External debt stocks in Algeria
Algeria: External debt stocks was 2.7% in 2024. ◆ Volatile
External debt stocks in Algeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Algeria stood at 2.7%.
That represents a change of down 11.0% on the previous year and up 13.3% over ten years.
Over the whole period, external debt stocks in Algeria peaked at 83.5% in 1995 and was at its lowest, 2.3%, in 2013.
That places Algeria 120th out of 121 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks in Algeria, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 19.8% | — |
| 1971 | 25.0% | +26.3% |
| 1972 | 23.0% | -8.2% |
| 1973 | 34.7% | +50.8% |
| 1974 | 25.6% | -26.1% |
| 1975 | 30.1% | +17.6% |
| 1976 | 35.1% | +16.6% |
| 1977 | 53.5% | +52.5% |
| 1978 | 62.7% | +17.1% |
| 1979 | 58.7% | -6.4% |
| 1980 | 47.8% | -18.5% |
| 1981 | 43.4% | -9.3% |
| 1982 | 40.8% | -5.9% |
| 1983 | 34.8% | -14.7% |
| 1984 | 30.5% | -12.3% |
| 1985 | 32.4% | +6.0% |
| 1986 | 36.5% | +12.8% |
| 1987 | 37.7% | +3.2% |
| 1988 | 46.1% | +22.3% |
| 1989 | 50.8% | +10.2% |
| 1990 | 47.1% | -7.4% |
| 1991 | 66.0% | +40.1% |
| 1992 | 59.7% | -9.6% |
| 1993 | 54.5% | -8.6% |
| 1994 | 74.1% | +35.9% |
| 1995 | 83.5% | +12.7% |
| 1996 | 75.8% | -9.2% |
| 1997 | 67.2% | -11.3% |
| 1998 | 66.4% | -1.2% |
| 1999 | 60.8% | -8.4% |
| 2000 | 48.9% | -19.7% |
| 2001 | 39.3% | -19.5% |
| 2002 | 38.8% | -1.3% |
| 2003 | 33.5% | -13.8% |
| 2004 | 25.4% | -24.2% |
| 2005 | 16.7% | -34.3% |
| 2006 | 5.0% | -70.2% |
| 2007 | 4.4% | -12.4% |
| 2008 | 3.5% | -20.0% |
| 2009 | 5.0% | +42.7% |
| 2010 | 4.1% | -17.9% |
| 2011 | 2.8% | -31.5% |
| 2012 | 2.5% | -12.3% |
| 2013 | 2.3% | -5.3% |
| 2014 | 2.4% | +1.4% |
| 2015 | 2.5% | +8.0% |
| 2016 | 3.0% | +19.6% |
| 2017 | 3.0% | -0.0% |
| 2018 | 3.0% | -1.4% |
| 2019 | 2.9% | -3.4% |
| 2020 | 3.2% | +10.2% |
| 2021 | 4.0% | +26.5% |
| 2022 | 3.2% | -19.9% |
| 2023 | 3.0% | -7.3% |
| 2024 | 2.7% | -11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.8% | 19.8% | 62.7% | 10 |
| 1980s | 40.1% | 30.5% | 50.8% | 10 |
| 1990s | 65.5% | 47.1% | 83.5% | 10 |
| 2000s | 22.0% | 3.5% | 48.9% | 10 |
| 2010s | 2.9% | 2.3% | 4.1% | 10 |
| 2020s | 3.2% | 2.7% | 4.0% | 5 |
Countries ranked near Algeria
- 117 Iraq 6.2% compare
- 118 Turkmenistan 5.2% compare
- 119 Haiti 3.7% compare
- 121 Iran, Islamic Republic of 2.2% compare
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)
- Manufacturing, value added (constant LCU), per capita 22,067 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 2.46 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.348 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,106 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 0.5923 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 45.8 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 277,121 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.59 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Algeria?
- External debt stocks in Algeria was 2.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Algeria?
- The highest recorded value was 83.5% in 1995.
- What is the lowest external debt stocks recorded in Algeria?
- The lowest recorded value was 2.3% in 2013.
- How does Algeria rank for external debt stocks?
- Algeria ranks 120th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Algeria?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.