Short-term debt in Algeria
Algeria: Short-term debt was 3.1% in 2024. ◆ Volatile
Short-term debt in Algeria, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Algeria recorded 3.1% for short-term debt in 2024.
The figure is up 1.7% on the previous year and up 6.6% over ten years.
Over the whole period, short-term debt in Algeria peaked at 35.9% in 1986 and was at its lowest, 0.9%, in 2006.
That places Algeria 92nd out of 119 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Algeria, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 26.4% | — |
| 1978 | 29.5% | +11.6% |
| 1979 | 19.1% | -35.1% |
| 1980 | 16.0% | -16.1% |
| 1981 | 15.3% | -4.5% |
| 1982 | 19.1% | +25.1% |
| 1983 | 14.4% | -24.9% |
| 1984 | 13.0% | -9.9% |
| 1985 | 13.5% | +4.4% |
| 1986 | 35.9% | +165.1% |
| 1987 | 13.6% | -62.2% |
| 1988 | 19.9% | +46.5% |
| 1989 | 18.1% | -8.6% |
| 1990 | 5.8% | -67.8% |
| 1991 | 9.7% | +65.7% |
| 2005 | 1.0% | -89.4% |
| 2006 | 0.9% | -11.8% |
| 2007 | 1.1% | +23.3% |
| 2008 | 1.5% | +34.7% |
| 2009 | 2.8% | +87.7% |
| 2010 | 2.7% | -3.4% |
| 2011 | 1.4% | -48.2% |
| 2012 | 1.5% | +7.9% |
| 2013 | 1.8% | +20.8% |
| 2014 | 3.0% | +60.5% |
| 2015 | 4.5% | +53.9% |
| 2016 | 5.6% | +24.2% |
| 2017 | 5.2% | -7.0% |
| 2018 | 5.1% | -3.0% |
| 2019 | 5.7% | +12.3% |
| 2020 | 6.9% | +21.1% |
| 2021 | 3.8% | -45.8% |
| 2022 | 2.5% | -33.8% |
| 2023 | 3.1% | +24.6% |
| 2024 | 3.1% | +1.7% |
Algeria compared with similar countries
- Algeria's 3.1% is below the median for upper middle income countries, which is 17.7%, 18% of the median. (51 countries reporting)
- Algeria's 3.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 24.3%, 13% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.0% | 19.1% | 29.5% | 3 |
| 1980s | 17.9% | 13.0% | 35.9% | 10 |
| 1990s | 7.8% | 5.8% | 9.7% | 2 |
| 2000s | 1.5% | 0.9% | 2.8% | 5 |
| 2010s | 3.7% | 1.4% | 5.7% | 10 |
| 2020s | 3.9% | 2.5% | 6.9% | 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 short-term debt in Algeria?
- Short-term debt in Algeria was 3.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Algeria?
- The highest recorded value was 35.9% in 1986.
- What is the lowest short-term debt recorded in Algeria?
- The lowest recorded value was 0.9% in 2006.
- How does Algeria rank for short-term debt?
- Algeria ranks 92nd out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Algeria?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.