Gross savings in Algeria
Algeria: Gross savings was 14.23 trillion current LCU in 2024. ◆ Volatile
Gross savings in Algeria, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Algeria is 14.23 trillion current LCU, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 65.4% over ten years.
Over the whole period, gross savings in Algeria peaked at 14.23 trillion current LCU in 2024 and was at its lowest, 27.41 billion current LCU, in 1977.
Algeria ranks 27th of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.63 billion current LCU | 27.41 billion current LCU | 46.96 billion current LCU | 3 |
| 1980s | 72.90 billion current LCU | 59.33 billion current LCU | 85.64 billion current LCU | 10 |
| 1990s | 202.85 billion current LCU | 133.27 billion current LCU | 272.43 billion current LCU | 2 |
| 2000s | 5.22 trillion current LCU | 3.98 trillion current LCU | 6.60 trillion current LCU | 5 |
| 2010s | 8.20 trillion current LCU | 6.77 trillion current LCU | 9.18 trillion current LCU | 10 |
| 2020s | 11.73 trillion current LCU | 6.97 trillion current LCU | 14.23 trillion current LCU | 5 |
Countries ranked near Algeria
- 24 Bangladesh 19.20 trillion current LCU compare
- 25 Pakistan 17.33 trillion current LCU compare
- 26 Angola 16.51 trillion current LCU compare
- 28 Madagascar 13.95 trillion current LCU compare
- 29 Turkey 13.34 trillion current LCU compare
- 30 Cote d'Ivoire 9.06 trillion current LCU compare
More economy & growth data for Algeria
- DEC alternative conversion factor 131.61 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 342.08 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 2.55 billion current US$ (2024)
- Taxes less subsidies on products 1.89 trillion current LCU (2025)
- Taxes less subsidies on products 14.37 billion current US$ (2025)
- Net primary income (Net income from abroad) -713.79 billion current LCU (2025)
- Net primary income (Net income from abroad) -5.42 billion current US$ (2025)
- GNI per capita 781,300 current LCU (2025)
- GNI per capita, Atlas method 5,850 current US$ (2025)
- GNI 37.06 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Algeria?
- Gross savings in Algeria was 14.23 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Algeria?
- The highest recorded value was 14.23 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Algeria?
- The lowest recorded value was 27.41 billion current LCU in 1977.
- How does Algeria rank for gross savings?
- Algeria ranks 27th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Algeria?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.