Markets Actual Q1 Q2 Q3 Q4 2020
Currency 119.49 119 120 120 120 121
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 1.20 1.2 1.4 1.6 1.7 1.5
Unemployment Rate (%) 11.70 13 13.5 13.7 13.8 14
Inflation Rate (%) 1.60 2.7 3.1 2.8 3 3.1
Interest Rate (%) 3.75 3.75 3.5 3.5 3.5 3.75
Balance of Trade (USD Million) -2740.00 1500 1000 900 600 1000
Current Account (USD Billion) -5.41 -5.7 -5.7 -3.1 -4.64 -4.64
Current Account to GDP (%) -9.00 -7.5 -7.5 -7.5 -7.5 -6.3
Government Debt to GDP (%) 36.90 46 46 46 46 48
Government Budget (% of GDP) -5.20 -7.2 -7.2 -7.2 -7.2 -6.8
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 2020
GDP Annual Growth Rate (%) 1.20 1.2 1.4 1.6 1.7 1.5
GDP (USD Billion) 180.69 175 175 175 175 183
GDP Constant Prices (DZD Billion) 198613.00 200996 201394 201791 201989 205019
Gross Fixed Capital Formation (DZD Million) 8202500.00 8300930 8317335 8333740 8341943 8467072
GDP per capita (USD) 4815.60 4822 4822 4822 4822 4825
GDP per capita PPP (USD) 13886.13 14281 13974 13974 13936 13936
GDP From Agriculture (DZD Billion) 2491.10 2521 2526 2531 2533 2571
GDP From Construction (DZD Billion) 2413.30 2442 2447 2452 2454 2491
GDP From Public Administration (DZD Billion) 3025.50 3062 3068 3074 3077 3123
GDP From Services (DZD Billion) 5306.50 5370 5381 5391 5397 5478
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 11.70 13 13.5 13.7 13.8 14
Unemployed Persons (Thousand) 1440.00 1720 1720 1720 1720 1740
Labor Force Participation Rate (%) 41.80 41.5 41.5 41.5 41.5 41.6
Population (Million) 42.20 44 44 44 44.4 45.5
Retirement Age Men 60.00 60 60 60 60 60
Retirement Age Women 60.00 60 60 60 60 60
Employed Persons (Thousand) 10859.00 10875 10875 10875 10875 10900
Youth Unemployment Rate (%) 29.10 28.7 28.7 28.7 28.7 28.7
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.60 2.7 3.1 2.8 3 3.1
Producer Prices (points) 1434.40 1454 1460 1457 1457 1495
Food Inflation (%) -0.80 2.4 -3 2 1.6 2
Inflation Rate Mom (%) -0.60 1.3 1.4 1.4 1.8 2
Producer Prices Change (%) 3.00 2.8 2.5 2.3 2.3 2.6
Consumer Price Index CPI (points) 221.10 223 226 228 228 235
CPI Transportation (points) 214.33 217 218 218 221 228
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 3.75 3.75 3.5 3.5 3.5 3.75
Deposit Interest Rate (%) 1.75 2 1.75 1.5 2 2
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -2740.00 1500 1000 900 600 1000
Current Account (USD Billion) -5.41 -5.7 -5.7 -3.1 -4.64 -4.64
Current Account to GDP (%) -9.00 -7.5 -7.5 -7.5 -7.5 -6.3
Imports (USD Million) 12120.00 11400 12000 12500 12400 12500
Exports (USD Million) 9380.00 12900 13000 13400 13000 13500
Crude Oil Production (BBL/D/1K) 1026.00 975 1030 1060 1080 1100
Foreign Direct Investment (USD Billion) 0.48 0.54 0.32 0.5 0.48 0.55
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 36.90 46 46 46 46 48
Government Budget (% of GDP) -5.20 -7.2 -7.2 -7.2 -7.2 -6.8
Government Spending (DZD Million) 527605.30 533937 534992 536047 536575 544623
Taxes Actual Q1 Q2 Q3 Q4 2020
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 2020
Industrial Production (%) 4.60 -0.4 1.8 3 2.2 3
Manufacturing Production (%) 0.90 -2.3 -2.3 -2 -2.1 -1.9
Mining Production (Percent) -4.70 -12.17 -11.02 -8 -8 -11.51
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (DZD Million) 8568300.00 8671120 8688256 8705393 8713961 8844671


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.