Algeria Real GDP Growth

2012 - 2020 | Quarterly | % | CEIC Data

Key information about Algeria`s Real GDP Growth

  • The Gross Domestic Product (GDP) in Algeria contracted 3.9 % YoY in Mar 2020, following a growth of 0.2 % in the previous quarter.
  • Real GDP Growth YoY data in Algeria is updated quarterly, available from Mar 2012 to Mar 2020, with an average rate of 2.4 %.
  • The data reached an all-time high of 5.4 % in Sep 2014 and a record low of -3.9 % in Mar 2020.

The National Office of Statistics provides quarterly Real GDP Growth at chain linked previous year prices.


Related information about Algeria`s Real GDP Growth
  • In the latest reports, Nominal GDP of Algeria reached 40.1 USD bn in Mar 2020.
  • Its GDP deflator (implicit price deflator) fell 1.4 % in Mar 2020.
  • GDP Per Capita in Algeria reached 3,940.0 USD in Dec 2019.
  • Its Gross Savings Rate was measured at 39.8 % in Dec 2018.
  • For Nominal GDP contributions, Investment accounted for 46.0 % in Dec 2019.
  • Public Consumption accounted for 16.9 % in Dec 2019.
  • Private Consumption accounted for 43.5 % in Dec 2019.

View Algeria's Real GDP Growth from Mar 2012 to Mar 2020 in the chart:

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Algeria Real GDP Growth
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Algeria Real GDP Growth

What was Algeria's Real GDP Growth in Mar 2020?

The Gross Domestic Product (GDP) in Algeria contracted 3.9 % YoY in Mar 2020, following a growth of 0.2 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-3.9 Mar 2020 0.2 Dec 2019 -3.9 Mar 2020 5.4 Sep 2014 % quarterly Mar 2012 - Mar 2020

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 3.0 Dec 2020 quarterly Mar 2010 - Dec 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -4.7 Dec 2020 quarterly Mar 2005 - Dec 2020
Armenia (%) -8.8 Dec 2020 quarterly Mar 2001 - Dec 2020
Australia (%) -1.1 Dec 2020 quarterly Sep 1960 - Dec 2020
Austria (%) -5.9 Dec 2020 quarterly Mar 1989 - Dec 2020
Azerbaijan (%) -6.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Bahrain (%) -2.1 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -0.2 Dec 2020 quarterly Mar 2006 - Dec 2020
Belgium (%) 4.7 Sep 2021 quarterly Mar 1996 - Sep 2021
Bolivia (%) -21.7 Jun 2020 quarterly Mar 1991 - Jun 2020
Bosnia and Herzegovina (%) -3.8 Dec 2020 quarterly Mar 2009 - Dec 2020
Botswana (%) -4.0 Dec 2020 quarterly Mar 1995 - Dec 2020
Brazil (%) -1.2 Dec 2020 quarterly Mar 1997 - Dec 2020
Brunei (%) -1.4 Dec 2020 quarterly Mar 2005 - Dec 2020
Bulgaria (%) -3.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Cambodia (%) 7.1 2019 yearly 1994 - 2019
Canada (%) -3.2 Dec 2020 quarterly Mar 1962 - Dec 2020
Chile (%) -0.1 Dec 2020 quarterly Mar 1987 - Dec 2020
China (%) 18.3 Mar 2021 quarterly Mar 1992 - Mar 2021
Colombia (%) -3.5 Dec 2020 quarterly Mar 2001 - Dec 2020
Croatia (%) -7.0 Dec 2020 quarterly Mar 1996 - Dec 2020
Cyprus (%) -4.5 Dec 2020 quarterly Mar 1996 - Dec 2020
Czech Republic (%) -4.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Denmark (%) -1.5 Dec 2020 quarterly Mar 1992 - Dec 2020
Ecuador (%) -7.2 Dec 2020 quarterly Mar 1994 - Dec 2020
Egypt (%) 2.0 Dec 2020 quarterly Sep 2002 - Dec 2020
Estonia (%) -1.9 Dec 2020 quarterly Mar 1996 - Dec 2020
European Union (%) -1.7 Mar 2021 quarterly Mar 1996 - Mar 2021
Finland (%) -1.7 Dec 2020 quarterly Mar 1976 - Dec 2020
France (%) 1.5 Mar 2021 quarterly Mar 1950 - Mar 2021
Georgia (%) -6.8 Dec 2020 quarterly Mar 1998 - Dec 2020
Germany (%) 2.5 Sep 2021 quarterly Mar 1992 - Sep 2021
Ghana (%) 0.8 Dec 2020 quarterly Jun 2006 - Dec 2020
Greece (%) -7.9 Dec 2020 quarterly Mar 1996 - Dec 2020
Hong Kong SAR, China (%) -2.9 Dec 2020 quarterly Mar 1991 - Dec 2020
Hungary (%) -4.1 Dec 2020 quarterly Mar 1996 - Dec 2020
Iceland (%) -5.9 Dec 2020 quarterly Mar 1996 - Dec 2020
India (%) 0.4 Dec 2020 quarterly Jun 2005 - Dec 2020
Indonesia (%) -0.7 Mar 2021 quarterly Mar 1994 - Mar 2021
Iran (%) 4.8 Sep 2020 quarterly Jun 1989 - Sep 2020
Ireland (%) -0.2 Dec 2020 quarterly Mar 1996 - Dec 2020
Israel (%) -0.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Italy (%) -1.5 Mar 2021 quarterly Mar 1982 - Mar 2021
Ivory Coast (%) 7.4 2018 yearly 1966 - 2018
Japan (%) -1.3 Dec 2020 quarterly Mar 1956 - Dec 2020
Jordan (%) -1.6 Dec 2020 quarterly Mar 1993 - Dec 2020
Kazakhstan (%) -4.9 Sep 2020 quarterly Mar 2006 - Sep 2020
Kenya (%) -1.9 Sep 2020 quarterly Mar 2010 - Sep 2020
South Korea (%) 1.7 Mar 2021 quarterly Mar 1961 - Mar 2021
Kosovo (%) 5.6 Mar 2021 quarterly Mar 2011 - Mar 2021
Kuwait (%) 1.2 Sep 2020 quarterly Jun 2010 - Sep 2020
Kyrgyzstan (%) -8.6 Dec 2020 quarterly Mar 2007 - Dec 2020
Laos (%) 5.5 2019 yearly 2003 - 2019
Latvia (%) -2.1 Mar 2021 quarterly Mar 1996 - Mar 2021
Lebanon (%) -1.9 2018 yearly 2005 - 2018
Lithuania (%) -1.1 Dec 2020 quarterly Jun 1995 - Dec 2020
Luxembourg (%) 1.4 Dec 2020 quarterly Mar 1996 - Dec 2020
Macau SAR, China (%) -45.9 Dec 2020 quarterly Mar 2002 - Dec 2020
North Macedonia (%) -0.7 Dec 2020 quarterly Mar 2001 - Dec 2020
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) -3.4 Dec 2020 quarterly Mar 2001 - Dec 2020
Malta (%) -6.2 Dec 2020 quarterly Mar 2001 - Dec 2020
Mauritius (%) -12.2 Sep 2020 quarterly Mar 2001 - Sep 2020
Mexico (%) -2.9 Mar 2021 quarterly Mar 1981 - Mar 2021
Moldova (%) 1.0 Dec 2020 quarterly Mar 1996 - Dec 2020
Mongolia (%) -0.3 Dec 2020 quarterly Mar 2011 - Dec 2020
Montenegro (%) -7.5 Dec 2020 quarterly Mar 2011 - Dec 2020
Morocco (%) -6.0 Dec 2020 quarterly Mar 2008 - Dec 2020
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 3.2 2020 yearly 2011 - 2020
Nepal (%) -2.7 Mar 2020 quarterly Dec 2004 - Mar 2020
Netherlands (%) -3.0 Dec 2020 quarterly Mar 1997 - Dec 2020
New Zealand (%) 1.2 Dec 2020 quarterly Jun 1983 - Dec 2020
Nigeria (%) 0.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Norway (%) -1.1 Dec 2020 quarterly Mar 1979 - Dec 2020
Oman (%) -0.8 2019 yearly 1999 - 2019
Pakistan (%) 0.5 2020 yearly 2001 - 2020
Palestinian Territory (%) 11.8 Sep 2020 quarterly Jun 2011 - Sep 2020
Panama (%) -10.9 Dec 2020 quarterly Mar 2008 - Dec 2020
Paraguay (%) 1.0 Dec 2020 quarterly Mar 1995 - Dec 2020
Peru (%) -1.7 Dec 2020 quarterly Mar 1981 - Dec 2020
Philippines (%) -8.4 Dec 2020 quarterly Mar 1999 - Dec 2020
Poland (%) -2.7 Dec 2020 quarterly Mar 1996 - Dec 2020
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) -3.9 Dec 2020 quarterly Mar 2012 - Dec 2020
Romania (%) -1.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Russia (%) -2.8 Dec 2020 quarterly Mar 1996 - Dec 2020
Saudi Arabia (%) -3.9 Dec 2020 quarterly Mar 2011 - Dec 2020
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 0.2 Mar 2021 quarterly Mar 1976 - Mar 2021
Slovakia (%) -2.1 Dec 2020 quarterly Mar 1994 - Dec 2020
Slovenia (%) -5.0 Dec 2020 quarterly Mar 1996 - Dec 2020
South Africa (%) -4.2 Dec 2020 quarterly Mar 1961 - Dec 2020
Spain (%) -4.3 Mar 2021 quarterly Mar 1996 - Mar 2021
Sri Lanka (%) 1.3 Dec 2020 quarterly Mar 2011 - Dec 2020
Sudan (%) -1.3 2019 yearly 1983 - 2019
Sweden (%) -2.1 Dec 2020 quarterly Mar 1982 - Dec 2020
Switzerland (%) -1.7 Dec 2020 quarterly Mar 1966 - Dec 2020

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Algeria Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 2018 yearly 1994 - 2018
Consolidated Fiscal Balance (USD mn) -12,994.688 2018 yearly 1997 - 2018
Tax Revenue (USD mn) 10,163.491 2018 yearly 1997 - 2018
Tax Revenue: % of GDP (%) 5.8 2018 yearly 1997 - 2018
National Government Debt (USD mn) 62,686.3 2018 yearly 1997 - 2018
Government Debt: % of GDP (%) 36.4 2018 yearly 1997 - 2018
Forecast: Government Expenditure (DZD bn) 10,129.940 2026 yearly 1990 - 2026
Forecast: Government Net Debt (DZD bn) 26,261.420 2026 yearly 1991 - 2026
Forecast: Government Revenue (DZD bn) 8,219.340 2026 yearly 1990 - 2026
Central Administration: RG: RH: Fiscal (DZD bn) 2,648.500 2018 yearly 1997 - 2018
Central Administration: Expenditures: Budget: Investment (DZD bn) 3,078.000 2018 yearly 1997 - 2018
Central Administration: Cash Deficit/Surplus (DZD bn) -1,515.100 2018 yearly 1997 - 2018
Central Administration: Expenditures (DZD bn) 8,266.500 2018 yearly 1997 - 2018
Central Administration: Revenues and Grants (RG) (DZD bn) 6,751.400 2018 yearly 1997 - 2018
Central Administration: RG: RH: Fiscal: GS: VD: Value Added Tax (DZD bn) 332.200 2018 yearly 1997 - 2018
Central Administration: Expenditures: Budget: Current (DZD bn) 4,648.300 2018 yearly 1997 - 2018
Central Administration: RG: RH: Fiscal: Taxes: Revenues and Profits (DZD bn) 1,185.000 2018 yearly 1997 - 2018
Central Administration Domestic Debt (DZD bn) 7,415.200 2018 yearly 1997 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -3.298 2026 yearly 1980 - 2026
Trade Balance (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Total Exports (USD mn) 2,305.7 Jan 2020 monthly Jan 2000 - Jan 2020
Total Exports Growth (%) -24.3 Jan 2020 monthly Jan 2001 - Jan 2020
Aluminum: Exports (USD th) 57.486 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 2,829.579 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 727.093 2020 yearly 1995 - 2020
Total Imports (USD mn) 3,097.4 Jan 2020 monthly Jan 2000 - Jan 2020
Total Imports Growth (%) -20.6 Jan 2020 monthly Jan 2001 - Jan 2020
Imports: Medicament (USD th) 1,090,342.540 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 655,038.635 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 152.832 Oct 2020 monthly Jan 1981 - Oct 2020
Total Imports from USA (USD mn) 1,645.611 2018 yearly 1970 - 2018
Total Exports to China (USD mn) 0.151 Sep 2016 monthly Jan 2002 - Sep 2016
Total Imports from China (USD mn) 7,860.821 2018 yearly 1970 - 2018
Exports: USD: Energy and Lubricants (USD mn) 2,477.270 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: 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: Food, Beverages and Tobacco (USD mn) 39.820 Mar 2020 monthly Jan 2000 - Mar 2020
Exports: European Union: Spain (DZD mn) 485,182.800 2019 yearly 1991 - 2019
Exports: European Union: Netherlands (DZD mn) 192,216.200 2019 yearly 1987 - 2019
Exports: North America: United States of America (DZD mn) 259,124.900 2019 yearly 1980 - 2019
Exports: European Union: France (DZD mn) 587,280.700 2019 yearly 1970 - 2019
Exports: European Union: Italy (DZD mn) 547,802.500 2019 yearly 1970 - 2019
Imports: USD: Energy and Lubricants (USD mn) 38.500 Dec 2020 monthly Jan 2000 - Dec 2020
Imports: USD: Agricultural Equipment (USD mn) 19.400 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Semi Finished Products (USD mn) 684.280 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Raw Materials (USD mn) 194.830 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: USD: Food, Beverages and Tobacco (USD mn) 625.840 Jan 2020 monthly Jan 2000 - Jan 2020
Imports: European Union: Spain (DZD mn) 349,552.600 2019 yearly 1991 - 2019
Imports: North America: United States of America (DZD mn) 169,431.200 2019 yearly 1970 - 2019
Imports: European Union: United Kingdom (DZD mn) 61,467.000 2019 yearly 1987 - 2019
Imports: European Union: France (DZD mn) 510,888.600 2019 yearly 1970 - 2019
Imports: European Union: Italy (DZD mn) 407,264.000 2019 yearly 1970 - 2019
DZ: Import Value Index (2000=100) 457.247 2019 yearly 1980 - 2019
DZ: Export Value Index (2000=100) 162.603 2019 yearly 1980 - 2019
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 15.5 2020 yearly 1970 - 2020
Current Account Balance (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Current Account Balance: % of GDP (%) -6.9 Dec 2019 quarterly Mar 2007 - Dec 2019
Foreign Direct Investment (USD mn) 320.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Foreign Direct Investment: % of GDP (%) 0.7 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt: % of GDP (%) 2.2 2019 yearly 1970 - 2019
External Debt: Short Term (USD mn) 2,264.0 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt: Short Term: % of GDP (%) 1.3 2019 yearly 1977 - 2019
Forecast: Current Account Balance (USD bn) -10.900 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 51,761.544 2019 yearly 2011 - 2019
DZ: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Portfolio Investment: Assets (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2013 yearly 2005 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.000 2013 yearly 2005 - 2013
DZ: BoP: Financial Account: Portfolio Investment (USD mn) 0.000 2013 yearly 1977 - 2013
DZ: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 0.000 2013 yearly 2005 - 2013
BoP: Current Account: Net Transfers (USD bn) 0.810 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Net Factor Income (USD bn) -0.900 Dec 2019 quarterly Mar 2007 - Dec 2019
Balance of Payments (BoP): Current Account (USD bn) -2.970 Dec 2019 quarterly Mar 2007 - Dec 2019
Balance of Payments (BoP): Overall Balance (USD bn) -2.360 Sep 2018 quarterly Mar 2007 - Sep 2018
BoP: Current Account: Goods: Debit (USD bn) -10.200 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Services: Debit (USD bn) -2.410 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Capital Account: Net Foreign Direct Investment (USD bn) 0.320 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Services: Credit (USD bn) 0.940 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Net Factor Income: Debit (USD bn) -1.100 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Net Factor Income: Credit (USD bn) 0.200 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Capital Account: Net Official Capital (USD bn) -0.150 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Capital Account (USD bn) -0.680 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Services (USD bn) -1.470 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Capital Account: Portfolio Investment (USD bn) 0.000 Dec 2019 quarterly Mar 2009 - Dec 2019
BoP: Current Account: Goods (USD bn) -1.400 Dec 2019 quarterly Mar 2007 - Dec 2019
BoP: Current Account: Goods: Credit (USD bn) 8.800 Dec 2019 quarterly Mar 2007 - Dec 2019
External Debt: Medium & Long Term (USD bn) 1.443 Dec 2019 quarterly Mar 2007 - Dec 2019
DZ: BOP: Financial Account: Foreign Direct Investment: Net (USD mn) -1,298.467 2019 yearly 1977 - 2019
DZ: BOP: Net Errors and Omissions (USD mn) -104.340 2019 yearly 1977 - 2019
DZ: External Debt: TDS: Debt Service: Total (USD mn) 194.705 2019 yearly 1970 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 12.7 2018 yearly 2009 - 2018
Money Supply M1 (USD mn) 92,138.611 Dec 2019 monthly Jan 2001 - Dec 2019
Money Supply M2 (USD mn) 138,559.545 Dec 2019 monthly Jan 2001 - Dec 2019
M2 Growth (%) -0.8 Dec 2019 monthly Jan 2002 - Dec 2019
Reserve Requirement Ratio (%) 6.0 Sep 2020 monthly Jun 2006 - Sep 2020
Foreign Exchange Reserves (USD mn) 40,783.3 Sep 2021 monthly Jan 1968 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 34.531 Mar 2020 quarterly Dec 1999 - Mar 2020
Foreign Exchange Reserves: Months of Import (NA) 19.6 Jan 2020 monthly Jan 2000 - Jan 2020
Gold Reserves (USD mn) 270.494 May 2017 monthly Dec 1950 - May 2017
Total Deposits (USD mn) 92,833.477 Dec 2019 monthly Jun 2006 - Dec 2019
Total Deposits Growth (%) -5.5 Dec 2019 monthly Jun 2007 - Dec 2019
Domestic Credit (USD mn) 152,744.0 Aug 2021 monthly Dec 2001 - Aug 2021
Domestic Credit Growth (%) 13.8 Dec 2020 monthly Dec 2002 - Dec 2020
Total Loans (USD mn) 91,119.809 Dec 2019 monthly Jun 2006 - Dec 2019
Total Loans Growth (%) 8.84 Dec 2019 monthly Jun 2007 - Dec 2019
Private Debt: % of Nominal GDP (%) 25.74 Dec 2019 quarterly Jun 2006 - Dec 2019
Money Supply: M2: M1: Currency in Circulation (DZD bn) 5,437.600 Dec 2019 monthly Jun 2006 - Dec 2019
Money Supply: M2: M1 (DZD bn) 10,979.200 Dec 2019 monthly Jan 2001 - Dec 2019
DZ: Domestic Credit: Net (DZD mn) 19,142,455.639 2020 yearly 1964 - 2020
DZ: Bank Liquid Reserves: to Bank Assets Ratio (%) 14.573 2020 yearly 2001 - 2020

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