Algeria Economic Statistics and Indicators

22, Sep 2020, EDT. Welcome to the Algeria economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Algeria › Change country
National or Regional Currency: Algerian Dinar, DZD
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 38,813,722 (July 2014 est.)
Area: total: 2,381,741 sq km ; land: 2,381,741 sq km ; water: 0 sq km
Natural Resources: petroleum, natural gas, iron ore, phosphates, uranium, lead, zinc
Capital: name: Algiers ; geographic coordinates: 36 45 N, 3 03 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)

Algeria's economy remains dominated by the state, a legacy of the country's socialist postindependence development model. In recent years the Algerian Government has halted the privatization of state-owned industries and imposed restrictions on imports and foreign involvement in its economy. Hydrocarbons have long been the backbone of the economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has the 10th-largest reserves of natural gas in the world and is the sixth-largest gas exporter. It ranks 16th in oil reserves. Strong revenues from hydrocarbon exports have brought Algeria relative macroeconomic stability, with foreign currency reserves approaching $200 billion and a large budget stabilization fund available for tapping. In addition, Algeria's external debt is extremely low at about 2% of GDP. However, Algeria has struggled to develop non-hydrocarbon industries because of heavy regulation and an emphasis on state-driven growth. The government's efforts have done little to reduce high youth unemployment rates or to address housing shortages. A wave of economic protests in February and March 2011 prompted the Algerian Government to offer more than $23 billion in public grants and retroactive salary and benefit increases, moves which continue to weigh on public finances. Long-term economic challenges include diversifying the economy away from its reliance on hydrocarbon exports, bolstering the private sector, attracting foreign investment, and providing adequate jobs for younger Algerians.
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GDP (Constant Prices, National Currency) for Algeria in year 2015 is DZD 7,041.22 Billion.

GDP Growth (Constant Prices, National Currency) for Algeria in year 2015 is 3.737 %.

GDP (Current Prices, National Currency) for Algeria in year 2015 is DZD 17,352.44 Billion.

GDP (Current Prices, US Dollars) for Algeria in year 2015 is US$ 172.278 Billion.

GDP Deflator for Algeria in year 2015 is 246.441 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Algeria in year 2015 is DZD 176,488.15 .

GDP Per Capita (Current Prices, National Currency) for Algeria in year 2015 is DZD 434,938.81 .

GDP Per Capita (Current Prices, US Dollars) for Algeria in year 2015 is US$ 4,318.14 .

GDP (PPP), US Dollars for Algeria in year 2015 is US$ 578.651 Billion.

GDP Per Capita (PPP), US Dollars for Algeria in year 2015 is US$ 14,503.88 .

GDP Share of World Total (PPP) for Algeria in year 2015 is 0.51 %.

Implied PPP Conversion Rate for Algeria in year 2015 is 29.988 .

Investment (% of GDP) for Algeria in year 2015 is 50.314 %.

Gross National Savings (% of GDP) for Algeria in year 2015 is 34.618 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Algeria in year 2015 is 172.653 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Algeria in year 2015 is 4.784 %.

Inflation, End of Year (Indexed to Year 2000) for Algeria in year 2015 is 176.08 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Algeria in year 2015 is 4.362 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Algeria in year 2015 is -6.407 %.

Import Volumes of Goods Only (Percent Change) for Algeria in year 2015 is -6.407 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Algeria in year 2015 is 6.244 %.

Export Volumes of Goods Only (Percent Change) for Algeria in year 2015 is 1.394 %.

Unemployment Rate (% of Labour Force) for Algeria in year 2015 is 11.265 %.

Population for Algeria in year 2015 is 39.896 Million .

General government revenue (National Currency) for Algeria in year 2015 is DZD 5,051.49 Billions.

General government revenue (% of GDP) for Algeria in year 2015 is 29.111 %.

General government total expenditure (National Currency) for Algeria in year 2015 is DZD 7,712.11 Billions.

General government total expenditure (% of GDP) for Algeria in year 2015 is 44.444 %.

Total Government Net Lending/ Borrowing (National Currency) for Algeria in year 2015 is DZD -2,660.62 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Algeria in year 2015 is -15.333 %.

Fiscal Year Gross Domestic Product, Current Prices for Algeria in year 2015 is DZD 17,352.44 Billions.

Current Account Balance (US Dollars) for Algeria in year 2015 is US$ -27.041 Billion.

Current Account Balance (% GDP) for Algeria in year 2015 is -15.696 %.