Gross Domestic Product — Value Standard Local Currency, 2015 prices in Algeria
Algeria: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 22.24 million million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Algeria, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Algeria stood at 22.24 million million SLC. That is the highest value across all 55 years on record.
The figure is up 3.3% on the previous year and up 38.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Algeria peaked at 22.24 million million SLC in 2024 and was at its lowest, 3.18 million million SLC, in 1971.
Algeria ranks 27th of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Algeria, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 3.51 million million SLC | — |
| 1971 | 3.18 million million SLC | -9.5% |
| 1972 | 3.88 million million SLC | +22.3% |
| 1973 | 4.05 million million SLC | +4.3% |
| 1974 | 4.20 million million SLC | +3.8% |
| 1975 | 4.45 million million SLC | +5.8% |
| 1976 | 4.72 million million SLC | +6.2% |
| 1977 | 5.17 million million SLC | +9.4% |
| 1978 | 5.69 million million SLC | +10.2% |
| 1979 | 6.12 million million SLC | +7.5% |
| 1980 | 6.17 million million SLC | +0.8% |
| 1981 | 6.35 million million SLC | +3.0% |
| 1982 | 6.76 million million SLC | +6.4% |
| 1983 | 7.12 million million SLC | +5.4% |
| 1984 | 7.52 million million SLC | +5.6% |
| 1985 | 7.80 million million SLC | +3.7% |
| 1986 | 7.83 million million SLC | +0.4% |
| 1987 | 7.78 million million SLC | -0.7% |
| 1988 | 7.70 million million SLC | -1.0% |
| 1989 | 8.04 million million SLC | +4.4% |
| 1990 | 8.10 million million SLC | +0.8% |
| 1991 | 8.01 million million SLC | -1.2% |
| 1992 | 8.15 million million SLC | +1.8% |
| 1993 | 7.98 million million SLC | -2.1% |
| 1994 | 7.91 million million SLC | -0.9% |
| 1995 | 8.21 million million SLC | +3.8% |
| 1996 | 8.54 million million SLC | +4.1% |
| 1997 | 8.64 million million SLC | +1.1% |
| 1998 | 9.08 million million SLC | +5.1% |
| 1999 | 9.37 million million SLC | +3.2% |
| 2000 | 9.72 million million SLC | +3.8% |
| 2001 | 10.02 million million SLC | +3.0% |
| 2002 | 10.58 million million SLC | +5.6% |
| 2003 | 11.34 million million SLC | +7.2% |
| 2004 | 11.83 million million SLC | +4.3% |
| 2005 | 12.52 million million SLC | +5.9% |
| 2006 | 12.74 million million SLC | +1.7% |
| 2007 | 13.17 million million SLC | +3.4% |
| 2008 | 13.49 million million SLC | +2.4% |
| 2009 | 13.70 million million SLC | +1.6% |
| 2010 | 14.20 million million SLC | +3.6% |
| 2011 | 14.61 million million SLC | +2.9% |
| 2012 | 15.10 million million SLC | +3.4% |
| 2013 | 15.53 million million SLC | +2.8% |
| 2014 | 16.12 million million SLC | +3.8% |
| 2015 | 16.71 million million SLC | +3.7% |
| 2016 | 17.25 million million SLC | +3.2% |
| 2017 | 17.47 million million SLC | +1.3% |
| 2018 | 17.68 million million SLC | +1.2% |
| 2019 | 18.65 million million SLC | +5.5% |
| 2020 | 18.49 million million SLC | -0.9% |
| 2021 | 19.96 million million SLC | +8.0% |
| 2022 | 20.69 million million SLC | +3.6% |
| 2023 | 21.53 million million SLC | +4.1% |
| 2024 | 22.24 million million SLC | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.50 million million SLC | 3.18 million million SLC | 6.12 million million SLC | 10 |
| 1980s | 7.31 million million SLC | 6.17 million million SLC | 8.04 million million SLC | 10 |
| 1990s | 8.40 million million SLC | 7.91 million million SLC | 9.37 million million SLC | 10 |
| 2000s | 11.91 million million SLC | 9.72 million million SLC | 13.70 million million SLC | 10 |
| 2010s | 16.33 million million SLC | 14.20 million million SLC | 18.65 million million SLC | 10 |
| 2020s | 20.58 million million SLC | 18.49 million million SLC | 22.24 million million SLC | 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)
- Gross capital formation (constant 2015 US$), annual growth rate 10.97 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4127 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,497 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 16.36 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2214 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,340 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 14.23 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 29.14 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Algeria?
- Gross domestic product — value standard local currency, 2015 prices in Algeria was 22.24 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Algeria?
- The highest recorded value was 22.24 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Algeria?
- The lowest recorded value was 3.18 million million SLC in 1971.
- How does Algeria rank for gross domestic product — value standard local currency, 2015 prices?
- Algeria ranks 27th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Algeria?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is rising.
- Where does this Algeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).