Algeria recorded a Government Budget deficit equal to 7.90 percent of the country's Gross Domestic Product in 2019.

Government Budget in Algeria averaged 1.63 percent of GDP from 1990 until 2019, reaching an all time high of 14.70 percent of GDP in 2006 and a record low of -15 percent of GDP in 2015. This page provides - Algeria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria Government Budget - values, historical data and charts - was last updated on October of 2020.

Government Budget in Algeria is expected to reach -15.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Government Budget is projected to trend around -13.00 percent of GDP in 2021 and -10.00 percent of GDP in 2022, according to our econometric models.

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Algeria Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-9.10 -7.00 14.70 -15.00 1990 - 2019 percent of GDP Yearly

Algeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.10 36.90 116.20 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 Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.