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Algeria Economic Indicators

Latest economic indicators and statistics for Algeria.

Indicator Current Value Previous Value Frequency Period
GDP $263.62B $247.63B Yearly 2024
GDP Annual Growth Rate 3.3% 4.1% Yearly 2024
GDP Growth Rate (QoQ) 18.6% -7.8% Quarterly Q1 2025
GDP Growth Rate (YoY) 4.5% 4.2% Quarterly Q1 2025
GDP per Capita $4,747.35 $4,660.41 Yearly 2024
GDP per Capita PPP $15,442.12 $15,159.32 Yearly 2024
R&D Expenditure (% GDP) 0.48% 0.06% Yearly 2017
Real GDP $222.24B $215.14B Yearly 2024
Annual Inflation Rate 4.05% 9.32% Yearly 2024
Inflation Rate -1.4% -0.3% Monthly Aug'25
Inflation Rate MoM 0.1% 0.2% Monthly Aug'25
Producer Price Index (PPI) -0.8% 0.5% Quarterly Q1 2025
Annual Unemployment Rate 11.43% 11.7% Yearly 2024
Female Labor Force Rate 13.99% 14.13% Yearly 2024
Annual Exports $35.19B $29.99B Yearly 2017
Annual Imports $46.05B $47.09B Yearly 2017
Balance of Trade -$8M $277M Quarterly Q4 2024
Exports $12.5B $11.7B Quarterly Q4 2024
Exports (% GDP) 23.62% 30.81% Yearly 2023
FDI Inflows (% GDP) 0.49% 0.41% Yearly 2023
Imports $12.5B $11.4B Quarterly Q4 2024
Imports (% GDP) 20.06% 20.39% Yearly 2023
Net Trade (Goods & Services, BoP) $8.29B $22.61B Yearly 2023
Tariff Rate 11.2% 12.83% Yearly 2022
Trade (% GDP) 43.68% 51.2% Yearly 2023
Current Account to GDP Ratio 1.3% 2.5% Yearly Dec'24
Debt to GDP Ratio 46.2% 47.7% Yearly Dec'24
Discount Rate 2.75% 3% Daily Aug 28, 2025
Private Credit (% GDP) 19.45% 18.87% Yearly 2024
Adult Literacy Rate 81.4% 75% Yearly 2018
Happiness Index 5.57 points 5.36 points Yearly 2024
Homicide Rate 1.57 1.51 Yearly 2021
Population 46.81M 46.16M Yearly 2024
Primary Enrollment Rate 108.76% 108.34% Yearly 2023
Agricultural Land (%) 17.34% 17.33% Yearly 2022
Annual CO2 Emissions 178.13M tonnes 184.56M tonnes Yearly 2023
Forest Area (%) 0.83% 0.82% Yearly 2022
Corruption Control -0.59 points -0.64 points Yearly 2023
Political stability index -0.58 points -0.65 points Yearly 2023
Infant Mortality Rate 19.7 20 Yearly 2023
Life Expectancy 76.26 76.13 Yearly 2023
Physicians per 1,000 people 0.99 1.73 Yearly 2019
Electricity Access 100% 100% Yearly 2023
Internet Users 76.9% 74.8% Yearly 2023
Travel Earnings $50M $140M Yearly 2020
Visitor Arrivals 591,000 2.37M Yearly 2020