Markets Actual Q3 Q4 Q1 Q2 2021
Currency 129.31 129 129 129 130 130

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.80 -2.6 -2.6 1.4 1.4 1.4
GDP Annual Growth Rate (%) -3.90 -5.2 -5.6 1.7 3 5.2
Unemployment Rate (%) 11.40 13.8 14 13.6 13.3 13
Inflation Rate (%) 2.20 2.5 3 2.3 2.5 2.8
Interest Rate (%) 3.75 3 3 2.75 2.75 2.75
Balance of Trade (USD Million) -2740.00 900 600 600 600 1000
Current Account (USD Billion) -4.02 -3.1 -4.64 -4.64 -5 -4.64
Current Account to GDP (%) -11.40 -20 -20 -15.5 -15.5 -15.5
Government Debt to GDP (%) 46.10 60 60 67 67 67
Government Budget (% of GDP) -9.10 -15 -15 -13 -13 -13
Corporate Tax Rate (%) 26.00 26 26 26 26 26
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.80 -2.6 -2.6 1.4 1.4 1.4
GDP Annual Growth Rate (%) -3.90 -5.2 -5.6 1.7 3 5.2
GDP (USD Billion) 169.99 140 140 155 155 155
GDP Constant Prices (DZD Billion) 20288.40 19206 19152 20633 20897 20148
Gross Fixed Capital Formation (DZD Million) 8207500.00 7775970 7743160 8341943 8448575 8145804
GDP per capita (USD) 4710.60 4575 4575 4600 4600 4600
GDP per capita PPP (USD) 11349.70 10900 10900 10750 10750 10750
GDP From Agriculture (DZD Billion) 2429.40 2301 2293 2471 2502 2413
GDP From Construction (DZD Billion) 2386.80 2137 2253 2427 2458 2370
GDP From Public Administration (DZD Billion) 3025.50 2868 2856 3077 3116 3005
GDP From Services (DZD Billion) 5581.90 5031 5009 5397 5466 5270

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 11.40 13.8 14 13.6 13.3 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 44.4 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 29.5 29.8 29.6 29.6 30.6
Employed Persons (Thousand) 11001.00 10875 10875 10875 10875 10900

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 2.20 2.5 3 2.3 2.5 2.8
Producer Prices (points) 1448.00 1468 1470 1470 1470 1508
Food Inflation (%) 0.60 -0.3 1 1.3 0.8 1.5
Inflation Rate Mom (%) -1.60 0.7 0.3 1 0.8 1.1
Producer Prices Change (%) 2.40 2.3 2.3 2.3 2.3 2.6
Consumer Price Index CPI (points) 221.70 227 226 228 231 232
CPI Transportation (points) 217.99 218 221 220 223 227

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 3.75 3 3 2.75 2.75 2.75
Deposit Interest Rate (%) 1.75 1.75 1.75 1.5 1.5 1.5
Foreign Exchange Reserves (USD Million) 55000.00 47000 44000 38000 27000 20000

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -2740.00 900 600 600 600 1000
Current Account (USD Billion) -4.02 -3.1 -4.64 -4.64 -5 -4.64
Current Account to GDP (%) -11.40 -20 -20 -15.5 -15.5 -15.5
Imports (USD Million) 12120.00 12500 12400 12400 12400 12500
Exports (USD Million) 9380.00 13400 13000 13000 13000 13500
Crude Oil Production (BBL/D/1K) 859.00 1200 1250 1220 1220 1190
Tourist Arrivals (Thousand) 2102.00 1960 1960 2000 2000 2000
Foreign Direct Investment (USD Billion) 0.48 0.5 0.48 0.48 0.48 0.55

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 46.10 60 60 67 67 67
Government Budget (% of GDP) -9.10 -15 -15 -13 -13 -13
Government Spending (DZD Million) 527605.30 500170 498059 536575 543433 523958

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2021
Industrial Production (%) -6.70 -7 -10 -5 2.6 1.5
Manufacturing Production (%) -14.20 -4 -10 3 4 3.5
Mining Production (Percent) -4.80 -2 -7 4 -3 1.6

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (DZD Million) 8920100.00 8122748 8088475 8713961 8825349 8509076


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.