Algeria GDP Growth

GDP Growth Rate

Year -

3.3%

In 2024, Algeria experienced a significant a decrease in its GDP growth rate, which fall to 3.3% from 4.1% in 2023. Additionally, the GDP per capita growth rate in Algeria decrease to 1.87% in 2024, compared to 2.55% in 2023.

Algeria GDP Growth

In 2024, Algeria experienced a decrease in economic performance, with the GDP growth rate falling by 0.8%. Additionally, the GDP per capita growth rate decrease by 0.68%.

Algeria Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Algeria Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961-13.61%-13.61%-15.12%-15.12%
1962-19.69%-6.08%-20.85%-5.73%
196334.31%54.00%32.28%53.13%
19645.84%-28.47%4.12%-28.16%
19656.21%0.37%4.61%0.49%
1966-4.8%-11.01%-6.5%-11.11%
19679.45%14.25%7.02%13.52%
196810.8%1.35%8.3%1.28%
19698.43%-2.37%5.99%-2.31%
19708.86%0.43%6.43%0.44%
1971-11.33%-20.19%-13.31%-19.74%
197227.42%38.75%24.53%37.84%
19733.81%-23.61%1.39%-23.14%
19747.49%3.68%4.92%3.53%
19755.05%-2.44%1.39%-3.53%
19768.39%3.34%3.56%2.17%
19775.26%-3.13%1.5%-2.06%
19789.21%3.95%6.15%4.65%
19797.48%-1.73%4.32%-1.83%
19800.79%-6.69%-2.3%-6.62%
19813%2.21%-0.29%2.01%
19826.4%3.40%2.91%3.20%
19835.4%-1.00%1.88%-1.03%
19845.6%0.20%2.06%0.18%
19853.7%-1.90%0.23%-1.83%
19860.4%-3.30%-2.85%-3.08%
1987-0.7%-1.10%-3.66%-0.81%
1988-1%-0.30%-3.73%-0.07%
19894.4%5.40%1.68%5.41%
19900.8%-3.60%-1.67%-3.35%
1991-1.2%-2.00%-3.53%-1.86%
19921.8%3.00%-0.65%2.88%
1993-2.1%-3.90%-4.43%-3.78%
1994-0.9%1.20%-3.07%1.36%
19953.8%4.70%1.67%4.74%
19964.1%0.30%2.08%0.41%
19971.1%-3.00%-0.77%-2.85%
19985.1%4.00%3.44%4.21%
19993.2%-1.90%1.78%-1.66%
20003.8%0.60%2.36%0.58%
20013%-0.80%1.6%-0.76%
20025.4%2.40%4.01%2.41%
20036.5%1.10%5.09%1.08%
20044.5%-2.00%3.05%-2.04%
20055.4%0.90%3.87%0.82%
20062.9%-2.50%1.33%-2.54%
20073.1%0.20%1.39%0.06%
20082.5%-0.60%0.65%-0.74%
20091.2%-1.30%-0.72%-1.37%
20104.8%3.60%2.78%3.50%
20113%-1.80%1%-1.78%
20122.4%-0.60%0.38%-0.62%
20132.6%0.20%0.55%0.17%
20144.1%1.50%2%1.45%
20153.2%-0.90%1.1%-0.90%
20163.9%0.70%1.79%0.69%
20171.5%-2.40%-0.54%-2.33%
20181.4%-0.10%-0.55%-0.01%
20190.9%-0.50%-0.94%-0.39%
2020-5%-5.90%-6.61%-5.67%
20213.8%8.80%2.13%8.74%
20223.6%-0.20%1.97%-0.16%
20234.1%0.50%2.55%0.58%
20243.3%-0.80%1.87%-0.68%