Algeria vs Lower middle income: Gross savings
Gross savings over time
- Algeria
- Lower middle income
How they compare
Algeria currently reports 39.4% against 28.0% in Lower middle income, a difference of 11.4%.
That makes Algeria's figure about 1.4 times Lower middle income's.
The two have swapped places 2 times across 35 shared years of data; in 1977 it was Algeria ahead.
Algeria ranks 10th and Lower middle income ranks 13th of 178 countries.
Algeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Algeria | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 34.1% | 16.2% | 17.9% | Algeria |
| 1980s | 28.6% | 17.7% | 10.9% | Algeria |
| 1990s | 28.1% | 25.3% | 2.9% | Algeria |
| 2000s | 53.0% | 35.2% | 17.7% | Algeria |
| 2010s | 43.8% | 28.6% | 15.2% | Algeria |
| 2020s | 39.2% | 26.9% | 12.3% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Algeria or Lower middle income?
- Algeria, at 39.4% against 28.0% in Lower middle income as of 2024.
- What is the difference in gross savings between Algeria and Lower middle income?
- 11.4%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Lower middle income?
- 35 years are reported by both, from 1977 to 2024.
- How do Algeria and Lower middle income rank globally for gross savings?
- Algeria ranks 10th and Lower middle income ranks 13th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.