Algeria 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$247.63 billion
↑ 9.74% vs 2022GDP per Capita
$5,364.03
↑ 8.11% vs 2022GDP Growth (Annual %)
4.10%
↑ 0.50pp vs 2022Inflation Rate (CPI %)
9.32%
↑ 0.06pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $225.64 billion | $247.63 billion | +9.74% |
| GDP per Capita | $4,961.55 | $5,364.03 | +8.11% |
| GDP Growth (Annual %) | 3.60% | 4.10% | +0.50pp |
| Inflation (CPI %) | 9.27% | 9.32% | +0.06pp |
| Unemployment Rate (%) | 12.35% | 11.70% | -0.65pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $247.63 billion
- GDP per Capita
- $5,364.03
- GDP Growth (Annual %)
- 4.10%
- Gross National Income
- $244.04 billion
Prices & Employment
- Inflation (CPI %)
- 9.32%
- Inflation (GDP Deflator %)
- 0.85%
- Unemployment Rate (%)
- 11.70%
- Interest Rate (Real %)
- 7.08%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 2.57%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Algeria's Gross Domestic Product (GDP) is $247.63 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Algeria for 2023 is $5,364.03. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Algeria for 2023 is 9.32%. This measures the annual percentage change in the cost of consumer goods and services.
Algeria's annual GDP growth rate for 2023 is 4.10%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Algeria for 2023 is 11.70%. This represents the percentage of the labor force that is unemployed and actively seeking employment.