Algeria GDP Growth

GDP Growth Rate

Year -

4.10%

In 2023, Algeria experienced a significant an increase in its GDP growth rate, which rise to 4.10% from 3.60% in 2022. Additionally, the GDP per capita growth rate in Algeria increase to 2.49% in 2023, compared to 1.93% in 2022.

Algeria GDP Growth

In 2023, Algeria experienced a increase in economic performance, with the GDP growth rate rising by 0.5%. Additionally, the GDP per capita growth rate increase by 0.56%.

Algeria Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Algeria Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
1961-13.61%-13.61%-15.13%-15.13%
1962-19.69%-6.08%-20.91%-5.78%
196334.31%54.00%32.17%53.08%
19645.84%-28.47%4.02%-28.15%
19656.21%0.37%4.47%0.45%
1966-4.8%-11.01%-6.56%-11.03%
19679.45%14.25%7.05%13.61%
196810.8%1.35%8.33%1.28%
19698.43%-2.37%6.02%-2.31%
19708.86%0.43%6.46%0.44%
1971-11.33%-20.19%-13.31%-19.77%
197227.42%38.75%24.52%37.83%
19733.81%-23.61%1.38%-23.14%
19747.49%3.68%4.89%3.51%
19755.05%-2.44%1.23%-3.66%
19768.39%3.34%3.29%2.06%
19775.26%-3.13%1.37%-1.92%
19789.21%3.95%6.13%4.76%
19797.48%-1.73%4.32%-1.81%
19800.79%-6.69%-2.29%-6.61%
19813%2.21%-0.26%2.03%
19826.4%3.40%2.95%3.21%
19835.4%-1.00%1.92%-1.03%
19845.6%0.20%2.09%0.17%
19853.7%-1.90%0.24%-1.85%
19860.4%-3.30%-2.89%-3.13%
1987-0.7%-1.10%-3.66%-0.77%
1988-1%-0.30%-3.68%-0.02%
19894.4%5.40%1.69%5.37%
19900.8%-3.60%-1.68%-3.37%
1991-1.2%-2.00%-3.53%-1.85%
19921.8%3.00%-0.54%2.99%
1993-2.1%-3.90%-4.27%-3.73%
1994-0.9%1.20%-2.97%1.30%
19953.8%4.70%1.83%4.80%
19964.1%0.30%2.28%0.45%
19971.1%-3.00%-0.59%-2.87%
19985.1%4.00%3.52%4.11%
19993.2%-1.90%1.77%-1.75%
20003.8%0.60%2.35%0.58%
20013%-0.80%1.59%-0.76%
20025.4%2.40%3.99%2.40%
20036.5%1.10%5.07%1.08%
20044.5%-2.00%3.04%-2.03%
20055.4%0.90%3.97%0.93%
20062.9%-2.50%1.43%-2.54%
20073.1%0.20%1.44%0.01%
20082.5%-0.60%0.76%-0.68%
20091.2%-1.30%-0.6%-1.36%
20104.8%3.60%2.87%3.47%
20113%-1.80%1.06%-1.81%
20122.4%-0.60%0.43%-0.63%
20132.6%0.20%0.6%0.17%
20144.1%1.50%2.06%1.46%
20153.2%-0.90%1.16%-0.90%
20163.9%0.70%1.85%0.69%
20171.5%-2.40%-0.47%-2.32%
20181.4%-0.10%-0.51%-0.04%
20190.9%-0.50%-0.94%-0.43%
2020-5%-5.90%-6.63%-5.69%
20213.8%8.80%2.09%8.72%
20223.6%-0.20%1.93%-0.16%
20234.1%0.50%2.49%0.56%