Algeria’s real Gross Domestic Product (GDP) expanded by 0.8% in 2019—down from 1.2% in 2018—with a 2.4% expansion in non-hydrocarbons largely offset by a 4.9% decline in hydrocarbons. GDP Growth Rate in Algeria averaged 3.26 percent from 2001 until 2019, reaching an all time high of 6.70 percent in 2003 and a record low of 0.80 percent in 2019. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. GDP per capita is gross domestic product divided by midyear population. Graph and download economic data for Gross Domestic Product for Algeria (MKTGDPDZA646NWDB) from 1962 to 2019 about Algeria and GDP. GDP per capita of Algeria increased from 1,769 US dollars in 2001 to 3,331 US dollars in 2020 growing at an average annual rate of 4.40%. Algeria Gross National Product (GNP) data is updated yearly, averaging 46.269 USD bn from Dec 1960 to 2019, with 60 observations. Gross Domestic Product (GDP) is the monetary market value of all final goods and services made within a country during a specific period. The result is: 213.52 billion $ US. Gross Domestic Product of Algeria grew 0.8% in 2019 compared to last year. The lowest data : 1995 is the lowest year for the indicator : GDP - Gross Domestic Product (billion $ US). Algeria : 36 records since 1980 , the average of these recordings : 87.69 billion $ US The highest data : 2014 is the highest year for the indicator : GDP - Gross Domestic Product (billion $ US). GDP helps to provide a snapshot of a country’s economy and can be calculated using expenditures, production, or incomes. This rate is 4 -tenths of one percent less than the figure of 1.2% published in 2018. The Algerian Dinar (DZD) is the country’s official currency. The data reached an all-time high of 209.040 USD bn in 2014 and a record low of 2.203 USD bn in 1962. Algeria: Gross Domestic Product, billions of U.S. dollars, 1962 - 2019: For that indicator, we provide data for Algeria from 1962 to 2019.The average value for Algeria during that period was 69.26 billion U.S. dollars with a minimum of 2 billion U.S. dollars in 1962 and a … As a result, some 45 percent of food is imported. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. The primary crops are wheat, barley, and potatoes. In … Algeria's agricultural sector, which contributes about 8 percent of gross domestic product (GDP) but employs 14 percent of the workforce, is unable to meet the food needs of the country's population. With continuing investments in Algerian oil and gas development; both sectors expect increased production capacity in the coming years. In 2020, real GDP growth for Algeria was -5.5 %. 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