Algeria recorded a Government Debt to GDP of 55.10 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Algeria averaged 46.97 percent of GDP from 1991 until 2023, reaching an all time high of 115.40 percent of GDP in 1994 and a record low of 7.10 percent of GDP in 2013. source: Bank of Algeria
Government Debt to GDP in Algeria is expected to reach 55.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Algeria Government Debt to GDP is projected to trend around 59.00 percent of GDP in 2025, according to our econometric models.