Algeria GDP Growth Rate

The Gross Domestic Product (GDP) in Algeria expanded 1.40 percent in 2018 from the previous year. GDP Growth Rate in Algeria averaged 3.39 percent from 2001 until 2018, reaching an all time high of 6.70 percent in 2003 and a record low of 1.30 percent in 2017.

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Algeria GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	1.50	2.30	6.70	-0.40	percent	[+]
GDP	180.69	167.56	213.80	2.00	USD Billion	[+]
GDP Constant Prices	198613.00	195871.00	198613.00	36065.00	DZD Billion	[+]
Gross Fixed Capital Formation	8202500.00	7698000.00	8202500.00	541826.00	DZD Million	[+]
GDP per capita	4815.60	4812.20	4834.20	1638.20	USD	[+]
GDP per capita PPP	13886.13	13876.29	13939.94	9174.30	USD	[+]
GDP From Agriculture	2491.10	2281.90	2491.10	346.20	DZD Billion	[+]
GDP From Construction	2413.30	2202.80	2413.30	271.30	DZD Billion	[+]
GDP From Public Administration	3025.50	3064.50	3064.50	424.80	DZD Billion	[+]
GDP From Services	5306.50	4867.10	5306.50	770.30	DZD Billion	[+]

Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has $150 billion in foreign currency reserves and a large stabilization fund. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.40	1.30	6.70	1.30	2001 - 2018	percent	Yearly

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Country	Last		Previous	Range
Indonesia	4.20	Jun/19	-0.52	4.21 : -3.57	%
South Africa	3.10	Jun/19	-3.1	7.6 : -6.1	%
United States	2.00	Jun/19	3.1	16.7 : -10	%
China	1.60	Jun/19	1.4	2.4 : 1.4	%
Turkey	1.20	Jun/19	1.6	5.7 : -5.2	%
India	1.00	Jun/19	1.3	5.8 : -1.8	%
South Korea	1.00	Jun/19	0.9	7.8 : -7	%
Canada	0.90	Jun/19	0.1	3.1 : -2.3	%
Singapore	0.60	Sep/19	-2.7	27.2 : -10.9	%
Australia	0.50	Jun/19	0.5	4.4 : -2	%
Brazil	0.40	Jun/19	-0.1	4 : -3.9	%
Netherlands	0.40	Jun/19	0.4	1.7 : -3.6	%
Spain	0.40	Jun/19	0.5	1.6 : -2.6	%
France	0.30	Jun/19	0.3	8 : -5.3	%
Japan	0.30	Jun/19	0.5	3.2 : -4.8	%
Switzerland	0.30	Jun/19	0.4	2.4 : -1.9	%
Euro Area	0.20	Jun/19	0.4	1.3 : -3	%
Russia	0.20	Jun/19	0.2	4.1 : -5.4	%
Italy	0.00	Jun/19	0.1	6 : -2.7	%
Mexico	0.00	Jun/19	-0.3	3.2 : -5.7	%
Saudi Arabia	0.00	Mar/19	1.07	8.51 : -2.14	%
Germany	-0.10	Jun/19	0.4	4 : -4.7	%
United Kingdom	-0.20	Jun/19	0.6	5 : -2.7	%
Argentina	-0.30	Jun/19	0	5.1 : -5.7	%