Algeria: Trade (% of GDP)
In , Algeria's Trade (% of GDP) was 40.13.
That's down 8.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Algeria ranks #144 globally out of 160 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #14 of 16.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • 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
- 71.03
- Trough
- 40.13
- 1-year change
- -8.2%
- 5-year change
- -13.7%
- -2.9% / yr
- 10-year change
- -29.5%
- -3.4% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 40.1346 | |
| 43.7398 | |
| 51.1901 | |
| 46.8371 | |
| 40.3898 | |
| 46.5068 | |
| 52.4362 | |
| 49.8208 | |
| 49.7609 | |
| 53.2046 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Algeria's Trade (% of GDP) in 2024?
- In 2024, Algeria's Trade (% of GDP) was 40.13, according to World Bank Open Data.
- Is Algeria's Trade (% of GDP) rising or falling?
- Algeria's Trade (% of GDP) fell 8.2% from 2023 to 2024.
- How does Algeria rank globally on Trade (% of GDP)?
- In 2024, Algeria ranked #144 out of 160 countries reporting Trade (% of GDP).
- How does Algeria's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Algeria is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #14 of 16.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.