Algeria Current Account Balance: % of GDP
2007 - 2024 | Quarterly | % | CEIC Data
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
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.6 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Algeria (%) | -3.7 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Argentina (%) | 1.4 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Armenia (%) | -6.7 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Australia (%) | -3.7 Mar 2026 | quarterly | Sep 1959 - Mar 2026 |
| Austria (%) | 2.0 Dec 2025 | quarterly | Mar 1970 - Dec 2025 |
| Azerbaijan (%) | 2.4 Dec 2025 | quarterly | Mar 2013 - Dec 2025 |
| Bahrain (%) | 3.9 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| Bangladesh (%) | 0.0 2025 | yearly | 1998 - 2025 |
| Belarus (%) | -1.8 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Belgium (%) | -2.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Bolivia (%) | -3.3 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | -3.1 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Botswana (%) | -0.1 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Brazil (%) | -3.3 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Brunei (%) | 14.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Bulgaria (%) | -10.8 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Cambodia (%) | -15.5 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Canada (%) | -0.1 Dec 2025 | quarterly | Mar 1957 - Dec 2025 |
| Chile (%) | 1.9 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| China (%) | 3.8 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Colombia (%) | -1.2 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Croatia (%) | -9.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Cyprus (%) | -8.8 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Czech Republic (%) | 3.4 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Denmark (%) | 9.2 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| Ecuador (%) | 5.7 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Egypt (%) | -2.5 Jun 2025 | quarterly | Sep 2001 - Jun 2025 |
| Estonia (%) | 0.5 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| European Union (%) | 2.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Finland (%) | 0.4 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| France (%) | -1.7 Mar 2026 | quarterly | Mar 1997 - Mar 2026 |
| Georgia (%) | -4.6 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 4.5 Mar 2026 | quarterly | Mar 1991 - Mar 2026 |
| Ghana (%) | 13.9 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Greece (%) | -11.0 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Hong Kong SAR, China (%) | 10.6 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Hungary (%) | 0.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Iceland (%) | -3.0 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| India (%) | -1.3 Dec 2025 | quarterly | Jun 2004 - Dec 2025 |
| Indonesia (%) | 1.1 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Iran (%) | 2.2 2025 | yearly | 1997 - 2025 |
| Ireland (%) | 12.5 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Israel (%) | 2.8 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Italy (%) | 0.8 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Ivory Coast (%) | -4.1 2024 | yearly | 1975 - 2024 |
| Japan (USD mn) | 29,402.7 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Jordan (%) | -2.6 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Kazakhstan (%) | -5.8 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Kenya (%) | -2.2 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| South Korea (USD mn) | 33,394.4 Apr 2026 | monthly | Jan 1980 - Apr 2026 |
| Kosovo (%) | -12.7 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Kuwait (%) | 18.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Kyrgyzstan (%) | -18.3 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Laos (%) | 11.3 2025 | yearly | 1984 - 2025 |
| Latvia (%) | -1.5 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Lebanon (%) | -14.5 2024 | yearly | 2002 - 2024 |
| Lithuania (%) | 5.4 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Luxembourg (%) | -0.2 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Macau SAR, China (%) | 33.7 2024 | yearly | 2002 - 2024 |
| North Macedonia (%) | -7.6 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Malawi (%) | -17.0 2023 | yearly | 1977 - 2023 |
| Malaysia (%) | 3.0 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Malta (%) | 8.9 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Mauritius (%) | -10.0 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Mexico (%) | -3.1 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Moldova (%) | -19.4 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Mongolia (%) | 2.8 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Montenegro (%) | -36.0 Mar 2026 | quarterly | Mar 2010 - Mar 2026 |
| Morocco (%) | -3.0 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Mozambique (%) | -11.0 2024 | yearly | 1980 - 2024 |
| Nepal (%) | 6.7 2025 | yearly | 2001 - 2025 |
| Netherlands (%) | 11.3 Dec 2025 | quarterly | Mar 1987 - Dec 2025 |
| New Zealand (%) | -4.1 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (%) | 1.6 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Norway (%) | 18.5 Mar 2026 | quarterly | Mar 1981 - Mar 2026 |
| Oman (%) | 2.9 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 0.5 2025 | yearly | 1977 - 2025 |
| Palestinian Territory (%) | -22.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Panama (%) | 0.4 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Paraguay (%) | -4.7 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Peru (%) | 4.8 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| Philippines (%) | -4.0 Jun 2025 | quarterly | Mar 1981 - Jun 2025 |
| Poland (%) | -0.1 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Portugal (%) | -0.8 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| Qatar (%) | 9.3 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Romania (%) | -7.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Russia (%) | 1.2 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Saudi Arabia (%) | -2.6 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Serbia (%) | -6.2 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Singapore (%) | 20.3 Mar 2026 | quarterly | Mar 1986 - Mar 2026 |
| Slovakia (%) | -3.5 Mar 2026 | quarterly | Mar 1997 - Mar 2026 |
| Slovenia (%) | 2.7 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| South Africa (%) | 0.6 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (%) | 2.3 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Sri Lanka (%) | -0.5 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
| Sweden (%) | 5.8 Mar 2026 | quarterly | Mar 1980 - Mar 2026 |
| Switzerland (%) | 3.2 Dec 2025 | quarterly | Mar 1983 - Dec 2025 |
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Learn more about what we doAlgeria Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 0.225 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Total Exports (USD mn) | 2,717.1 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Total Exports Growth (%) | -18.5 Mar 2020 | monthly | Jan 2001 - Mar 2020 |
| Aluminum: Exports (USD th) | 94.570 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 47,253.417 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 3,136.160 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,988.0 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Total Imports Growth (%) | -15.4 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
| Imports: Medicament (USD th) | 892,911.848 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 736,006.557 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 74.672 Feb 2026 | monthly | Jan 1981 - Feb 2026 |
| Total Imports from USA (USD mn) | 1,402.747 2023 | yearly | 1970 - 2023 |
| Total Exports to China (USD mn) | 288.342 Feb 2026 | monthly | Jan 2002 - Feb 2026 |
| Total Imports from China (USD mn) | 8,497.730 2023 | yearly | 1970 - 2023 |
| Exports: European Union: France (DZD mn) | 964,859.600 2023 | yearly | 1970 - 2023 |
| Exports: North America: United States of America (DZD mn) | 411,066.600 2023 | yearly | 1980 - 2023 |
| Exports: European Union: Spain (DZD mn) | 678,420.700 2023 | yearly | 1991 - 2023 |
| Exports: European Union: Netherlands (DZD mn) | 338,044.700 2023 | yearly | 1987 - 2023 |
| Exports: European Union: Italy (DZD mn) | 2,096,468.000 2023 | yearly | 1970 - 2023 |
| Exports: Asia: ow China (DZD mn) | 292,782.500 2023 | yearly | 2011 - 2023 |
| Exports: USD: Energy and Lubricants (USD mn) | 2,477.270 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: Agricultural Equipment (USD mn) | 0.010 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 |
| Imports: European Union: Spain (DZD mn) | 35,917.700 2023 | yearly | 1991 - 2023 |
| Imports: North America: United States of America (DZD mn) | 190,553.300 2023 | yearly | 1970 - 2023 |
| Imports: European Union: United Kingdom (DZD mn) | 61,467.000 2019 | yearly | 1987 - 2019 |
| Imports: European Union: Italy (DZD mn) | 420,276.100 2023 | yearly | 1970 - 2023 |
| Imports: European Union: France (DZD mn) | 430,062.000 2023 | yearly | 1970 - 2023 |
| Imports: USD: Semi Finished Products (USD mn) | 660.220 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Imports: USD: Agricultural Equipment (USD mn) | 16.640 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Imports: USD: Energy and Lubricants (USD mn) | 38.500 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Imports: USD: Raw Materials (USD mn) | 220.210 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Imports: USD: Food, Beverages and Tobacco (USD mn) | 731.490 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Exports: Volume: Crude Oil: Barrel (Barrel mn) | 36.800 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Exports: Volume: Natural Gas: Cubic Meter (Cub m bn) | 9.300 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Import Value Index (2015=100) | 84.600 2023 | yearly | 1980 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 20.7 2024 | yearly | 2009 - 2024 |
| Money Supply M1 (USD mn) | 130,782.108 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Money Supply M2 (USD mn) | 195,557.643 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| M2 Growth (%) | 9.0 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Reserve Requirement Ratio (%) | 2.0 Oct 2025 | monthly | Jun 2006 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 35,415.8 Mar 2026 | monthly | Jan 1968 - Mar 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 20.152 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 15.7 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Gold Reserves (USD mn) | 264.903 Mar 2026 | monthly | Dec 1950 - Mar 2026 |
| Total Deposits (USD mn) | 129,772.213 Dec 2024 | monthly | Jun 2006 - Dec 2024 |
| Total Deposits Growth (%) | 8.2 Dec 2024 | monthly | Jun 2007 - Dec 2024 |
| Domestic Credit (USD mn) | 225,982.7 Jan 2026 | monthly | Dec 2001 - Jan 2026 |
| Domestic Credit Growth (%) | 16.5 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Total Loans (USD mn) | 83,004.503 Dec 2024 | monthly | Jun 2006 - Dec 2024 |
| Total Loans Growth (%) | 5.26 Dec 2024 | monthly | Jun 2007 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 18.54 Dec 2024 | quarterly | Jun 2006 - Dec 2024 |
| Money Supply: M2: M1 (DZD bn) | 16,926.900 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Money Supply: M2: M1: Currency in Circulation (DZD bn) | 8,289.900 Mar 2024 | monthly | Jun 2006 - Mar 2024 |
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