Markets Actual Q2 Q3 Q4 Q1 2022
Currency 132.70 133 133 133 133 134

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 2 2.8 3.4 1.8 3.2
Unemployment Rate (%) 11.40 13.3 13 12.8 12.5 12.2
Inflation Rate (%) 3.86 4.5 4.2 3.8 3.6 4
Interest Rate (%) 2.00 2 2 2 2.25 2.5
Balance of Trade (USD Million) -1400.00 600 600 -478 -478 1000
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (%) -10.80 -15.9 -15.5 -15.9 -15.9 -13.7
Government Debt to GDP (%) 57.20 67 67 67 67 75
Government Budget (% of GDP) -11.50 -13.6 -13.6 -13.6 -13.6 -13
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 2 2.8 3.4 1.8 3.2
GDP (USD Billion) 169.99 155 155 155 155 165
GDP Constant Prices (DZD Billion) 20288.40 21303 20694 20856 20978 21650
Gross Fixed Capital Formation (DZD Million) 8207500.00 8617875 8371650 8209930 8486555 8758125
GDP per capita (USD) 4710.60 4600 4600 4600 4600 4700
GDP per capita PPP (USD) 11349.70 10750 10750 10750 10750 11000
GDP From Agriculture (DZD Billion) 2429.40 2551 2478 2436 2512 2592
GDP From Construction (DZD Billion) 2386.80 2506 2435 2260 2468 2547
GDP From Public Administration (DZD Billion) 3120.20 3177 3086 3390 3128 3228
GDP From Services (DZD Billion) 5581.90 5861 5694 5501 5772 5956

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 11.40 13.3 13 12.8 12.5 12.2
Unemployed Persons (Thousand) 1449.00 1720 1720 1740 1740 1740
Labor Force Participation Rate (%) 42.20 41.5 41.5 41.6 41.6 41.6
Population (Million) 44.23 45.2 45.2 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 29.6 30.6 30.6 31
Employed Persons (Thousand) 11281.00 10875 10875 10900 10900 10900

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 3.86 4.5 4.2 3.8 3.6 4
Producer Prices (points) 1465.70 1430 1470 1471 1471 1471
Food Inflation (%) 3.44 1.3 0.6 1.1 1.1 1.4
Inflation Rate Mom (%) 1.40 0.8 1.1 1.1 1.1 1.3
Producer Prices Change (%) 2.20 2.3 2.3 2.6 2.6 2.6
Consumer Price Index CPI (points) 228.60 231 236 248 234 243
CPI Transportation (points) 220.63 224 227 244 229 238

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 2.00 2 2 2 2.25 2.5
Deposit Interest Rate (%) 1.75 1.75 1.75 2 1.75 2
Foreign Exchange Reserves (USD Million) 55000.00 27000 27000 20000 20000 30000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -1400.00 600 600 -478 -478 1000
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (%) -10.80 -15.9 -15.5 -15.9 -15.9 -13.7
Imports (USD Million) 10200.00 12400 12400 12500 12500 12500
Exports (USD Million) 8798.00 13000 13000 13500 13500 13500
Crude Oil Production (BBL/D/1K) 870.00 1220 1220 1190 1190 1150
Tourist Arrivals (Thousand) 2371.00 2000 2000 2000 2000 2150
Foreign Direct Investment (USD Billion) 0.32 0.48 0.48 0.55 0.55 0.55

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 57.20 67 67 67 67 75
Government Budget (% of GDP) -11.50 -13.6 -13.6 -13.6 -13.6 -13
Government Spending (DZD Million) 432190.90 453800 440835 564862 446885 461186

Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2022
Industrial Production (%) -14.10 2.6 3 1.5 1.5 2
Manufacturing Production (%) -26.30 4 2.7 3.5 3.5 3
Mining Production (Percent) -3.60 -3 1.8 1.6 1.6 3

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (DZD Million) 8920100.00 9366105 9098502 8579378 9223383 9518532


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.