Algeria GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$269.32

Source: world bank Nominal/PPP
Summary:

Algeria GDP Per Capita expanded from 1960 to 2024, increasing from $2.72 to $269.32 .The compound annual growth rate (CAGR) averaged 7.44% over the period. The economy recorded its peak level in 2024 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 37.44%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Algeria 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 269.32 dollars$ 824.90 Int dollars
Growth (YoY)8.631%6.208%
Net Change vs Previous Year$ 21.40 dollars$ 48.21 Int dollars
% of World GDP Per Capita0.24%0.42%
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
19602.72-----
19612.43-0.29-10.606 %---
19622-0.43-17.797 %---
19632.70.735.052 %---
19642.910.217.634 %---
19653.140.237.801 %---
19663.04-0.1-3.075 %---
19673.370.3310.889 %---
19683.850.4814.278 %---
19694.260.4110.516 %---
19704.860.6114.241 %---
19715.080.214.393 %---
19726.771.6933.278 %---
19738.711.9428.686 %---
197413.214.551.701 %---
197515.562.3517.775 %---
197617.732.1713.95 %---
197720.973.2418.298 %---
197826.365.3925.712 %---
197933.246.8826.093 %---
198042.359.127.38 %---
198144.3524.73 %---
198245.210.861.936 %---
198348.83.597.951 %---
198453.74.910.035 %---
198557.944.247.895 %---
198663.695.759.932 %---
198766.753.054.795 %---
198859.09-7.66-11.471 %---
198955.63-3.45-5.847 %---
199062.056.4111.528 %192.91--
199145.72-16.33-26.323 %197.044.132.141 %
1992482.295.004 %205.168.124.12 %
199349.951.944.047 %205.610.450.221 %
199442.54-7.4-14.821 %208.112.51.216 %
199541.76-0.78-1.831 %220.5512.445.977 %
199646.945.1812.396 %233.813.256.005 %
199748.181.242.633 %240.446.652.844 %
199848.190.010.021 %255.5515.16.281 %
199948.640.450.94 %267.4611.914.66 %
200054.796.1512.643 %283.9116.456.151 %
200159.414.628.438 %299.0115.15.319 %
200261.522.13.539 %320.0521.047.038 %
200373.4811.9719.452 %347.5927.538.603 %
200491.9118.4325.083 %37325.417.31 %
2005107.0515.1316.465 %405.4732.478.705 %
2006123.0816.0414.981 %430.0924.636.073 %
2007142.4819.415.761 %455.4425.355.893 %
2008180.3837.926.6 %475.8220.384.475 %
2009150.32-30.07-16.668 %484.58.681.824 %
2010177.7927.4718.273 %513.9229.436.074 %
2011218.3340.5522.807 %540.2626.345.125 %
2012227.148.814.036 %543.663.40.629 %
2013229.72.561.126 %552.048.381.542 %
2014238.949.244.023 %576.0824.044.355 %
2015187.49-51.45-21.532 %552.56-23.52-4.083 %
2016180.76-6.73-3.589 %548.95-3.62-0.655 %
2017189.889.125.044 %562.5413.592.476 %
2018194.554.672.461 %583.4720.933.722 %
2019193.46-1.09-0.562 %601.47183.085 %
2020164.87-28.59-14.777 %558.3-43.17-7.178 %
2021186.2321.3612.954 %648.990.616.227 %
2022225.5839.3521.13 %720.1871.2910.986 %
2023247.9222.349.904 %776.6956.517.846 %
2024269.3221.48.631 %824.948.216.208 %

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 (1981–1982) indicating steady moderate growth
  • High Growth (1983–1986) indicating robust economic expansion
  • Expansion (1997–1999) indicating steady moderate growth
  • 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 (2012–2014) indicating steady moderate growth
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1974 with an increase of 51.701%, while the largest decline was in 1991 at -26.323%.