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Algeria · Economy

Algeria economy: GDP, investment, trade and remittances

How large the Algeria economy is and how fast it is growing, who invests in it, what it sells and buys, how much its citizens abroad send home, who it owes and what it holds in reserve. The latest published year is shown with each figure.

GDP
US$287.0 billion
current US$, 2025
Real GDP growth
3.8%
2025
GDP per person
US$6,051
current US$, 2025
Exports of goods
US$51.9 billion
2024
Remittances received
US$1.7 billion
2025, 0.6% of GDP
Foreign direct investment, net inflows
US$1.5 billion
2025, 0.5% of GDP

Algeria economy snapshot: GDP, growth and income per person

Algeria's GDP was US$287.0 billion in 2025, after real growth of 3.8%.

GDP

Current US dollars.

0100bn200bn300bn201520172019202120232025GDP 2015: US$187.5 billionGDP 2016: US$180.8 billionGDP 2017: US$189.9 billionGDP 2018: US$194.6 billionGDP 2019: US$193.5 billionGDP 2020: US$164.9 billionGDP 2021: US$186.2 billionGDP 2022: US$225.6 billionGDP 2023: US$247.9 billionGDP 2024: US$269.3 billionGDP 2025: US$287.0 billion

Real GDP growth

Annual change, per cent. Red bars are contractions.

-5%-3%0%3%5%201520172019202120232025Real GDP growth 2015: 3.2%Real GDP growth 2016: 3.9%Real GDP growth 2017: 1.5%Real GDP growth 2018: 1.4%Real GDP growth 2019: 0.9%Real GDP growth 2020: -5.0%Real GDP growth 2021: 3.8%Real GDP growth 2022: 3.6%Real GDP growth 2023: 4.1%Real GDP growth 2024: 3.7%Real GDP growth 2025: 3.8%

GDP per person

Current US dollars.

02k4k6k8k201520172019202120232025GDP per person 2015: US$4,685GDP per person 2016: US$4,425GDP per person 2017: US$4,555GDP per person 2018: US$4,577GDP per person 2019: US$4,468GDP per person 2020: US$3,744GDP per person 2021: US$4,161GDP per person 2022: US$4,960GDP per person 2023: US$5,370GDP per person 2024: US$5,753GDP per person 2025: US$6,051

Source: World Bank, 2025. Method

Who invests in Algeria and in what

Direct investment by investing country

United States was the largest investing country in Algeria, at 29% of inward direct investment positions in 2024.

Inward direct investment positions in Algeria at the end of 2024: the stock of foreign direct investment, not a year's new flow. The 10 largest investing countries.

United StatesUS$7.5 billion29.0%
ItalyUS$3.2 billion12.6%
FranceUS$2.4 billion9.5%
SpainUS$1.7 billion6.6%
United KingdomUS$1.4 billion5.5%
GermanyUS$1.0 billion3.9%
United Arab EmiratesUS$788 million3.1%
ChinaUS$631 million2.5%
Egypt, Arab Republic ofUS$602 million2.3%
JordanUS$539 million2.1%

Source: IMF, 2024. Method

What Algeria sells and buys

Mineral fuels and oils was 93% of exports in 2024.

Algeria sold the most to Italy, 24% of exports in 2024.

Exports by product, 2024

Tile area follows value. Each tile is a customs chapter of the Harmonized System; hover for the full name.

Mineral fuels, mineral oils and products of their distillation: US$48.3 billion, 93.1%Mineral fuels and oils93%Fertilizers: US$942 million, 1.8%Iron and steel: US$702 million, 1.4%Inorganic chemicals: US$597 million, 1.2%Salt: US$520 million, 1.0%Fruit and nuts, edible: US$89 million, 0.2%Sugars and sugar confectionery: US$85 million, 0.2%Nuclear reactors, boilers, machinery and mechanical appliances: US$70 million, 0.1%Glass and glassware: US$60 million, 0.1%Paper and paperboard: US$52 million, 0.1%Plastics and articles thereof: US$43 million, 0.1%Organic chemicals: US$41 million, 0.1%All other chapters: US$359 million, 0.7%

Source: UN Comtrade, 2024. Method

Top buyers, 2024

Share of Algeria's exports.

ItalyUS$12.4 billion24.0%
FranceUS$7.6 billion14.6%
SpainUS$6.4 billion12.3%
TurkeyUS$3.5 billion6.7%
United StatesUS$2.6 billion5.0%
NetherlandsUS$2.4 billion4.6%
CongoUS$2.2 billion4.2%
ChinaUS$2.0 billion3.8%
TunisiaUS$1.9 billion3.6%
BelgiumUS$1.5 billion2.8%

Top suppliers, 2024

Share of Algeria's imports.

ChinaUS$10.6 billion22.3%
ItalyUS$3.2 billion6.7%
FranceUS$3.1 billion6.6%
BrazilUS$3.0 billion6.4%
TurkeyUS$2.6 billion5.4%
GermanyUS$2.3 billion4.8%
RussiaUS$2.0 billion4.3%
United StatesUS$1.4 billion2.9%
CanadaUS$1.2 billion2.6%
IndiaUS$1.2 billion2.4%

Source: UN Comtrade, 2024. Method

What Algeria buys, 2024

The 8 largest product chapters in imports.

Machinery and mechanical appliancesUS$6.6 billion14.0%
CerealsUS$4.6 billion9.7%
Electrical machinery and equipmentUS$3.2 billion6.7%
PlasticsUS$3.1 billion6.6%
VehiclesUS$3.0 billion6.2%
Pharmaceutical productsUS$2.0 billion4.2%
Iron and steelUS$1.8 billion3.7%
Dairy produceUS$1.6 billion3.3%

Source: UN Comtrade, 2024. Method

Trade balance of goods

Exports minus imports. Red bars are years when imports were larger. A year is left out when either side is not published.

-20bn-10bn010bn2015201620172024Trade balance 2015: -US$17.0 billion (exports US$34.8 billion, imports US$51.8 billion)Trade balance 2016: -US$17.1 billion (exports US$30.0 billion, imports US$47.1 billion)Trade balance 2017: -US$10.9 billion (exports US$35.2 billion, imports US$46.1 billion)Trade balance 2024: US$4.5 billion (exports US$51.9 billion, imports US$47.4 billion)

Source: UN Comtrade, 2024. Method

Remittances against foreign direct investment in Algeria

Remittances to Algeria were 1.1 times foreign direct investment in 2025.

Foreign direct investment net inflows were negative in 2015: more investment left Algeria than came in.

Remittances receivedForeign direct investment, net inflows
-1.0bn01.0bn2.0bn201520172019202120232025Remittances 2015: US$2.0 billionRemittances 2016: US$2.0 billionRemittances 2017: US$1.8 billionRemittances 2018: US$2.0 billionRemittances 2019: US$1.8 billionRemittances 2020: US$1.7 billionRemittances 2021: US$1.8 billionRemittances 2022: US$1.7 billionRemittances 2023: US$1.9 billionRemittances 2024: US$1.8 billionRemittances 2025: US$1.7 billionForeign direct investment 2015: -US$538 millionForeign direct investment 2016: US$1.6 billionForeign direct investment 2017: US$1.2 billionForeign direct investment 2018: US$1.5 billionForeign direct investment 2019: US$1.4 billionForeign direct investment 2020: US$1.1 billionForeign direct investment 2021: US$869 millionForeign direct investment 2022: US$242 millionForeign direct investment 2023: US$1.2 billionForeign direct investment 2024: US$1.3 billionForeign direct investment 2025: US$1.5 billion

Source: World Bank, 2026. Method

Remittances and investment as a share of GDP

The same two flows measured against the size of the economy.

Remittances, share of GDPForeign direct investment, share of GDP
-1%0%1%1%2%201520172019202120232025Remittances 2015: 1.1%Remittances 2016: 1.1%Remittances 2017: 0.9%Remittances 2018: 1.0%Remittances 2019: 0.9%Remittances 2020: 1.0%Remittances 2021: 1.0%Remittances 2022: 0.8%Remittances 2023: 0.8%Remittances 2024: 0.7%Remittances 2025: 0.6%Foreign direct investment 2015: -0.3%Foreign direct investment 2016: 0.9%Foreign direct investment 2017: 0.6%Foreign direct investment 2018: 0.8%Foreign direct investment 2019: 0.7%Foreign direct investment 2020: 0.7%Foreign direct investment 2021: 0.5%Foreign direct investment 2022: 0.1%Foreign direct investment 2023: 0.5%Foreign direct investment 2024: 0.5%Foreign direct investment 2025: 0.5%

Source: World Bank, 2026. Method

Who Algeria owes

External debt stock by type of creditor. Creditor types cover public and publicly guaranteed debt; the grey part is the rest of the total external debt stock. A creditor type with no published figure is not shown.

Multilateral creditors held 10% of Algeria's external debt stock in 2024.

Public external debt owed to China was US$64 million in 2024, 1% of the external debt stock.

MultilateralBilateralCommercial banksRest of the totalPublic debt owed to China
02.0bn4.0bn6.0bn8.0bn20152017201920212023Multilateral 2015: US$1.1 millionBilateral 2015: US$751 millionCommercial banks 2015: US$37 millionRest of the total 2015: US$3.9 billionMultilateral 2016: US$949 millionBilateral 2016: US$630 millionCommercial banks 2016: US$24 millionRest of the total 2016: US$3.9 billionMultilateral 2017: US$1.1 billionBilateral 2017: US$603 millionCommercial banks 2017: US$16 millionRest of the total 2017: US$4.0 billionMultilateral 2018: US$1.0 billionBilateral 2018: US$481 millionCommercial banks 2018: US$9.4 millionRest of the total 2018: US$4.2 billionMultilateral 2019: US$1.0 billionBilateral 2019: US$386 millionCommercial banks 2019: US$4.7 millionRest of the total 2019: US$4.1 billionMultilateral 2020: US$1.1 billionBilateral 2020: US$338 millionCommercial banks 2020: US$2.5 millionRest of the total 2020: US$3.7 billionMultilateral 2021: US$984 millionBilateral 2021: US$256 millionCommercial banks 2021: US$536 thousandRest of the total 2021: US$6.1 billionMultilateral 2022: US$860 millionBilateral 2022: US$195 millionRest of the total 2022: US$6.1 billionMultilateral 2023: US$826 millionBilateral 2023: US$166 millionRest of the total 2023: US$6.3 billionMultilateral 2024: US$717 millionBilateral 2024: US$134 millionRest of the total 2024: US$6.0 billionPublic debt owed to China 2015: US$69 millionPublic debt owed to China 2016: US$66 millionPublic debt owed to China 2017: US$73 millionPublic debt owed to China 2018: US$70 millionPublic debt owed to China 2019: US$68 millionPublic debt owed to China 2020: US$74 millionPublic debt owed to China 2021: US$71 millionPublic debt owed to China 2022: US$66 millionPublic debt owed to China 2023: US$67 millionPublic debt owed to China 2024: US$64 million

Source: World Bank, 2026. Method

Reserves and months of import cover

Total reserves including gold, and how many months of imports they cover.

Reserves, US$Months of imports
050bn100bn150bn200bn0102030201520172019202120232025Reserves 2015: US$150.6 billionReserves 2016: US$120.8 billionReserves 2017: US$104.9 billionReserves 2018: US$87.4 billionReserves 2019: US$71.8 billionReserves 2020: US$59.4 billionReserves 2021: US$56.2 billionReserves 2022: US$71.9 billionReserves 2023: US$81.2 billionReserves 2024: US$83.0 billionReserves 2025: US$76.8 billionMonths of imports 2015: 25.9 monthsMonths of imports 2016: 22.6 monthsMonths of imports 2017: 19.4 monthsMonths of imports 2018: 15.9 monthsMonths of imports 2019: 14.5 monthsMonths of imports 2020: 15.4 monthsMonths of imports 2021: 13.8 monthsMonths of imports 2022: 16.3 monthsMonths of imports 2023: 17.1 monthsMonths of imports 2024: 16.5 monthsMonths of imports 2025: 11.6 months

Source: World Bank, 2026. Method

Aid received by Algeria

Net official development assistance and official aid received.

0100m200m300m20152017201920212023Aid received 2015: US$71 millionAid received 2016: US$145 millionAid received 2017: US$175 millionAid received 2018: US$145 millionAid received 2019: US$173 millionAid received 2020: US$211 millionAid received 2021: US$217 millionAid received 2022: US$216 millionAid received 2023: US$202 million

Source: World Bank, 2026. Method