Gross savings (current US$), annual growth rate in Algeria
Algeria: Gross savings (current US$), annual growth rate was 5.03 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Algeria, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current us$), annual growth rate in Algeria stood at 5.03 % change on previous year.
Compared with earlier readings it is up 196.9% on the previous year and up 1,902.8% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Algeria peaked at 52.88 % change on previous year in 1990 and was at its lowest, -31.43 % change on previous year, in 2015.
That places Algeria 106th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Algeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 35.53 % change on previous year | — |
| 1979 | 36.04 % change on previous year | +1.5% |
| 1980 | 36.81 % change on previous year | +2.1% |
| 1981 | -1.89 % change on previous year | -105.1% |
| 1982 | -1.79 % change on previous year | -5.0% |
| 1983 | 10.95 % change on previous year | -710.6% |
| 1984 | -7.76 % change on previous year | -170.9% |
| 1985 | 3.6 % change on previous year | -146.4% |
| 1986 | -18.56 % change on previous year | -615.6% |
| 1987 | 2.71 % change on previous year | -114.6% |
| 1988 | -29.6 % change on previous year | -1191.7% |
| 1989 | -2.99 % change on previous year | -89.9% |
| 1990 | 52.88 % change on previous year | -1871.4% |
| 1991 | -0.8751 % change on previous year | -101.7% |
| 2006 | 21.71 % change on previous year | -2580.6% |
| 2007 | 20.32 % change on previous year | -6.4% |
| 2008 | 28.44 % change on previous year | +40.0% |
| 2009 | -29.43 % change on previous year | -203.4% |
| 2010 | 26.35 % change on previous year | -189.5% |
| 2011 | 19.84 % change on previous year | -24.7% |
| 2012 | 1.4 % change on previous year | -92.9% |
| 2013 | -3.26 % change on previous year | -332.9% |
| 2014 | -0.2793 % change on previous year | -91.4% |
| 2015 | -31.43 % change on previous year | +11152.7% |
| 2016 | -1.81 % change on previous year | -94.2% |
| 2017 | 4.36 % change on previous year | -340.2% |
| 2018 | 4.96 % change on previous year | +13.8% |
| 2019 | -5.48 % change on previous year | -210.4% |
| 2020 | -26.15 % change on previous year | +377.5% |
| 2021 | 29.73 % change on previous year | -213.7% |
| 2022 | 39.39 % change on previous year | +32.5% |
| 2023 | 1.7 % change on previous year | -95.7% |
| 2024 | 5.03 % change on previous year | +196.9% |
Algeria compared with similar countries
- Algeria's 5.03 % change on previous year is above the median for upper middle income countries, which is 4.82 % change on previous year, 1.0× the median. (48 countries reporting)
- Algeria's 5.03 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.18 % change on previous year, 70% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate 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 |
|---|---|---|---|
| 2015 | -11152.7% | -0.2793 % change on previous year | -31.43 % change on previous year |
| 2006 | +2580.6% | -0.8751 % change on previous year | 21.71 % change on previous year |
| 1990 | +1871.4% | -2.99 % change on previous year | 52.88 % change on previous year |
| 1988 | -1191.7% | 2.71 % change on previous year | -29.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.78 % change on previous year | 35.53 % change on previous year | 36.04 % change on previous year | 2 |
| 1980s | -0.8517 % change on previous year | -29.6 % change on previous year | 36.81 % change on previous year | 10 |
| 1990s | 26 % change on previous year | -0.8751 % change on previous year | 52.88 % change on previous year | 2 |
| 2000s | 10.26 % change on previous year | -29.43 % change on previous year | 28.44 % change on previous year | 4 |
| 2010s | 1.47 % change on previous year | -31.43 % change on previous year | 26.35 % change on previous year | 10 |
| 2020s | 9.94 % change on previous year | -26.15 % change on previous year | 39.39 % change on previous year | 5 |
Countries ranked near Algeria
- 103 Belgium 5.75 % change on previous year compare
- 104 Nicaragua 5.53 % change on previous year compare
- 105 Bahamas 5.17 % change on previous year compare
- 107 India 5.03 % change on previous year compare
- 108 Nepal 4.97 % change on previous year compare
- 109 Germany 4.79 % change on previous year 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$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Algeria?
- Gross savings (current us$), annual growth rate in Algeria was 5.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Algeria?
- The highest recorded value was 52.88 % change on previous year in 1990.
- What is the lowest gross savings (current us$), annual growth rate recorded in Algeria?
- The lowest recorded value was -31.43 % change on previous year in 2015.
- How does Algeria rank for gross savings (current us$), annual growth rate?
- Algeria ranks 106th out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Algeria?
- Over the last ten years it is up 1,902.8%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.