Adjusted savings: gross savings (% of GNI) - Country Ranking - Africa

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Libya 66.80 2008
2 Sudan 58.13 2019
3 Gabon 41.85 2015
4 Zambia 40.43 2019
5 Algeria 39.83 2019
6 Cabo Verde 35.76 2019
7 Mauritania 33.90 2019
8 Ethiopia 33.31 2018
9 Botswana 32.10 2019
10 Tanzania 31.32 2017
11 Morocco 28.40 2019
12 Ghana 25.55 2019
13 Angola 25.50 2019
14 Djibouti 24.80 2018
15 Congo 24.40 2016
16 Senegal 24.03 2018
17 Nigeria 24.02 2019
18 Uganda 22.83 2019
19 Niger 22.75 2019
20 Dem. Rep. Congo 21.97 2019
21 Benin 21.94 2019
22 Lesotho 21.83 2019
23 Togo 21.59 2018
24 Mozambique 18.15 2019
25 Eswatini 18.05 2019
26 Madagascar 17.91 2019
27 Cameroon 17.90 2019
28 Burkina Faso 16.91 2019
29 Mauritius 16.44 2019
30 Côte d'Ivoire 16.29 2018
31 Mali 16.03 2018
32 The Gambia 16.00 2018
33 Eritrea 15.81 2000
34 Rwanda 15.60 2019
35 Central African Republic 15.47 1994
36 South Africa 15.38 2019
37 Egypt 15.16 2019
38 Comoros 14.01 2019
39 Chad 13.50 1994
40 Seychelles 12.86 2019
41 Malawi 11.20 2019
42 Tunisia 8.85 2019
43 Namibia 8.84 2019
44 Guinea-Bissau 8.83 2018
45 Kenya 8.13 2019
46 Burundi 4.35 2018
47 Guinea 4.33 2019
48 Zimbabwe -2.42 2017
49 Sierra Leone -4.28 2019
50 Liberia -44.20 2019

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Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual