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Trading Basics

Algeria

Capital
Algiers
Region
Middle East, North Africa, Afghanistan & Pakistan
Income group
Upper middle income
Population
47.4 million (2025)

At a glance

  • Prices in Algeria rose 1.4% in 2025, slower than in most countries.
  • Algeria's economy grew 3.8% in 2025, faster than most economies.
  • Output per person in Algeria was US$6,051 in 2025, close to the middle of the range worldwide.
  • 11.6% of Algeria's labour force had no job in 2025, a higher share than in most countries.
  • Algeria had 47.4 million people in 2025: about 0.6% of everyone on Earth, the 33rd largest population of 217 countries and territories.
  • Algeria had a current account deficit of 8.8% of GDP in 2025, lower than in most countries.

Consumer prices, change over the year (yearly average)

1.4%
World median 3.0%

Since 2000

Show the numbers
Inflation in Algeria and the world median, last ten years
YearAlgeriaWorld median
20251.4%3.0%
20244.1%3.0%
20239.3%5.7%
20229.3%8.0%
20217.2%3.5%
20202.4%1.9%
20192.0%2.2%
20184.3%2.5%
20175.6%2.3%
20166.4%1.6%

Real GDP, change over the year

3.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Algeria and the world median, last ten years
YearAlgeriaWorld median
20253.8%3.4%
20243.7%3.4%
20234.1%3.2%
20223.6%4.3%
20213.8%5.1%
2020−5.0%−3.8%
20190.9%2.8%
20181.4%3.2%
20171.5%3.3%
20163.9%3.1%

GDP divided by population, in US dollars at current prices

US$6,051
World median US$7,882

Since 2000

Show the numbers
GDP per person in Algeria and the world median, last ten years
YearAlgeriaWorld median
2025US$6,051US$7,882
2024US$5,753US$7,853
2023US$5,370US$7,862
2022US$4,960US$7,656
2021US$4,161US$7,269
2020US$3,744US$6,433
2019US$4,468US$7,037
2018US$4,577US$6,978
2017US$4,555US$6,548
2016US$4,425US$5,982

Share of the labour force without a job (ILO modelled estimate)

11.6%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Algeria and the world median, last ten years
YearAlgeriaWorld median
202511.6%5.1%
202411.7%5.1%
202311.7%5.2%
202212.4%5.3%
202113.7%6.0%
202014.1%6.4%
201912.3%5.4%
201812.1%5.4%
201712.0%5.6%
201610.2%5.9%

Everyone living in the country, mid-year

47.4 million

Since 2000

Show the numbers
Population in Algeria and the world median, last ten years
YearAlgeria
202547.4 million
202446.8 million
202346.2 million
202245.5 million
202144.8 million
202044.0 million
201943.3 million
201842.5 million
201741.7 million
201640.9 million

Current account balance, % of GDP

−8.8%
World median −0.8%

Since 2005

Show the numbers
Current account balance in Algeria and the world median, last ten years
YearAlgeriaWorld median
2025−8.8%−0.8%
2024−1.1%−1.3%
20232.6%−1.2%
20228.6%−3.0%
2021−2.4%−2.4%
2020−11.0%−1.7%
2019−8.8%−2.1%
2018−8.7%−2.9%
2017−11.6%−2.1%
2016−14.5%−2.8%

No recent World Bank figure for Algeria: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Algeria since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.