Algeria | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.00 4.06 4.1 4.13 4.17 3.13 percent [+]
Unemployment Rate 9.90 11.5 11.9 11.9 8.41 12.56 percent [+]
Inflation Rate 4.76 7.03 7.36 6.68 6.4 5.76 percent [+]
Interest Rate 4.00 4 4 4 4 4 percent [+]
Balance of Trade -1308.00 -931 -907 -883 -874 -850 USD Million [+]
Government Debt to GDP 8.76 12.6 12.3 12 11.69 11.68 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 110.16 112 113 114 115 133 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 4.00 4.06 4.1 4.13 4.17 3.13 percent [+]
GDP Annual Growth Rate 3.90 3.6 3.5 3.6 3.8 4 percent [+]
GDP 166.84 162 162 162 162 147 USD Billion [+]
GDP Constant Prices 9730990990.64 10071365844 10162203854 10253041863 10343879872 12010514674 DZD Thousand [+]
Gross Fixed Capital Formation 7159367.20 7858726 8060641 8262555 8464470 11210480 DZD Million [+]
GDP per capita 4152.77 4159 4191 4223 4255 4570 USD [+]
GDP per capita PPP 13822.57 13889 13937 13986 14034 14601 USD [+]
GDP From Agriculture 2013.90 2273 2348 2424 2499 3736 DZD Billion [+]
GDP From Construction 1730.20 1879 1915 1952 1988 2575 DZD Billion [+]
GDP From Public Administration 2715.40 2506 2428 2351 2274 1375 DZD Billion [+]
GDP From Services 4553.30 4823 4887 4952 5016 5538 DZD Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 9.90 11.5 11.9 11.9 8.41 12.56 percent [+]
Unemployed Persons 1337.00 1311 1327 1344 1361 1234 Thousand [+]
Full Time Employment 6995.00 6637 6708 6780 6851 6731 Thousand [+]
Labor Force Participation Rate 41.80 41.49 41.51 41.54 41.57 41.57 percent [+]
Population 40.40 41.69 41.92 42.15 42.38 45.79 Million [+]
Wages In Manufacturing 38238.00 36722 37015 37308 37124 34877 DZD/Month [+]
Youth Unemployment Rate 29.90 25.89 25.75 25.61 25.47 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 10594.00 10595 10595 10595 10595 10595 Thousand [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 4.76 7.03 7.36 6.68 6.4 5.76 percent [+]
Producer Prices 1319.40 1346 1365 1375 1387 1515 Index Points [+]
Import Prices 278.20 273 275 277 275 276 Index Points [+]
Food Inflation 0.86 2.66 2.59 2.45 2.67 2.64 percent [+]
Producer Prices Change 5.10 5.5 5.04 4.7 4.4 3.49 percent [+]
Inflation Rate Mom -0.39 0.92 0.15 0.54 0.36 0.45 percent [+]
Consumer Price Index CPI 196.34 196 196 196 196 196 Index Points [+]
Cpi Transportation 194.08 194 193 193 193 193 Index Points [+]
Export Prices 1369.00 1419 1421 1423 1426 982 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.00 4 4 4 4 4 percent [+]
Deposit Interest Rate 1.80 1.81 1.81 1.81 1.81 1.8 percent [+]
Foreign Exchange Reserves 152700.00 171493 172168 169943 169141 167516 USD Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -1308.00 -931 -907 -883 -874 -850 USD Million [+]
Exports 2866.00 4774 4692 4630 4603 4614 USD Million [+]
Imports 4174.00 4944 4864 4821 4816 4843 USD Million [+]
Current Account -6.77 -0.32 -0.25 -0.04 0.34 6.23 USD Billion [+]
Current Account to GDP 0.30 2.07 2.14 2.14 2.88 2.43 percent [+]
Gold Reserves 173.64 174 174 174 174 174 Tonnes [+]
Crude Oil Production 1171.00 1177 1184 1189 1192 1201 BBL/D/1K [+]
Terms Of Trade 5.30 5.01 4.99 4.96 4.93 3.82 Index Points [+]
Terrorism Index 4.28 4.43 4.42 4.41 4.4 4.4 [+]
External Debt 3021.00 3040 3018 3061 3020 3039 USD Million [+]
Foreign Direct Investment 0.38 0.66 0.56 0.59 0.55 0.53 USD Billion [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 8.76 12.6 12.3 12 11.69 11.68 percent [+]
Government Budget -12.00 -1.5 -1.98 -1.98 -9.02 2.16 percent of GDP [+]
Government Spending 606890.60 598566 597000 595435 593869 581380 DZD Million [+]
Military Expenditure 10230.20 10673 10752 10831 11034 13373 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 1.40 1.99 2.08 2.17 2.14 2.1 percent [+]
Manufacturing Production 2.10 -0.94 -1 -1.15 -1.21 -1.25 percent [+]
Changes in Inventories 1326028.80 1421390 1467363 1513336 1559308 1780157 DZD Million [+]
Mining Production -4.10 0.33 4.07 5.22 -0.99 2.11 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 34.26 35.14 36.03 36.92 38.28 Points [+]
Corruption Rank 88.00 97.03 96 94.97 93.95 98.45 [+]
Ease of Doing Business 156.00 160 160 160 156 155 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 6750300.10 7134247 7227793 7321338 7414884 8523300 DZD Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 26.00 22 22 22 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. 12/9/2016