Services balance (credit less debit), Net (credits less debits) in Algeria
Algeria: Services balance (credit less debit), Net (credits less debits) 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) 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% |
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
- Total reserves in months of imports, annual growth rate -3.03 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -28.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1207 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 730.1 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -27.03 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 807.43 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -11.87 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,183 SDR per person (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.