Bahamas, The: Adjusted savings, net national savings (current US$)

Key figures

What the numbers say

In 2021, Bahamas, The's adjusted savings, net national savings (current US$) fell 58.2% on 2020 (from US$544.25 million to US$227.71 million).

Across the 30 yearly changes before that (1991 to 2020), the average change was +7.2% and a typical year strayed about 41.1% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 169.7% in 1995 and the biggest yearly fall was 69.6% 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 2012 to 2021 the straight-line trend is downward, about US$106.98 million a year. A straight line explains 43% 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 2021, Bahamas, The had the 110th highest value of the 132 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 Bahamas, The in the 2021 ranking

• Montenegro — 107th of 132: US$303.44 million
• Bhutan — 108th of 132: US$302.16 million
• Rwanda — 109th of 132: US$268.44 million
• Belize — 111th of 132: US$180.31 million
• Eswatini — 112th of 132: US$104.31 million
• Latvia — 113th of 132: US$102.61 million

What this measures

Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

All 44 values

Adjusted savings, net national savings (current US$) in nearby economies

• Antigua and Barbuda — US$40.3 million (2020)
• Argentina — US$49.38 billion (2021)
• Aruba — US$97.34 million (2021)
• Barbados — −US$276.71 million (2017)
• Belize — US$180.31 million (2021)
• Bolivia — US$682.05 million (2021)
• Brazil — −US$15.9 billion (2021)
• Chile — US$5.15 billion (2021)
• Colombia — US$8.83 billion (2021)
• Costa Rica

More economic policy & debt data for Bahamas, The

• GDP (current US$) — US$15.83 billion (2024)
• GDP (current LCU) — 15.83 billion (2024)
• GDP (constant 2015 US$) — US$13.63 billion (2024)
• GDP (constant LCU) — 14.11 billion (2024)
• GDP per capita (current US$) — US$39,455 (2024)
• GDP per capita (current LCU) — 39,455 (2024)
• GDP per capita (constant 2015 US$) — US$33,968 (2024)
• GDP per capita (constant LCU) — 35,159 (2024)
• GNI (current US$) — US$15.2 billion (2024)
• GNI (current LCU) — 15.2 billion (2024)
• GNI per capita (current LCU)

Reading data like this

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Questions people ask

What is Bahamas, The's adjusted savings, net national savings (current US$)?

US$227.71 million in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is up 214.86% from US$72.32 million in 1977 (2.64% a year on average, compounded). The highest value was US$2.35 billion in 2004 and the lowest US$39.59 million in 1978.

How does Bahamas, The rank?

110th highest of 132 economies with data for 2021.

Is the latest change in adjusted savings, net national savings (current US$) unusual for Bahamas, The?

In 2021, Bahamas, The's adjusted savings, net national savings (current US$) fell 58.2% on 2020 (from US$544.25 million to US$227.71 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +7.2% and a typical year strayed about 41.1% from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, 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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