Government Debt to GDP in Algeria increased to 46.30 percent in 2019 from 38.20 percent in 2018. source: Bank of Algeria

Government Debt to GDP in Algeria averaged 43.61 percent from 1991 until 2019, reaching an all time high of 116.20 percent in 1995 and a record low of 7.60 percent in 2013. This page provides - Algeria Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Algeria is expected to reach 57.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Government Debt to GDP is projected to trend around 67.00 percent in 2021 and 75.00 percent in 2022, according to our econometric models.

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Algeria Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
46.30 38.20 116.20 7.60 1991 - 2019 percent Yearly

Algeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.30 38.20 116.20 7.60 percent [+]
Government Budget -9.10 -7.00 14.70 -15.00 percent of GDP [+]
Government Spending 432190.90 527605.30 712707.40 85906.60 DZD Million [+]
Military Expenditure 9459.00 10073.00 10637.00 217.00 USD Million [+]
Credit Rating 15.00 [+]

Algeria Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.