Markets Actual Q1 Q2 Q3 Q4 2022
Currency 132.23 133 133 133 133 134

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 1.7 3 3.6 4 3.2
Unemployment Rate (%) 11.40 13.6 13.3 13 13 12.7
Inflation Rate (%) 2.40 2.3 2.5 3.2 2.8 4.2
Interest Rate (%) 3.75 2.75 2.75 2.75 2.75 2.75
Balance of Trade (USD Million) -2100.00 600 600 600 -478 1000
Current Account (USD Billion) -4.02 -4.64 -5 -5 -5 -4.64
Current Account to GDP (%) -11.40 -15.9 -15.9 -15.5 -15.9 -13.7
Government Debt to GDP (%) 46.30 67 67 67 67 75
Government Budget (% of GDP) -9.10 -13.6 -13.6 -13.6 -13.6 -13
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 1.7 3 3.6 4 3.2
GDP (USD Billion) 169.99 155 155 155 155 165
GDP Constant Prices (DZD Billion) 20288.40 19355 20633 20897 21019 20129
Gross Fixed Capital Formation (DZD Million) 8207500.00 7829955 8347028 8453725 8209930 8143153
GDP per capita (USD) 4710.60 4600 4600 4600 4600 4700
GDP per capita PPP (USD) 11349.70 10750 10750 10750 10750 11000
GDP From Agriculture (DZD Billion) 2429.40 2318 2471 2502 2436 2410
GDP From Construction (DZD Billion) 2386.80 2277 2427 2458 2260 2368
GDP From Public Administration (DZD Billion) 3025.50 2886 3077 3116 3390 3002
GDP From Services (DZD Billion) 5581.90 5325 5677 5749 5501 5538

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 11.40 13.6 13.3 13 13 12.7
Unemployed Persons (Thousand) 1449.00 1720 1720 1720 1740 1740
Labor Force Participation Rate (%) 41.70 41.5 41.5 41.5 41.6 41.6
Population (Million) 43.40 45.2 45.2 45.2 45.5 46.6
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 29.6 29.6 29.6 30.6 31
Employed Persons (Thousand) 11281.00 10875 10875 10875 10900 10900

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 2.40 2.3 2.5 3.2 2.8 4.2
Producer Prices (points) 1469.80 1430 1470 1470 1471 1471
Food Inflation (%) 0.80 0.8 1.3 0.6 1.1 1.4
Inflation Rate Mom (%) -0.80 1 0.8 1.1 1.1 1.3
Producer Prices Change (%) 3.20 2.3 2.3 2.3 2.6 2.6
Consumer Price Index CPI (points) 226.50 225 228 231 248 231
CPI Transportation (points) 220.47 220 220 223 244 226

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 3.75 2.75 2.75 2.75 2.75 2.75
Deposit Interest Rate (%) 1.75 2 1.75 1.5 2 2
Foreign Exchange Reserves (USD Million) 55000.00 38000 27000 27000 20000 30000

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -2100.00 600 600 600 -478 1000
Current Account (USD Billion) -4.02 -4.64 -5 -5 -5 -4.64
Current Account to GDP (%) -11.40 -15.9 -15.9 -15.5 -15.9 -13.7
Imports (USD Million) 10374.00 12400 12400 12400 12500 12500
Exports (USD Million) 8271.00 13000 13000 13000 13500 13500
Crude Oil Production (BBL/D/1K) 874.00 1220 1220 1220 1190 1150
Tourist Arrivals (Thousand) 2102.00 2000 2000 2000 2000 2150
Foreign Direct Investment (USD Billion) 0.27 0.48 0.48 0.48 0.55 0.55

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 46.30 67 67 67 67 75
Government Budget (% of GDP) -9.10 -13.6 -13.6 -13.6 -13.6 -13
Government Spending (DZD Million) 432190.90 412310 439538 445157 564862 428803

Taxes Actual Q1 Q2 Q3 Q4 2022
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 Q1 Q2 Q3 Q4 2022
Industrial Production (%) -14.10 -5 2.6 3 1.5 2
Manufacturing Production (%) -26.30 3 4 2.7 3.5 3
Mining Production (Percent) -3.60 4 -3 1.8 1.6 3

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Spending (DZD Million) 8920100.00 8509775 9071742 9187703 8579378 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.