Gross Domestic Product — Value US$, annual growth rate in Algeria
Algeria: Gross Domestic Product — Value US$, annual growth rate was 6.46 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Algeria, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, annual growth rate in Algeria is 6.46 % change on previous year, measured in 2024.
Compared with earlier readings it is down 33.7% on the previous year and up 234.1% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Algeria peaked at 43.67 % change on previous year in 1974 and was at its lowest, -24.59 % change on previous year, in 1991.
That places Algeria 96th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Algeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.05 % change on previous year | — |
| 1972 | 33.8 % change on previous year | +735.4% |
| 1973 | 28.61 % change on previous year | -15.3% |
| 1974 | 43.67 % change on previous year | +52.6% |
| 1975 | 17.31 % change on previous year | -60.4% |
| 1976 | 14.11 % change on previous year | -18.5% |
| 1977 | 18.26 % change on previous year | +29.4% |
| 1978 | 25.64 % change on previous year | +40.4% |
| 1979 | 25.89 % change on previous year | +1.0% |
| 1980 | 27.26 % change on previous year | +5.3% |
| 1981 | 4.76 % change on previous year | -82.5% |
| 1982 | 1.88 % change on previous year | -60.6% |
| 1983 | 8 % change on previous year | +326.5% |
| 1984 | 8.47 % change on previous year | +5.9% |
| 1985 | 9.54 % change on previous year | +12.6% |
| 1986 | 8.74 % change on previous year | -8.4% |
| 1987 | 2.24 % change on previous year | -74.3% |
| 1988 | -8.83 % change on previous year | -493.7% |
| 1989 | -5.64 % change on previous year | -36.0% |
| 1990 | 11.58 % change on previous year | -305.1% |
| 1991 | -24.59 % change on previous year | -312.4% |
| 1992 | 5.46 % change on previous year | -122.2% |
| 1993 | 3.55 % change on previous year | -35.0% |
| 1994 | -16.75 % change on previous year | -572.3% |
| 1995 | -0.8486 % change on previous year | -94.9% |
| 1996 | 11.59 % change on previous year | -1465.9% |
| 1997 | 2.63 % change on previous year | -77.3% |
| 1998 | 0.0218 % change on previous year | -99.2% |
| 1999 | 0.9401 % change on previous year | +4203.8% |
| 2000 | 12.64 % change on previous year | +1244.9% |
| 2001 | 0.713 % change on previous year | -94.4% |
| 2002 | 3.2 % change on previous year | +349.0% |
| 2003 | 19.44 % change on previous year | +507.2% |
| 2004 | 25.74 % change on previous year | +32.4% |
| 2005 | 20.94 % change on previous year | -18.7% |
| 2006 | 13.4 % change on previous year | -36.0% |
| 2007 | 15.34 % change on previous year | +14.5% |
| 2008 | 26.69 % change on previous year | +74.0% |
| 2009 | -19.76 % change on previous year | -174.0% |
| 2010 | 17.49 % change on previous year | -188.5% |
| 2011 | 24.08 % change on previous year | +37.7% |
| 2012 | 4.52 % change on previous year | -81.2% |
| 2013 | 0.3329 % change on previous year | -92.6% |
| 2014 | 1.93 % change on previous year | +480.7% |
| 2015 | -22.37 % change on previous year | -1257.2% |
| 2016 | -3.58 % change on previous year | -84.0% |
| 2017 | 6.29 % change on previous year | -275.6% |
| 2018 | 2.83 % change on previous year | -55.0% |
| 2019 | 2.56 % change on previous year | -9.6% |
| 2020 | -11.38 % change on previous year | -544.6% |
| 2021 | 17.15 % change on previous year | -250.7% |
| 2022 | 21.16 % change on previous year | +23.4% |
| 2023 | 9.74 % change on previous year | -53.9% |
| 2024 | 6.46 % change on previous year | -33.7% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +4203.8% | 0.0218 % change on previous year | 0.9401 % change on previous year |
| 1996 | +1465.9% | -0.8486 % change on previous year | 11.59 % change on previous year |
| 2015 | -1257.2% | 1.93 % change on previous year | -22.37 % change on previous year |
| 2000 | +1244.9% | 0.9401 % change on previous year | 12.64 % change on previous year |
| 1972 | +735.4% | 4.05 % change on previous year | 33.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.48 % change on previous year | 4.05 % change on previous year | 43.67 % change on previous year | 9 |
| 1980s | 5.64 % change on previous year | -8.83 % change on previous year | 27.26 % change on previous year | 10 |
| 1990s | -0.6428 % change on previous year | -24.59 % change on previous year | 11.59 % change on previous year | 10 |
| 2000s | 11.83 % change on previous year | -19.76 % change on previous year | 26.69 % change on previous year | 10 |
| 2010s | 3.41 % change on previous year | -22.37 % change on previous year | 24.08 % change on previous year | 10 |
| 2020s | 8.63 % change on previous year | -11.38 % change on previous year | 21.16 % change on previous year | 5 |
Countries ranked near Algeria
- 93 Portugal 6.55 % change on previous year compare
- 94 Turks and Caicos Islands 6.51 % change on previous year compare
- 95 Tonga 6.49 % change on previous year compare
- 97 Luxembourg 6.42 % change on previous year compare
- 98 Iceland 6.39 % change on previous year compare
- 99 Lithuania 6.37 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 264,865 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0057 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.23 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 0.9906 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.2 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Algeria?
- Gross domestic product — value us$, annual growth rate in Algeria was 6.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Algeria?
- The highest recorded value was 43.67 % change on previous year in 1974.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Algeria?
- The lowest recorded value was -24.59 % change on previous year in 1991.
- How does Algeria rank for gross domestic product — value us$, annual growth rate?
- Algeria ranks 96th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Algeria?
- Over the last ten years it is up 234.1%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.