Current account balance (credit less debit), Percent of GDP (Balance) in Algeria
Algeria: Current account balance (credit less debit), Percent of GDP (Balance) was -2.73 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Algeria, 2001–2030
Source: International Monetary Fund.
Analysis
Algeria recorded -2.73 for current account balance (credit less debit), percent of gdp (balance) in 2030.
Compared with earlier readings it is up 9.2% on the previous year and up 75.9% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Algeria peaked at 23.52 in 2006 and was at its lowest, -14.65, in 2016.
That places Algeria 15th out of 32 countries with data for 2030, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 11.88 | — |
| 2002 | 7.09 | -40.4% |
| 2003 | 11.99 | +69.2% |
| 2004 | 12.09 | +0.9% |
| 2005 | 19.79 | +63.6% |
| 2006 | 23.52 | +18.9% |
| 2007 | 21.48 | -8.7% |
| 2008 | 19.1 | -11.1% |
| 2009 | 0.2731 | -98.6% |
| 2010 | 6.84 | +2403.3% |
| 2011 | 9.07 | +32.6% |
| 2012 | 5.41 | -40.3% |
| 2013 | 0.3635 | -93.3% |
| 2014 | -3.95 | -1186.4% |
| 2015 | -14.55 | +268.6% |
| 2016 | -14.65 | +0.6% |
| 2017 | -11.75 | -19.7% |
| 2018 | -8.68 | -26.1% |
| 2019 | -8.75 | +0.8% |
| 2020 | -11.34 | +29.6% |
| 2021 | -2.43 | -78.6% |
| 2022 | 8.45 | -448.0% |
| 2023 | 2.41 | -71.5% |
| 2024 | -1.07 | -144.5% |
| 2025 | -3.68 | +242.8% |
| 2026 | -3.83 | +4.2% |
| 2027 | -3.53 | -7.9% |
| 2028 | -3.46 | -2.0% |
| 2029 | -3 | -13.2% |
| 2030 | -2.73 | -9.2% |
Algeria compared with similar countries
- Algeria's -2.73 is below the median for upper middle income countries, which is -2.68, 1.0× the median. (10 countries reporting)
- Algeria's -2.73 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.3292, 8.3× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +2403.3% | 0.2731 | 6.84 |
| 2014 | -1186.4% | 0.3635 | -3.95 |
| 2022 | +448.0% | -2.43 | 8.45 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.13 | 0.2731 | 23.52 | 9 |
| 2010s | -4.06 | -14.65 | 9.07 | 10 |
| 2020s | -2.15 | -11.34 | 8.45 | 10 |
| 2030s | -2.73 | -2.73 | -2.73 | 1 |
Countries ranked near Algeria
- 12 Pakistan -1.08 compare
- 13 Tajikistan -1.98 compare
- 14 Kazakhstan -2.62 compare
- 16 Saudi Arabia -2.81 compare
- 17 Syria -2.84 compare
- 18 Morocco -2.96 compare
More financial sector data for Algeria
- Reserve position in the IMF, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 14.63 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.28 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 14.63 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.28 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Algeria?
- Current account balance (credit less debit), percent of gdp (balance) in Algeria was -2.73 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Algeria?
- The highest recorded value was 23.52 in 2006.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Algeria?
- The lowest recorded value was -14.65 in 2016.
- How does Algeria rank for current account balance (credit less debit), percent of gdp (balance)?
- Algeria ranks 15th out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Algeria?
- Over the last ten years it is up 75.9%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.