Real gdp growth in Algeria
Algeria: Real gdp growth was 3.7 in 2024. ◆ Volatile
Real gdp growth in Algeria, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Algeria stood at 3.7.
That represents a change of down 9.8% on the previous year and down 9.8% over ten years.
Over the whole period, real gdp growth in Algeria peaked at 6.5 in 2003 and was at its lowest, -5.4, in 1980.
That places Algeria 87th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -5.4 | — |
| 1981 | 3 | -155.6% |
| 1982 | 6.4 | +113.3% |
| 1983 | 5.4 | -15.6% |
| 1984 | 5.6 | +3.7% |
| 1985 | 5.6 | +0.0% |
| 1986 | -0.2 | -103.6% |
| 1987 | -0.7 | +250.0% |
| 1988 | -1.9 | +171.4% |
| 1989 | 4.8 | -352.6% |
| 1990 | 0.8 | -83.3% |
| 1991 | -1.2 | -250.0% |
| 1992 | 1.6 | -233.3% |
| 1993 | -2.1 | -231.4% |
| 1994 | -0.9 | -57.2% |
| 1995 | 3.85 | -527.6% |
| 1996 | 3.8 | -1.2% |
| 1997 | 1.1 | -71.1% |
| 1998 | 5.1 | +363.6% |
| 1999 | 3.2 | -37.3% |
| 2000 | 3.8 | +18.7% |
| 2001 | 3 | -21.1% |
| 2002 | 5.4 | +80.0% |
| 2003 | 6.5 | +20.4% |
| 2004 | 4.5 | -30.8% |
| 2005 | 5.4 | +20.0% |
| 2006 | 2.9 | -46.3% |
| 2007 | 3.1 | +6.9% |
| 2008 | 2.5 | -19.4% |
| 2009 | 1.2 | -52.0% |
| 2010 | 4.8 | +300.0% |
| 2011 | 3 | -37.5% |
| 2012 | 2.4 | -20.0% |
| 2013 | 2.6 | +8.3% |
| 2014 | 4.1 | +57.7% |
| 2015 | 3.2 | -22.0% |
| 2016 | 3.9 | +21.9% |
| 2017 | 1.5 | -61.5% |
| 2018 | 1.4 | -6.7% |
| 2019 | 0.9 | -35.7% |
| 2020 | -5 | -655.6% |
| 2021 | 3.8 | -176.0% |
| 2022 | 3.6 | -5.3% |
| 2023 | 4.1 | +13.9% |
| 2024 | 3.7 | -9.8% |
Algeria compared with similar countries
- Algeria's 3.7 is above the median for upper middle income countries, which is 3.49, 1.1× the median. (57 countries reporting)
- Algeria's 3.7 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.9, 1.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -655.6% | 0.9 | -5 |
| 1995 | +527.6% | -0.9 | 3.85 |
| 1998 | +363.6% | 1.1 | 5.1 |
| 1989 | +352.6% | -1.9 | 4.8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.26 | -5.4 | 6.4 | 10 |
| 1990s | 1.52 | -2.1 | 5.1 | 10 |
| 2000s | 3.83 | 1.2 | 6.5 | 10 |
| 2010s | 2.78 | 0.9 | 4.8 | 10 |
| 2020s | 2.04 | -5 | 4.1 | 5 |
Countries ranked near Algeria
More economy & growth data for Algeria
- Real gdp growth, annual growth rate -9.76 % change on previous year (2024)
- 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)
Frequently asked questions
- What is real gdp growth in Algeria?
- Real gdp growth in Algeria was 3.7 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Algeria?
- The highest recorded value was 6.5 in 2003.
- What is the lowest real gdp growth recorded in Algeria?
- The lowest recorded value was -5.4 in 1980.
- How does Algeria rank for real gdp growth?
- Algeria ranks 87th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Algeria?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
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