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 (2017): Italy, China, and France
Top 3 Exported Goods (2017): Oil & Mineral Fuels, Inorganic Chemicals , and Fertilizers

Top Industries Source: CIA World Factbook

Petroleum; Natural Gas; Light Industries; Mining

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $494,125,149,907 (2020)
GDP Growth Rate (annual %) -5.481% (2020)
GDP Per Capita, PPP (current international) $11,268 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 42/197 (2020)

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 %) 2.415% (2020)
External debt stocks, total (DOD, current US$) $5,492,302,707 (2019)
Total tax rate (% of commercial profits) 66.1% (2019)
Real Interest Rate (5 year average %) 13.312% (2020)
Manufacturing, value added (% of GDP) 23.836% (2019)
Current Account Balance (BoP, current US$) ($17,147,722,730) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 12,231,916 (2020)
Employment in Agriculture (% of total employment) 9.708% (2020)
Employment in Industry (% of total employment) 30.654% (2020)
Employment in Services (% of total employment) 59.638% (2020)
Unemployment Rate 12.83% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $40,849,824,258 (2020)
Exports of goods and services (current US$) $24,809,334,200 (2020)
Total Merchandise Trade (% of GDP) 39.017% (2020)
FDI, net inflows (BoP, current US$) $1,381,269,144 (2019)
Commercial Service Exports (current US$) $3,153,648,108 (2019)
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