Algeria vs Angola: Gross savings
Gross savings over time
- Algeria
- Angola
How they compare
Angola currently reports 16.51 trillion current LCU against 14.23 trillion current LCU in Algeria, a difference of 2.28 trillion current LCU.
That makes Angola's figure about 1.2 times Algeria's.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Algeria ahead.
Algeria ranks 27th and Angola ranks 26th of 177 countries.
Across the 3 decades both report, Algeria averaged higher in 2 and Angola in 1.
Head to head by decade
| Decade | Algeria | Angola | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.22 trillion current LCU | 2.15 trillion current LCU | 3.08 trillion current LCU | Algeria |
| 2010s | 8.20 trillion current LCU | 5.62 trillion current LCU | 2.58 trillion current LCU | Algeria |
| 2020s | 11.73 trillion current LCU | 13.08 trillion current LCU | 1.35 trillion current LCU | Angola |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Algeria or Angola?
- Angola, at 16.51 trillion current LCU against 14.23 trillion current LCU in Algeria as of 2024.
- What is the difference in gross savings between Algeria and Angola?
- 2.28 trillion current LCU, with Angola ahead.
- How many years of comparable data are there for Algeria and Angola?
- 20 years are reported by both, from 2005 to 2024.
- How do Algeria and Angola rank globally for gross savings?
- Algeria ranks 27th and Angola ranks 26th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.