Markets Actual Q3 Q4 Q1 Q2 2022
Currency 135.04 136 137 137 137 138

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 3.8 3.4 1.8 2 2.3
Unemployment Rate (%) 11.40 16 15.4 16.2 15.7 15
Inflation Rate (%) 4.12 4.6 4.3 3.6 3 4
Interest Rate (%) 3.00 3 3 3 3.25 3.25
Balance of Trade (USD Million) -1400.00 600 -478 -478 -478 1000
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (% of GDP) -10.80 -8 -8 -9.2 -9.2 -9.2
Government Debt to GDP (% of GDP) 57.20 65 65 70 70 70
Government Budget (% of GDP) -11.50 -12 -12 -10.6 -10.6 -10.6
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 3.8 3.4 1.8 2 2.3
GDP (USD Billion) 145.16 155 155 155 155 165
GDP Constant Prices (DZD Billion) 20284.20 21055 20974 20649 20690 21456
Gross Fixed Capital Formation (DZD Million) 7904609.90 8204985 8209930 8046893 8062702 8361354
GDP per capita (USD) 4362.74 4600 4600 4600 4600 4700
GDP per capita PPP (USD) 10681.68 10750 10750 10750 10750 11000
GDP From Agriculture (DZD Billion) 2429.40 2502 2436 2512 2473 2570
GDP From Construction (DZD Billion) 2386.80 2458 2260 2468 2430 2525
GDP From Public Administration (DZD Billion) 3120.20 3214 3390 3226 3176 3300
GDP From Services (DZD Billion) 5577.60 5790 5501 5678 5689 5900

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 11.40 16 15.4 16.2 15.7 15
Unemployed Persons (Thousand) 1449.00 1720 1740 1740 1740 1740
Labor Force Participation Rate (%) 42.20 41.5 41.6 41.6 41.6 41.6
Population (Million) 44.23 45.2 45.5 45.5 45.5 46.6
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 60.00 60 60 60 60 60
Youth Unemployment Rate (%) 26.90 29.6 30.6 30.6 30.6 31
Employed Persons (Thousand) 11281.00 10875 10900 10900 10900 10900

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.12 4.6 4.3 3.6 3 4
Producer Prices (points) 1524.30 1518 1471 1581 1575 1591
Food Inflation (%) 3.79 6 4.5 3.7 3.2 2
Inflation Rate Mom (%) -1.10 1.1 1.2 0.7 -0.1 0.6
Producer Prices Change (%) 5.35 3.4 4 3.7 3.3 3
Consumer Price Index CPI (points) 234.70 235 235 241 242 245
CPI Transportation (points) 221.19 230 230 229 228 239

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.00 3 3 3 3.25 3.25
Deposit Interest Rate (%) 1.75 1.75 1.75 1.75 2 2
Foreign Exchange Reserves (USD Million) 55000.00 27000 20000 20000 20000 30000

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -1400.00 600 -478 -478 -478 1000
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (% of GDP) -10.80 -8 -8 -9.2 -9.2 -9.2
Imports (USD Million) 10200.00 12400 12500 12500 12500 12500
Exports (USD Million) 8798.00 13000 13500 13500 13500 13500
Crude Oil Production (BBL/D/1K) 921.00 1220 1190 1190 1190 1150
Tourist Arrivals (Thousand) 2371.00 2000 2000 2000 2000 2150
Foreign Direct Investment (USD Billion) 0.32 0.48 0.55 0.55 0.55 0.55

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 57.20 65 65 70 70 70
Government Budget (% of GDP) -11.50 -12 -12 -10.6 -10.6 -10.6
Government Spending (DZD Million) 432190.90 445157 564862 446885 439970 457164

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 19.00 19 19 19 19 19
Social Security Rate (%) 35.00 35 35 35 35 35
Social Security Rate For Companies (%) 26.00 26 26 26 26 26
Social Security Rate For Employees (%) 9.00 9 9 9 9 9

Business Actual Q3 Q4 Q1 Q2 2022
Industrial Production (%) 0.40 3 1.5 1.5 1.5 2
Manufacturing Production (%) 3.90 2.7 3.5 3.5 3.5 3
Mining Production (Percent) -4.50 1.8 1.6 1.6 1.6 3

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (DZD Million) 8748021.60 9080446 8579378 8905486 8922982 9253500


This page has economic forecasts for Algeria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Algeria economy.