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Algeria GDP Annual Growth Rate
Last Release
Dec 31, 2024
Actual
4.2
Units In
%
Previous
3.8
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
6.7 Dec 2003 | -10.3 Jun 2020 | 2.36 % | 2001-2024 | Office National des Statistiques (ONS) |
Latest Updates
Algeria’s economy expanded by 4.5% year-on-year in the first quarter of 2025 from 4.2% in the previous three-month period. This marks the strongest growth since Q3 2023. The increase reflected strong performance in the non-hydrocarbon sector, which grew by 5.7%, accelerating from 4.3% a year earlier—signaling continued economic diversification beyond oil and gas. Key contributors included agriculture (+6.1%), food and tobacco industries (+5.6%), leather and footwear (+15.4%), trade (+8.9%), and transport and communications (+8.3%). Domestic demand rose sharply by 10.4%, driven by a 13.9% increase in gross fixed capital formation and a 4.7% rise in household final consumption.
Algeria GDP Annual Growth Rate History
Last 12 readings