Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Algeria
Algeria: Gross Fixed Capital Formation — Value US$, 2015 prices was 96,467 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Algeria, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Algeria stood at 96,467 million USD. That is the highest value across all 55 years on record.
That represents a change of up 3.1% on the previous year and up 45.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Algeria peaked at 96,467 million USD in 2024 and was at its lowest, 9,921 million USD, in 1971.
That places Algeria 38th out of 235 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Algeria, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 10,776 million USD | — |
| 1971 | 9,921 million USD | -7.9% |
| 1972 | 10,909 million USD | +10.0% |
| 1973 | 12,143 million USD | +11.3% |
| 1974 | 14,980 million USD | +23.4% |
| 1975 | 18,358 million USD | +22.6% |
| 1976 | 20,148 million USD | +9.7% |
| 1977 | 24,449 million USD | +21.3% |
| 1978 | 28,565 million USD | +16.8% |
| 1979 | 26,309 million USD | -7.9% |
| 1980 | 26,357 million USD | +0.2% |
| 1981 | 27,200 million USD | +3.2% |
| 1982 | 27,962 million USD | +2.8% |
| 1983 | 29,388 million USD | +5.1% |
| 1984 | 30,446 million USD | +3.6% |
| 1985 | 31,146 million USD | +2.3% |
| 1986 | 29,184 million USD | -6.3% |
| 1987 | 24,369 million USD | -16.5% |
| 1988 | 23,101 million USD | -5.2% |
| 1989 | 24,187 million USD | +4.7% |
| 1990 | 23,776 million USD | -1.7% |
| 1991 | 20,281 million USD | -14.7% |
| 1992 | 20,707 million USD | +2.1% |
| 1993 | 20,044 million USD | -3.2% |
| 1994 | 20,144 million USD | +0.5% |
| 1995 | 20,749 million USD | +3.0% |
| 1996 | 21,475 million USD | +3.5% |
| 1997 | 21,647 million USD | +0.8% |
| 1998 | 22,361 million USD | +3.3% |
| 1999 | 22,965 million USD | +2.7% |
| 2000 | 24,412 million USD | +6.3% |
| 2001 | 25,730 million USD | +5.4% |
| 2002 | 27,891 million USD | +8.4% |
| 2003 | 29,090 million USD | +4.3% |
| 2004 | 31,476 million USD | +8.2% |
| 2005 | 34,025 million USD | +8.1% |
| 2006 | 36,135 million USD | +6.2% |
| 2007 | 39,785 million USD | +10.1% |
| 2008 | 44,718 million USD | +12.4% |
| 2009 | 48,653 million USD | +8.8% |
| 2010 | 52,059 million USD | +7.0% |
| 2011 | 53,569 million USD | +2.9% |
| 2012 | 57,426 million USD | +7.2% |
| 2013 | 62,364 million USD | +8.6% |
| 2014 | 66,355 million USD | +6.4% |
| 2015 | 70,138 million USD | +5.7% |
| 2016 | 72,592 million USD | +3.5% |
| 2017 | 75,061 million USD | +3.4% |
| 2018 | 77,388 million USD | +3.1% |
| 2019 | 77,914 million USD | +0.7% |
| 2020 | 77,143 million USD | -1.0% |
| 2021 | 85,241 million USD | +10.5% |
| 2022 | 86,340 million USD | +1.3% |
| 2023 | 93,592 million USD | +8.4% |
| 2024 | 96,467 million USD | +3.1% |
Algeria compared with similar countries
- Algeria's 96,467 million USD is above the median for upper middle income countries, which is 7,886 million USD, 12.2× the median. (54 countries reporting)
- Algeria's 96,467 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 17,125 million USD, 5.6× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,656 million USD | 9,921 million USD | 28,565 million USD | 10 |
| 1980s | 27,334 million USD | 23,101 million USD | 31,146 million USD | 10 |
| 1990s | 21,415 million USD | 20,044 million USD | 23,776 million USD | 10 |
| 2000s | 34,192 million USD | 24,412 million USD | 48,653 million USD | 10 |
| 2010s | 66,486 million USD | 52,059 million USD | 77,914 million USD | 10 |
| 2020s | 87,757 million USD | 77,143 million USD | 96,467 million USD | 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 us$, 2015 prices in Algeria?
- Gross fixed capital formation — value us$, 2015 prices in Algeria was 96,467 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Algeria?
- The highest recorded value was 96,467 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Algeria?
- The lowest recorded value was 9,921 million USD in 1971.
- How does Algeria rank for gross fixed capital formation — value us$, 2015 prices?
- Algeria ranks 38th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Algeria?
- Over the last ten years it is up 45.4%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).