Algeria: Savings, percent of GDP
* indicates monthly or quarterly data series
| Algeria |
Savings as percent of GDP |
|---|---|
| Latest value | 40.56 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1977 - 2023 |
| Average | 38.35 |
| Min - Max | 16.98 - 56.62 |
| Source | The World Bank |
The latest value from 2023 is 40.56 percent, a decline from 44.07 percent in 2022. In comparison, the world average is 23.02 percent, based on data from 140 countries. Historically, the average for Algeria from 1977 to 2023 is 38.35 percent. The minimum value, 16.98 percent, was reached in 1988 while the maximum of 56.62 percent was recorded in 2008.
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* indicates monthly or quarterly data series
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The savings in Algeria and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 37.76 | 2023 | percent |
| Share of manufacturing | 9.30 | 2023 | percent |
| Share of services | 45.62 | 2023 | percent |
| Industry value added | 93.50 | 2023 | billion U.S. dollars |
| Manufacturing value added | 23.02 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 40.56 | 2023 | percent |
| Savings, in dollars | 100.52 | 2023 | billion U.S. dollars |