Algeria Current Account Balance: % of GDP

2007 - 2019 | Quarterly | % | CEIC Data

Key information about Algeria Current Account Balance: % of GDP

  • Algeria Current Account deficit accounted for 6.9 % of the country's Nominal GDP in Dec 2019, compared with a 9.5 % deficit in the previous quarter.
  • Algeria Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2007 to Dec 2019, with an average value of -1.7 %.
  • The data reached an all-time high of 26.7 % in Mar 2008 and a record low of -21.3 % in Mar 2016.

CEIC calculates quarterly Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of Algeria provides Current Account Balance in USD. The National Office of Statistics provides Nominal GDP in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Seasonally adjusted Nominal GDP is used due to unavailability of unadjusted GDP in quarterly frequency.


Key information about Algeria Current Account Balance: % of GDP

  • In the latest reports of Algeria, Current Account recorded a deficit of 3.0 USD bn in Dec 2019.
  • Foreign Direct Investment (FDI) increased by 320.0 USD mn in Dec 2019.
  • Algeria Direct Investment Abroad expanded by 15.5 USD mn in Dec 2020.
  • The country's Nominal GDP was reported at 40.1 USD bn in Mar 2020.

View Algeria's Current Account Balance: % of GDP from Mar 2007 to Dec 2019 in the chart:

Algeria Current Account Balance: % of GDP

What was Algeria's Current Account Balance: % of GDP in Dec 2019?

Algeria Current Account deficit accounted for 6.9 % of the country's Nominal GDP in Dec 2019, compared with a 9.5 % deficit in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-6.9 Dec 2019 -9.5 Sep 2019 -21.3 Mar 2016 26.7 Mar 2008 % quarterly Mar 2007 - Dec 2019

Current Account Balance: % of GDP by Country Comparison

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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -3.1 Sep 2021 quarterly Mar 2008 - Sep 2021
Algeria (%) -6.9 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (%) 2.7 Sep 2021 quarterly Mar 2004 - Sep 2021
Armenia (%) -1.5 Sep 2021 quarterly Dec 1994 - Sep 2021
Australia (%) 4.4 Sep 2021 quarterly Sep 1959 - Sep 2021
Austria (%) 0.9 Sep 2021 quarterly Mar 1970 - Sep 2021
Azerbaijan (%) 10.0 Jun 2021 quarterly Mar 2013 - Jun 2021
Bahrain (%) -7.5 Dec 2020 quarterly Mar 2018 - Dec 2020
Bangladesh (%) -1.0 2021 yearly 1998 - 2021
Belarus (%) 4.8 Sep 2021 quarterly Mar 1996 - Sep 2021
Belgium (%) 4.2 Sep 2021 quarterly Mar 1995 - Sep 2021
Bolivia (%) 3.6 Jun 2021 quarterly Mar 1990 - Jun 2021
Bosnia and Herzegovina (%) -2.0 Sep 2021 quarterly Mar 2008 - Sep 2021
Botswana (%) -5.5 Jun 2021 quarterly Mar 2004 - Jun 2021
Brazil (%) -0.6 Sep 2021 quarterly Mar 1995 - Sep 2021
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) 1.4 Sep 2021 quarterly Sep 1999 - Sep 2021
Cambodia (%) -29.0 Dec 2020 quarterly Mar 2010 - Dec 2020
Canada (%) 0.2 Sep 2021 quarterly Mar 1957 - Sep 2021
Chile (%) -8.3 Sep 2021 quarterly Mar 1996 - Sep 2021
China (%) 1.6 Sep 2021 quarterly Mar 1998 - Sep 2021
Colombia (%) -6.4 Sep 2021 quarterly Mar 1996 - Sep 2021
Croatia (%) 26.5 Sep 2021 quarterly Mar 1995 - Sep 2021
Cyprus (%) -2.4 Sep 2021 quarterly Mar 2008 - Sep 2021
Czech Republic (%) -4.9 Sep 2021 quarterly Mar 1995 - Sep 2021
Denmark (%) 8.9 Sep 2021 quarterly Mar 1990 - Sep 2021
Ecuador (%) 0.5 Sep 2021 quarterly Mar 1993 - Sep 2021
Egypt (%) -5.3 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (%) -11.3 Dec 2020 quarterly Mar 2000 - Dec 2020
European Union (%) 2.2 Sep 2021 quarterly Mar 1999 - Sep 2021
Finland (%) 3.1 Sep 2021 quarterly Mar 1990 - Sep 2021
France (%) -0.1 Sep 2021 quarterly Mar 1997 - Sep 2021
Georgia (%) -7.2 Sep 2021 quarterly Mar 1996 - Sep 2021
Germany (%) 7.7 Dec 2020 quarterly Mar 1991 - Dec 2020
Ghana (%) -4.1 Sep 2020 quarterly Mar 2006 - Sep 2020
Greece (%) 3.4 Sep 2021 quarterly Mar 2000 - Sep 2021
Hong Kong SAR, China (%) 13.2 Sep 2021 quarterly Mar 1999 - Sep 2021
Hungary (%) -5.5 Sep 2021 quarterly Mar 1995 - Sep 2021
Iceland (%) 1.5 Sep 2021 quarterly Mar 1995 - Sep 2021
India (%) -1.3 Sep 2021 quarterly Jun 2004 - Sep 2021
Indonesia (%) 1.5 Sep 2021 quarterly Mar 1993 - Sep 2021
Iran (%) 0.6 2020 yearly 1997 - 2020
Ireland (%) 20.4 Sep 2021 quarterly Mar 1995 - Sep 2021
Israel (%) 4.0 Sep 2021 quarterly Mar 1995 - Sep 2021
Italy (%) 4.0 Sep 2021 quarterly Mar 1980 - Sep 2021
Ivory Coast (%) -3.2 2020 yearly 1975 - 2020
Japan (USD mn) 9,068.7 Oct 2021 monthly Jan 1996 - Oct 2021
Jordan (%) -7.8 Sep 2021 quarterly Mar 1992 - Sep 2021
Kazakhstan (%) -2.8 Sep 2021 quarterly Dec 1997 - Sep 2021
Kenya (%) -5.0 Jun 2021 quarterly Mar 2009 - Jun 2021
South Korea (USD mn) 9,261.4 Feb 2021 monthly Jan 1980 - Feb 2021
Kosovo (%) 6.7 Sep 2021 quarterly Mar 2010 - Sep 2021
Kuwait (%) 31.3 Sep 2020 quarterly Mar 2012 - Sep 2020
Kyrgyzstan (%) 21.3 Jun 2021 quarterly Mar 2000 - Jun 2021
Laos (%) -0.6 2020 yearly 1984 - 2020
Latvia (%) -5.7 Sep 2021 quarterly Mar 1995 - Sep 2021
Lebanon (%) -21.2 2019 yearly 2002 - 2019
Lithuania (%) -0.1 Sep 2021 quarterly Mar 1993 - Sep 2021
Luxembourg (%) 3.6 Jun 2021 quarterly Mar 1995 - Jun 2021
Macau SAR, China (%) 15.2 2020 yearly 2002 - 2020
North Macedonia (%) 3.3 Sep 2021 quarterly Mar 2000 - Sep 2021
Malawi (%) -12.0 2020 yearly 1977 - 2020
Malaysia (%) 3.1 Sep 2021 quarterly Mar 2000 - Sep 2021
Malta (%) -4.1 Sep 2021 quarterly Mar 1995 - Sep 2021
Mauritius (%) -11.3 Sep 2021 quarterly Mar 2007 - Sep 2021
Mexico (%) -1.3 Sep 2021 quarterly Mar 1993 - Sep 2021
Moldova (%) -10.2 Sep 2021 quarterly Mar 1995 - Sep 2021
Mongolia (%) -27.5 Sep 2021 quarterly Mar 2000 - Sep 2021
Montenegro (%) 10.1 Sep 2021 quarterly Mar 2010 - Sep 2021
Morocco (%) 1.1 Sep 2021 quarterly Mar 2014 - Sep 2021
Mozambique (%) -19.7 2019 yearly 1980 - 2019
Nepal (%) -7.8 2021 yearly 2001 - 2021
Netherlands (%) 8.9 Sep 2021 quarterly Mar 1987 - Sep 2021
New Zealand (%) -5.6 Sep 2021 quarterly Jun 1987 - Sep 2021
Nigeria (%) -3.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Norway (%) 14.4 Sep 2021 quarterly Mar 1981 - Sep 2021
Oman (%) -11.7 2020 yearly 1980 - 2020
Pakistan (%) -0.6 2021 yearly 1977 - 2021
Palestinian Territory (%) -7.2 Dec 2020 quarterly Mar 2011 - Dec 2020
Panama (%) -1.3 Jun 2021 quarterly Mar 2007 - Jun 2021
Paraguay (%) 0.4 Sep 2021 quarterly Mar 2000 - Sep 2021
Peru (%) -1.6 Sep 2021 quarterly Mar 1980 - Sep 2021
Philippines (%) -1.0 Sep 2021 quarterly Mar 1981 - Sep 2021
Poland (%) -2.5 Sep 2021 quarterly Mar 2000 - Sep 2021
Portugal (%) 0.4 Sep 2021 quarterly Mar 1996 - Sep 2021
Qatar (%) 0.2 Dec 2020 quarterly Mar 2011 - Dec 2020
Romania (%) -7.6 Sep 2021 quarterly Mar 1995 - Sep 2021
Russia (%) 8.0 Sep 2021 quarterly Mar 1994 - Sep 2021
Saudi Arabia (%) 9.9 Sep 2021 quarterly Mar 2006 - Sep 2021
Serbia (%) -5.5 Sep 2021 quarterly Mar 2007 - Sep 2021
Singapore (%) 21.6 Sep 2021 quarterly Mar 1986 - Sep 2021
Slovakia (%) -3.8 Sep 2021 quarterly Mar 1997 - Sep 2021
Slovenia (%) 2.3 Sep 2021 quarterly Mar 1995 - Sep 2021
South Africa (%) 3.6 Sep 2021 quarterly Mar 1960 - Sep 2021
Spain (%) 1.5 Sep 2021 quarterly Mar 1980 - Sep 2021
Sri Lanka (%) -3.6 Sep 2021 quarterly Mar 2002 - Sep 2021
Sudan (%) -12.3 2019 yearly 1977 - 2019
Sweden (%) 4.8 Sep 2021 quarterly Mar 1980 - Sep 2021
Switzerland (%) 12.9 Sep 2021 quarterly Mar 1983 - Sep 2021

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Algeria Key Series

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Includes 261 key indicators for Algeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 2018 yearly 1994 - 2018
Consolidated Fiscal Balance (USD mn) -12,994.688 2018 yearly 1997 - 2018
Tax Revenue (USD mn) 10,163.491 2018 yearly 1997 - 2018
Tax Revenue: % of GDP (%) 5.8 2018 yearly 1997 - 2018
National Government Debt (USD mn) 62,686.3 2018 yearly 1997 - 2018
Government Debt: % of GDP (%) 36.4 2018 yearly 1997 - 2018
Forecast: Government Expenditure (DZD bn) 10,129.940 2026 yearly 1990 - 2026
Forecast: Government Net Debt (DZD bn) 26,261.420 2026 yearly 1991 - 2026
Forecast: Government Revenue (DZD bn) 8,219.340 2026 yearly 1990 - 2026
Central Administration: RG: RH: Fiscal (DZD bn) 2,648.500 2018 yearly 1997 - 2018
Central Administration: Expenditures: Budget: Investment (DZD bn) 3,078.000 2018 yearly 1997 - 2018
Central Administration: Cash Deficit/Surplus (DZD bn) -1,515.100 2018 yearly 1997 - 2018
Central Administration: Expenditures (DZD bn) 8,266.500 2018 yearly 1997 - 2018
Central Administration: Revenues and Grants (RG) (DZD bn) 6,751.400 2018 yearly 1997 - 2018
Central Administration: RG: RH: Fiscal: GS: VD: Value Added Tax (DZD bn) 332.200 2018 yearly 1997 - 2018
Central Administration: Expenditures: Budget: Current (DZD bn) 4,648.300 2018 yearly 1997 - 2018
Central Administration: RG: RH: Fiscal: Taxes: Revenues and Profits (DZD bn) 1,185.000 2018 yearly 1997 - 2018
Central Administration Domestic Debt (DZD bn) 7,415.200 2018 yearly 1997 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -3.298 2026 yearly 1980 - 2026
Trade Balance (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Total Exports (USD mn) 2,305.7 Jan 2020 monthly Jan 2000 - Jan 2020
Total Exports Growth (%) -24.3 Jan 2020 monthly Jan 2001 - Jan 2020
Aluminum: Exports (USD th) 57.486 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 2,829.579 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 727.093 2020 yearly 1995 - 2020
Total Imports (USD mn) 3,097.4 Jan 2020 monthly Jan 2000 - Jan 2020
Total Imports Growth (%) -20.6 Jan 2020 monthly Jan 2001 - Jan 2020
Imports: Medicament (USD th) 1,090,342.540 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 655,038.635 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 152.832 Oct 2020 monthly Jan 1981 - Oct 2020
Total Imports from USA (USD mn) 1,645.611 2018 yearly 1970 - 2018
Total Exports to China (USD mn) 0.151 Sep 2016 monthly Jan 2002 - Sep 2016
Total Imports from China (USD mn) 7,860.821 2018 yearly 1970 - 2018
Exports: USD: Energy and Lubricants (USD mn) 2,477.270 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: USD: excl Hydrocarbons: Agricultural Equipment (USD mn) 0.010 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: USD: excl Hydrocarbons: Raw Materials (USD mn) 4.490 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: USD: excl Hydrocarbons: Semi Finished Equipment (USD mn) 192.980 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: USD: excl Hydrocarbons: Food, Beverages and Tobacco (USD mn) 39.820 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: European Union: Spain (DZD mn) 485,182.800 2019 yearly 1991 - 2019
Exports: European Union: Netherlands (DZD mn) 192,216.200 2019 yearly 1987 - 2019
Exports: North America: United States of America (DZD mn) 259,124.900 2019 yearly 1980 - 2019
Exports: European Union: France (DZD mn) 587,280.700 2019 yearly 1970 - 2019
Exports: European Union: Italy (DZD mn) 547,802.500 2019 yearly 1970 - 2019
Imports: USD: Energy and Lubricants (USD mn) 38.500 Dec 2020 monthly Jan 2000 - Dec 2020
Imports: USD: Agricultural Equipment (USD mn) 19.400 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Semi Finished Products (USD mn) 684.280 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Raw Materials (USD mn) 194.830 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Food, Beverages and Tobacco (USD mn) 625.840 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: European Union: Spain (DZD mn) 349,552.600 2019 yearly 1991 - 2019
Imports: North America: United States of America (DZD mn) 169,431.200 2019 yearly 1970 - 2019
Imports: European Union: United Kingdom (DZD mn) 61,467.000 2019 yearly 1987 - 2019
Imports: European Union: France (DZD mn) 510,888.600 2019 yearly 1970 - 2019
Imports: European Union: Italy (DZD mn) 407,264.000 2019 yearly 1970 - 2019
DZ: Import Value Index (2000=100) 457.247 2019 yearly 1980 - 2019
DZ: Export Value Index (2000=100) 162.603 2019 yearly 1980 - 2019
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 15.5 2020 yearly 1970 - 2020
Current Account Balance (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Current Account Balance: % of GDP (%) -6.9 Dec 2019 quarterly Mar 2007 - Dec 2019
Foreign Direct Investment (USD mn) 320.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Foreign Direct Investment: % of GDP (%) 0.7 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt: % of GDP (%) 2.2 2019 yearly 1970 - 2019
External Debt: Short Term (USD mn) 2,264.0 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt: Short Term: % of GDP (%) 1.3 2019 yearly 1977 - 2019
Forecast: Current Account Balance (USD bn) -10.900 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 51,761.544 2019 yearly 2011 - 2019
DZ: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.000 2013 yearly 2005 - 2013
DZ: BoP: Financial Account: Portfolio Investment (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2013 yearly 2005 - 2013
DZ: BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2013 yearly 2005 - 2013
DZ: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 0.000 2013 yearly 1977 - 2013
BoP: Current Account: Net Transfers (USD bn) 0.520 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Net Factor Income (USD bn) -0.920 Sep 2020 quarterly Mar 2007 - Sep 2020
Balance of Payments (BoP): Current Account (USD bn) -5.700 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Goods: Debit (USD bn) -8.770 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Services: Debit (USD bn) -2.200 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Capital Account: Net Foreign Direct Investment (USD bn) 0.000 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Services: Credit (USD bn) 0.540 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Net Factor Income: Debit (USD bn) -1.130 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Net Factor Income: Credit (USD bn) 0.210 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Capital Account: Net Official Capital (USD bn) 0.000 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Capital Account (USD bn) 0.630 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Services (USD bn) -1.660 Sep 2020 quarterly Mar 2007 - Sep 2020
Balance of Payments (BoP): Overall Balance (USD bn) -2.360 Sep 2018 quarterly Mar 2007 - Sep 2018
BoP: Capital Account: Portfolio Investment (USD bn) 0.190 Sep 2020 quarterly Mar 2009 - Sep 2020
BoP: Current Account: Goods (USD bn) -3.640 Sep 2020 quarterly Mar 2007 - Sep 2020
BoP: Current Account: Goods: Credit (USD bn) 5.140 Sep 2020 quarterly Mar 2007 - Sep 2020
External Debt: Medium & Long Term (USD bn) 1.458 Sep 2020 quarterly Mar 2007 - Sep 2020
DZ: External Debt: TDS: Debt Service: Total (USD mn) 194.705 2019 yearly 1970 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 12.7 2018 yearly 2009 - 2018
Money Supply M1 (USD mn) 89,844.016 Sep 2020 monthly Jan 2001 - Sep 2020
Money Supply M2 (USD mn) 134,120.996 Sep 2020 monthly Jan 2001 - Sep 2020
M2 Growth (%) 4.3 Sep 2020 monthly Jan 2002 - Sep 2020
Reserve Requirement Ratio (%) 6.0 Sep 2020 monthly Jun 2006 - Sep 2020
Foreign Exchange Reserves (USD mn) 41,774.5 Nov 2021 monthly Jan 1968 - Nov 2021
Foreign Exchange Reserves: % of GDP (%) 34.531 Mar 2020 quarterly Dec 1999 - Mar 2020
Foreign Exchange Reserves: Months of Import (NA) 19.6 Jan 2020 monthly Jan 2000 - Jan 2020
Gold Reserves (USD mn) 270.494 May 2017 monthly Dec 1950 - May 2017
Total Deposits (USD mn) 87,393.218 Sep 2020 monthly Jun 2006 - Sep 2020
Total Deposits Growth (%) -5.5 Dec 2019 monthly Jun 2007 - Dec 2019
Domestic Credit (USD mn) 152,744.0 Aug 2021 monthly Dec 2001 - Aug 2021
Domestic Credit Growth (%) 13.8 Dec 2020 monthly Dec 2002 - Dec 2020
Total Loans (USD mn) 91,119.809 Dec 2019 monthly Jun 2006 - Dec 2019
Total Loans Growth (%) 8.84 Dec 2019 monthly Jun 2007 - Dec 2019
Private Debt: % of Nominal GDP (%) 25.74 Dec 2019 quarterly Jun 2006 - Dec 2019
Money Supply: M2: M1: Currency in Circulation (DZD bn) 6,034.500 Sep 2020 monthly Jun 2006 - Sep 2020
Money Supply: M2: M1 (DZD bn) 11,602.600 Sep 2020 monthly Jan 2001 - Sep 2020

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