Markets Actual Q3 Q4 Q1 Q2 2023
Currency 145.91 147 148 148 149 151

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 3.10 2.7 3 2.6 2.3 2.6
Unemployment Rate (%) 11.40 15 16 13.7 13.5 13.5
Inflation Rate (%) 10.00 10 9 9 8.5 8
Interest Rate (%) 3.00 3.5 3.5 3.5 3.5 3.5
Balance of Trade (USD Million) 90.00 -1100 -1300 -1500 -1500 -1600
Current Account (USD Billion) -1.56 -5 -4.5 -5.3 -5.3 -6
Current Account to GDP (% of GDP) -7.80 -1.5 -1.5 -0.5 -0.5 -0.5
Government Debt to GDP (% of GDP) 62.50 60 60 62 62 62
Government Budget (% of GDP) -4.90 -2 -2 -1.9 -1.9 -1.9
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 2023
GDP Annual Growth Rate (%) 3.10 2.7 3 2.6 2.3 2.6
GDP (USD Billion) 145.16 165 165 165 165 170
GDP Constant Prices (DZD Billion) 18383.80 18935 18880 18935 18862 19428
Gross Fixed Capital Formation (DZD Million) 7091600.00 7304348 7283073 7304348 7275982 7494261
GDP per capita (USD) 3815.25 4200 4700 4700 4700 4700
GDP per capita PPP (USD) 10681.68 10750 11000 11000 11000 11000
GDP From Agriculture (DZD Billion) 2598.50 2676 2669 2676 2666 2746
GDP From Construction (DZD Billion) 2285.10 2354 2347 2354 2345 2415
GDP From Public Administration (DZD Billion) 3312.80 3412 3402 3412 3399 3501
GDP From Services (DZD Billion) 4822.90 4968 4953 4968 4948 5097

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 11.40 15 16 13.7 13.5 13.5
Unemployed Persons (Thousand) 1449.00 1740 1740 1740 1740 1740
Labor Force Participation Rate (%) 42.20 43.6 43.8 43.8 43.8 45
Population (Million) 44.23 45.5 46.6 46.6 46.6 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 30.6 31 31 31 31
Employed Persons (Thousand) 11281.00 12000 12000 12000 12000 13000

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 10.00 10 9 9 8.5 8
Producer Prices (points) 1629.70 1829 1820 1793 1776 1936
Food Inflation (%) 13.60 14 12 10 8.5 8
Inflation Rate Mom (%) 1.93 1.5 1.3 0.8 0.4 0.4
Producer Prices Change (%) 9.80 14 10 10 7.8 8
Consumer Price Index CPI (points) 247.10 255 256 255 264 275
CPI Transportation (points) 222.65 226 229 231 232 233

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 3.00 3.5 3.5 3.5 3.5 3.5
Deposit Interest Rate (%) 1.75 1.75 2.25 2.25 2.25 2.25
Foreign Exchange Reserves (USD Million) 43464.00 43400 45000 42000 42000 44000

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) 90.00 -1100 -1300 -1500 -1500 -1600
Current Account (USD Billion) -1.56 -5 -4.5 -5.3 -5.3 -6
Current Account to GDP (% of GDP) -7.80 -1.5 -1.5 -0.5 -0.5 -0.5
Imports (USD Million) 9040.00 11000 11500 11350 11350 12100
Exports (USD Million) 9130.00 9700 10000 9850 9850 10500
Crude Oil Production (BBL/D/1K) 1015.00 1100 1150 1150 1150 1150
Tourist Arrivals (Thousand) 591.00 1500 1500 2000 2000 2000
Foreign Direct Investment (USD Billion) 0.09 0.6 0.6 0.6 0.6 0.8
External Debt (USD Million) 3176.00 3680 3900 4100 4100 4189

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 62.50 60 60 62 62 62
Government Budget (% of GDP) -4.90 -2 -2 -1.9 -1.9 -1.9
Government Spending (DZD Million) 503099.10 518192 516683 518192 516180 531665

Taxes Actual Q3 Q4 Q1 Q2 2023
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 2023
Industrial Production (%) 2.10 10 9 9 9 10
Manufacturing Production (%) -8.00 5 7 7 7 12
Mining Production (Percent) 13.30 3 1.6 1.6 1.6 5

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Spending (DZD Million) 8688577.80 8949235 8923169 8949235 8914481 9181915


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Algeria Forecast - was last updated on Wednesday, July 6, 2022.