Algeria | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 4.00 3.8 3.93 4.06 4.1 3.13 percent [+]
Unemployment Rate 10.50 11.9 12.28 11.9 12.41 12.56 percent [+]
Inflation Rate 8.30 9.2 9.3 8.6 7.5 9.6 percent [+]
Interest Rate 3.50 4 4 4 4 4 percent [+]
Balance of Trade -1308.00 -883 -874 -864 -860 -850 USD Million [+]
Government Debt to GDP 9.10 9.02 7.94 6.87 6.95 7.15 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 109.57 111 112 115 114 132 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 4.00 3.8 3.93 4.06 4.1 3.13 percent [+]
GDP Annual Growth Rate 4.00 3.6 3.8 3.9 3.7 4 percent [+]
GDP 166.84 186 174 162 162 147 USD Billion [+]
GDP Constant Prices 10100768514.72 10222106010 10320131755 10418157501 10497265306 11516823272 DZD Thousand [+]
Gross Fixed Capital Formation 7159367.20 6820741 7022888 7225035 7342531 8459730 DZD Million [+]
GDP per capita 4794.05 4803 4826 4848 4861 4978 USD [+]
GDP per capita PPP 13822.57 13817 13890 13964 13998 14270 USD [+]
GDP From Agriculture 2013.90 2067 2136 2204 2251 2918 DZD Billion [+]
GDP From Construction 1730.20 1795 1837 1879 1915 2575 DZD Billion [+]
GDP From Public Administration 2715.40 2620 2563 2506 2428 1375 DZD Billion [+]
GDP From Services 4553.30 4710 4766 4823 4887 5538 DZD Billion [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 10.50 11.9 12.28 11.9 12.41 12.56 percent [+]
Unemployed Persons 1272.00 1314 1322 1331 1310 1137 Thousand [+]
Full Time Employment 7309.00 7311 7460 7610 7554 7428 Thousand [+]
Labor Force Participation Rate 41.80 42.22 42.41 42.61 42.17 41.94 percent [+]
Population 40.40 40.89 41.29 41.69 41.69 45.79 Million [+]
Wages In Manufacturing 40112.00 38639 39050 39461 39318 37566 DZD/Month [+]
Youth Unemployment Rate 29.90 25.56 25.73 25.89 25.75 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 11094 11147 11200 11122 11436 Thousand [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 8.30 9.2 9.3 8.6 7.5 9.6 percent [+]
Producer Prices 1310.80 1375 1387 1400 1400 1515 Index Points [+]
Import Prices 259.10 264 261 264 262 263 Index Points [+]
Food Inflation 9.10 5.59 6.5 6.36 6.56 6.58 percent [+]
Inflation Rate Mom 0.30 0.73 0.6 0.59 0.6 0.57 percent [+]
Producer Prices Change 3.90 3.38 3.37 3.26 3.13 3.51 percent [+]
Consumer Price Index CPI 199.40 203 205 207 210 219 Index Points [+]
Cpi Transportation 196.64 197 197 197 197 197 Index Points [+]
Export Prices 1369.00 1328 1373 1419 1421 982 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 3.50 4 4 4 4 4 percent [+]
Deposit Interest Rate 1.80 1.78 1.8 1.81 1.81 1.81 percent [+]
Foreign Exchange Reserves 144130.00 133430 132139 131959 131865 131081 USD Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -1308.00 -883 -874 -864 -860 -850 USD Million [+]
Exports 2282.00 1010 1025 1079 1119 1129 USD Million [+]
Imports 3521.00 3011 3100 3178 3214 3192 USD Million [+]
Current Account -4.89 -5.01 -5.19 -5.37 -5.43 -5.37 USD Billion [+]
Current Account to GDP -15.60 2.14 -10.61 -13.22 -12.45 -10.96 percent [+]
Gold Reserves 173.64 174 174 174 174 174 Tonnes [+]
Crude Oil Production 1085.00 1075 1066 1059 1053 1026 BBL/D/1K [+]
Terms Of Trade 5.30 5.03 5.02 5.01 4.99 3.82 Index Points [+]
Terrorism Index 4.28 4.33 4.38 4.43 4.42 4.4 [+]
External Debt 3021.00 3061 3020 3050 3038 3039 USD Million [+]
Foreign Direct Investment 0.38 0.59 0.55 0.53 0.54 0.53 USD Billion [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 9.10 9.02 7.94 6.87 6.95 7.15 percent [+]
Government Budget -16.00 -1.98 -10.27 -11.61 -11.59 2.16 percent of GDP [+]
Government Spending 606890.60 610023 603845 597666 596089 577734 DZD Million [+]
Military Expenditure 10230.20 10673 10752 10831 11034 13373 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 1.50 2.3 2.33 1.96 1.98 2.05 percent [+]
Manufacturing Production -0.20 0.17 1.26 0.63 0.45 0.43 percent [+]
Changes in Inventories 1326028.80 1458886 1440138 1421390 1467363 1780157 DZD Million [+]
Mining Production 0.60 -1.91 2.42 0.37 0.37 0.67 Percent [+]
Steel Production 35.00 34.99 34.99 34.99 34.99 34.99 Thousand Tonnes [+]
Competitiveness Index 3.98 3.85 3.85 3.85 3.62 3.96 Points [+]
Competitiveness Rank 87.00 99 99 99 100 95 [+]
Corruption Index 34.00 34 35 35 35 34 Points [+]
Corruption Rank 108.00 95 95 94 97 102 [+]
Ease of Doing Business 156.00 160 158 157 157 156 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 6750300.10 6973121 7053684 7134247 7227793 8523300 DZD Million [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 26.00 22 23.31 23.22 23.3 23.51 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. 4/23/2017