What is the GDP of Algeria?

Algeria's GDP is approximately $269.3 billion USD. The GDP growth rate is 3.7%.

What is the population of Algeria?

Algeria has a population of approximately 46.8 million people. The population growth rate is 1.4%.

What is the inflation rate in Algeria?

The inflation rate in Algeria is 4%.

What is the unemployment rate in Algeria?

The unemployment rate in Algeria is 11.6%.

What is the GDP per capita of Algeria?

Algeria's GDP per capita is approximately $5,753 USD.

Is Algeria a good country to invest in?

Algeria has an investment score of 38/100, classified as "Caution" risk. Key sectors include Oil & Gas, Agriculture, Petrochemicals. Credit rating: NR.

How open is Algeria's economy to trade?

Algeria's trade openness (trade as % of GDP) is 40%. Exports total approximately $53.5B and imports $54.6B.

How much foreign investment does Algeria attract?

Foreign direct investment (FDI) in Algeria is 0.5% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Algeria?

Algeria's economy is composed of services (47% of GDP), industry (36% of GDP), and agriculture (14% of GDP).

Can I start a business in Algeria as a foreigner?

Algeria offers various options for foreign entrepreneurs. Visit our business setup guide for Algeria for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Algeria's economy growing?

Algeria's GDP growth rate is 3.7%. This is above the global average, indicating strong economic momentum.

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Algeria Economy Overview

Name: Algeria Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Middle East & North AfricaLower MiddleCapital: AlgiersDZA

Caution

Growing

269.3B USD

GDP (Nominal)

Growing at 3.7%

$5,753

GDP Per Capita

Middle income level

46.8M

Population

+1.4% annual growth

Stable

Inflation

Moderate

40%of GDP

Trade Openness

0.5%of GDP

FDI Inflows

Public Debt

High

11.6%

Unemployment

Deficit

-$1.1B

Trade Balance

GDP

Billion USD, nominal

$269.3B

2024+21.4B

GDP Growth

Annual %

3.7%

2024-0.4%

Inflation

Consumer prices, annual %

2024-5.3%

Population

Millions

46.8M

2024+0.7M

Economic Structure

Services47%

Industry36%

Agriculture14%

Investment Score Breakdown

Economic Health (30%)38

Political Safety (25%)28

Business Climate (20%)32

Financial Strength (15%)42

Growth Potential (10%)48

Key Sectors

Oil & Gas

22% of GDP

declining

Agriculture

12% of GDP

stable

Petrochemicals

5% of GDP

stable

Construction

8% of GDP

stable

Should I Invest in Algeria?

CautionSetup: ModerateROI: Moderate

Algeria scores 38/100 on the NationsData Investment Index, rated "Caution". Growth is healthy at 3.2%.

Investment Score38/100

GDP Growth3.2%

Inflation7.8%

FDI/GDP0.8%

Public Debt48.5%

Political Stability-0.8

Strengths

+Healthy GDP growth at 3.2%

Risks

-Significant political instability - governance risks may affect business continuity
-Elevated inflation (7.8%) - factor into pricing strategy
-Corruption is a significant concern - budget for compliance and due diligence

Also Consider

Egypt

Same region, similar income level

Tunisia

Same region, similar income level

Morocco

Same region, similar income level

Iran

Same region, similar income level

Countries Similar to Algeria

Based on investment profile, economic size, growth rate, and region

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Tunisia

Similar investment profile · Similar risk level

94% match

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Egypt

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93% match

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Iran

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93% match

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Morocco

Similar income level · Similar growth rate

91% match

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Jordan

Similar income level · Similar growth rate

89% match

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