Gross Fixed Capital Formation — Value Standard Local Currency in Algeria
Algeria: Gross Fixed Capital Formation — Value Standard Local Currency was 11.89 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Algeria, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Algeria is 11.89 million million SLC, 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 84.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Algeria peaked at 11.89 million million SLC in 2024 and was at its lowest, 7,805 million SLC, in 1970.
That places Algeria 40th out of 230 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 Fixed Capital Formation — Value Standard Local Currency in Algeria, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 7,805 million SLC | — |
| 1971 | 7,979 million SLC | +2.2% |
| 1972 | 9,384 million SLC | +17.6% |
| 1973 | 11,877 million SLC | +26.6% |
| 1974 | 16,964 million SLC | +42.8% |
| 1975 | 23,975 million SLC | +41.3% |
| 1976 | 31,358 million SLC | +30.8% |
| 1977 | 38,433 million SLC | +22.6% |
| 1978 | 50,790 million SLC | +32.2% |
| 1979 | 50,375 million SLC | -0.8% |
| 1980 | 54,881 million SLC | +8.9% |
| 1981 | 63,045 million SLC | +14.9% |
| 1982 | 71,488 million SLC | +13.4% |
| 1983 | 80,319 million SLC | +12.4% |
| 1984 | 87,482 million SLC | +8.9% |
| 1985 | 92,765 million SLC | +6.0% |
| 1986 | 101,333 million SLC | +9.2% |
| 1987 | 92,880 million SLC | -8.3% |
| 1988 | 91,743 million SLC | -1.2% |
| 1989 | 115,796 million SLC | +26.2% |
| 1990 | 141,877 million SLC | +22.5% |
| 1991 | 215,779 million SLC | +52.1% |
| 1992 | 277,974 million SLC | +28.8% |
| 1993 | 324,135 million SLC | +16.6% |
| 1994 | 407,545 million SLC | +25.7% |
| 1995 | 541,826 million SLC | +32.9% |
| 1996 | 639,447 million SLC | +18.0% |
| 1997 | 638,120 million SLC | -0.2% |
| 1998 | 728,754 million SLC | +14.2% |
| 1999 | 789,799 million SLC | +8.4% |
| 2000 | 852,629 million SLC | +8.0% |
| 2001 | 965,463 million SLC | +13.2% |
| 2002 | 1.11 million million SLC | +15.1% |
| 2003 | 1.27 million million SLC | +13.8% |
| 2004 | 1.48 million million SLC | +16.7% |
| 2005 | 1.69 million million SLC | +14.5% |
| 2006 | 1.97 million million SLC | +16.4% |
| 2007 | 2.46 million million SLC | +25.0% |
| 2008 | 3.23 million million SLC | +31.1% |
| 2009 | 3.81 million million SLC | +18.1% |
| 2010 | 4.35 million million SLC | +14.2% |
| 2011 | 4.62 million million SLC | +6.2% |
| 2012 | 4.99 million million SLC | +8.1% |
| 2013 | 5.69 million million SLC | +14.0% |
| 2014 | 6.45 million million SLC | +13.3% |
| 2015 | 7.06 million million SLC | +9.5% |
| 2016 | 7.54 million million SLC | +6.8% |
| 2017 | 7.70 million million SLC | +2.0% |
| 2018 | 8.21 million million SLC | +6.7% |
| 2019 | 8.22 million million SLC | +0.1% |
| 2020 | 7.75 million million SLC | -5.7% |
| 2021 | 8.77 million million SLC | +13.2% |
| 2022 | 9.66 million million SLC | +10.1% |
| 2023 | 11.16 million million SLC | +15.6% |
| 2024 | 11.89 million million SLC | +6.5% |
Algeria compared with similar countries
- Algeria's 11.89 million million SLC is above the median for upper middle income countries, which is 199,742 million SLC, 59.5× the median. (54 countries reporting)
- Algeria's 11.89 million million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 347,392 million SLC, 34.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24,894 million SLC | 7,805 million SLC | 50,790 million SLC | 10 |
| 1980s | 85,173 million SLC | 54,881 million SLC | 115,796 million SLC | 10 |
| 1990s | 470,526 million SLC | 141,877 million SLC | 789,799 million SLC | 10 |
| 2000s | 1.88 million million SLC | 852,629 million SLC | 3.81 million million SLC | 10 |
| 2010s | 6.48 million million SLC | 4.35 million million SLC | 8.22 million million SLC | 10 |
| 2020s | 9.84 million million SLC | 7.75 million million SLC | 11.89 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)
- SDRs holdings, US dollar, annual growth rate 2.93 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 91.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.99 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.011 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 66.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Algeria?
- Gross fixed capital formation — value standard local currency in Algeria was 11.89 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Algeria?
- The highest recorded value was 11.89 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Algeria?
- The lowest recorded value was 7,805 million SLC in 1970.
- How does Algeria rank for gross fixed capital formation — value standard local currency?
- Algeria ranks 40th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Algeria?
- Over the last ten years it is up 84.4%. 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 Fixed Capital Formation — Value Standard Local Currency. 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).