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Algeria GDP Growth Rate (QoQ)

Algeria's Quarter-over-Quarter GDP growth rate hit 18.6% in Q1 2025. This is the highest rate recorded since Q1 2021. It shows a strong recovery from the -7.8% Quarter-over-Quarter rate in Q4 2024. The drivers for this trend are not specified. Algeria's record low Quarter-over-Quarter GDP growth was -27.6% in Q2 2020 and record high was 34.8% in Q1 2021.

Quarterly Historical Data (2015-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q1 2025 18.6%
Q4 2024 -7.8%
Q3 2024 4.2%
Q2 2024 -5.2%
Q1 2024 15.3%
Q4 2023 -7.5%
Q3 2023 5.3%
Q2 2023 -3.1%
Q1 2023 7.2%
Q4 2022 -3.7%
Q3 2022 2.3%
Q2 2022 5.7%
Q1 2022 16.5%
Q4 2021 9.5%
Q3 2021 3.1%
Q2 2021 -13.4%
Q1 2021 34.8%
Q4 2020 2%
Q3 2020 5.7%
Q2 2020 -27.6%
Q1 2020 22.8%
Q4 2019 -7.6%
Q3 2019 -0.2%
Q2 2019 -14.7%
Q1 2019 13.7%
Q4 2018 2.8%
Q3 2018 1.2%
Q2 2018 -0.3%
Q1 2018 0.8%
Q4 2017 8.5%
Q3 2017 0.1%
Q2 2017 -2.3%
Q1 2017 -1.1%
Q4 2016 9.2%
Q3 2016 -0.1%
Q2 2016 2.5%
Q1 2016 -3.2%
Q4 2015 6.1%
Q3 2015 -1.4%
Q2 2015 0.3%
Algeria GDP Growth Rate (QoQ) : Definition
Algeria's quarter-over-quarter GDP growth rate measures the percentage change in the nation's total economic output between consecutive quarters. It is calculated by comparing the current quarter's Gross Domestic Product value to the previous quarter's value using the formula [(Current GDP - Previous GDP) / Previous GDP] x 100.
Indicator Last Value Prior Value Period
GDP $263.62B $247.63B 2024
GDP Annual Growth Rate 3.3% 4.1% 2024
GDP Growth Rate (YoY) 4.5% 4.2% Mar'25
GDP per Capita $4,747.35 $4,660.41 2024
GDP per Capita PPP $15,442.12 $15,159.32 2024
R&D Expenditure (% GDP) 0.48% 0.06% 2017
Real GDP $222.24B $215.14B 2024