Worlddata.info

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 2020 was at about 10.905 US Dollar per capita. In contrast, the GDP in Algeria reached 3.310 US dollars per inhabitant, or 145.16 bn US Dollar in the whole country. Algeria is therefore currently ranked 57 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Algeria is in the list of the world's richest countries in place 101.

Inflation in Algeria was in 2020 at around 2.42%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices for convenience goods are approximately 65.68% lower.
The Corruption Perceptions Index for the public sector counts 36 and is compared to other countries bad.


Back to overview: Algeria

Impact of the Covid-19 pandemic in 2020

The consequences of the Covid pandemic in 2020 were considerable in Algeria. Overall, gross domestic product in 2020 fell from 171.16 billion US Dollar auf 145.16 billion US Dollar. With a large drop of 15.19 percent, the economy in Algeria has struggled significantly more than other countries. The unemployment rate rose from 11.8 to 12.8 percent. The consumer inflation rate has risen from 2.0% previously to 2.4% now.

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Algeria
Total
Algeria
per capita
EU
Total
EU
per capita
GDP145.16 bn USD3,310.39 USD15,276.47 tn USD29,662.47 USD
Gross national product155.73 bn USD3,551.24 USD15,261.33 tn USD29,633.07 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 - 2020



Im- and Exports 2019

 Algeria
Total
Algeria
per capita
EU
Total
EU
per capita
Imports54.26 bn USD1,237.31 USD7,314.16 bn USD14,201.97 USD
Exports38.32 bn USD873.85 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



Algeria: AirportsLargest airports and airlines in AlgeriaThe 24 biggest airports and 2 airlines in Algeria with further information and data
Algeria: OverviewAlgeria: country data and statisticsAlgeria in numbers: demographics, economy, energy, climate and more data and comparisons with other countries.
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.