The computational complexity study of algorithms is highly germane to the design and development of high-speed computing devices. The whole essence of computation is principally influenced by efficiency of algorithms; this is more so the case with the algorithms whose solution space explodes exponentially. Cryptographic algorithms are good examples of such algorithms. The goal of this study is to compare the computational speeds of RSA and ElGamal cryptographic algorithms by carrying out a survey of works done so far by researchers. This study has therefore examined some of the results of the studies already done and highlighted which of the RSA and ElGamal algorithms performed better under given parameters. It is expected that this study would spur further investigation of the behaviour of cryptographic structures in order to ascertain their complexity and impact on the field of theoretical computer science. The experimental results of many of the papers reviewed showed that RSA cryptographic algorithm performs better as regards to energy usage, time complexity and space complexity of text, image and audio data during encryption process while some studies showed that ElGamal performs better in terms of time complexity during decryption process.