Algeria - Gross savings (% of GDP)

Gross savings (% of GDP) in Algeria was 31.22 as of 2020. Its highest value over the past 43 years was 57.41 in 2008, while its lowest value was 16.98 in 1988.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 31.52
1978 33.98
1979 36.66
1980 39.37
1981 36.89
1982 35.54
1983 36.53
1984 30.62
1985 29.40
1986 21.78
1987 21.35
1988 16.98
1989 17.49
1990 23.98
1991 32.26
2005 51.86
2006 54.57
2007 56.94
2008 57.41
2009 47.21
2010 49.83
2011 48.53
2012 47.78
2013 45.56
2014 43.30
2015 36.49
2016 37.38
2017 38.73
2018 40.21
2019 39.07
2020 31.22

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts