Algeria Poverty Rate

Algeria’s poverty rate fell dramatically from an all‑time peak of 12.30 % in 1988 to a reported 0.00 % in 2011, placing the country at the fifth‑lowest level globally in that year. The World Bank’s three‑year coverage indicates that the decline was sustained across the period leading up to 2011, suggesting that macro‑economic reforms, expansion of social safety nets and rising hydrocarbon revenues may have contributed to the eradication of measured poverty. The 0.00 % figure aligns Algeria with peers such as Denmark, France, Germany and Slovenia, all of which also reported zero poverty rates for the same reference year, highlighting a convergence among nations with diversified economies and robust welfare systems. While the statistical trough underscores a notable achievement, future trajectories will depend on the resilience of fiscal buffers, diversification away from oil‑dependent growth and the capacity of data collection to capture residual vulnerability, factors that could alter the downward trend if conditions shift.