Algeria vs Europe & Central Asia (excluding high income): Gross savings
Gross savings over time
- Algeria
- Europe & Central Asia (excluding high income)
How they compare
Algeria currently reports 40.2% against 27.5% in Europe & Central Asia (excluding high income), a difference of 12.7%.
That makes Algeria's figure about 1.5 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 2 times across 32 shared years of data; in 1977 it was Algeria ahead.
Algeria ranks 12th and Europe & Central Asia (excluding high income) ranks 15th of 178 countries.
Across the 5 decades both report, Algeria averaged higher in 4 and Europe & Central Asia (excluding high income) in 1.
Head to head by decade
| Decade | Algeria | Europe & Central Asia (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 35.9% | 32.4% | 3.5% | Algeria |
| 1980s | 31.0% | 31.5% | 0.5% | Europe & Central Asia (excluding high income) |
| 2000s | 54.1% | 25.4% | 28.7% | Algeria |
| 2010s | 44.4% | 26.0% | 18.4% | Algeria |
| 2020s | 39.9% | 28.4% | 11.5% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Algeria or Europe & Central Asia (excluding high income)?
- Algeria, at 40.2% against 27.5% in Europe & Central Asia (excluding high income) as of 2024.
- What is the difference in gross savings between Algeria and Europe & Central Asia (excluding high income)?
- 12.7%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Europe & Central Asia (excluding high income)?
- 32 years are reported by both, from 1977 to 2024.
- How do Algeria and Europe & Central Asia (excluding high income) rank globally for gross savings?
- Algeria ranks 12th and Europe & Central Asia (excluding high income) ranks 15th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.