Algeria | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 4.00 3.67 3.8 3.93 4.06 3.13 percent [+]
Unemployment Rate 10.50 11.9 11.9 12.28 11.9 12.56 percent [+]
Inflation Rate 6.95 7.36 6.68 6.4 6.27 5.76 percent [+]
Interest Rate 3.50 4 4 4 4 4 percent [+]
Balance of Trade -1308.00 -907 -883 -874 -864 -850 USD Million [+]
Government Debt to GDP 8.76 6.72 8.68 10.64 12.6 11.68 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 110.21 113 114 115 116 133 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 4.00 3.67 3.8 3.93 4.06 3.13 percent [+]
GDP Annual Growth Rate 3.90 3.5 3.6 3.8 3.9 4 percent [+]
GDP 166.84 198 186 174 162 147 USD Billion [+]
GDP Constant Prices 10100768514.72 9804157850 9893227181 9982296513 10071365844 12010514674 DZD Thousand [+]
Gross Fixed Capital Formation 7159367.20 7138798 7378774 7618750 7858726 11210480 DZD Million [+]
GDP per capita 4794.05 4141 4147 4153 4159 4570 USD [+]
GDP per capita PPP 13822.57 13761 13803 13846 13889 14601 USD [+]
GDP From Agriculture 2013.90 2073 2140 2206 2273 3736 DZD Billion [+]
GDP From Construction 1730.20 1752 1795 1837 1879 2575 DZD Billion [+]
GDP From Public Administration 2715.40 2677 2620 2563 2506 1375 DZD Billion [+]
GDP From Services 4553.30 4653 4710 4766 4823 5538 DZD Billion [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 10.50 11.9 11.9 12.28 11.9 12.56 percent [+]
Unemployed Persons 1272.00 1305 1314 1322 1331 1137 Thousand [+]
Full Time Employment 7309.00 7161 7311 7460 7610 7428 Thousand [+]
Labor Force Participation Rate 41.80 42.02 42.22 42.41 42.61 41.94 percent [+]
Population 40.40 40.49 40.89 41.29 41.69 45.79 Million [+]
Wages In Manufacturing 40112.00 36722 37015 37308 37124 34877 DZD/Month [+]
Youth Unemployment Rate 29.90 25.4 25.56 25.73 25.89 25.24 percent [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Employed Persons 10845.00 11041 11094 11147 11200 11436 Thousand [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 6.95 7.36 6.68 6.4 6.27 5.76 percent [+]
Producer Prices 1310.80 1365 1375 1387 1400 1515 Index Points [+]
Import Prices 259.10 275 277 275 276 276 Index Points [+]
Food Inflation 4.92 4.52 5.03 5.05 4.99 5.09 percent [+]
Producer Prices Change 3.90 3.87 3.38 3.37 3.26 3.51 percent [+]
Inflation Rate Mom -0.05 0.03 0.61 0.35 0.54 0.49 percent [+]
Consumer Price Index CPI 199.40 196 196 196 196 196 Index Points [+]
Cpi Transportation 194.65 195 196 195 195 195 Index Points [+]
Export Prices 1369.00 1283 1328 1373 1419 982 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 3.50 4 4 4 4 4 percent [+]
Deposit Interest Rate 1.80 1.76 1.78 1.8 1.81 1.8 percent [+]
Foreign Exchange Reserves 144130.00 133113 133430 132139 131959 131081 USD Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -1308.00 -907 -883 -874 -864 -850 USD Million [+]
Exports 2866.00 4692 4630 4603 4600 4614 USD Million [+]
Imports 4174.00 4864 4821 4816 4827 4843 USD Million [+]
Current Account -6.77 -0.25 -0.04 0.34 0.86 6.23 USD Billion [+]
Current Account to GDP 0.30 2.14 2.14 2.59 2.83 2.43 percent [+]
Gold Reserves 173.64 174 174 174 174 174 Tonnes [+]
Crude Oil Production 1091.00 1102 1093 1086 1081 1056 BBL/D/1K [+]
Terms Of Trade 5.30 5.04 5.03 5.02 5.01 3.82 Index Points [+]
Terrorism Index 4.28 4.27 4.33 4.38 4.43 4.4 [+]
External Debt 3021.00 3018 3061 3020 3050 3039 USD Million [+]
Foreign Direct Investment 0.38 0.56 0.59 0.55 0.53 0.53 USD Billion [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 8.76 6.72 8.68 10.64 12.6 11.68 percent [+]
Government Budget -12.00 -1.98 -1.98 -7.72 -8.47 2.16 percent of GDP [+]
Government Spending 606890.60 628890 618782 608674 598566 581380 DZD Million [+]
Military Expenditure 10230.20 10673 10752 10831 11034 13373 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 1.50 2.08 2.17 2.14 2.06 2.1 percent [+]
Manufacturing Production -0.20 -1 -1.15 -1.21 -1.23 -1.25 percent [+]
Changes in Inventories 1326028.80 1477634 1458886 1440138 1421390 1780157 DZD Million [+]
Mining Production 0.60 4.73 2.96 -1.91 2.42 0.67 Index points [+]
Steel Production 35.00 34.99 34.99 34.99 34.99 34.99 Thousand Tonnes [+]
Competitiveness Index 3.98 3.95 3.95 3.95 3.95 3.98 Points [+]
Competitiveness Rank 87.00 93.53 93.53 93.53 93.53 88.29 [+]
Corruption Index 36.00 34.92 34.7 34.48 34.26 38.28 Points [+]
Corruption Rank 108.00 95.24 95.84 96.44 97.03 98.45 [+]
Ease of Doing Business 156.00 160 160 156 156 155 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 6750300.10 6892557 6973121 7053684 7134247 8523300 DZD Million [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 26.00 22 22 26 26 26 percent [+]
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Sales Tax Rate 17.00 17 17 17 17 17 percent [+]
Social Security Rate 35.00 35 35 35 35 35 percent [+]
Social Security Rate For Companies 26.00 26 26 26 26 26 percent [+]
Social Security Rate For Employees 9.00 9 9 9 9 9 percent [+]





Economic Forecasts for Algeria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Algeria economy. 2/25/2017