GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

In 2023, the national gross income per capita in Algeria increased by 470 U.S. dollars (+10.47 percent) compared to 2022. In total, the national gross income amounted to 4,960 U.S. dollars in 2023. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more key insights for the national gross income per capita in countries like Libya and Tunisia.

The gross domestic product (GDP) per capita in Algeria was forecast to continuously increase between 2024 and 2029 by in total 154.5 U.S. dollars (+2.77 percent). According to this forecast, in 2029, the GDP per capita will have increased for the ninth consecutive year to 5,733.61 U.S. dollars. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Tunisia, Sudan, and Morocco.

Algeria DZ: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data was reported at 11.300 % in 2019. This records a decrease from the previous number of 11.800 % for 2018. Algeria DZ: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data is updated yearly, averaging 12.100 % from Dec 2003 (Median) to 2019, with 17 observations. The data reached an all-time high of 16.300 % in 2003 and a record low of 10.800 % in 2008. Algeria DZ: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female 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: Company Statistics. Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

Algeria DZ: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 4,950.000 USD in 2023. This records an increase from the previous number of 4,430.000 USD for 2022. Algeria DZ: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,070.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 6,030.000 USD in 2014 and a record low of 180.000 USD in 1962. Algeria DZ: GDP: USD: Gross National Income per Capita: Atlas Method 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: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The Gross Domestic Product per capita in Algeria was last recorded at 15159.32 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Algeria, when adjusted by Purchasing Power Parity is equivalent to 85 percent of the world's average. This dataset provides - Algeria GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

11,860 (international dollars) in 2021. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

GDP per capita (current US$) in Algeria was reported at 5364 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Algeria - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The statistic shows gross domestic product (GDP) per capita in the Maghreb countries from 2019 to 2022, with projections up until 2029. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. The Maghreb region in North Africa comprises Algeria, Libya, Mauritania, Morocco, and Tunisia. In 2022, GDP per capita in Algeria amounted to around 4,306.82 U.S. dollars.

Algeria DZ: GDP: Growth: Adjusted Net National Income per Capita data was reported at 1.949 % in 2021. This records an increase from the previous number of -7.735 % for 2020. Algeria DZ: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging -0.423 % from Dec 1973 (Median) to 2021, with 49 observations. The data reached an all-time high of 28.658 % in 1980 and a record low of -17.068 % in 1987. Algeria DZ: GDP: Growth: Adjusted Net National Income per Capita 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: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Algeria (PC2GDPDZA620NUPN) from 1960 to 2010 about Algeria, PPP, per capita, and GDP.

Graph and download economic data for Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Algeria (CGPPPGDZA156NUPN) from 1960 to 2010 about Algeria, PPP, per capita, consumption, government, and GDP.

GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Algeria DZ: GNI: PPP: 2011 Price: GNI per Capita data was reported at 13,600.278 Intl $ in 2017. This records a decrease from the previous number of 13,817.897 Intl $ for 2016. Algeria DZ: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 11,184.395 Intl $ from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 13,817.897 Intl $ in 2016 and a record low of 8,848.845 Intl $ in 1994. Algeria DZ: GNI: PPP: 2011 Price: GNI per Capita 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: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted Average;

Graph and download economic data for Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Algeria (KIPPPGDZA156NUPN) from 1960 to 2010 about Algeria, PPP, investment, per capita, real, and GDP.

By 2063, the gross domestic product (GDP) per capita of Algeria is forecast to reach 19.4 thousand U.S. dollars (2011 value). Overall, the proportion between the country's GDP and the population would grow significantly from 2018, when it was at 13.5 thousand U.S. dollars. In 2020, Algeria ranked among the African countries with the highest GDP.

The Gross Domestic Product (GDP) in Algeria was worth 247.63 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Algeria represents 0.23 percent of the world economy. This dataset provides - Algeria GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Real GDP per capita of Algeria improved by 2.55% from 4,544 US dollars in 2022 to 4,660 US dollars in 2023. Since the 6.61% slump in 2020, real GDP per capita surged by 6.80% in 2023. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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.

Key information about Algeria GDP Per Capita

• Algeria Gross Domestic Product (GDP) per Capita reached 3,630.400 USD in Dec 2021, compared with 3,278.100 USD in Dec 2020.
• Algeria GDP Per Capita data is updated yearly, available from Dec 1963 to Dec 2021, with an average number of 2,130.900 USD.
• The data reached an all-time high of 5,574.500 USD in Dec 2012 and a record low of 180.200 in Dec 1964.

• In the latest reports, Algeria GDP expanded 2.000 % YoY in Sep 2024.
• Algeria Nominal GDP reached 51.281 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 1.951 % in Sep 2024.
• Gross Savings Rate of Algeria was measured at 36.118 % in Dec 2021.