Algeria economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Algeria’s GDP per capita (PPP) in 2023 was approximately $15,300, reflecting its status as a lower-middle-income economy. The economy is heavily reliant on hydrocarbons, with oil and natural gas accounting for the majority of export revenues and government income.
Algeria GDP PPP Statistics by Year
| Year | GDP, Purchasing Power Parity (PPP) |
| 2000 | 283.9 |
| 2001 | 299.0 |
| 2002 | 320.1 |
| 2003 | 347.6 |
| 2004 | 373.0 |
| 2005 | 405.5 |
| 2006 | 430.1 |
| 2007 | 455.4 |
| 2008 | 475.8 |
| 2009 | 484.5 |
| 2010 | 513.9 |
| 2011 | 540.3 |
| 2012 | 543.7 |
| 2013 | 552.0 |
| 2014 | 576.1 |
| 2015 | 552.6 |
| 2016 | 548.9 |
| 2017 | 562.5 |
| 2018 | 583.5 |
| 2019 | 601.5 |
| 2020 | 558.3 |
| 2021 | 648.9 |
| 2022 | 720.2 |
| 2023 | 776.7 |
| 2024 | 824.9 |
| 2025 (Est.) | 865.0 |
| 2026 (Est.) | 905.0 |