Current account balance in Algeria
Algeria: Current account balance was -2.75 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Algeria, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Algeria recorded -2.75 billion BoP, current US$ for current account balance in 2024.
That represents a change of down 142.4% on the previous year and up 70.3% over ten years.
Over the whole period, current account balance in Algeria peaked at 33.95 billion BoP, current US$ in 2008 and was at its lowest, -27.04 billion BoP, current US$, in 2015.
Algeria ranks 159th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.50 billion BoP, current US$ | -3.54 billion BoP, current US$ | -1.63 billion BoP, current US$ | 3 |
| 1980s | -404.95 million BoP, current US$ | -2.23 billion BoP, current US$ | 1.01 billion BoP, current US$ | 10 |
| 1990s | 1.89 billion BoP, current US$ | 1.42 billion BoP, current US$ | 2.37 billion BoP, current US$ | 2 |
| 2000s | 22.97 billion BoP, current US$ | 431.67 million BoP, current US$ | 33.95 billion BoP, current US$ | 5 |
| 2010s | -7.53 billion BoP, current US$ | -27.04 billion BoP, current US$ | 17.67 billion BoP, current US$ | 10 |
| 2020s | 98.91 million BoP, current US$ | -18.19 billion BoP, current US$ | 19.45 billion BoP, current US$ | 5 |
Countries ranked near Algeria
- 156 Mozambique -2.49 billion BoP, current US$ compare
- 157 Cyprus -2.59 billion BoP, current US$ compare
- 158 Palestine -2.72 billion BoP, current US$ compare
- 160 Jordan -3.13 billion BoP, current US$ compare
- 161 Afghanistan -3.14 billion BoP, current US$ compare
- 162 Ethiopia -3.79 billion BoP, current US$ compare
More economy & growth data for Algeria
- External balance on goods and services as a percent of GDP -5.3% (2025)
- Inflation of consumer prices 1.4% (2025)
- GDP per capita 4,883 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.5% (2024)
- Gross domestic product (GDP) 231.62 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,883 constant 2015 US$ (2025)
- DEC alternative conversion factor 131.61 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 342.08 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 2.55 billion current US$ (2024)
- Taxes less subsidies on products 1.89 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Algeria?
- Current account balance in Algeria was -2.75 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Algeria?
- The highest recorded value was 33.95 billion BoP, current US$ in 2008.
- What is the lowest current account balance recorded in Algeria?
- The lowest recorded value was -27.04 billion BoP, current US$ in 2015.
- How does Algeria rank for current account balance?
- Algeria ranks 159th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Algeria?
- Over the last ten years it is up 70.3%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.