Gross savings (current US$), per unit of GDP in Algeria
Algeria: Gross savings (current US$), per unit of GDP was 0.3942 current US$ per US$ of GDP in 2024. ▲ Rising
Gross savings (current US$), per unit of GDP in Algeria, 1977–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Algeria recorded 0.3942 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2024.
Compared with earlier readings it is down 3.3% on the previous year and down 11.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Algeria peaked at 0.5662 current US$ per US$ of GDP in 2008 and was at its lowest, 0.1698 current US$ per US$ of GDP, in 1988.
That places Algeria 10th out of 178 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Gross savings (current US$), per unit of GDP in Algeria, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.3152 current US$ per US$ of GDP | — |
| 1978 | 0.3398 current US$ per US$ of GDP | +7.8% |
| 1979 | 0.3666 current US$ per US$ of GDP | +7.9% |
| 1980 | 0.3937 current US$ per US$ of GDP | +7.4% |
| 1981 | 0.3689 current US$ per US$ of GDP | -6.3% |
| 1982 | 0.3554 current US$ per US$ of GDP | -3.7% |
| 1983 | 0.3653 current US$ per US$ of GDP | +2.8% |
| 1984 | 0.3062 current US$ per US$ of GDP | -16.2% |
| 1985 | 0.294 current US$ per US$ of GDP | -4.0% |
| 1986 | 0.2178 current US$ per US$ of GDP | -25.9% |
| 1987 | 0.2135 current US$ per US$ of GDP | -2.0% |
| 1988 | 0.1698 current US$ per US$ of GDP | -20.5% |
| 1989 | 0.1749 current US$ per US$ of GDP | +3.0% |
| 1990 | 0.2398 current US$ per US$ of GDP | +37.1% |
| 1991 | 0.3226 current US$ per US$ of GDP | +34.5% |
| 2005 | 0.5072 current US$ per US$ of GDP | +57.2% |
| 2006 | 0.5369 current US$ per US$ of GDP | +5.9% |
| 2007 | 0.5581 current US$ per US$ of GDP | +3.9% |
| 2008 | 0.5662 current US$ per US$ of GDP | +1.5% |
| 2009 | 0.4795 current US$ per US$ of GDP | -15.3% |
| 2010 | 0.5122 current US$ per US$ of GDP | +6.8% |
| 2011 | 0.4999 current US$ per US$ of GDP | -2.4% |
| 2012 | 0.4872 current US$ per US$ of GDP | -2.5% |
| 2013 | 0.4661 current US$ per US$ of GDP | -4.3% |
| 2014 | 0.4468 current US$ per US$ of GDP | -4.1% |
| 2015 | 0.3905 current US$ per US$ of GDP | -12.6% |
| 2016 | 0.3977 current US$ per US$ of GDP | +1.8% |
| 2017 | 0.3951 current US$ per US$ of GDP | -0.7% |
| 2018 | 0.4047 current US$ per US$ of GDP | +2.4% |
| 2019 | 0.3847 current US$ per US$ of GDP | -4.9% |
| 2020 | 0.3334 current US$ per US$ of GDP | -13.3% |
| 2021 | 0.3829 current US$ per US$ of GDP | +14.9% |
| 2022 | 0.4406 current US$ per US$ of GDP | +15.1% |
| 2023 | 0.4077 current US$ per US$ of GDP | -7.5% |
| 2024 | 0.3942 current US$ per US$ of GDP | -3.3% |
Algeria compared with similar countries
- Algeria's 0.3942 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2338 current US$ per US$ of GDP, 1.7× the median. (49 countries reporting)
- Algeria's 0.3942 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2586 current US$ per US$ of GDP, 1.5× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +57.2% | 0.3226 current US$ per US$ of GDP | 0.5072 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3405 current US$ per US$ of GDP | 0.3152 current US$ per US$ of GDP | 0.3666 current US$ per US$ of GDP | 3 |
| 1980s | 0.2859 current US$ per US$ of GDP | 0.1698 current US$ per US$ of GDP | 0.3937 current US$ per US$ of GDP | 10 |
| 1990s | 0.2812 current US$ per US$ of GDP | 0.2398 current US$ per US$ of GDP | 0.3226 current US$ per US$ of GDP | 2 |
| 2000s | 0.5296 current US$ per US$ of GDP | 0.4795 current US$ per US$ of GDP | 0.5662 current US$ per US$ of GDP | 5 |
| 2010s | 0.4385 current US$ per US$ of GDP | 0.3847 current US$ per US$ of GDP | 0.5122 current US$ per US$ of GDP | 10 |
| 2020s | 0.3918 current US$ per US$ of GDP | 0.3334 current US$ per US$ of GDP | 0.4406 current US$ per US$ of GDP | 5 |
Countries ranked near Algeria
- 7 Burundi 0.4306 current US$ per US$ of GDP compare
- 8 China 0.4271 current US$ per US$ of GDP compare
- 9 Singapore 0.3998 current US$ per US$ of GDP compare
- 11 Cambodia 0.3916 current US$ per US$ of GDP compare
- 12 Tajikistan 0.3875 current US$ per US$ of GDP compare
- 13 San Marino 0.3858 current US$ per US$ of GDP 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$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Algeria?
- Gross savings (current us$), per unit of gdp in Algeria was 0.3942 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Algeria?
- The highest recorded value was 0.5662 current US$ per US$ of GDP in 2008.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Algeria?
- The lowest recorded value was 0.1698 current US$ per US$ of GDP in 1988.
- How does Algeria rank for gross savings (current us$), per unit of gdp?
- Algeria ranks 10th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Algeria?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is rising.
- Where does this Algeria data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.