Gross savings in Algeria
Algeria: Gross savings was 14.23 trillion current LCU in 2024. ◆ Volatile
Gross savings in Algeria, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Algeria is 14.23 trillion current LCU, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 65.4% over ten years.
Over the whole period, gross savings in Algeria peaked at 14.23 trillion current LCU in 2024 and was at its lowest, 27.41 billion current LCU, in 1977.
Algeria ranks 27th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Algeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 27.41 billion current LCU | — |
| 1978 | 35.53 billion current LCU | +29.6% |
| 1979 | 46.96 billion current LCU | +32.2% |
| 1980 | 63.98 billion current LCU | +36.2% |
| 1981 | 70.60 billion current LCU | +10.3% |
| 1982 | 73.78 billion current LCU | +4.5% |
| 1983 | 85.36 billion current LCU | +15.7% |
| 1984 | 81.93 billion current LCU | -4.0% |
| 1985 | 85.64 billion current LCU | +4.5% |
| 1986 | 65.23 billion current LCU | -23.8% |
| 1987 | 69.10 billion current LCU | +5.9% |
| 1988 | 59.33 billion current LCU | -14.1% |
| 1989 | 74.04 billion current LCU | +24.8% |
| 1990 | 133.27 billion current LCU | +80.0% |
| 1991 | 272.43 billion current LCU | +104.4% |
| 2005 | 3.98 trillion current LCU | +1360.5% |
| 2006 | 4.80 trillion current LCU | +20.7% |
| 2007 | 5.51 trillion current LCU | +14.8% |
| 2008 | 6.60 trillion current LCU | +19.7% |
| 2009 | 5.24 trillion current LCU | -20.6% |
| 2010 | 6.77 trillion current LCU | +29.4% |
| 2011 | 7.96 trillion current LCU | +17.5% |
| 2012 | 8.58 trillion current LCU | +7.8% |
| 2013 | 8.50 trillion current LCU | -1.0% |
| 2014 | 8.60 trillion current LCU | +1.2% |
| 2015 | 7.37 trillion current LCU | -14.3% |
| 2016 | 7.87 trillion current LCU | +6.7% |
| 2017 | 8.32 trillion current LCU | +5.8% |
| 2018 | 9.18 trillion current LCU | +10.3% |
| 2019 | 8.88 trillion current LCU | -3.2% |
| 2020 | 6.97 trillion current LCU | -21.6% |
| 2021 | 9.63 trillion current LCU | +38.2% |
| 2022 | 14.11 trillion current LCU | +46.5% |
| 2023 | 13.73 trillion current LCU | -2.7% |
| 2024 | 14.23 trillion current LCU | +3.7% |
Algeria compared with similar countries
- Algeria's 14.23 trillion current LCU is above the median for upper middle income countries, which is 451.73 billion current LCU, 31.5× the median. (49 countries reporting)
- Algeria's 14.23 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.67 billion current LCU, 129.8× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Algeria 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 |
|---|---|---|---|
| 2005 | +1360.5% | 272.43 billion current LCU | 3.98 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.63 billion current LCU | 27.41 billion current LCU | 46.96 billion current LCU | 3 |
| 1980s | 72.90 billion current LCU | 59.33 billion current LCU | 85.64 billion current LCU | 10 |
| 1990s | 202.85 billion current LCU | 133.27 billion current LCU | 272.43 billion current LCU | 2 |
| 2000s | 5.22 trillion current LCU | 3.98 trillion current LCU | 6.60 trillion current LCU | 5 |
| 2010s | 8.20 trillion current LCU | 6.77 trillion current LCU | 9.18 trillion current LCU | 10 |
| 2020s | 11.73 trillion current LCU | 6.97 trillion current LCU | 14.23 trillion current LCU | 5 |
Countries ranked near Algeria
- 24 Bangladesh 19.20 trillion current LCU compare
- 25 Pakistan 17.33 trillion current LCU compare
- 26 Angola 16.51 trillion current LCU compare
- 28 Madagascar 13.95 trillion current LCU compare
- 29 Turkey 13.34 trillion current LCU compare
- 30 Cote d'Ivoire 9.06 trillion current LCU compare
More economy & growth data for Algeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9727 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 264,865 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0057 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.23 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 0.9906 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.2 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Algeria?
- Gross savings in Algeria was 14.23 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Algeria?
- The highest recorded value was 14.23 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Algeria?
- The lowest recorded value was 27.41 billion current LCU in 1977.
- How does Algeria rank for gross savings?
- Algeria ranks 27th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Algeria?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.