Gross savings in Congo
Congo: Gross savings was 31.7% in 2021. ◆ Volatile
Gross savings in Congo, 1978–2021
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2021, gross savings in Congo stood at 31.7%.
That represents a change of down 12.8% on the previous year and down 36.8% over ten years.
Over the whole period, gross savings in Congo peaked at 57.9% in 2013 and was at its lowest, -2.3%, in 1995.
That places Congo 35th out of 177 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 8.1% | — |
| 1979 | 17.9% | +120.3% |
| 1980 | 26.1% | +45.8% |
| 1981 | 25.0% | -4.1% |
| 1982 | 39.3% | +56.7% |
| 1983 | 36.1% | -7.9% |
| 1984 | 40.5% | +12.0% |
| 1985 | 24.9% | -38.6% |
| 1986 | 18.3% | -26.2% |
| 1987 | 25.0% | +36.2% |
| 1988 | 5.4% | -78.6% |
| 1989 | 14.6% | +172.8% |
| 1990 | 31.8% | +117.7% |
| 1991 | 17.6% | -44.7% |
| 1992 | 32.3% | +83.9% |
| 1993 | 21.2% | -34.4% |
| 1994 | 28.8% | +35.8% |
| 1995 | -2.3% | -108.0% |
| 1996 | -0.2% | -90.9% |
| 1997 | 9.3% | -4532.4% |
| 1998 | 6.0% | -35.0% |
| 1999 | 17.7% | +193.5% |
| 2000 | 36.2% | +104.6% |
| 2001 | 22.0% | -39.1% |
| 2002 | 23.5% | +6.9% |
| 2003 | 30.7% | +30.5% |
| 2004 | 17.0% | -44.6% |
| 2005 | 32.7% | +91.8% |
| 2006 | 42.0% | +28.5% |
| 2007 | 33.3% | -20.6% |
| 2008 | 43.5% | +30.4% |
| 2009 | 40.2% | -7.6% |
| 2010 | 54.0% | +34.5% |
| 2011 | 50.1% | -7.3% |
| 2012 | 57.5% | +14.8% |
| 2013 | 57.9% | +0.6% |
| 2014 | 56.6% | -2.1% |
| 2015 | 39.5% | -30.2% |
| 2016 | 24.9% | -37.1% |
| 2019 | 37.6% | +51.1% |
| 2020 | 36.3% | -3.4% |
| 2021 | 31.7% | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.0% | 8.1% | 17.9% | 2 |
| 1980s | 25.5% | 5.4% | 40.5% | 10 |
| 1990s | 16.2% | -2.3% | 32.3% | 10 |
| 2000s | 32.1% | 17.0% | 43.5% | 10 |
| 2010s | 47.3% | 24.9% | 57.9% | 8 |
| 2020s | 34.0% | 31.7% | 36.3% | 2 |
Countries ranked near Congo
More economy & growth data for Congo
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.79 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.01 Percent per annum (2029)
- Services, value added (constant LCU), per capita 284,646 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -3.42 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.75 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.946 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,379 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -0.4245 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 550.5 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.38 million current LCU per person (2025)
Frequently asked questions
- What is gross savings in Congo?
- Gross savings in Congo was 31.7% in 2021, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Congo?
- The highest recorded value was 57.9% in 2013.
- What is the lowest gross savings recorded in Congo?
- The lowest recorded value was -2.3% in 1995.
- How does Congo rank for gross savings?
- Congo ranks 35th out of 177 countries with data for 2021.
- Is gross savings rising or falling in Congo?
- Over the last ten years it is down 36.8%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.