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Country · DZA

Algeria · Finances and debt

Source: IMF, World Economic Outlook (October 2026) · copied on 2026-11-11

Public finances and external accounts

A fiscal deficit of 10.5 % of GDP

Algeria: in 2025, the general government spent 10.5 % of GDP more than it collected, public debt stood at 52.1 % of GDP, the current account showed a deficit of 8.9 % (IMF).

Fiscal balance · 2025
−10.5 %
of GDP · 0.0 pt since 2020
Public debt · 2025
52.1 %
of GDP · +6.1 pt since 2020
Current account · 2025
−8.9 %
of GDP · +2.4 pt since 2020

Fiscal balance, % of GDP

Negative: a deficit · dashed: estimates and projections

−15 % −10 % −5 % 0 % 2015 2020 2025 2030 North Africa −5.7 Algeria −8.8 −15 % −10 % −5 % 0 % 2015 2020 2025 2030
Chart data as a table
Algeria: in 2025, the general government spent 10.5 % of GDP more than it collected, public debt stood at 52.1 % of GDP, the current account showed a deficit of 8.9 % (IMF).
Year AlgeriaNorth Africa
2015 −13.9 % −11.2 %
2016 −11.8 % −11.4 %
2017 −7.5 % −7.8 %
2018 −6.2 % −4.9 %
2019 −8.5 % −5.1 %
2020 −10.5 % −9.0 %
2021 −6.3 % −5.5 %
2022 −3.0 % −3.7 %
2023 −5.5 % −5.6 %
2024 −14.0 % −9.4 %
2025 · estimate −10.5 % −8.1 %
2026 · projection −9.1 % −9.6 %
2027 · projection −10.1 % −8.8 %
2028 · projection −10.4 % −8.3 %
2029 · projection −9.2 % −6.5 %
2030 · projection −8.8 % −5.7 %
  • Algeria
  • North Africa

Source: IMF, World Economic Outlook (October 2026) · general government net lending or borrowing · group values weighted by GDP in dollars (Syli Atlas)

Current account, % of GDP

Trade, income and transfers with the rest of the world

−20 % −10 % 0 % 10 % 2015 2020 2025 2030 Algeria −2.1 −20 % −10 % 0 % 10 % 2015 2020 2025 2030
Chart data as a table
Current account balance of Algeria, % of GDP
Year Algeria
2015 −14.6 %
2016 −14.6 %
2017 −11.8 %
2018 −8.7 %
2019 −8.7 %
2020 −11.3 %
2021 −2.4 %
2022 +8.4 %
2023 +2.6 %
2024 −1.1 %
2025 · estimate −8.9 %
2026 · projection −0.8 %
2027 · projection −1.8 %
2028 · projection −3.2 %
2029 · projection −2.6 %
2030 · projection −2.1 %

Source: IMF, World Economic Outlook (October 2026)

Currency

Algerian dinar

The Algerian dinar has no fixed peg: its value against the dollar and the euro moves with the market and the central bank's policy.

Currency
DZD
Algerian dinar
Exchange regime
—
no fixed peg
Inflation · 2025
1.4 %
average annual change in consumer prices

Currency codes: ISO 4217 · fixed parities: central banks (BCEAO, BEAC, Central Bank of the Comoros, Bank of Cape Verde…) · inflation: IMF, World Economic Outlook (October 2026)

Debt

A debt owed first to multilateral lenders

At the end of 2025, Algeria owed 872 m$ in public external debt (World Bank). 8.1 % of it was owed to China, 84.9 % to multilateral institutions and 0.0 % to bond holders.

Public debt · 2025
52.1 %
of GDP · IMF
External debt · 2025
7.7 bn$
public and private · World Bank
Public external debt · 2025
872 m$
owed or guaranteed by the State
Debt service · 2024
0.2 %
of exports of goods, services and income

Public external debt by creditor

Share of the total at the end of each year

2015
2020
2025
Multilateral (IMF, World Bank, AfDB…)
84.9 %
China
8.1 %
Other countries
7.0 %
Bonds (Eurobonds)
0.0 %
Banks and other private lenders
0.0 %

Source: World Bank, International Debt Statistics (updated 2026-11-05) · public and publicly guaranteed external debt, end of year · CC BY 4.0 · shares: Syli Atlas calculation