Gross Fixed Capital Formation — Value US$ in Algeria
Algeria: Gross Fixed Capital Formation — Value US$ was 88,685 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Algeria, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Algeria recorded 88,685 million USD for gross fixed capital formation — value us$ in 2024. That is the highest value across all 55 years on record.
The figure is up 7.9% on the previous year and up 10.9% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Algeria peaked at 88,685 million USD in 2024 and was at its lowest, 1,581 million USD, in 1970.
Algeria ranks 46th of 235 countries on this measure, 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$ in Algeria, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,581 million USD | — |
| 1971 | 1,624 million USD | +2.7% |
| 1972 | 2,095 million USD | +29.0% |
| 1973 | 2,997 million USD | +43.1% |
| 1974 | 4,058 million USD | +35.4% |
| 1975 | 6,071 million USD | +49.6% |
| 1976 | 7,531 million USD | +24.1% |
| 1977 | 9,268 million USD | +23.1% |
| 1978 | 12,807 million USD | +38.2% |
| 1979 | 13,073 million USD | +2.1% |
| 1980 | 14,301 million USD | +9.4% |
| 1981 | 14,608 million USD | +2.1% |
| 1982 | 15,567 million USD | +6.6% |
| 1983 | 16,772 million USD | +7.7% |
| 1984 | 17,555 million USD | +4.7% |
| 1985 | 18,450 million USD | +5.1% |
| 1986 | 21,550 million USD | +16.8% |
| 1987 | 19,152 million USD | -11.1% |
| 1988 | 15,511 million USD | -19.0% |
| 1989 | 15,219 million USD | -1.9% |
| 1990 | 15,839 million USD | +4.1% |
| 1991 | 11,681 million USD | -26.3% |
| 1992 | 12,730 million USD | +9.0% |
| 1993 | 13,884 million USD | +9.1% |
| 1994 | 11,625 million USD | -16.3% |
| 1995 | 11,368 million USD | -2.2% |
| 1996 | 11,680 million USD | +2.7% |
| 1997 | 11,058 million USD | -5.3% |
| 1998 | 12,407 million USD | +12.2% |
| 1999 | 11,864 million USD | -4.4% |
| 2000 | 11,329 million USD | -4.5% |
| 2001 | 12,504 million USD | +10.4% |
| 2002 | 13,947 million USD | +11.5% |
| 2003 | 16,347 million USD | +17.2% |
| 2004 | 20,495 million USD | +25.4% |
| 2005 | 23,086 million USD | +12.6% |
| 2006 | 27,110 million USD | +17.4% |
| 2007 | 35,532 million USD | +31.1% |
| 2008 | 49,988 million USD | +40.7% |
| 2009 | 52,465 million USD | +5.0% |
| 2010 | 58,491 million USD | +11.5% |
| 2011 | 63,346 million USD | +8.3% |
| 2012 | 64,388 million USD | +1.6% |
| 2013 | 71,702 million USD | +11.4% |
| 2014 | 80,005 million USD | +11.6% |
| 2015 | 70,138 million USD | -12.3% |
| 2016 | 68,934 million USD | -1.7% |
| 2017 | 69,368 million USD | +0.6% |
| 2018 | 70,426 million USD | +1.5% |
| 2019 | 68,852 million USD | -2.2% |
| 2020 | 61,104 million USD | -11.3% |
| 2021 | 64,917 million USD | +6.2% |
| 2022 | 68,003 million USD | +4.8% |
| 2023 | 82,164 million USD | +20.8% |
| 2024 | 88,685 million USD | +7.9% |
Algeria compared with similar countries
- Algeria's 88,685 million USD is above the median for upper middle income countries, which is 8,136 million USD, 10.9× the median. (54 countries reporting)
- Algeria's 88,685 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20,159 million USD, 4.4× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,110 million USD | 1,581 million USD | 13,073 million USD | 10 |
| 1980s | 16,869 million USD | 14,301 million USD | 21,550 million USD | 10 |
| 1990s | 12,413 million USD | 11,058 million USD | 15,839 million USD | 10 |
| 2000s | 26,280 million USD | 11,329 million USD | 52,465 million USD | 10 |
| 2010s | 68,565 million USD | 58,491 million USD | 80,005 million USD | 10 |
| 2020s | 72,975 million USD | 61,104 million USD | 88,685 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)
- 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$), annual growth rate -12.66 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Algeria?
- Gross fixed capital formation — value us$ in Algeria was 88,685 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Algeria?
- The highest recorded value was 88,685 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Algeria?
- The lowest recorded value was 1,581 million USD in 1970.
- How does Algeria rank for gross fixed capital formation — value us$?
- Algeria ranks 46th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Algeria?
- Over the last ten years it is up 10.9%. 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$. Statizoid updates them automatically from the source API.
Download this data
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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).