Adjusted savings: net national savings in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Adjusted savings: net national savings was 14.4% in 2021. ▲ Rising
Adjusted savings: net national savings in Sub-Saharan Africa (excluding high income), 1980–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: net national savings in Sub-Saharan Africa (excluding high income) stood at 14.4%. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 19.1% on the previous year and up 40.8% over ten years.
Over the whole period, adjusted savings: net national savings in Sub-Saharan Africa (excluding high income) peaked at 14.4% in 2021 and was at its lowest, 1.5%, in 1991.
That places Sub-Saharan Africa (excluding high income) 19th 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: net national savings in Sub-Saharan Africa (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 12.5% | — |
| 1981 | 10.4% | -17.1% |
| 1982 | 7.5% | -28.0% |
| 1983 | 6.8% | -8.4% |
| 1984 | 6.6% | -3.4% |
| 1986 | 5.4% | -18.0% |
| 1987 | 3.9% | -27.2% |
| 1988 | 4.3% | +9.3% |
| 1989 | 4.9% | +13.2% |
| 1990 | 2.2% | -55.3% |
| 1991 | 1.5% | -32.7% |
| 1992 | 2.2% | +52.1% |
| 1993 | 4.0% | +77.9% |
| 1994 | 4.3% | +8.7% |
| 1995 | 4.8% | +12.1% |
| 1996 | 4.2% | -12.6% |
| 1997 | 4.1% | -3.4% |
| 1998 | 4.0% | -2.5% |
| 1999 | 3.4% | -13.7% |
| 2000 | 5.7% | +64.9% |
| 2001 | 5.1% | -9.6% |
| 2002 | 7.6% | +48.1% |
| 2003 | 8.2% | +7.6% |
| 2004 | 8.5% | +4.7% |
| 2005 | 8.4% | -1.9% |
| 2006 | 9.4% | +12.4% |
| 2007 | 9.3% | -1.3% |
| 2008 | 14.1% | +51.6% |
| 2009 | 9.5% | -32.8% |
| 2010 | 10.1% | +6.2% |
| 2011 | 10.2% | +1.6% |
| 2012 | 12.0% | +17.3% |
| 2013 | 8.0% | -33.5% |
| 2014 | 10.5% | +31.6% |
| 2015 | 7.4% | -30.0% |
| 2016 | 7.0% | -4.9% |
| 2017 | 7.9% | +12.4% |
| 2018 | 8.5% | +8.5% |
| 2019 | 10.2% | +19.8% |
| 2020 | 12.1% | +18.3% |
| 2021 | 14.4% | +19.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.9% | 3.9% | 12.5% | 9 |
| 1990s | 3.5% | 1.5% | 4.8% | 10 |
| 2000s | 8.6% | 5.1% | 14.1% | 10 |
| 2010s | 9.2% | 7.0% | 12.0% | 10 |
| 2020s | 13.3% | 12.1% | 14.4% | 2 |
Countries ranked near Sub-Saharan Africa (excluding high income)
- 16 Myanmar 26.1% compare
- 17 Nepal 25.7% compare
- 18 Sri Lanka 25.3% compare
- 19 Azerbaijan 24.9% compare
- 20 Tanzania, United Republic of 24.7% compare
- 21 Nigeria 23.7% compare
- 22 Macau, China 22.8% compare
More economy & growth data for Sub-Saharan Africa (excluding high income)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.36 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.147 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 245.62 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7.79 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.8257 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,380 current US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.1 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 1,655 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.9901 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 3.8 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Sub-Saharan Africa (excluding high income)?
- Adjusted savings: net national savings in Sub-Saharan Africa (excluding high income) was 14.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 14.4% in 2021.
- What is the lowest adjusted savings: net national savings recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 1.5% in 1991.
- How does Sub-Saharan Africa (excluding high income) rank for adjusted savings: net national savings?
- Sub-Saharan Africa (excluding high income) ranks 19th out of 46 groups with data for 2021.
- Is adjusted savings: net national savings rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa (excluding high income) 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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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.