Algeria GDP Annual Growth Rate: 3.8% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Algeria is estimated to be $223 Billion US dollars at the end of 2024.

The economy of Algeria has grown at an average annual growth rate of 3.8% in the last four years and is ranked the 4th largest economy in Africa, ahead of Ethiopia.

World Economics Rates Algeria's Offical GDP Data as Grade C

GDP Annual Growth Rate: Algeria


Source: World Bank, World Economics
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Economic Indicators: Algeria 2021 2022 2023 2024
GDP Annual Growth Rate (%) 3.8 3.6 4.1 3.8
GDP per Capita Annual Growth Rate (%) 2.1 2.0 2.6 2.1
Real GDP (US$ Billions, 2010) 199 207 215 223
Real GDP per Capita (US$, 2010) 4,457 4,544 4,660 4,756
Current GDP (Billions, US$) 186 226 248 257
Current GDP per Capita (US$) 4,161 4,962 5,364 5,474
Real GDP PPP (Billions, 2017) 570 588 613 637
Real GDP per Capita PPP (int$ 2017) 10,931 11,256 11,369 11,642
Data Quality Rating for Algeria See how much you can trust Algeria's GDP Data




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ALGERIA'S ECONOMICS
ALGERIA'S DEMOGRAPHY
ALGERIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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