Real gdp growth in Algeria
Algeria: Real gdp growth was 3.7 in 2024. ◆ Volatile
Latest (2024)
3.7
Change on year
down 9.8%
World rank
87th
of 196 countries
All-time high
6.5
in 2003
All-time low
-5.4
in 1980
Years of data
45
1980–2024
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.
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
- External balance on goods and services as a percent of gdp -5.31 (2025)
- Inflation of consumer prices 1.42 (2025)
- Gdp per capita worldbank constant usd 4,883 (2025)
- Manufacturing value added to gdp 9.45 (2024)
- Gdp worldbank constant usd 231.62 billion (2025)
- Gdp per capita in international and market dollars 4,883 (2025)
- DEC alternative conversion factor 131.61 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 342.08 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 2.55 billion current US$ (2024)
- Taxes less subsidies on products 1.89 trillion current LCU (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.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).