Algeria Current Account Balance: % of GDP

Key information about Algeria Current Account Balance: % of GDP

• Algeria Current Account deficit accounted for 3.7 % of the country's Nominal GDP in Dec 2024, compared with a 2.3 % deficit in the previous quarter.
• Algeria Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2007 to Dec 2024, with an average value of -14.7 %.
• The data reached an all-time high of 25.0 % in Mar 2008 and a record low of -19.4 % 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 based on SNA 2008. 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 460.0 USD mn in Dec 2024.
• Algeria Direct Investment Abroad expanded by 0.3 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 71.3 USD bn in Jun 2025.

View Algeria's Current Account Balance: % of GDP from Mar 2007 to Dec 2024 in the chart:

What was Algeria's Current Account Balance: % of GDP in Dec 2024?

Algeria Current Account deficit accounted for 3.7 % of the country's Nominal GDP in Dec 2024, compared with a 2.3 % deficit in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-3.7 Dec 2024	-2.3 Sep 2024	-19.4 Mar 2016	25.0 Mar 2008	%	quarterly	Mar 2007 - Dec 2024

Current Account Balance: % of GDP by Country Comparison

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Algeria Key Series

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