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Indicators of economy in Algeria

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Algeria reached 3.974 US Dollar per capita. The gross national product has been at 4.010 US Dollar per capita. Algeria is therefore currently ranked 55 of the major economies.

Inflation in Algeria was in 2019 at around 1.95%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 54.00% lower.
The Corruption Perceptions Index for the public sector counts 35 and is compared to other countries bad.


Back to overview: Algeria

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Algeria
Total
Algeria
per capita
EU
Total
EU
per capita
GDP171.09 bn USD3,973.96 USD15,626.45 tn USD30,381.17 USD
Gross national product172.48 bn USD4,006.13 USD16,026.52 tn USD31,158.99 USD


Algeria ranked 59th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1979 - 2019



Im- and Exports 2017

 Algeria
Total
Algeria
per capita
EU
Total
EU
per capita
Imports60.13 bn USD1,396.60 USD8,073.39 bn USD15,696.41 USD
Exports37.57 bn USD872.68 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2017

Exports
Imports