Algeria GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$5,752.99

Source: world bank Nominal/PPP
Summary:

Algeria GDP Per Capita expanded from 1960 to 2024, increasing from $238.39 to $5,752.99 .The compound annual growth rate (CAGR) averaged 5.1% over the period. The economy recorded its peak level in 2014 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 48.48%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Latest GDP Per Capita of Algeria 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 5,752.99 dollars$ 17,620.74 Int dollars
Growth (YoY)7.123%4.733%
Net Change vs Previous Year$ 382.51 dollars$ 796.25 Int dollars
% of World GDP Per Capita5.18%8.82%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Algeria GDP | Algeria GDP Growth

Algeria Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960238.39-----
1961209.37-29.02-12.174 %---
1962169.6-39.77-18.994 %---
1963225.5855.9833.008 %---
1964238.8613.285.887 %---
1965253.6214.766.179 %---
1966241.45-12.17-4.8 %---
1967261.7920.348.426 %---
1968292.4430.6411.705 %---
1969315.9123.488.029 %---
1970352.8536.9311.69 %---
1971360.117.272.059 %---
1972469.03108.9230.246 %---
1973589.52120.4925.689 %---
1974872.89283.3748.068 %---
1975992.3119.4113.68 %---
19761080.3988.088.877 %---
19771232.49152.1114.079 %---
19781505.94273.4522.187 %---
19791843.12337.1822.39 %---
19802275.78432.6623.474 %---
19812307.3331.551.387 %---
19822274.88-32.46-1.407 %---
19832373.8398.954.35 %---
19842524.38150.566.342 %---
19852632.52108.144.284 %---
19862800.2167.696.37 %---
19872847.0846.871.674 %---
19882450.87-396.21-13.916 %---
19892247.46-203.41-8.3 %---
19902445.18197.728.798 %7602.19--
19911759.11-686.07-28.058 %7582.07-20.12-0.265 %
19921802.6943.582.477 %7704.52122.441.615 %
19931831.0528.361.573 %7537.94-166.58-2.162 %
19941525.54-305.51-16.685 %7462.65-75.29-0.999 %
19951466.95-58.59-3.841 %7746.72284.073.807 %
19961616.83149.8810.217 %8052.77306.053.951 %
19971628.7611.930.738 %8128.876.030.944 %
19981603.37-25.39-1.559 %8502.89374.094.602 %
19991596.12-7.25-0.452 %8776.44273.553.217 %
20001772.93176.8111.078 %9186.82410.374.676 %
20011896.3123.376.959 %9543.52356.73.883 %
20021937.4641.162.171 %10080.18536.665.623 %
20032283.77346.3117.874 %10802.75722.577.168 %
20042816.99533.2223.348 %11431.69628.945.822 %
20053233.13416.1414.772 %12246.27814.587.126 %
20063660.66427.5313.223 %12791.34545.074.451 %
20074167.45506.7913.844 %13320.96529.624.14 %
20085180.921013.4724.319 %13666.22345.252.592 %
20094235.43-945.49-18.249 %13651.45-14.77-0.108 %
20104912.79677.3615.993 %14201.37549.924.028 %
20115916.311003.5320.427 %14639.88438.513.088 %
20126033.65117.341.983 %14441.33-198.55-1.356 %
20135979.6-54.05-0.896 %14370.82-70.51-0.488 %
20146094.69115.091.925 %14694.14323.322.25 %
20154685.06-1409.63-23.129 %13807.35-886.79-6.035 %
20164424.99-260.07-5.551 %13437.85-369.51-2.676 %
20174554.67129.682.931 %13493.5655.710.415 %
20184577.2122.540.495 %13727.13233.571.731 %
20194468.45-108.76-2.376 %13892.53165.411.205 %
20203743.54-724.91-16.223 %12676.51-1216.02-8.753 %
20214160.56417.0211.14 %14496.871820.3514.36 %
20224960.3799.7419.222 %15836.091339.239.238 %
20235370.48410.178.269 %16824.49988.396.241 %
20245752.99382.517.123 %17620.74796.254.733 %

Algeria Economic Phases (1960 - 2024)

From 1960 to 2024, Algeria economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Crisis (1961–1962) indicating severe economic downturn
  • High Growth (1963–1965) indicating robust economic expansion
  • High Growth (1967–1970) indicating robust economic expansion
  • High Growth (1972–1980) indicating robust economic expansion
  • Expansion (1992–1993) indicating steady moderate growth
  • Contraction (1998–1999) indicating temporary slowdown
  • High Growth (2000–2001) indicating robust economic expansion
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2017–2018) indicating steady moderate growth
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1974 with an increase of 48.068%, while the largest decline was in 1991 at -28.058%.