Impact of COVID-19 on projected budget balance in Algeria 2020-2021

Published by Statista Research Department, May 2, 2024
The Algerian budget balance was expected to be negatively affected by the coronavirus (COVID-19) pandemic. In the worst-case scenario, with the assumption that the pandemic continues until December 2020, it was estimated that the budget deficit could worsen to -17 percent of the gross domestic product (GDP) in 2020 and -15.7 percent of GDP in 2021.

Impact of coronavirus (COVID-19) on projected budget balance as a share of GDP in Algeria in 2020 and 2021

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Release date

July 2020

Region

Algeria

Survey time period

June 2020

Supplementary notes

Assumptions:
1) Baseline scenario: pandemic subsides in July 2020
2) Worst scenario: pandemic continues to December

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