Secondary income balance (credit less debit), Net (credits less) in Algeria
Algeria: Secondary income balance (credit less debit), Net (credits less) was 1.73 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Algeria, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Algeria stood at 1.73 billion.
The figure is down 7.9% on the previous year and down 46.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Algeria peaked at 3.39 billion in 2018 and was at its lowest, 1.61 billion, in 2006.
That places Algeria 54th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.07 billion | — |
| 2006 | 1.61 billion | -22.1% |
| 2007 | 2.21 billion | +36.9% |
| 2008 | 2.71 billion | +22.8% |
| 2009 | 2.65 billion | -2.0% |
| 2010 | 2.66 billion | +0.4% |
| 2011 | 2.79 billion | +4.6% |
| 2012 | 3.16 billion | +13.3% |
| 2013 | 2.79 billion | -11.6% |
| 2014 | 3.21 billion | +15.0% |
| 2015 | 2.75 billion | -14.3% |
| 2016 | 2.82 billion | +2.5% |
| 2017 | 2.94 billion | +4.5% |
| 2018 | 3.39 billion | +15.2% |
| 2019 | 3.01 billion | -11.4% |
| 2020 | 2.25 billion | -25.0% |
| 2021 | 1.95 billion | -13.4% |
| 2022 | 2.03 billion | +4.2% |
| 2023 | 1.88 billion | -7.5% |
| 2024 | 1.73 billion | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.25 billion | 1.61 billion | 2.71 billion | 5 |
| 2010s | 2.95 billion | 2.66 billion | 3.39 billion | 10 |
| 2020s | 1.97 billion | 1.73 billion | 2.25 billion | 5 |
Countries ranked near Algeria
More financial sector data for Algeria
- Net domestic credit (current LCU), per capita 600,182 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 99.19 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.78 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 195.30 million SDR (2025)
- Gold reserves at market value 17.80 billion SDR (2025)
- Reserves excluding gold, foreign exchange 34.63 billion SDR (2025)
- Reserves excluding gold 38.30 billion SDR (2025)
- Total reserves (gold at market value) 56.10 billion SDR (2025)
- Total reserves (gold at national valuation) 38.30 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 807.43 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Algeria?
- Secondary income balance (credit less debit), net (credits less) in Algeria was 1.73 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Algeria?
- The highest recorded value was 3.39 billion in 2018.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Algeria?
- The lowest recorded value was 1.61 billion in 2006.
- How does Algeria rank for secondary income balance (credit less debit), net (credits less)?
- Algeria ranks 54th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Algeria?
- Over the last ten years it is down 46.1%. The long-run trend across the full record is falling.
- Where does this Algeria data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.