A Decades-Old Regime Nears Economic Breaking Point
The Arab Spring continues in Algeria.
Algeria GDP and Economic Data
Country Report 2017 - Includes Algeria real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Algeria economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Algeria best banks and safest banks are also available.
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International Reserves
USD 87.4 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product - GDP
USD 180.4 billion (2018, estimate)
GDP (Purchasing Power Parity)
Intl$ 657.5 billion (2018, estimate)
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 3.4% | 2.4% | 1.6% | 3.6% | 2.8% | 3.4% | 2.8% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| 3.8% | 3.7% | 3.2% | 1.4% | 2.1% |
*Estimate
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| 0.67% | 0.65% | 0.52% | 0.52% | 0.48% |
*Estimate
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GDP - composition by sector
- agriculture: 12.3%
- industry: 37.2%
- services: 45.6%
(2017 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 4.8% | 6.4% | 5.6% | 4.3% | 2% |
*Estimate
Unemployment rate
| 2015 | 2016 | 2017* | 2018* | 2019* |
| 11.2% | 10.5% | 11.7% | 11.7% | 12.5% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 8.7% | 20.5% | 27.3% | 38.3% | 46.1% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -15.3% | -13.1% | -6.6% | -4.8% | -8.1% |
*Estimate
Government bond ratings
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| USD 0.41 billion | USD 0.35 billion | USD 0.37 billion |
Source
Current account balance by percentage of GDP
-13.7% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
30.5% (2014)
Shares in world total merchandising export
0.2% (2015)
Shares in world total commercial services export
0.08% (2015)
Export commodities
Petroleum, natural gas, and petroleum products 97% (2009 est.)
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Import commodities
Capital goods, foodstuffs, consumer goods
Exports - major partners
Spain 18.8%, France 11.2%, US 8.8%, Italy 8.7%, UK 7.1%, Brazil 5.2%, Tunisia 4.9%, Germany 4.5% (2015)
Imports - major partners
China 15.6%, France 14.4%, Italy 9.4%, Spain 7.4%, Germany 5.6%, Russia 4.1% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 1,693 million | USD 1,507 million | USD -587 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD -268 million | USD -18 million | USD 103 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| N/A | USD 312.2 million | USD 37.8 million | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
(for a monthly update on M&A; click here )
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
(for a monthly update on M&A; click here )
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 156 out of 190 countries (2017)
Subcategories:
Starting a business: 142 out of 190 countries
Enforcing Contracts: 102 out of 190 countries
Registering Property: 162 out of 190 countries
Getting credit: 175 out of 190 countries
Protecting investors: 173 out of 190 countries
Trading across border: 178 out of 190 countries
Paying Taxes: 155 out of 190 countries
Dealing with Construction Permits: 77 out of 190 countries
Getting Electricity: 118 out of 190 countries
Resolving Insolvency: 74 out of 190 countries
Source
Global competitiveness ranking
87 out of 138 countries
(2016-2017)
Index of Economic Freedom
Ranking: 154 / Score: 50.06 (Mostly unfree) (2016)
(100=totally free 0=totally repressed)
Source
Source
Languages
Arabic (official), French (lingua franca), Berber or Tamazight (official); dialects include Kabyle Berber (Taqbaylit), Shawiya Berber (Tacawit), Mzab Berber, Tuareg Berber (Tamahaq)
Religions
Muslim (official; predominantly Sunni) 99%, other (includes Christian and Jewish) <1% (2012 est.)
Total population
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 25.022 million | 30.506 million | 35.978 million | 40.762 million | 44.609 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 31% | 44% | 60% | 71% |
Literacy
Total population: 80.2%
Male: 87.2%
Female: 73.1% (2015 est.)
(age 15 and over can read and write)
Freedom House rating
Political Rights: 6
Civil Liberties: 5 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 8.04% Mobile 106.38% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)