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