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.



Related Last Previous Unit Reference
Government Budget -0.20 -7.20 percent of GDP Dec 2022
Government Debt to GDP 55.10 55.60 percent of GDP Dec 2023
Government Spending 479475.20 307121.10 DZD Million Dec 2021
Holidays
Military Expenditure 18264.00 9145.80 USD Million Dec 2023

Algeria Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
55.10 55.60 115.40 7.10 1991 - 2023 percent of GDP Yearly