Adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Adjusted savings: gross savings was 25.3% in 2021. ▲ Rising
Adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries), 1980–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries) is 25.3%, measured in 2021. That is the highest value across all 41 years on record.
That represents a change of up 8.1% on the previous year and up 18.4% over ten years.
Over the whole period, adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries) peaked at 25.3% in 2021 and was at its lowest, 12.8%, in 1991.
That places Sub-Saharan Africa (IDA & IBRD countries) 27th out of 46 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 23.9% | — |
| 1981 | 21.6% | -9.8% |
| 1982 | 19.1% | -11.4% |
| 1983 | 19.1% | -0.4% |
| 1984 | 18.4% | -3.2% |
| 1986 | 17.2% | -7.0% |
| 1987 | 16.0% | -6.5% |
| 1988 | 16.3% | +1.9% |
| 1989 | 16.6% | +1.6% |
| 1990 | 13.7% | -17.4% |
| 1991 | 12.8% | -7.0% |
| 1992 | 14.5% | +13.5% |
| 1993 | 15.9% | +9.5% |
| 1994 | 16.4% | +3.4% |
| 1995 | 16.7% | +1.9% |
| 1996 | 16.1% | -3.6% |
| 1997 | 15.9% | -1.3% |
| 1998 | 15.9% | +0.1% |
| 1999 | 15.5% | -2.6% |
| 2000 | 17.8% | +15.0% |
| 2001 | 17.0% | -4.9% |
| 2002 | 19.1% | +12.7% |
| 2003 | 19.8% | +3.7% |
| 2004 | 19.9% | +0.5% |
| 2005 | 19.4% | -2.5% |
| 2006 | 20.4% | +5.1% |
| 2007 | 20.2% | -0.8% |
| 2008 | 24.2% | +19.8% |
| 2009 | 19.9% | -17.8% |
| 2010 | 21.0% | +5.4% |
| 2011 | 21.4% | +1.9% |
| 2012 | 23.3% | +9.0% |
| 2013 | 19.1% | -17.9% |
| 2014 | 21.5% | +12.1% |
| 2015 | 18.4% | -14.3% |
| 2016 | 18.0% | -2.2% |
| 2017 | 18.8% | +4.6% |
| 2018 | 19.4% | +3.3% |
| 2019 | 21.1% | +8.8% |
| 2020 | 23.4% | +10.9% |
| 2021 | 25.3% | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.7% | 16.0% | 23.9% | 9 |
| 1990s | 15.3% | 12.8% | 16.7% | 10 |
| 2000s | 19.8% | 17.0% | 24.2% | 10 |
| 2010s | 20.2% | 18.0% | 23.3% | 10 |
| 2020s | 24.4% | 23.4% | 25.3% | 2 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
- 24 Bangladesh 34.2% compare
- 25 Indonesia 34.0% compare
- 26 Papua New Guinea 33.6% compare
- 27 Uzbekistan 33.5% compare
- 28 Azerbaijan 33.5% compare
- 29 Maldives 33.1% compare
- 30 Sri Lanka 33.1% compare
More economy & growth data for Sub-Saharan Africa (IDA & IBRD countries)
- Foreign direct investment, net inflows (BoP, current US$), per capita 5.26 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7.79 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 246.12 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1471 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 3.82 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 283.73 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1696 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 9.56 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.99 BoP, current US$ per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries)?
- Adjusted savings: gross savings in Sub-Saharan Africa (IDA & IBRD countries) was 25.3% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 25.3% in 2021.
- What is the lowest adjusted savings: gross savings recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 12.8% in 1991.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for adjusted savings: gross savings?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 27th out of 46 groups with data for 2021.
- Is adjusted savings: gross savings rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current 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.