Algeria: Economic growth, quarterly

* indicates monthly or quarterly data series
The latest data from Q1 2024 show economic growth of 3.8 percent, which is an increase from the rate of growth of 3.5 percent in the previous quarter and an increase compared to the growth rate of 2.4 percent in the same quarter last year. The economic growth time series for Algeria cover the period from Q1 2002 to Q1 2024. During that time span, the average growth rate for Algeria was 3.01 percent. The lowest rate of growth of -10.2 percent was recorded in Q2 2020 while the highest growth rate was 8.1 percent in Q2 2021. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series

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Recent values Algeria: Economic growth, percent change in quarterly real GDP
2024  Q1 3.8
2023  Q4 3.5
2023  Q3 5.7
2023  Q2 4.6
2023  Q1 2.4
2022  Q4 4.3
2022  Q3 3.5
2022  Q2 3.7


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest Reference Measure
 Economic growth 4.10 2023 percent
 GDP, constant dollars 215.1 2023 billion U.S. dollars
 GDP, current U.S. dollars 239.90 2023 billion U.S. dollars
 GDP per capita, current dollars 5,260.21 2023 U.S. dollars
 GDP per capita, PPP 15,348 2023 U.S. dollars
 GDP per capita, constant dollars 4,717.40 2023 U.S. dollars
 Economic growth, quarterly 3.80 Q1/2024 percent
 Gross Domestic Product (GDP) 8,923.30 Q1/2024 billion
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