The gross domestic product (GDP) in current prices in Algeria was forecast to continuously increase between 2024 and 2029 by in total 39.3 billion U.S. dollars (+14.73 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 306.03 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Egypt, Libya and Morocco.
Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
306.03
2028*
300.4
2027*
294.12
2026*
287.04
2025*
277.34
2024*
266.78
2023*
244.75
2022
225.63
2021
185.88
2020
164.77
2019
193.36
2018
194.51
2017
190
2016
180.76
2015
187.49
2014
238.94
2013
229.7
2012
227.14
2011
218.33
2010
177.78
2009
150.32
2008
180.38
2007
142.48
2006
123.08
2005
107.05
2004
91.91
2003
73.48
2002
61.52
2001
59.41
2000
59.42
1999
53.01
1998
52.3
1997
52.29
1996
50.94
1995
45.65
1994
46.04
1993
55.31
1992
53.41
1991
50.65
1990
67.17
1989
57.04
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IMF. (April 22, 2024). Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 23, 2024, from https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/
IMF. "Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed August 23, 2024. https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/
IMF. (2024). Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 23, 2024. https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/
IMF. "Gross Domestic Product (Gdp) in Current Prices in Algeria from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/
IMF, Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/ (last visited August 23, 2024)
Gross domestic product (GDP) in current prices in Algeria from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/408059/gross-domestic-product-gdp-in-algeria/