Algeria Forecast: Real GDP Growth
Key information about Algeria Forecast: Real GDP Growth
- Algeria Real GDP Growth is forecasted to be 2.636 % in Dec 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2.931 % in Dec 2022.
- Looking ahead, Algeria Real GDP Growth is projected to stand at 1.782 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Algeria's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Algeria's Forecast: Real GDP Growth in 2028?
Algeria Real GDP Growth is forecasted to be 2.636 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range | 
|---|---|---|---|---|---|---|
| 1.782 2028 | 1.684 2027 | -5.400 1980 | 7.200 2003 | % | yearly | 1980 - 2028 | 
Forecast: Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range | 
|---|---|---|---|
| Afghanistan (%) | 2.711 2023 | yearly | 2003 - 2023 | 
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 | 
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 | 
| Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 | 
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 | 
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 | 
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 | 
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 | 
| Aruba (%) | 1.400 2029 | yearly | 1987 - 2029 | 
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 | 
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 | 
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 | 
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 | 
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 | 
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 | 
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 | 
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 | 
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 | 
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 | 
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 | 
| Bhutan (%) | 7.157 2029 | yearly | 1980 - 2029 | 
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 | 
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 | 
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 | 
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 | 
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 | 
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 | 
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 | 
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 | 
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 | 
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 | 
| Canada (%) | 1.643 2029 | yearly | 1980 - 2029 | 
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 | 
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 | 
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 | 
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 | 
| China (%) | 3.437 2028 | yearly | 1980 - 2028 | 
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 | 
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 | 
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 | 
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 | 
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 | 
| Cyprus (%) | 2.983 2029 | yearly | 1980 - 2029 | 
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 | 
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 | 
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 | 
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 | 
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 | 
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 | 
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 | 
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 | 
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 | 
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 | 
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 | 
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 | 
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 | 
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 | 
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 | 
| Finland (%) | 1.519 2029 | yearly | 1980 - 2029 | 
| France (%) | 1.450 2028 | yearly | 1980 - 2028 | 
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 | 
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 | 
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 | 
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 | 
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 | 
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 | 
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 | 
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 | 
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 | 
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 | 
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 | 
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 | 
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 | 
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 | 
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 | 
| Iceland (%) | 2.432 2029 | yearly | 1980 - 2029 | 
| India (%) | 6.042 2029 | yearly | 1981 - 2029 | 
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 | 
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 | 
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 | 
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 | 
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 | 
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 | 
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 | 
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 | 
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 | 
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 | 
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 | 
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 | 
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 | 
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 | 
| Kosovo (%) | 3.800 2029 | yearly | 2001 - 2029 | 
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 | 
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 | 
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 | 
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 | 
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 | 
| Lesotho (%) | 2.145 2030 | yearly | 1981 - 2030 | 
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 | 
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 | 
Algeria Key Series
| Foreign Trade | Last | Frequency | Range | 
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 0.225 2028 | yearly | 1980 - 2028 | 
| Trade Balance (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Total Exports (USD mn) | 2,717.1 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Total Exports Growth (%) | -18.5 Mar 2020 | monthly | Jan 2001 - Mar 2020 | 
| Aluminum: Exports (USD th) | 134.445 2023 | yearly | 1995 - 2023 | 
| Exports: Medicament (USD th) | 73,462.915 2023 | yearly | 1995 - 2023 | 
| Exports: Medicinal and Pharmaceutical Product (USD th) | 14,067.797 2023 | yearly | 1995 - 2023 | 
| Total Imports (USD mn) | 2,988.0 Dec 2020 | monthly | Jan 2000 - Dec 2020 | 
| Total Imports Growth (%) | -15.4 Dec 2020 | monthly | Jan 2001 - Dec 2020 | 
| Imports: Medicament (USD th) | 891,339.023 2023 | yearly | 1995 - 2023 | 
| Imports: Medicinal and Pharmaceutical Product (USD th) | 699,028.706 2023 | yearly | 1995 - 2023 | 
| Total Exports to USA (USD mn) | 287.549 Nov 2024 | monthly | Jan 1981 - Nov 2024 | 
| Total Imports from USA (USD mn) | 1,335.880 2022 | yearly | 1970 - 2022 | 
| Total Exports to China (USD mn) | 347.525 Nov 2024 | monthly | Jan 2002 - Nov 2024 | 
| Total Imports from China (USD mn) | 6,829.709 2022 | yearly | 1970 - 2022 | 
| Exports: USD: excl Hydrocarbons: Raw Materials (USD mn) | 4.490 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Exports: USD: excl Hydrocarbons: Food, Beverages and Tobacco (USD mn) | 39.820 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Exports: USD: excl Hydrocarbons: Semi Finished Equipment (USD mn) | 192.980 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Exports: USD: excl Hydrocarbons: Agricultural Equipment (USD mn) | 0.010 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Exports: USD: Energy and Lubricants (USD mn) | 2,477.270 Mar 2020 | monthly | Jan 2000 - Mar 2020 | 
| Imports: USD: Energy and Lubricants (USD mn) | 38.500 Dec 2020 | monthly | Jan 2000 - Dec 2020 | 
| Import Value Index (2015=100) | 69.630 2021 | yearly | 1980 - 2021 | 
| Monetary | Last | Frequency | Range | 
|---|---|---|---|
| Non Performing Loans Ratio (%) | 20.3 2022 | yearly | 2009 - 2022 | 
| Money Supply M1 (USD mn) | 125,860.664 Mar 2024 | monthly | Jan 2001 - Mar 2024 | 
| Money Supply M2 (USD mn) | 186,176.288 Mar 2024 | monthly | Jan 2001 - Mar 2024 | 
| M2 Growth (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 | 
| Reserve Requirement Ratio (%) | 3.0 Mar 2024 | monthly | Jun 2006 - Mar 2024 | 
| Foreign Exchange Reserves (USD mn) | 59,978.6 Feb 2025 | monthly | Jan 1968 - Feb 2025 | 
| Foreign Exchange Reserves: % of GDP (%) | 25.249 Sep 2024 | quarterly | Dec 1999 - Sep 2024 | 
| Foreign Exchange Reserves: Months of Import (NA) | 15.7 Dec 2020 | monthly | Jan 2000 - Dec 2020 | 
| Gold Reserves (USD mn) | 255.648 Feb 2025 | monthly | Dec 1950 - Feb 2025 | 
| Total Deposits (USD mn) | 124,118.517 Mar 2024 | monthly | Jun 2006 - Mar 2024 | 
| Total Deposits Growth (%) | 2.2 Mar 2024 | monthly | Jun 2007 - Mar 2024 | 
| Domestic Credit (USD mn) | 181,266.0 Dec 2024 | monthly | Dec 2001 - Dec 2024 | 
| Domestic Credit Growth (%) | 13.6 Dec 2024 | monthly | Dec 2002 - Dec 2024 | 
| Total Loans (USD mn) | 79,558.805 Mar 2024 | monthly | Jun 2006 - Mar 2024 | 
| Total Loans Growth (%) | 5.16 Mar 2024 | monthly | Jun 2007 - Mar 2024 | 
| Private Debt: % of Nominal GDP (%) | 18.25 Mar 2024 | quarterly | Jun 2006 - Mar 2024 | 
| Money Supply: M2: M1 (DZD bn) | 16,926.900 Mar 2024 | monthly | Jan 2001 - Mar 2024 | 
| Money Supply: M2: M1: Currency in Circulation (DZD bn) | 8,289.900 Mar 2024 | monthly | Jun 2006 - Mar 2024 | 
More Indicators for Algeria
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