Gross Domestic Product — Value US$ in Algeria

Algeria: Gross Domestic Product — Value US$ was 263,620 million USD in 2024. ◆ Volatile

Latest (2024)
263,620 million USD
Change on year
up 6.5%
World rank
49th
of 203 countries
All-time high
263,620 million USD
in 2024
All-time low
5,155 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Algeria, 1970–2024

0100.0k200.0k300.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$ in Algeria is 263,620 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 6.5% on the previous year and up 23.3% over ten years.

Over the whole period, gross domestic product — value us$ in Algeria peaked at 263,620 million USD in 2024 and was at its lowest, 5,155 million USD, in 1970.

That places Algeria 49th out of 203 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$ in Algeria, year by year

Annual values for Gross Domestic Product — Value US$ in Algeria, 1970 to 2024.
Year million USD Change
1970 5,155 million USD
1971 5,364 million USD +4.0%
1972 7,176 million USD +33.8%
1973 9,230 million USD +28.6%
1974 13,260 million USD +43.7%
1975 15,556 million USD +17.3%
1976 17,750 million USD +14.1%
1977 20,991 million USD +18.3%
1978 26,374 million USD +25.6%
1979 33,201 million USD +25.9%
1980 42,252 million USD +27.3%
1981 44,265 million USD +4.8%
1982 45,095 million USD +1.9%
1983 48,702 million USD +8.0%
1984 52,828 million USD +8.5%
1985 57,866 million USD +9.5%
1986 62,923 million USD +8.7%
1987 64,334 million USD +2.2%
1988 58,655 million USD -8.8%
1989 55,344 million USD -5.6%
1990 61,751 million USD +11.6%
1991 46,565 million USD -24.6%
1992 49,106 million USD +5.5%
1993 50,847 million USD +3.5%
1994 42,331 million USD -16.7%
1995 41,972 million USD -0.8%
1996 46,836 million USD +11.6%
1997 48,068 million USD +2.6%
1998 48,079 million USD +0.0%
1999 48,531 million USD +0.9%
2000 54,667 million USD +12.6%
2001 55,057 million USD +0.7%
2002 56,819 million USD +3.2%
2003 67,864 million USD +19.4%
2004 85,332 million USD +25.7%
2005 103,198 million USD +20.9%
2006 117,027 million USD +13.4%
2007 134,977 million USD +15.3%
2008 171,001 million USD +26.7%
2009 137,211 million USD -19.8%
2010 161,207 million USD +17.5%
2011 200,019 million USD +24.1%
2012 209,059 million USD +4.5%
2013 209,755 million USD +0.3%
2014 213,810 million USD +1.9%
2015 165,979 million USD -22.4%
2016 160,034 million USD -3.6%
2017 170,097 million USD +6.3%
2018 174,911 million USD +2.8%
2019 179,388 million USD +2.6%
2020 158,975 million USD -11.4%
2021 186,232 million USD +17.1%
2022 225,638 million USD +21.2%
2023 247,626 million USD +9.7%
2024 263,620 million USD +6.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15,406 million USD 5,155 million USD 33,201 million USD 10
1980s 53,226 million USD 42,252 million USD 64,334 million USD 10
1990s 48,409 million USD 41,972 million USD 61,751 million USD 10
2000s 98,315 million USD 54,667 million USD 171,001 million USD 10
2010s 184,426 million USD 160,034 million USD 213,810 million USD 10
2020s 216,418 million USD 158,975 million USD 263,620 million USD 5

Countries ranked near Algeria

  1. 46 Finland 300,427 million USD compare
  2. 47 Kazakhstan 291,108 million USD compare
  3. 48 Peru 289,729 million USD compare
  4. 50 New Zealand 257,157 million USD compare
  5. 51 Greece 257,145 million USD compare
  6. 52 Iraq 240,800 million USD compare

See the full ranking of 252 places →

More economy & growth data for Algeria

All data for Algeria →

Frequently asked questions

What is gross domestic product — value us$ in Algeria?
Gross domestic product — value us$ in Algeria was 263,620 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Algeria?
The highest recorded value was 263,620 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Algeria?
The lowest recorded value was 5,155 million USD in 1970.
How does Algeria rank for gross domestic product — value us$?
Algeria ranks 49th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Algeria?
Over the last ten years it is up 23.3%. The long-run trend across the full record is volatile.
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 US$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Algeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/algeria/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).