Gross savings in Algeria
Algeria: Gross savings was 106.17 billion current US$ in 2024. ◆ Volatile
Gross savings in Algeria, 1977–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Algeria is 106.17 billion current US$, measured in 2024.
That represents a change of up 5.0% on the previous year and down 0.6% over ten years.
Over the whole period, gross savings in Algeria peaked at 110.67 billion current US$ in 2012 and was at its lowest, 6.61 billion current US$, in 1977.
Algeria ranks 37th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Algeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 6.61 billion current US$ | — |
| 1978 | 8.96 billion current US$ | +35.5% |
| 1979 | 12.19 billion current US$ | +36.0% |
| 1980 | 16.67 billion current US$ | +36.8% |
| 1981 | 16.36 billion current US$ | -1.9% |
| 1982 | 16.07 billion current US$ | -1.8% |
| 1983 | 17.82 billion current US$ | +11.0% |
| 1984 | 16.44 billion current US$ | -7.8% |
| 1985 | 17.03 billion current US$ | +3.6% |
| 1986 | 13.87 billion current US$ | -18.6% |
| 1987 | 14.25 billion current US$ | +2.7% |
| 1988 | 10.03 billion current US$ | -29.6% |
| 1989 | 9.73 billion current US$ | -3.0% |
| 1990 | 14.88 billion current US$ | +52.9% |
| 1991 | 14.75 billion current US$ | -0.9% |
| 2005 | 54.30 billion current US$ | +268.2% |
| 2006 | 66.08 billion current US$ | +21.7% |
| 2007 | 79.51 billion current US$ | +20.3% |
| 2008 | 102.13 billion current US$ | +28.4% |
| 2009 | 72.08 billion current US$ | -29.4% |
| 2010 | 91.07 billion current US$ | +26.3% |
| 2011 | 109.14 billion current US$ | +19.8% |
| 2012 | 110.67 billion current US$ | +1.4% |
| 2013 | 107.06 billion current US$ | -3.3% |
| 2014 | 106.76 billion current US$ | -0.3% |
| 2015 | 73.21 billion current US$ | -31.4% |
| 2016 | 71.88 billion current US$ | -1.8% |
| 2017 | 75.02 billion current US$ | +4.4% |
| 2018 | 78.74 billion current US$ | +5.0% |
| 2019 | 74.43 billion current US$ | -5.5% |
| 2020 | 54.96 billion current US$ | -26.1% |
| 2021 | 71.31 billion current US$ | +29.7% |
| 2022 | 99.39 billion current US$ | +39.4% |
| 2023 | 101.08 billion current US$ | +1.7% |
| 2024 | 106.17 billion current US$ | +5.0% |
Algeria compared with similar countries
- Algeria's 106.17 billion current US$ is above the median for upper middle income countries, which is 17.82 billion current US$, 6.0× the median. (49 countries reporting)
- Algeria's 106.17 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.69 billion current US$, 3.6× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +268.2% | 14.75 billion current US$ | 54.30 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.25 billion current US$ | 6.61 billion current US$ | 12.19 billion current US$ | 3 |
| 1980s | 14.83 billion current US$ | 9.73 billion current US$ | 17.82 billion current US$ | 10 |
| 1990s | 14.81 billion current US$ | 14.75 billion current US$ | 14.88 billion current US$ | 2 |
| 2000s | 74.82 billion current US$ | 54.30 billion current US$ | 102.13 billion current US$ | 5 |
| 2010s | 89.80 billion current US$ | 71.88 billion current US$ | 110.67 billion current US$ | 10 |
| 2020s | 86.58 billion current US$ | 54.96 billion current US$ | 106.17 billion current US$ | 5 |
Countries ranked near Algeria
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$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Algeria?
- Gross savings in Algeria was 106.17 billion current US$ 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 110.67 billion current US$ in 2012.
- What is the lowest gross savings recorded in Algeria?
- The lowest recorded value was 6.61 billion current US$ in 1977.
- How does Algeria rank for gross savings?
- Algeria ranks 37th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Algeria?
- Over the last ten years it is down 0.6%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
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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 indicator is expressed in United States dollars.