Algeria External Debt: % of GDP

Key information about Algeria External Debt: % of GDP

• Algeria External Debt accounted for 1.3 % of the country's Nominal GDP in 2023, compared with the ratio of 1.3 % in the previous year.
• Algeria External Debt: % of Nominal GDP data is updated yearly, available from Dec 1970 to Dec 2023.
• The data reached an all-time high of 75.1 % in Dec 1995 and a record low of 1.3 % in Dec 2023.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The Bank of Algeria provides External Debt 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 annual frequency. Nominal GDP prior to 2001 is based on SNA 1993. External Debt prior to 1994 is sourced from the World Bank.


Related information about Algeria External Debt: % 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 440.0 USD mn in Dec 2023.
• Algeria Direct Investment Abroad expanded by 83.6 USD mn in Dec 2023.
• The country's External Debt reached 3,838.0 in Dec 2019.
• The country's Nominal GDP was reported at 51.3 USD bn in Dec 2022.

View Algeria's External Debt: % of GDP from 1970 to 2023 in the chart:

What was Algeria's External Debt: % of GDP in 2023?

Algeria External Debt accounted for 1.3 % of the country's Nominal GDP in 2023, compared with the ratio of 1.3 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
1.3 2023	1.3 2022	1.3 2023	75.1 1995	%	yearly	1970 - 2023

External Debt: % of GDP by Country Comparison

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