Algeria GDP Growth

GDP Growth Rate

Year -

3.7%

Algeria Annual GDP Growth Table

Source: WorldbankGrowth | Growth Capita

In 2024, Algeria experienced a significant a decrease in its GDP growth rate, which fall to 3.7% from 4.1% in 2023. Additionally, the GDP per capita growth rate in Algeria decrease to 2.26% in 2024, compared to 2.551% in 2023.

Algeria Annual GDP Growth 2024
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961-13.605%-13.61%-15.121%-15.12%
1962-19.685%-6.08%-20.855%-5.73%
196334.314%54.00%32.281%53.14%
19645.839%-28.48%4.121%-28.16%
19656.207%0.37%4.608%0.49%
1966-4.805%-11.01%-6.499%-11.11%
19679.453%14.26%7.021%13.52%
196810.796%1.34%8.302%1.28%
19698.433%-2.36%5.992%-2.31%
19708.863%0.43%6.432%0.44%
1971-11.332%-20.20%-13.314%-19.75%
197227.424%38.76%24.526%37.84%
19733.813%-23.61%1.395%-23.13%
19747.495%3.68%4.921%3.53%
19755.045%-2.45%1.393%-3.53%
19768.387%3.34%3.561%2.17%
19775.259%-3.13%1.505%-2.06%
19789.215%3.96%6.152%4.65%
19797.478%-1.74%4.322%-1.83%
19800.791%-6.69%-2.3%-6.62%
19813%2.21%-0.288%2.01%
19826.4%3.40%2.911%3.20%
19835.4%-1.00%1.884%-1.03%
19845.6%0.20%2.056%0.17%
19853.7%-1.90%0.229%-1.83%
19860.4%-3.30%-2.853%-3.08%
1987-0.7%-1.10%-3.657%-0.80%
1988-1%-0.30%-3.734%-0.08%
19894.4%5.40%1.68%5.41%
19900.8%-3.60%-1.668%-3.35%
1991-1.2%-2.00%-3.527%-1.86%
19921.8%3.00%-0.649%2.88%
1993-2.1%-3.90%-4.427%-3.78%
1994-0.9%1.20%-3.069%1.36%
19953.8%4.70%1.675%4.74%
19964.1%0.30%2.082%0.41%
19971.1%-3.00%-0.767%-2.85%
19985.1%4.00%3.44%4.21%
19993.2%-1.90%1.777%-1.66%
20003.8%0.60%2.357%0.58%
20013%-0.80%1.595%-0.76%
20025.4%2.40%4.007%2.41%
20036.5%1.10%5.093%1.09%
20044.5%-2.00%3.051%-2.04%
20055.4%0.90%3.869%0.82%
20062.9%-2.50%1.326%-2.54%
20073.1%0.20%1.393%0.07%
20082.5%-0.60%0.653%-0.74%
20091.2%-1.30%-0.72%-1.37%
20104.8%3.60%2.779%3.50%
20113%-1.80%1.004%-1.78%
20122.4%-0.60%0.38%-0.62%
20132.6%0.20%0.549%0.17%
20144.1%1.50%2%1.45%
20153.2%-0.90%1.1%-0.90%
20163.9%0.70%1.786%0.69%
20171.5%-2.40%-0.542%-2.33%
20181.4%-0.10%-0.546%0.00%
20190.9%-0.50%-0.94%-0.39%
2020-5%-5.90%-6.612%-5.67%
20213.8%8.80%2.133%8.75%
20223.6%-0.20%1.968%-0.17%
20234.1%0.50%2.551%0.58%
20243.7%-0.40%2.26%-0.29%