Gross Fixed Capital Formation — Value US$ in Algeria

Algeria: Gross Fixed Capital Formation — Value US$ was 88,685 million USD in 2024. ◆ Volatile

Latest (2024)
88,685 million USD
Change on year
up 7.9%
World rank
41st
of 219 countries
All-time high
88,685 million USD
in 2024
All-time low
1,581 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Algeria, 1970–2024

020.0k40.0k60.0k80.0k197019972024

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 41st of 219 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 38 Denmark 95,996 million USD compare
  2. 39 Caribbean 92,184 million USD compare
  3. 40 Czechia 90,685 million USD compare
  4. 42 Malaysia 86,643 million USD compare
  5. 43 Qatar 79,792 million USD compare
  6. 44 Chile 76,269 million USD compare

See the full ranking of 251 places →

More economy & growth data for Algeria

All data for Algeria →

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$?
Algeria ranks 41st out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 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).