Algeria - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Algeria was 39.83 as of 2019. Its highest value over the past 42 years was 57.89 in 2008, while its lowest value was 17.73 in 1988.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1977 33.38
1978 35.69
1979 38.65
1980 41.19
1981 38.63
1982 37.17
1983 37.92
1984 31.61
1985 30.20
1986 22.37
1987 21.97
1988 17.73
1989 18.16
1990 24.89
1991 34.16
2005 54.55
2006 56.72
2007 57.68
2008 57.89
2009 47.73
2010 49.99
2011 49.01
2012 48.08
2013 46.38
2014 44.35
2015 37.41
2016 37.75
2017 39.29
2018 41.41
2019 39.83

Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts