Algeria: Inflation, GDP deflator (annual %)
In , Algeria's Inflation, GDP deflator (annual %) was 3.37.
That's up 237.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Algeria ranks #109 globally out of 193 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 19.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 22.92
- Trough
- -7.37
- 1-year change
- +237.0%
- 5-year change
- +282.2%
- +30.8% / yr
- 10-year change
- +132.7%
- +8.8% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.3750 | |
| 1.0015 | |
| 22.9203 | |
| 15.9326 | |
| -4.7114 | |
| 0.8830 | |
| 6.1647 | |
| 4.9380 | |
| 0.8567 | |
| -4.9867 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Algeria's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Algeria's Inflation, GDP deflator (annual %) was 3.37, according to World Bank Open Data.
- Is Algeria's Inflation, GDP deflator (annual %) rising or falling?
- Algeria's Inflation, GDP deflator (annual %) rose 237.0% from 2023 to 2024.
- How does Algeria rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Algeria ranked #109 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Algeria's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Algeria is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 19.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.