Markets Actual Q3 Q4 Q1 Q2 2022
Currency 136.11 137 137 138 138 139

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 3.8 3.4 1.6 2 2.3
Unemployment Rate (%) 11.40 16 15.4 16.2 15.7 15
Inflation Rate (%) 4.12 4.6 4.3 3.6 3 4
Interest Rate (%) 3.00 3 3 3 3.25 3.25
Balance of Trade (USD Million) -1400.00 -3200 -3400 -3950 -4520 -4500
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (% of GDP) -10.80 -8 -8 -9.2 -9.2 -9.2
Government Debt to GDP (% of GDP) 57.20 65 65 70 70 70
Government Budget (% of GDP) -11.50 -12 -12 -10.6 -10.6 -10.6
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 2022
GDP Growth Rate (%) 0.80 1.4 1.4 1.4 1.4 1.2
GDP Annual Growth Rate (%) -3.90 3.8 3.4 1.6 2 2.3
GDP (USD Billion) 145.16 155 155 155 155 165
GDP Constant Prices (DZD Billion) 20284.20 21055 20974 20609 20690 21456
Gross Fixed Capital Formation (DZD Million) 7904609.90 8204985 8173367 8031084 8062702 8361354
GDP per capita (USD) 4362.74 4600 4600 4600 4600 4700
GDP per capita PPP (USD) 10681.68 10750 10750 10750 10750 11000
GDP From Agriculture (DZD Billion) 2429.40 2522 2512 2468 2478 2570
GDP From Construction (DZD Billion) 2386.80 2477 2468 2425 2435 2525
GDP From Public Administration (DZD Billion) 3120.20 3239 3226 3170 3183 3300
GDP From Services (DZD Billion) 5577.60 5790 5767 5667 5689 5900

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 11.40 16 15.4 16.2 15.7 15
Unemployed Persons (Thousand) 1449.00 1720 1740 1740 1740 1740
Labor Force Participation Rate (%) 42.20 41.5 41.6 41.6 41.6 41.6
Population (Million) 44.23 45.2 45.5 45.5 45.5 46.6
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 29.6 30.6 30.6 30.6 31
Employed Persons (Thousand) 11281.00 10875 10900 10900 10900 10900

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.12 4.6 4.3 3.6 3 4
Producer Prices (points) 1524.30 1518 1471 1581 1575 1591
Food Inflation (%) 3.79 6 4.5 3.7 3.2 2
Inflation Rate Mom (%) -1.10 1.1 1.2 0.7 -0.1 0.6
Producer Prices Change (%) 5.35 3.4 4 3.7 3.3 3
Consumer Price Index CPI (points) 234.70 235 235 241 242 245
CPI Transportation (points) 221.19 230 230 229 228 239

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.00 3 3 3 3.25 3.25
Deposit Interest Rate (%) 1.75 1.75 1.75 1.75 2 2
Foreign Exchange Reserves (USD Million) 55000.00 27000 20000 20000 20000 30000

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -1400.00 -3200 -3400 -3950 -4520 -4500
Current Account (USD Billion) -2.97 -5 -5 -5 -5 -4.64
Current Account to GDP (% of GDP) -10.80 -8 -8 -9.2 -9.2 -9.2
Imports (USD Million) 10200.00 11600 12000 11750 12100 12200
Exports (USD Million) 8798.00 8400 8600 7800 7580 7700
Crude Oil Production (BBL/D/1K) 921.00 1220 1190 1190 1190 1150
Tourist Arrivals (Thousand) 2371.00 2000 2000 2000 2000 2150
Foreign Direct Investment (USD Billion) 0.32 0.48 0.55 0.55 0.55 0.55

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 57.20 65 65 70 70 70
Government Budget (% of GDP) -11.50 -12 -12 -10.6 -10.6 -10.6
Government Spending (DZD Million) 432190.90 448614 446885 439106 440835 457164

Taxes Actual Q3 Q4 Q1 Q2 2022
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 2022
Industrial Production (%) 0.40 3 1.5 1.5 1.5 2
Manufacturing Production (%) 3.90 2.7 3.5 3.5 3.5 3
Mining Production (Percent) -4.50 1.8 1.6 1.6 1.6 3

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (DZD Million) 8748021.60 9080446 9045454 8887990 8922982 9253500


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.