Algeria GDP Growth Rate

The Gross Domestic Product (GDP) in Algeria expanded 3.10 percent in 2012 from the previous year. GDP Growth Rate in Algeria averaged 3.72 Percent from 2001 until 2012, reaching an all time high of 6.70 Percent in 2003 and a record low of 2 Percent in 2006. GDP Growth Rate in Algeria is reported by the Office National des Statistiques (ONS).

   
 
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Algeria GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.60 6.70 2.00 2001 - 2012 Percent Yearly
Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has $150 billion in foreign currency reserves and a large stabilization fund. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Last Previous Highest Lowest Unit
GDP 210.18 204.33 210.18 2.00 USD Billion [+]
GDP Growth Rate 3.10 2.60 6.70 2.00 Percent [+]
GDP Annual Growth Rate 3.00 3.30 6.70 1.60 Percent [+]
GDP Constant Prices 8992930000.00 8768100000.00 8992930000.00 1977314429.26 DZD THO [+]
GDP per capita 3240.83 3215.21 3240.83 1166.44 USD [+]
Gross Fixed Capital Formation 4978102.40 4620114.90 4978102.40 541826.00 DZD Million [+]
GDP per capita PPP 7339.09 7296.37 7339.09 5333.02 USD [+]





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