Algeria Private Consumption: % of GDP

Key information about Algeria Private Consumption: % of GDP

• Algeria Private Consumption accounted for 41.2 % of its Nominal GDP in Dec 2023, compared with a ratio of 37.7 % in the previous year.
• Algeria Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2023, with an average share of 48.6 %.
• The data reached an all-time high of 71.0 % in Dec 1952 and a record low of 30.4 % in Dec 2011.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The National Office of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Seasonally adjusted Nominal GDP is used due to unavailability of unadjusted GDP in annual frequency. Private Consumption as % of Nominal GDP prior to 2001 is based on SNA 1993.


Related information about Algeria Private Consumption: % of GDP

• In the latest reports, Algeria GDP expanded 3.8 % YoY in Mar 2024.
• Its Nominal GDP reached 51.3 USD bn in Dec 2022.
• Algeria GDP Per Capita reached 3,630.4 USD in Dec 2021.
• Its Gross Savings Rate was measured at 36.1 % in Dec 2021.

View Algeria's Private Consumption: % of GDP from 1950 to 2023 in the chart:

What was Algeria's Private Consumption: % of GDP in 2023?

Algeria Private Consumption accounted for 41.2 % of its Nominal GDP in Dec 2023, compared with a ratio of 37.7 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
41.2 2023	37.7 2022	30.4 2011	71.0 1952	%	yearly	1950 - 2023

Private Consumption: % of GDP by Country Comparison

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