Services balance (credit less debit), Net (credits less debits) (US) in Algeria
Algeria: Services balance (credit less debit), Net (credits less debits) (US) was -4.91 billion in 2024. ▬ Flat
Services balance (credit less debit), Net (credits less debits) in Algeria, 2005–2024
Source: International Monetary Fund.
Analysis
Algeria recorded -4.91 billion for services balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 12.3% on the previous year and up 40.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Algeria peaked at -2.27 billion in 2006 and was at its lowest, -8.98 billion, in 2011.
That places Algeria 166th out of 197 countries with data for 2024, putting it in the bottom quarter.
Services balance (credit less debit), Net (credits less debits) (US) in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.32 billion | — |
| 2006 | -2.27 billion | -1.9% |
| 2007 | -3.96 billion | +74.1% |
| 2008 | -7.61 billion | +92.3% |
| 2009 | -8.70 billion | +14.4% |
| 2010 | -8.36 billion | -3.9% |
| 2011 | -8.98 billion | +7.4% |
| 2012 | -7.12 billion | -20.7% |
| 2013 | -7.02 billion | -1.4% |
| 2014 | -8.25 billion | +17.5% |
| 2015 | -7.57 billion | -8.3% |
| 2016 | -7.45 billion | -1.6% |
| 2017 | -8.16 billion | +9.6% |
| 2018 | -8.54 billion | +4.6% |
| 2019 | -6.70 billion | -21.6% |
| 2020 | -4.45 billion | -33.5% |
| 2021 | -3.67 billion | -17.5% |
| 2022 | -4.37 billion | +18.9% |
| 2023 | -4.37 billion | +0.2% |
| 2024 | -4.91 billion | +12.3% |
Algeria compared with similar countries
- Algeria's -4.91 billion is below the median for upper middle income countries, which is 5.85 million. (54 countries reporting)
- Algeria's -4.91 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.90 million. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.97 billion | -8.70 billion | -2.27 billion | 5 |
| 2010s | -7.82 billion | -8.98 billion | -6.70 billion | 10 |
| 2020s | -4.36 billion | -4.91 billion | -3.67 billion | 5 |
Countries ranked near Algeria
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 services balance (credit less debit), net (credits less debits) in Algeria?
- Services balance (credit less debit), net (credits less debits) in Algeria was -4.91 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Algeria?
- The highest recorded value was -2.27 billion in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Algeria?
- The lowest recorded value was -8.98 billion in 2011.
- How does Algeria rank for services balance (credit less debit), net (credits less debits)?
- Algeria ranks 166th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Algeria?
- Over the last ten years it is up 40.5%. The long-run trend across the full record is flat.
- Where does this Algeria data come from?
- The figures come from International Monetary Fund, published as part of Services 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.