Algeria Annual Inflation Rate
Algeria's annual inflation rate fell to 4.05% in 2024, down from 9.32% in 2023, according to World Bank. This represents a decrease of 5.27% from the previous year. Algeria has annual inflation rate higher than the global median (4.05% vs median 3.16%). Compared with the median in Africa, Algeria is lower (4.05% vs regional median 4.30%) and ranks 29th out of 50 countries in Africa.
Yearly Historical Data (1970-2024)
(in %)Algeria Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Algeria.