GDP growth in Algeria
Algeria: GDP growth was 3.7 in 2024. ◆ Volatile
Latest (2024)
3.7
Change on year
down 9.8%
World rank
21st
of 74 countries
All-time high
34.31
in 1963
All-time low
-19.68
in 1962
Years of data
64
1961–2024
GDP growth in Algeria, 1961–2024
Source: UNICEF.
Analysis
In 2024, gdp growth in Algeria stood at 3.7.
The figure is down 9.8% on the previous year and down 9.8% over ten years.
Over the whole period, gdp growth in Algeria peaked at 34.31 in 1963 and was at its lowest, -19.68, in 1962.
That places Algeria 21st out of 74 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | -13.61 | — |
| 1962 | -19.68 | +44.7% |
| 1963 | 34.31 | -274.3% |
| 1964 | 5.84 | -83.0% |
| 1965 | 6.21 | +6.3% |
| 1966 | -4.8 | -177.4% |
| 1967 | 9.45 | -296.7% |
| 1968 | 10.8 | +14.2% |
| 1969 | 8.43 | -21.9% |
| 1970 | 8.86 | +5.1% |
| 1971 | -11.33 | -227.9% |
| 1972 | 27.42 | -342.0% |
| 1973 | 3.81 | -86.1% |
| 1974 | 7.49 | +96.6% |
| 1975 | 5.05 | -32.7% |
| 1976 | 8.39 | +66.2% |
| 1977 | 5.26 | -37.3% |
| 1978 | 9.21 | +75.2% |
| 1979 | 7.48 | -18.9% |
| 1980 | 0.7906 | -89.4% |
| 1981 | 3 | +279.5% |
| 1982 | 6.4 | +113.3% |
| 1983 | 5.4 | -15.6% |
| 1984 | 5.6 | +3.7% |
| 1985 | 3.7 | -33.9% |
| 1986 | 0.4 | -89.2% |
| 1987 | -0.7 | -275.0% |
| 1988 | -1 | +42.9% |
| 1989 | 4.4 | -540.0% |
| 1990 | 0.8 | -81.8% |
| 1991 | -1.2 | -250.0% |
| 1992 | 1.8 | -250.0% |
| 1993 | -2.1 | -216.7% |
| 1994 | -0.9 | -57.1% |
| 1995 | 3.8 | -522.2% |
| 1996 | 4.1 | +7.9% |
| 1997 | 1.1 | -73.2% |
| 1998 | 5.1 | +363.6% |
| 1999 | 3.2 | -37.3% |
| 2000 | 3.8 | +18.7% |
| 2001 | 3 | -21.1% |
| 2002 | 5.4 | +80.0% |
| 2003 | 6.5 | +20.4% |
| 2004 | 4.5 | -30.8% |
| 2005 | 5.4 | +20.0% |
| 2006 | 2.9 | -46.3% |
| 2007 | 3.1 | +6.9% |
| 2008 | 2.5 | -19.4% |
| 2009 | 1.2 | -52.0% |
| 2010 | 4.8 | +300.0% |
| 2011 | 3 | -37.5% |
| 2012 | 2.4 | -20.0% |
| 2013 | 2.6 | +8.3% |
| 2014 | 4.1 | +57.7% |
| 2015 | 3.2 | -22.0% |
| 2016 | 3.9 | +21.9% |
| 2017 | 1.5 | -61.5% |
| 2018 | 1.4 | -6.7% |
| 2019 | 0.9 | -35.7% |
| 2020 | -5 | -655.6% |
| 2021 | 3.8 | -176.0% |
| 2022 | 3.6 | -5.3% |
| 2023 | 4.1 | +13.9% |
| 2024 | 3.7 | -9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.11 | -19.68 | 34.31 | 9 |
| 1970s | 7.16 | -11.33 | 27.42 | 10 |
| 1980s | 2.8 | -1 | 6.4 | 10 |
| 1990s | 1.57 | -2.1 | 5.1 | 10 |
| 2000s | 3.83 | 1.2 | 6.5 | 10 |
| 2010s | 2.78 | 0.9 | 4.8 | 10 |
| 2020s | 2.04 | -5 | 4.1 | 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)
- GNI, Atlas method (current US$), annual growth rate 10.37 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9672 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 5,853 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.58 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9811 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 5,937 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.63 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 129.12 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp growth in Algeria?
- Gdp growth in Algeria was 3.7 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Algeria?
- The highest recorded value was 34.31 in 1963.
- What is the lowest gdp growth recorded in Algeria?
- The lowest recorded value was -19.68 in 1962.
- How does Algeria rank for gdp growth?
- Algeria ranks 21st out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Algeria?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under UNICEF Terms of Use (attribution required).