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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 %)
Year Annual Inflation Rate (%)
2024 4.05%
2023 9.32%
2022 9.27%
2021 7.23%
2020 2.42%
2019 1.95%
2018 4.27%
2017 5.59%
2016 6.4%
2015 4.78%
2014 2.92%
2013 3.25%
2012 8.89%
2011 4.52%
2010 3.91%
2009 5.74%
2008 4.86%
2007 3.68%
2006 2.31%
2005 1.38%
2004 3.96%
2003 4.27%
2002 1.42%
2001 4.23%
2000 0.34%
1999 2.65%
1998 4.95%
1997 5.73%
1996 18.68%
1995 29.78%
1994 29.05%
1993 20.54%
1992 31.67%
1991 25.89%
1990 16.65%
1989 9.3%
1988 5.91%
1987 7.44%
1986 12.37%
1985 10.48%
1984 8.12%
1983 5.97%
1982 6.54%
1981 14.65%
1980 9.52%
1979 11.35%
1978 17.52%
1977 11.99%
1976 9.43%
1975 8.23%
1974 4.7%
1973 6.17%
1972 3.66%
1971 2.63%
1970 6.6%
Algeria Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Algeria.