Key information about Algeria Monthly Earnings

• Algeria Monthly Earnings stood at 317 USD in Dec 2021, compared with the previous figure of 333 USD in Dec 2020
• Algeria Monthly Earnings data is updated yearly, available from Dec 2009 to Dec 2021, with an average number of 363 USD
• The data reached the an all-time high of 469 USD in Dec 2014 and a record low of 317 USD in Dec 2021

CEIC converts Monthly Earnings into USD. The National Office of Statistics provides Net Average Monthly Wages in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Monthly Earnings exclude Agricultural and Administrative sectors

In 2021, the average monthly net salary in Algeria's public sector amounted to ****** Algerian dinars (around ****** U.S. dollars). In the private sector, salaries averaged ****** Algerian dinars (roughly *** U.S. dollars) as of the same year. The government sector has been paying higher wages since 2010. Between 2010 and 2021, salaries increased in both sectors, but a large disparity between those remained, with the private sector providing nearly half of the salary granted by the public.

Algeria DZ: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 7.100 % in 2011. This records a decrease from the previous number of 14.500 % for 1995. Algeria DZ: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 13.900 % from Dec 1988 (Median) to 2011, with 3 observations. The data reached an all-time high of 14.500 % in 1995 and a record low of 7.100 % in 2011. Algeria DZ: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Algeria – Table DZ.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Algeria National Disposable Income: NI: ow Domestic Income data was reported at 22,577,875.400 DZD mn in 2022. This records an increase from the previous number of 17,019,690.800 DZD mn for 2021. Algeria National Disposable Income: NI: ow Domestic Income data is updated yearly, averaging 2,244,225.000 DZD mn from Dec 1973 (Median) to 2022, with 50 observations. The data reached an all-time high of 22,577,875.400 DZD mn in 2022 and a record low of 45,630.000 DZD mn in 1974. Algeria National Disposable Income: NI: ow Domestic Income data remains active status in CEIC and is reported by National Office of Statistics. The data is categorized under Global Database’s Algeria – Table DZ.A016: SNA 1993: GDP: National Disposable Income.

Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2023, at 16,940 U.S. dollars. The African island was, therefore, the only high-income country on the continent, according to the source's classification. Mauritius, Gabon, Botswana, Libya, South Africa, Equatorial Guinea, Algeria, and Namibia were defined as upper-middle-income economies, those with a GNI per capita between 4,516 U.S. dollars and 14,005 U.S. dollars. On the opposite, 20 African countries recorded a GNI per capita below 1,145 U.S. dollars, being thus classified as low-income economies. Among them, Burundi presented the lowest income per capita, some 230 U.S. dollars. Poverty and population growth in Africa Despite a few countries being in the high income and upper-middle countries classification, Africa had a significant number of people living under extreme poverty. However, this number is expected to decline gradually in the upcoming years, with experts forecasting that this number will decrease to almost 400 million individuals by 2030 from nearly 430 million in 2023, despite the continent currently having the highest population growth rate globally. African economic growth and prosperity In recent years, Africa showed significant growth in various industries, such as natural gas production, clean energy generation, and services exports. Furthermore, it is forecast that the GDP growth rate would reach 4.5 percent by 2027, keeping the overall positive trend of economic growth in the continent.