Algeria - Gross savings (current US$)

The latest value for Gross savings (current US$) in Algeria was $45,272,570,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $99,886,330,000 in 2012 and $6,610,400,000 in 1977.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1977 $6,610,400,000
1978 $8,958,875,000
1979 $12,187,740,000
1980 $16,673,790,000
1981 $16,358,730,000
1982 $16,065,280,000
1983 $17,824,710,000
1984 $16,441,190,000
1985 $17,033,100,000
1986 $13,872,150,000
1987 $14,248,300,000
1988 $10,030,950,000
1989 $9,731,491,000
1990 $14,877,810,000
1991 $14,747,550,000
2005 $53,515,370,000
2006 $63,863,790,000
2007 $76,858,470,000
2008 $98,177,980,000
2009 $64,771,290,000
2010 $80,328,220,000
2011 $97,060,480,000
2012 $99,886,330,000
2013 $95,557,030,000
2014 $92,578,190,000
2015 $60,562,390,000
2016 $59,826,090,000
2017 $65,871,890,000
2018 $70,324,600,000
2019 $67,115,640,000
2020 $45,272,570,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts