Adjusted savings: net national savings in Africa Western and Central
Africa Western and Central: Adjusted savings: net national savings was 21.0% in 2021. ◆ Volatile
Adjusted savings: net national savings in Africa Western and Central, 1986–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Africa Western and Central recorded 21.0% for adjusted savings: net national savings in 2021. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 31.9% on the previous year and up 66.5% over ten years.
Over the whole period, adjusted savings: net national savings in Africa Western and Central peaked at 21.0% in 2021 and was at its lowest, 1.3%, in 2006.
Africa Western and Central ranks 3rd of 46 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Africa Western and Central, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1986 | 5.4% | — |
| 1987 | 4.9% | -9.6% |
| 1988 | 5.4% | +10.5% |
| 1989 | 5.4% | -0.3% |
| 1990 | 5.9% | +9.1% |
| 1991 | 5.5% | -7.3% |
| 1992 | 3.6% | -35.0% |
| 1993 | 3.7% | +3.2% |
| 1994 | 9.8% | +166.6% |
| 1995 | 8.1% | -16.9% |
| 1996 | 6.7% | -17.2% |
| 1997 | 7.3% | +8.1% |
| 1998 | 6.6% | -8.6% |
| 1999 | 5.5% | -17.3% |
| 2000 | 8.8% | +60.0% |
| 2001 | 7.3% | -17.3% |
| 2002 | 6.7% | -7.9% |
| 2003 | 8.6% | +27.9% |
| 2004 | 8.0% | -6.1% |
| 2005 | 2.5% | -69.5% |
| 2006 | 1.3% | -48.2% |
| 2007 | 1.5% | +18.7% |
| 2008 | 17.9% | +1085.8% |
| 2009 | 12.2% | -31.9% |
| 2010 | 12.1% | -0.6% |
| 2011 | 12.6% | +4.1% |
| 2012 | 19.1% | +51.0% |
| 2013 | 9.2% | -51.7% |
| 2014 | 13.3% | +44.6% |
| 2015 | 8.7% | -34.6% |
| 2016 | 7.4% | -15.5% |
| 2017 | 8.7% | +19.0% |
| 2018 | 9.6% | +9.3% |
| 2019 | 11.8% | +24.0% |
| 2020 | 15.9% | +34.4% |
| 2021 | 21.0% | +31.9% |
Biggest year-on-year movements
Years where Adjusted savings: net national savings in Africa Western and Central changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1085.8% | 1.5% | 17.9% |
| 1994 | +166.6% | 3.7% | 9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.3% | 4.9% | 5.4% | 4 |
| 1990s | 6.3% | 3.6% | 9.8% | 10 |
| 2000s | 7.5% | 1.3% | 17.9% | 10 |
| 2010s | 11.2% | 7.4% | 19.1% | 10 |
| 2020s | 18.5% | 15.9% | 21.0% | 2 |
Countries ranked near Africa Western and Central
More economy & growth data for Africa Western and Central
- GDP growth 4.6% (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2303 constant 2015 US$ per US$ of GDP (2025)
- Inflation, GDP deflator 2.8% (2025)
- Gross value added at basic prices (GVA) 807.39 billion current US$ (2025)
- Gross value added at basic prices (GVA) 942.07 billion constant 2015 US$ (2025)
- GDP 852.53 billion current US$ (2025)
- GDP 991.22 billion constant 2015 US$ (2025)
- GDP per capita 1,600 current US$ (2025)
- GDP per capita growth 2.2% (2025)
- GDP per capita 1,860 constant 2015 US$ (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Africa Western and Central?
- Adjusted savings: net national savings in Africa Western and Central was 21.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Africa Western and Central?
- The highest recorded value was 21.0% in 2021.
- What is the lowest adjusted savings: net national savings recorded in Africa Western and Central?
- The lowest recorded value was 1.3% in 2006.
- How does Africa Western and Central rank for adjusted savings: net national savings?
- Africa Western and Central ranks 3rd out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in Africa Western and Central?
- Over the last ten years it is up 66.5%. The long-run trend across the full record is volatile.
- Where does this Africa Western and Central data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.