Markets Actual Q2 Q3 Q4 Q1 2021
Currency 128.16 129 129 130 130 130

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 0.20 -3.5 -2.8 -2.6 -1.7 4.5
Unemployment Rate (%) 11.40 13.5 13.8 14 13.6 14.5
Inflation Rate (%) 2.40 2.4 2.8 3 2.7 4
Interest Rate (%) 3.00 3.5 3.5 3.5 3.5 3.5
Balance of Trade (USD Million) -2740.00 1000 900 600 600 1000
Current Account (USD Billion) -5.41 -5.7 -3.1 -4.64 -4.64 -4.64
Current Account to GDP (%) -12.60 -15 -15 -15 -14.5 -14.5
Government Debt to GDP (%) 46.10 60 60 60 67 67
Government Budget (% of GDP) -7.90 -8.6 -8.6 -8.6 -7.5 -7.5
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Annual Growth Rate (%) 0.20 -3.5 -2.8 -2.6 -1.7 4.5
GDP (USD Billion) 178.10 175 175 175 183 183
GDP Constant Prices (DZD Billion) 20288.40 19550 19692 19761 19943 20650
Gross Fixed Capital Formation (DZD Million) 8202500.00 7915413 7972830 7989235 8063058 8348751
GDP per capita (USD) 4815.60 4822 4822 4822 4825 4825
GDP per capita PPP (USD) 13886.13 13873 13873 13873 13873 14099
GDP From Agriculture (DZD Billion) 2429.40 2342 2359 2366 2388 2473
GDP From Construction (DZD Billion) 2386.80 2175 2191 2325 2346 2429
GDP From Public Administration (DZD Billion) 3025.50 2920 2941 2947 2974 3079
GDP From Services (DZD Billion) 5306.50 5121 5158 5169 5216 5401

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 11.40 13.5 13.8 14 13.6 14.5
Unemployed Persons (Thousand) 1462.00 1720 1720 1720 1720 1740
Labor Force Participation Rate (%) 41.70 41.5 41.5 41.5 41.5 41.6
Population (Million) 43.40 44 44 44.4 45.2 45.5
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 60.00 60 60 60 60 60
Youth Unemployment Rate (%) 26.90 28.4 29.5 29.8 29.6 30.6
Employed Persons (Thousand) 11001.00 10875 10875 10875 10875 10900

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 2.40 2.4 2.8 3 2.7 4
Producer Prices (points) 1436.60 1460 1467 1467 1467 1506
Food Inflation (%) 0.80 1.6 1.8 1.6 1.4 2
Inflation Rate Mom (%) 1.10 0.4 0.6 0.3 0.7 1
Producer Prices Change (%) 2.30 2.5 2.3 2.3 2.3 2.6
Consumer Price Index CPI (points) 220.00 224 228 226 226 235
CPI Transportation (points) 215.43 216 218 221 220 230

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 3.00 3.5 3.5 3.5 3.5 3.5
Deposit Interest Rate (%) 1.75 1.75 1.5 2 1.5 2
Foreign Exchange Reserves (USD Million) 62000.00 48600 50000 45000 40000 38000

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (USD Million) -2740.00 1000 900 600 600 1000
Current Account (USD Billion) -5.41 -5.7 -3.1 -4.64 -4.64 -4.64
Current Account to GDP (%) -12.60 -15 -15 -15 -14.5 -14.5
Imports (USD Million) 12120.00 12000 12500 12400 12400 12500
Exports (USD Million) 9380.00 13000 13400 13000 13000 13500
Crude Oil Production (BBL/D/1K) 1004.00 1150 1200 1250 1220 1190
Foreign Direct Investment (USD Billion) 0.48 0.32 0.5 0.48 0.48 0.55

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 46.10 60 60 60 67 67
Government Budget (% of GDP) -7.90 -8.6 -8.6 -8.6 -7.5 -7.5
Government Spending (DZD Million) 527605.30 509139 512832 513888 518636 537013

Taxes Actual Q2 Q3 Q4 Q1 2021
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 19.00 19 19 19 19 19
Social Security Rate (%) 35.00 35 35 35 35 35
Social Security Rate For Companies (%) 26.00 26 26 26 26 26
Social Security Rate For Employees (%) 9.00 9 9 9 9 9

Business Actual Q2 Q3 Q4 Q1 2021
Industrial Production (%) 5.00 1.8 3 2.2 2.2 3
Manufacturing Production (%) 4.60 -2.3 -2 -2.1 -2.1 -1.9
Mining Production (Percent) -1.40 -12.17 -8 -8 -8 -11.51

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Spending (DZD Million) 8568300.00 8268410 8328388 8345524 8422639 8721073


This page has economic forecasts for Algeria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Algeria economy.