Algeria vs Turkey: Gross savings
Gross savings over time
- Algeria
- Turkey
How they compare
Algeria currently reports 14.23 trillion current LCU against 13.34 trillion current LCU in Turkey, a difference of 894.00 billion current LCU.
That makes Algeria's figure about 1.1 times Turkey's.
Across all 35 years both countries report, Algeria has been ahead every year.
Algeria ranks 27th and Turkey ranks 29th of 177 countries.
Algeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Algeria | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 36.63 billion current LCU | 587,652 current LCU | 36.63 billion current LCU | Algeria |
| 1980s | 72.90 billion current LCU | 16.38 million current LCU | 72.88 billion current LCU | Algeria |
| 1990s | 202.85 billion current LCU | 101.08 million current LCU | 202.75 billion current LCU | Algeria |
| 2000s | 5.22 trillion current LCU | 220.25 billion current LCU | 5.00 trillion current LCU | Algeria |
| 2010s | 8.20 trillion current LCU | 682.14 billion current LCU | 7.52 trillion current LCU | Algeria |
| 2020s | 11.73 trillion current LCU | 6.24 trillion current LCU | 5.50 trillion current LCU | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Algeria or Turkey?
- Algeria, at 14.23 trillion current LCU against 13.34 trillion current LCU in Turkey as of 2024.
- What is the difference in gross savings between Algeria and Turkey?
- 894.00 billion current LCU, with Algeria ahead.
- How many years of comparable data are there for Algeria and Turkey?
- 35 years are reported by both, from 1977 to 2024.
- How do Algeria and Turkey rank globally for gross savings?
- Algeria ranks 27th and Turkey ranks 29th 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.
Individual pages
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.