Gross Domestic Product — Value Standard Local Currency, annual growth in Algeria

Algeria: Gross Domestic Product — Value Standard Local Currency, annual growth was 5.06 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.06 % change on previous year
Change on year
up 1.3%
World rank
148th
of 218 countries
All-time high
55.51 % change on previous year
in 1991
All-time low
-9.74 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Algeria, 1971–2024

0204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Algeria recorded 5.06 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.

Compared with earlier readings it is up 1.3% on the previous year and up 45.0% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Algeria peaked at 55.51 % change on previous year in 1991 and was at its lowest, -9.74 % change on previous year, in 2009.

That places Algeria 148th out of 218 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.

Gross Domestic Product — Value Standard Local Currency, annual growth in Algeria, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Algeria, 1971 to 2024.
Year % change on previous year Change
1971 3.53 % change on previous year
1972 22.03 % change on previous year +523.8%
1973 13.74 % change on previous year -37.6%
1974 51.58 % change on previous year +275.4%
1975 10.82 % change on previous year -79.0%
1976 20.3 % change on previous year +87.6%
1977 17.77 % change on previous year -12.5%
1978 20.16 % change on previous year +13.4%
1979 22.31 % change on previous year +10.7%
1980 26.74 % change on previous year +19.8%
1981 17.82 % change on previous year -33.3%
1982 8.4 % change on previous year -52.9%
1983 12.62 % change on previous year +50.3%
1984 12.88 % change on previous year +2.0%
1985 10.51 % change on previous year -18.4%
1986 1.7 % change on previous year -83.8%
1987 5.45 % change on previous year +220.6%
1988 11.2 % change on previous year +105.5%
1989 21.38 % change on previous year +90.9%
1990 31.36 % change on previous year +46.7%
1991 55.51 % change on previous year +77.0%
1992 24.66 % change on previous year -55.6%
1993 10.7 % change on previous year -56.6%
1994 25.02 % change on previous year +133.8%
1995 34.8 % change on previous year +39.1%
1996 28.18 % change on previous year -19.0%
1997 8.18 % change on previous year -71.0%
1998 1.81 % change on previous year -77.9%
1999 14.4 % change on previous year +695.8%
2000 27.34 % change on previous year +89.8%
2001 3.33 % change on previous year -87.8%
2002 6.5 % change on previous year +95.2%
2003 16.01 % change on previous year +146.4%
2004 17.07 % change on previous year +6.6%
2005 22.98 % change on previous year +34.6%
2006 12.43 % change on previous year -45.9%
2007 10.01 % change on previous year -19.4%
2008 18.08 % change on previous year +80.5%
2009 -9.74 % change on previous year -153.9%
2010 20.3 % change on previous year -308.4%
2011 21.66 % change on previous year +6.7%
2012 11.11 % change on previous year -48.7%
2013 2.7 % change on previous year -75.7%
2014 3.49 % change on previous year +29.0%
2015 -2.99 % change on previous year -185.8%
2016 4.8 % change on previous year -260.2%
2017 7.77 % change on previous year +62.0%
2018 8.04 % change on previous year +3.4%
2019 4.99 % change on previous year -38.0%
2020 -5.87 % change on previous year -217.7%
2021 24.8 % change on previous year -522.7%
2022 27.38 % change on previous year +10.4%
2023 4.99 % change on previous year -81.8%
2024 5.06 % change on previous year +1.3%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +695.8% 1.81 % change on previous year 14.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.25 % change on previous year 3.53 % change on previous year 51.58 % change on previous year 9
1980s 12.87 % change on previous year 1.7 % change on previous year 26.74 % change on previous year 10
1990s 23.46 % change on previous year 1.81 % change on previous year 55.51 % change on previous year 10
2000s 12.4 % change on previous year -9.74 % change on previous year 27.34 % change on previous year 10
2010s 8.19 % change on previous year -2.99 % change on previous year 21.66 % change on previous year 10
2020s 11.27 % change on previous year -5.87 % change on previous year 27.38 % change on previous year 5

Countries ranked near Algeria

  1. 145 Czechia 5.15 % change on previous year compare
  2. 146 Grenada 5.09 % change on previous year compare
  3. 147 Senegal 5.08 % change on previous year compare
  4. 149 Yemen Dem 5.01 % change on previous year compare
  5. 150 Afghanistan 4.95 % change on previous year compare
  6. 151 Morocco 4.92 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Algeria

All data for Algeria →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Algeria?
Gross domestic product — value standard local currency, annual growth in Algeria was 5.06 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Algeria?
The highest recorded value was 55.51 % change on previous year in 1991.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Algeria?
The lowest recorded value was -9.74 % change on previous year in 2009.
How does Algeria rank for gross domestic product — value standard local currency, annual growth?
Algeria ranks 148th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Algeria?
Over the last ten years it is up 45.0%. The long-run trend across the full record is volatile.
Where does this Algeria data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Algeria. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/algeria/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.