Antigua and Barbuda's adjusted savings, net national savings (% of GNI) was 2.99% in 2020, the latest year in the World Bank's World Development Indicators. That is down 0.21 percentage points from 3.21% in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.99% | 2020 |
| Five years earlier | -3.67% | 2015 |
| Ten years earlier | 3.21% | 2010 |
| Highest | 16.37% | 2019 |
| Lowest | -7.59% | 2014 |
| Average since 2011 | 1.88% | 2011–2020 |
| First recorded | 16.07% | 1993 |
What the numbers say
In 2020, Antigua and Barbuda's adjusted savings, net national savings (% of GNI) fell 13.38 percentage points on 2019 (from 16.37% to 2.99%).
Across the 26 yearly changes before that (1994 to 2019), the average change was +0.01 percentage points and a typical year strayed about 5.23 percentage points from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 13.45 percentage points in 2009 and the biggest yearly fall was 13.38 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is upward, about 1.68 percentage points a year. A straight line explains 45% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2020, Antigua and Barbuda had the 18th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Antigua and Barbuda in the 2020 ranking
- Lesotho — 14th of 20: 6.35%
- Marshall Islands — 15th of 20: 5.06%
- Fiji — 16th of 20: 4.03%
- Sierra Leone — 18th of 20: -5.28%
- Congo, Rep. — 19th of 20: -10.54%
- Libya — 20th of 20: -23.83%
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 28 values
| Year | Adjusted savings, net national savings (% of GNI) |
|---|---|
| 2020 | 2.99 |
| 2019 | 16.37 |
| 2018 | 12.61 |
| 2017 | 4.75 |
| 2016 | -1.12 |
| 2015 | -3.67 |
| 2014 | -7.59 |
| 2013 | -2.95 |
| 2012 | -3.04 |
| 2011 | 0.4005 |
| 2010 |
Adjusted savings, net national savings (% of GNI) in nearby economies
- Argentina — 10.34% (2021)
- Aruba — 3.21% (2021)
- Bahamas, The — 2.17% (2021)
- Barbados — -5.82% (2017)
- Belize — 7.47% (2021)
- Bolivia — 1.73% (2021)
- Brazil — -1.02% (2021)
- Chile — 1.72% (2021)
- Colombia — 2.85% (2021)
- Costa Rica
More economic policy & debt data for Antigua and Barbuda
- Adjusted savings, education expenditure (% of GNI) — 2.25% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Total reserves, including gold (current US$) — US$378.52 million (2025)
- Total reserves, excluding gold (current US$) — US$378.52 million (2025)
- Trade in services (% of GDP) — 78.09% (2025)
- Communications, computer, etc. (% of service imports, BoP) — 49.1% (2025)
- Primary income payments (BoP, current US$) — US$104.43 million (2025)
- Imports of goods and services (current US$, BoP) — US$1.41 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Antigua and Barbuda's adjusted savings, net national savings (% of GNI)?
- 2.99% in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is down 13.08 percentage points from 16.07% in 1993. The highest value was 16.37% in 2019 and the lowest -7.59% in 2014.
- How does Antigua and Barbuda rank?
- 18th highest of 20 economies with data for 2020.
- Is the latest change in adjusted savings, net national savings (% of GNI) unusual for Antigua and Barbuda?
- In 2020, Antigua and Barbuda's adjusted savings, net national savings (% of GNI) fell 13.38 percentage points on 2019 (from 16.37% to 2.99%). Across the 26 yearly changes before that (1994 to 2019), the average change was +0.01 percentage points and a typical year strayed about 5.23 percentage points from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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