Markets Actual Q4 Q1 Q2 Q3 2021
Currency 128.76 129 129 130 130 130

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) 0.80 -2.6 1.4 1.4 1.4 1.4
GDP Annual Growth Rate (%) -3.90 -4.6 1.7 3 3.6 4
Unemployment Rate (%) 11.40 14 13.6 13.3 13 13
Inflation Rate (%) 1.20 3 2.3 2.5 3.2 2.8
Interest Rate (%) 3.00 3 2.75 2.75 2.75 2.75
Balance of Trade (USD Million) -2100.00 600 600 600 600 1000
Current Account (USD Billion) -4.02 -4.64 -4.64 -5 -5 -4.64
Current Account to GDP (%) -11.40 -18 -15.9 -15.9 -15.5 -15.9
Government Debt to GDP (%) 46.10 80 70 70 70 70
Government Budget (% of GDP) -9.10 -10 -13.6 -13.6 -13.6 -13.6
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) 0.80 -2.6 1.4 1.4 1.4 1.4
GDP Annual Growth Rate (%) -3.90 -4.6 1.7 3 3.6 4
GDP (USD Billion) 169.99 140 155 155 155 155
GDP Constant Prices (DZD Billion) 20288.40 19355 20633 20897 21019 20129
Gross Fixed Capital Formation (DZD Million) 8207500.00 7829955 8347028 8453725 8502970 8143153
GDP per capita (USD) 4710.60 4575 4600 4600 4600 4600
GDP per capita PPP (USD) 11349.70 10900 10750 10750 10750 10750
GDP From Agriculture (DZD Billion) 2429.40 2318 2471 2502 2517 2410
GDP From Construction (DZD Billion) 2386.80 2277 2427 2458 2473 2368
GDP From Public Administration (DZD Billion) 3025.50 2886 3077 3116 3134 3002
GDP From Services (DZD Billion) 5581.90 5325 5677 5749 5783 5538

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 11.40 14 13.6 13.3 13 13
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 44.4 45.2 45.2 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 29.8 29.6 29.6 29.6 30.6
Employed Persons (Thousand) 11001.00 10875 10875 10875 10875 10900

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 1.20 3 2.3 2.5 3.2 2.8
Producer Prices (points) 1469.80 1430 1470 1470 1470 1471
Food Inflation (%) -1.70 0.4 0.7 1.3 0.6 1.1
Inflation Rate Mom (%) 1.30 0.3 1 0.8 1.1 1.1
Producer Prices Change (%) 3.20 2.3 2.3 2.3 2.3 2.6
Consumer Price Index CPI (points) 221.70 236 226 228 231 248
CPI Transportation (points) 220.20 233 221 220 223 244

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 3.00 3 2.75 2.75 2.75 2.75
Deposit Interest Rate (%) 1.75 2 1.75 1.5 1.5 2
Foreign Exchange Reserves (USD Million) 55000.00 44000 38000 27000 27000 20000

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -2100.00 600 600 600 600 1000
Current Account (USD Billion) -4.02 -4.64 -4.64 -5 -5 -4.64
Current Account to GDP (%) -11.40 -18 -15.9 -15.9 -15.5 -15.9
Imports (USD Million) 10374.00 12400 12400 12400 12400 12500
Exports (USD Million) 8271.00 13000 13000 13000 13000 13500
Crude Oil Production (BBL/D/1K) 861.00 1250 1220 1220 1220 1190
Tourist Arrivals (Thousand) 2102.00 1960 2000 2000 2000 2000
Foreign Direct Investment (USD Billion) 0.27 0.48 0.48 0.48 0.48 0.55

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 46.10 80 70 70 70 70
Government Budget (% of GDP) -9.10 -10 -13.6 -13.6 -13.6 -13.6
Government Spending (DZD Million) 432190.90 412310 439538 445157 447750 428803

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Industrial Production (%) -14.10 -10 -5 2.6 3 1.5
Manufacturing Production (%) -26.30 -10 3 4 2.7 3.5
Mining Production (Percent) -3.60 -7 4 -3 1.8 1.6

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (DZD Million) 8920100.00 8509775 9071742 9187703 9241224 8850166


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.