Algeria 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$256.93 billion
↑ 3.76% vs 2023GDP per Capita
$5,565.49
↑ 3.76% vs 2023GDP Growth (Annual %)
3.76%
↓ 0.34pp vs 2023Inflation Rate (CPI %)
4.05%
↓ 5.28pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $247.63 billion | $256.93 billion | +3.76% |
| GDP per Capita | $5,364.03 | $5,565.49 | +3.76% |
| GDP Growth (Annual %) | 4.10% | 3.76% | -0.34pp |
| Inflation (CPI %) | 9.32% | 4.05% | -5.28pp |
| Unemployment Rate (%) | 11.70% | 11.43% | -0.27pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $256.93 billion
- GDP per Capita
- $5,565.49
- GDP Growth (Annual %)
- 3.76%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 4.05%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 11.43%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Algeria's Gross Domestic Product (GDP) is $256.93 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Algeria for 2024 is $5,565.49. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Algeria for 2024 is 4.05%. This measures the annual percentage change in the cost of consumer goods and services.
Algeria's annual GDP growth rate for 2024 is 3.76%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Algeria for 2024 is 11.43%. This represents the percentage of the labor force that is unemployed and actively seeking employment.