The Gross Domestic Product (GDP) in Algeria expanded 1.40 percent in 2018 from the previous year. GDP Growth Rate in Algeria averaged 3.39 percent from 2001 until 2018, reaching an all time high of 6.70 percent in 2003 and a record low of 1.30 percent in 2017.

Algeria GDP Growth Rate
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Algeria GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.50 2.30 6.70 -0.40 percent [+]
GDP 180.69 167.56 213.80 2.00 USD Billion [+]
GDP Constant Prices 198613.00 195871.00 198613.00 36065.00 DZD Billion [+]
Gross Fixed Capital Formation 8202500.00 7698000.00 8202500.00 541826.00 DZD Million [+]
GDP per capita 4815.60 4812.20 4834.20 1638.20 USD [+]
GDP per capita PPP 13886.13 13876.29 13939.94 9174.30 USD [+]
GDP From Agriculture 2491.10 2281.90 2491.10 346.20 DZD Billion [+]
GDP From Construction 2413.30 2202.80 2413.30 271.30 DZD Billion [+]
GDP From Public Administration 3025.50 3064.50 3064.50 424.80 DZD Billion [+]
GDP From Services 5306.50 4867.10 5306.50 770.30 DZD Billion [+]


Algeria GDP Growth Rate

Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has $150 billion in foreign currency reserves and a large stabilization fund. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.30 6.70 1.30 2001 - 2018 percent Yearly




Country Last Previous
Indonesia 4.20 Jun/19
South Africa 3.10 Jun/19
United States 2.00 Jun/19
China 1.60 Jun/19
Turkey 1.20 Jun/19
India 1.00 Jun/19
South Korea 1.00 Jun/19
Canada 0.90 Jun/19
Australia 0.50 Jun/19
Netherlands 0.50 Jun/19
Spain 0.50 Jun/19
Brazil 0.40 Jun/19
France 0.30 Jun/19
Japan 0.30 Jun/19
Switzerland 0.30 Jun/19
Euro Area 0.20 Jun/19
Italy 0.00 Jun/19
Mexico 0.00 Jun/19
Saudi Arabia 0.00 Mar/19
Germany -0.10 Jun/19
Argentina -0.20 Mar/19
United Kingdom -0.20 Jun/19
Russia -0.40 Mar/19
Singapore -3.30 Jun/19


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