Algeria: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Algeria |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -10.20 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1990 - 2023 |
| Average | 0.85 |
| Min - Max | -15.00 - 14.70 |
| Source | African Development Bank |
The latest value from 2023 is -10.2 percent, a decline from -7.8 percent in 2022. In comparison, the world average is -3.18 percent, based on data from 123 countries. Historically, the average for Algeria from 1990 to 2023 is 0.85 percent. The minimum value, -15 percent, was reached in 2015 while the maximum of 14.7 percent was recorded in 2006.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 15.48 | 2022 | percent |
| Government spending, in dollars | 40.61 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -10.20 | 2023 | percent |
| Government debt | 48.08 | 2022 | percent |
| Government expenditure | 1,737.46 | Q1/2024 | billion |
| Commercial tax rate | 66.10 | 2019 | percent |
| Tax preparation time | 265 | 2019 | hours |
| Number of taxes | 27 | 2019 | taxes |
| Foreign aid | 214.38 | 2021 | million U.S. dollars |