Economic Trivia

Algeria has the world's tenth largest natural gas reserves, and is the sixth largest exporter of gas.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): Italy, China, and France
Top 3 Exported Goods (2016): Oil & Mineral Fuels, Fertilizers , and Inorganic Chemicals

Top Industries Source: CIA World Factbook

Petroleum; Natural Gas; Light Industries; Mining

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $631,150,081,000 (2017)
GDP Growth Rate (annual %) 1.7% (2017)
GDP Per Capita, PPP (current international) $15,275 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 35/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 6.398% (2016)
External debt stocks, total (DOD, current US$) $5,466,348,000 (2016)
Total tax rate (% of commercial profits) 65.6% (2017)
Real Interest Rate (5 year average %) 1.123% (2017)
Manufacturing, value added (% of GDP) 5.485% (2017)
Current Account Balance (BoP, current US$) ($26,178,953,918) (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 12,106,254 (2017)
Employment in Agriculture (% of total employment) 12.826% (2017)
Employment in Industry (% of total employment) 46.976% (2017)
Employment in Services (% of total employment) 40.198% (2017)
Unemployment Rate 10.019% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $61,905,841,962 (2017)
Exports of goods and services (current US$) $40,941,526,317 (2017)
Total Merchandise Trade (% of GDP) 47.575% (2017)
FDI, net inflows (BoP, current US$) $1,637,370,975 (2016)
Commercial Service Exports (current US$) $3,143,039,328 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Algeria’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank