Algeria Current Account Balance: % of GDP

Key information about Algeria Current Account Balance: % of GDP

• Algeria Current Account deficit accounted for 0.4 % of the country's Nominal GDP in Mar 2024, compared with a 1.2 % surplus in the previous quarter.
• Algeria Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2007 to Mar 2024, with an average value of -0.9 %.
• The data reached an all-time high of 25.0 % in Mar 2008 and a record low of -19.4 % in Mar 2016.

• In the latest reports of Algeria, Current Account recorded a deficit of 3.0 USD bn in Dec 2019.
• Foreign Direct Investment (FDI) increased by 360.0 USD mn in Mar 2024.
• Algeria Direct Investment Abroad expanded by 83.6 USD mn in Dec 2023.
• The country's Nominal GDP was reported at 51.3 USD bn in Dec 2022.

View Algeria's Current Account Balance: % of GDP from Mar 2007 to Mar 2024 in the chart:

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What was Algeria's Current Account Balance: % of GDP in Mar 2024?

Algeria Current Account deficit accounted for 0.4 % of the country's Nominal GDP in Mar 2024, compared with a 1.2 % surplus in the previous quarter. See the table below for more data.

Current Account Balance: % of GDP by Country Comparison

Algeria Key Series

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