Algeria Government Debt: % of GDP

Key information about Algeria Government Debt: % of GDP

• Algeria Government debt accounted for 48.9 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 47.6 % in the previous year.
• Algeria government debt to GDP ratio data is updated yearly, available from Dec 1997 to Dec 2023.
• The data reached an all-time high of 54.5 % in Dec 2021 and a record low of 6.3 % in Dec 2008.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Ministry of Finance provides Government Debt in local currency. The National Office of Statistics provides Nominal GDP in local currency based on SNA 2008. Government Debt covers Central Government Domestic Debt only. 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.


Related information about Algeria Government Debt: % of GDP

• In the latest reports, Algeria National Government Debt reached 118.6 USD bn in Dec 2023.
• The country's Nominal GDP reached 51.3 USD bn in Dec 2022.

View Algeria's Government Debt: % of GDP from 1997 to 2023 in the chart:

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

Algeria Government debt accounted for 48.9 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 47.6 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
48.9 2023	47.6 2022	6.3 2008	54.5 2021	%	yearly	1997 - 2023

Government Debt: % of GDP by Country Comparison

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