Annual growth of the gross capital formation in Algeria
Algeria: Annual growth of the gross capital formation was 12.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Algeria, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Algeria stood at 12.1%.
The figure is down 2.9% on the previous year and up 47.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Algeria peaked at 44.2% in 2001 and was at its lowest, -10.3%, in 2020.
Algeria ranks 25th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Algeria, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.1% | — |
| 2001 | 44.2% | +768.2% |
| 2002 | 15.2% | -65.5% |
| 2003 | 8.6% | -43.3% |
| 2004 | 10.7% | +24.3% |
| 2005 | 8.1% | -24.4% |
| 2006 | 4.5% | -44.0% |
| 2007 | 10.4% | +127.7% |
| 2008 | 12.0% | +15.9% |
| 2009 | 14.3% | +19.2% |
| 2010 | 7.7% | -46.2% |
| 2011 | -0.6% | -107.3% |
| 2012 | 10.6% | -1983.9% |
| 2013 | 10.7% | +1.2% |
| 2014 | 8.2% | -23.6% |
| 2015 | 6.2% | -24.4% |
| 2016 | 0.1% | -98.2% |
| 2017 | -2.2% | -2127.3% |
| 2018 | -1.4% | -37.7% |
| 2019 | -2.7% | +92.8% |
| 2020 | -10.3% | +285.4% |
| 2021 | -0.2% | -97.8% |
| 2022 | 3.9% | -1778.3% |
| 2023 | 12.4% | +221.8% |
| 2024 | 12.1% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.3% | 4.5% | 44.2% | 10 |
| 2010s | 3.7% | -2.7% | 10.7% | 10 |
| 2020s | 3.6% | -10.3% | 12.4% | 5 |
Countries ranked near Algeria
More economy & growth data for Algeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9727 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 17.32 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2089 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,264 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -112.16 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -112 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.77 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 19.1 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 115,566 current LCU per person (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Algeria?
- Annual growth of the gross capital formation in Algeria was 12.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Algeria?
- The highest recorded value was 44.2% in 2001.
- What is the lowest annual growth of the gross capital formation recorded in Algeria?
- The lowest recorded value was -10.3% in 2020.
- How does Algeria rank for annual growth of the gross capital formation?
- Algeria ranks 25th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Algeria?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).