Algeria vs Low & middle income: Gross savings
Gross savings over time
- Algeria
- Low & middle income
How they compare
Algeria currently reports 40.2% against 34.3% in Low & middle income, a difference of 5.9%.
That makes Algeria's figure about 1.2 times Low & middle income's.
The two have swapped places 4 times across 33 shared years of data; in 1979 it was Algeria ahead.
Algeria ranks 12th and Low & middle income ranks 9th of 178 countries.
Algeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Algeria | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 38.6% | 22.5% | 16.1% | Algeria |
| 1980s | 29.7% | 23.3% | 6.4% | Algeria |
| 1990s | 29.5% | 24.0% | 5.5% | Algeria |
| 2000s | 54.1% | 34.5% | 19.6% | Algeria |
| 2010s | 44.4% | 34.3% | 10.1% | Algeria |
| 2020s | 39.9% | 35.1% | 4.8% | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Algeria or Low & middle income?
- Algeria, at 40.2% against 34.3% in Low & middle income as of 2024.
- What is the difference in gross savings between Algeria and Low & middle income?
- 5.9%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Low & middle income?
- 33 years are reported by both, from 1979 to 2024.
- How do Algeria and Low & middle income rank globally for gross savings?
- Algeria ranks 12th and Low & middle income ranks 9th 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.
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 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.