Algeria flag

Algeria GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
Algeria has a large North African economy supported by oil, natural gas, public spending, services, and domestic consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.8%
Annual real GDP growth
World Rank
#63
Out of 195 countries
Change vs 2025
0.0 pp
2025: +3.8%
Africa Rank
#34
Out of 54 countries

1. Algeria GDP Growth Rate in 2026

Algerian economic growth is strongly influenced by hydrocarbon production, energy prices, government expenditure, and domestic demand. Investment and diversification efforts also affect economic momentum.

2. Algeria GDP Growth Rate Trends (1980–2026)

Algeria’s growth history has been closely linked to oil and gas cycles, public investment, and government spending. Energy revenues have remained the main source of external income.

3. Algeria GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +3.8% 0.0 pp
2025 +3.8% +0.1 pp
2024 +3.7% -0.4 pp
2023 +4.1% +0.5 pp
2022 +3.6% -0.2 pp
2021 +3.8% +8.8 pp
2020 -5.0% -5.9 pp
2019 +0.9% -0.5 pp
2018 +1.4% -0.1 pp
2017 +1.5% -2.4 pp

4. Algeria GDP Growth Performance

Current Growth Rate
+3.8%
(2026 to 2026)
5-Year Average
+3.8%
(2022 to 2026)
10-Year Average
+2.2%
(2017 to 2026)
20-Year Average
+2.6%
(2007 to 2026)
The economy benefits from substantial energy resources and strong fiscal support during favorable commodity periods. Limited diversification can reduce resilience when global energy conditions weaken.

5. Algeria GDP Growth Rate vs Africa and World

Algeria
+3.8%
Africa Average
+4.1%
World Average
+2.8%
0.0% 2.1% 4.1%
Annual real GDP growth (%)
Algeria’s GDP growth rate is approximately 0.4 pp below the Africa average and 1.0 pp above the world average.

6. Algeria GDP Growth Rate Ranking in Africa

Rank Country GDP Growth Rate
#30 Comoros +4.1%
#31 Nigeria +4.1%
#32 Eswatini +4.0%
#33 Burundi +3.8%
#34 Algeria +3.8%
#35 Madagascar +3.6%
#36 Mauritius +3.4%
#37 Sao Tome & Principe +3.4%
#38 Cameroon +3.3%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Algeria

Algeria GDP (Nominal)
$317.2 Billion
(2026)
Algeria GDP Growth Rate
+3.8%
(2026)
Algeria’s growth often differs from regional and global trends because of its dependence on hydrocarbons. Energy markets therefore play a particularly strong role in relative performance.
Explore more: Algeria GDP

9. Algeria GDP Growth Rate Forecast

The outlook depends on energy production, public investment, diversification, and domestic demand. Commodity volatility, unemployment, and limited private-sector development remain important risks.
Year GDP Growth Rate Change
2027 +2.9% -0.9 pp
2028 +2.7% -0.2 pp
2029 +2.7% 0.0 pp
2030 +2.6% -0.1 pp

10. Algeria GDP Growth Rate: Key Findings

Algeria GDP growth rate is estimated at +3.8% in 2026.
It ranks #63 globally and #34 in Africa by annual GDP growth rate.
The growth rate slowed by 0.0 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.8%.
The 10-year average GDP growth rate is +2.2%.
The current rate is 0.4 percentage points below the Africa average.
The current rate is 1.0 percentage points above the world average.
The forecast GDP growth rate is +2.6% in 2030, 1.2 percentage points below the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. Algeria GDP Growth Rate FAQs

Algeria GDP growth rate is estimated at +3.8% in 2026.
Algeria ranks #63 globally and #34 in Africa by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.8% in 2026.
Algeria GDP growth rate was +3.2% in 2015.
Algeria GDP growth rate is 0.4 percentage points below the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.