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Algeria

Upper middle income · Population 46,814,308.00 · GDP 269,322,281,664.77
HistorySaid – pattern

Algeria matched the Export Boom Cycle pattern in 2023. 16 pattern matches detected historically. View →

HistorySaid – ranking

Algeria ranks 140th globally by GDP ($269.3B in 2024). View →

HistorySaid – inflation

Inflation in Algeria fell from 9.3% (2023) to 4.0% (2024) – a 5.3pp shift. View →

HistorySaid – population

Algeria has a population of 46.8 million as of 2024 (growth: 1.41%). View →

Economy & Growth
GDP $269.3B GDP per Capita $5,753 GDP Growth 3.70%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Agriculture Value Added 10.65% 13.37% 13.96% 13.72% Trend 14.16% Trend 14.60% Trend
GDP $225.6B $247.9B $269.3B $288.0B IMF WEO Oct 2025 $285.0B IMF WEO Oct 2025 $291.1B IMF WEO Oct 2025 $297.2B IMF WEO Oct 2025 $303.9B IMF WEO Oct 2025 $309.0B IMF WEO Oct 2025
GDP Deflator 22.92% 1.00% 3.37% 8.08% Trend 8.20% Trend 8.32% Trend
GDP Growth 3.60% 4.10% 3.70% 3.36% IMF WEO Oct 2025 2.86% IMF WEO Oct 2025 2.75% IMF WEO Oct 2025 2.74% IMF WEO Oct 2025 2.50% IMF WEO Oct 2025 2.48% IMF WEO Oct 2025
GDP PPP $720.2B $776.7B $824.9B $874.6B IMF WEO Oct 2025 $915.8B IMF WEO Oct 2025 $956.8B IMF WEO Oct 2025 $998.9B IMF WEO Oct 2025 $1.04T IMF WEO Oct 2025 $1.09T IMF WEO Oct 2025
GDP per Capita $4,960 $5,370 $5,753 $6,095 IMF WEO Oct 2025 $5,956 IMF WEO Oct 2025 $6,011 IMF WEO Oct 2025 $6,066 IMF WEO Oct 2025 $6,127 IMF WEO Oct 2025 $6,096 IMF WEO Oct 2025
GDP per Capita PPP $15,836 $16,824 $17,621 $18,509 IMF WEO Oct 2025 $19,139 IMF WEO Oct 2025 $19,757 IMF WEO Oct 2025 $20,384 IMF WEO Oct 2025 $21,006 IMF WEO Oct 2025 $21,459 IMF WEO Oct 2025
GNI $220.3B $244.3B $264.2B $294.5B Trend $321.1B Trend $347.7B Trend
GNI per Capita $4,430 $4,950 $5,370 $5,637 Trend $5,990 Trend $6,343 Trend
Gross Savings 44.06% 40.77% 39.42% 35.45% IMF WEO Oct 2025 35.05% IMF WEO Oct 2025 34.42% IMF WEO Oct 2025 33.62% IMF WEO Oct 2025 33.11% IMF WEO Oct 2025 32.92% IMF WEO Oct 2025
Industry Value Added 43.05% 37.55% 36.20% 40.70% Trend 42.06% Trend 43.41% Trend
Services Value Added 42.75% 45.55% 46.79% 42.79% Trend 41.29% Trend 39.80% Trend
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 4.05% Consumer Price Index 206.58 PPP Conversion Factor 43.77
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Consumer Price Index 181.62 198.55 206.58 222.24 Trend 235.78 Trend 249.33 Trend
Inflation Rate 9.27% 9.32% 4.05% 3.48% IMF WEO Oct 2025 3.91% IMF WEO Oct 2025 3.75% IMF WEO Oct 2025 3.43% IMF WEO Oct 2025 3.25% IMF WEO Oct 2025 3.30% IMF WEO Oct 2025
PPP Conversion Factor 44.48 43.36 43.77 46.74 Trend 48.46 Trend 50.19 Trend
Italic values are IMF World Economic Outlook projections.
Population
Population 46.8M Population Growth 1.40% Population Density 19.4
Indicator 2023 2024 2025 2025 2026 2027 2028
Birth Rate 19.6 17.7 Trend 16.7 Trend
Death Rate 4.6 4.4 Trend 4.2 Trend
Dependency Ratio 58.77 58.51 58.87 Trend 58.98 Trend 59.09 Trend
Fertility Rate 2.77 2.64 Trend 2.59 Trend
Life Expectancy 76.3 76.9 Trend 77.3 Trend
Net Migration -25,963 -31,240 -27,531 -37,048 Trend -42,049 Trend -47,050 Trend
Population 46.2M 46.8M 47.5M Trend 48.2M Trend 48.9M Trend
Population Density 19.4 20.0 Trend 20.3 Trend
Population Growth 1.50% 1.40% 1.34% Trend 1.26% Trend 1.19% Trend
Refugee Population
Urban Population 74.73% 75.28% 75.84% Trend 76.40% Trend 76.95% Trend
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 11.63% Youth Unemployment 29.44% Labor Force Participation 40.78%
Indicator 2023 2024 2025 2026 2027 2028
Agriculture Employment 9.85% 9.66% 9.48% 9.26% Trend 9.05% Trend 8.84% Trend
Female Labor Participation 14.34% 14.31% 14.14% 14.53% Trend 14.67% Trend 14.81% Trend
Industry Employment 31.96% 32.12% 32.26% 32.49% Trend 32.67% Trend 32.86% Trend
Labor Force Participation 41.51% 41.16% 40.78% 41.96% Trend 42.37% Trend 42.78% Trend
Services Employment 58.19% 58.21% 58.25% 58.26% Trend 58.28% Trend 58.30% Trend
Unemployment Rate 11.65% 11.66% 11.63%
Youth Unemployment 30.00% 29.88% 29.44% 27.83% Trend 26.80% Trend 25.78% Trend
Italic values are IMF World Economic Outlook projections.
Government
Military Spending 7.97%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Budget Deficit -2.96% -5.52% -13.79% -11.54% IMF WEO Oct 2025 -12.18% IMF WEO Oct 2025 -10.82% IMF WEO Oct 2025 -10.45% IMF WEO Oct 2025 -9.20% IMF WEO Oct 2025 -9.22% IMF WEO Oct 2025
Education Spending
Government Debt to GDP 48.08% 47.66% 48.07% 54.05% IMF WEO Oct 2025 62.22% IMF WEO Oct 2025 68.25% IMF WEO Oct 2025 73.57% IMF WEO Oct 2025 77.25% IMF WEO Oct 2025 81.11% IMF WEO Oct 2025
Government Revenue 29.73% 31.88% 23.00% 24.08% IMF WEO Oct 2025 22.23% IMF WEO Oct 2025 22.30% IMF WEO Oct 2025 21.89% IMF WEO Oct 2025 22.40% IMF WEO Oct 2025 22.31% IMF WEO Oct 2025
Government Spending
Health Spending 3.63% 4.35% 3.16% Trend 2.74% Trend
Military Spending 4.06% 7.39% 7.97% 8.04% Trend 8.71% Trend 9.37% Trend
Tax Revenue
Italic values are IMF World Economic Outlook projections.
Debt
External Debt $6.9B External Debt to GNI 2.67% Short-term Debt 25.46%
Indicator 2022 2023 2024 2025 2026 2027
Debt Service 0.43% 0.76% 0.80% 0.78% Trend 0.84% Trend 0.89% Trend
Domestic Credit
External Debt $7.1B $7.3B $6.9B $7.8B Trend $8.1B Trend $8.5B Trend
External Debt to GNI 3.24% 3.00% 2.67% 2.60% Trend 2.39% Trend 2.18% Trend
Interest Payments to Revenue
Short-term Debt 24.47% 26.15% 25.46% 22.39% Trend 21.04% Trend 19.70% Trend
Italic values are IMF World Economic Outlook projections.
Money
Lending Rate 8.00% Deposit Rate 1.75% Real Interest Rate 4.47%
Indicator 2022 2023 2024 2025 2026 2027
Credit to GDP 18.24% 18.85% 19.03% 15.59% Trend 13.79% Trend 11.99% Trend
Deposit Rate 1.75% 1.75% 1.75% 1.75% Trend 1.75% Trend 1.75% Trend
Lending Rate 8.00% 8.00% 8.00% 8.00% Trend 8.00% Trend 8.00% Trend
M2 Money Supply Growth 14.33% 5.99% 9.03% 8.79% Trend 8.39% Trend 7.99% Trend
Non-Performing Loans 20.26% 26.75% Trend
Real Interest Rate -12.14% 6.93% 4.47% -0.04% Trend -0.43% Trend -0.83% Trend
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 134.05 Real Effective Exchange Rate 111.36 Foreign Reserves $83.0B
Indicator 2024 2025 2026 2025 2026 2027 2028 2029
Exchange Rate 134.05 139.35 Trend 140.88 Trend 142.41 Trend
Foreign Reserves $83.0B $92.0B Trend $99.2B Trend $106.4B Trend
Real Effective Exchange Rate 106.12 113.47 111.36 119.89 Trend 124.81 Trend 129.73 Trend
Reserves in Months of Imports 16.5 17.5 Trend 18.0 Trend 18.5 Trend
Italic values are IMF World Economic Outlook projections.
Trade
Exports $53.1B Imports $54.5B Trade Balance $-1.2B
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Current Account Balance 8.62% 2.62% -1.02% -3.68% IMF WEO Oct 2025 -3.83% IMF WEO Oct 2025 -3.53% IMF WEO Oct 2025 -3.46% IMF WEO Oct 2025 -3.00% IMF WEO Oct 2025 -2.73% IMF WEO Oct 2025
Exports $69.2B $59.4B $53.1B $71.9B Trend $79.2B Trend $86.6B Trend
FDI Inflows 0.11% 0.49% 0.46% 0.31% Trend 0.26% Trend 0.22% Trend
FDI Outflows 0.04% 0.07% 0.00% 0.04% Trend 0.05% Trend 0.06% Trend
Imports $46.6B $51.1B $54.5B $57.1B Trend $60.2B Trend $63.3B Trend
Remittances Received $1.7B $1.9B $1.8B $1.9B Trend $1.9B Trend $1.9B Trend
Tourism Receipts
Trade Balance $23.4B $9.5B $-1.2B $14.7B Trend $18.4B Trend $22.2B Trend
Trade Openness 51.19% 43.74% 40.13% 43.38% Trend 43.02% Trend 42.65% Trend
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 0.19%
Indicator 2022 2023 2024 2025 2026 2027
Interest Rate Spread 6.25% 6.25% 6.25% 6.25% Trend 6.25% Trend 6.25% Trend
Listed Companies
Market Capitalization
Stock Turnover Ratio
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability -0.58 Government Effectiveness -0.67 Regulatory Quality -0.95
Indicator 2021 2022 2023 2025 2026
Control of Corruption -0.64 -0.64 -0.59 -0.57 Trend -0.56 Trend
Government Effectiveness -0.65 -0.51 -0.67 -0.65 Trend -0.67 Trend
Political Stability -0.99 -0.65 -0.58 -0.36 Trend -0.25 Trend
Regulatory Quality -1.18 -1.06 -0.95 -0.72 Trend -0.60 Trend
Rule of Law -0.83 -0.83 -0.68 -0.67 Trend -0.64 Trend
Voice and Accountability -1.01 -1.01 -0.98 -0.94 Trend -0.92 Trend
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $233 Infant Mortality Rate 19.7 Maternal Mortality Ratio 62.00
Indicator 2021 2022 2023 2025 2026
Health Expenditure per Capita $209 $180 $233 $196 Trend $191 Trend
Hospital Beds
Infant Mortality Rate 20.2 20.0 19.7 19.2 Trend 19.0 Trend
Maternal Mortality Ratio 79.00 64.00 62.00 53.00 Trend 47.50 Trend
Physicians 1.66 1.64 Trend
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 75.14% Tertiary Enrollment 54.43% Education Spending 5.61%
Indicator 2023 2024 2025 2025 2026 2027 2028
Education Spending 5.61% 4.98% Trend 4.84% Trend
Literacy Rate
Primary Enrollment 105.84% 106.37% 105.48% 106.27% Trend 106.48% Trend 106.69% Trend
Tertiary Enrollment 55.53% 54.43% 55.21% Trend 55.56% Trend 55.90% Trend
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 0.10%
Indicator 2021 2022 2023 2025 2026
CO2 Emissions
CO2 per Capita
Electricity Access 99.80% 100.00% 100.00% 100.32% Trend 100.45% Trend
Energy Use per Capita 1,451 1,500 1,503 1,541 Trend 1,561 Trend
Forest Area 0.82% 0.83% 0.83% 0.84% Trend 0.84% Trend
Renewable Energy 0.10%
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 76.91% Mobile Subscriptions 111.61 R&D Spending 0.48%
Indicator 2021 2022 2023 2025 2026
High-tech Exports
Internet Users 72.21% 74.83% 76.91% 90.08% Trend 95.44% Trend
Mobile Subscriptions 105.04 107.79 111.61 113.65 Trend 115.42 Trend
Patent Applications 268
R&D Spending
Italic values are IMF World Economic Outlook projections.
Inequality
Gini Index 27.6 Poverty Rate 0.00% Income Share Top 10% 22.90%
Indicator 1988 1995 2011
Gini Index 37.4 35.3 27.6
Income Share Bottom 10% 2.80% 2.90% 4.00%
Income Share Top 10% 29.60% 26.90% 22.90%
Poverty Rate 12.30% 11.80% 0.00%
Italic values are IMF World Economic Outlook projections.