Key data points
Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
18.60 % on Mar 31, 2025
Lowest
−7.80 % on Dec 31, 2024
About Algeria GDP Growth Rate
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.