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Economy of Algeria vs Andorra compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $264B compared to $4.04B for Andorra, ranking 52/197 and 166/197 by economy size, respectively.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Algeria
GDP, current $

GDP, constant 2015 $
Andorra
GDP, current $

GDP, constant 2015 $
Year GDP
Algeria Andorra
Current $ Constant $ Current $ Constant $
1960 $2,723,615,451 $27,287,513,102 - -
1961 $2,434,747,056 $23,574,926,518 - -
1962 $2,001,444,544 $18,934,192,373 - -
1963 $2,702,982,018 $25,431,219,790 - -
1964 $2,909,316,435 $26,916,253,746 - -
1965 $3,136,284,307 $28,586,918,219 - -
1966 $3,039,859,187 $27,213,325,105 - -
1967 $3,370,870,376 $29,785,790,539 - -
1968 $3,852,147,027 $33,001,535,546 - -
1969 $4,257,253,264 $35,784,647,536 - -
1970 $4,863,526,897 $38,956,118,145 $78,617,711 $859,121,721
1971 $5,077,183,094 $34,541,720,238 $89,406,608 $899,066,287
1972 $6,766,743,957 $44,014,431,054 $113,414,397 $972,337,884
1973 $8,707,858,912 $45,692,778,906 $150,841,639 $1,048,068,102
1974 $13,209,871,626 $49,117,415,082 $186,557,082 $1,106,956,843
1975 $15,557,902,754 $51,595,556,464 $220,112,572 $1,112,958,826
1976 $17,728,240,932 $55,922,750,141 $227,283,851 $1,149,728,616
1977 $20,972,113,685 $58,863,496,044 $253,997,897 $1,182,364,531
1978 $26,364,491,313 $64,287,670,492 $308,020,261 $1,199,662,526
1979 $33,243,706,860 $69,094,990,985 $411,548,748 $1,200,161,073
1980 $42,345,829,079 $69,641,260,801 $446,377,777 $1,226,669,362
1981 $44,348,590,461 $71,730,495,901 $388,983,266 $1,225,044,338
1982 $45,207,167,470 $76,321,250,590 $375,914,744 $1,240,314,039
1983 $48,801,369,800 $80,442,600,430 $327,850,043 $1,262,269,065
1984 $53,698,548,293 $84,947,383,263 $330,073,081 $1,284,796,613
1985 $57,937,868,670 $88,090,434,111 $346,742,715 $1,314,622,306
1986 $63,692,007,897 $88,442,796,731 $481,996,013 $1,357,391,200
1987 $66,745,818,375 $87,823,699,342 $611,299,925 $1,432,687,348
1988 $59,089,396,860 $86,945,457,527 $721,425,939 $1,505,673,115
1989 $55,634,721,573 $90,771,059,536 $795,489,582 $1,578,352,472
1990 $62,048,507,531 $91,497,228,539 $1,028,989,692 $1,638,036,096
1991 $45,715,676,428 $90,399,261,260 $1,106,891,362 $1,679,740,553
1992 $48,003,133,347 $92,026,450,044 $1,209,992,020 $1,695,348,938
1993 $49,945,584,453 $90,093,893,897 $1,007,090,270 $1,677,861,678
1994 $42,543,176,829 $89,283,051,957 $1,017,544,069 $1,717,848,180
1995 $41,764,291,672 $92,675,803,281 $1,178,745,283 $1,765,217,871
1996 $46,941,554,225 $96,475,509,799 $1,224,024,139 $1,847,295,889
1997 $48,177,612,042 $97,536,740,346 $1,180,645,572 $2,014,802,622
1998 $48,187,781,984 $102,511,117,625 $1,211,953,994 $2,079,171,403
1999 $48,640,671,735 $105,791,474,981 $1,240,295,103 $2,164,398,280
2000 $54,790,398,570 $109,811,551,032 $1,432,606,189 $2,240,766,094
2001 $59,413,400,924 $113,105,897,562 $1,548,265,808 $2,422,701,909
2002 $61,516,103,406 $119,213,616,030 $1,764,279,824 $2,532,846,713
2003 $73,482,264,191 $126,962,501,073 $2,366,941,809 $2,753,057,567
2004 $91,913,680,985 $132,675,813,621 $2,900,245,324 $2,977,037,420
2005 $107,046,618,670 $139,840,307,556 $3,161,084,091 $3,137,731,826
2006 $123,084,258,693 $143,895,676,474 $3,459,337,987 $3,288,615,582
2007 $142,482,739,810 $148,356,442,446 $3,957,625,367 $3,339,693,969
2008 $180,383,848,331 $152,065,353,507 $4,102,319,399 $3,154,034,157
2009 $150,317,292,079 $153,890,137,748 $3,688,976,341 $2,986,780,566
2010 $177,785,053,940 $161,276,864,361 $3,449,925,739 $2,927,792,904
2011 $218,331,946,925 $166,115,170,291 $3,629,133,574 $2,927,556,638
2012 $227,143,746,076 $170,101,934,379 $3,188,652,765 $2,781,926,981
2013 $229,701,430,292 $174,524,584,674 $3,193,512,950 $2,683,235,436
2014 $238,942,664,193 $181,680,092,643 $3,271,685,597 $2,750,436,143
2015 $187,493,855,609 $187,493,855,609 $2,789,881,259 $2,789,881,259
2016 $180,763,839,522 $194,806,115,978 $2,896,610,480 $2,893,376,872
2017 $189,880,896,903 $197,728,207,716 $3,000,162,081 $2,903,390,036
2018 $194,554,483,656 $200,496,402,626 $3,218,419,897 $2,949,518,095
2019 $193,459,662,091 $202,300,870,248 $3,155,149,348 $3,008,967,037
2020 $164,873,415,325 $192,185,826,737 $2,891,001,149 $2,672,445,971
2021 $186,231,205,262 $199,488,888,151 $3,324,647,529 $2,893,905,657
2022 $225,638,456,572 $206,670,488,127 $3,380,612,573 $3,170,696,512
2023 $247,626,161,016 $215,143,978,140 $3,785,067,332 $3,252,613,194
2024 $263,619,794,507 $222,243,729,417 $4,039,844,390 $3,362,285,467

Economic indicators

Algeria Andorra
Gross domestic product
$264B
2024
$4.04B
2024
GDP rank
52/197
2024
166/197
2024
GDP growth
6.46%
2023-2024
6.73%
2023-2024
GDP per capita
$5,631
2024
$49,304
2024
GDP per capita rank
115/197
2024
25/197
2024
GDP per capita, PPP
$17,553
2024
$74,939
2024
Government debt
$122B
2024
n/a
Debt-to-GDP ratio
57.8%
2025
n/a
Government debt per person
$2,602
2024
n/a
Government debt per person rank
109/185
2024
n/a
Average annual personal income after taxes
$3,802
2025
$30,890
2025
Market capitalization of domestic companies
$371M
2018
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
n/a
Income share by poorest 10%
4%
2011
n/a
Government expenditure, % of GDP
38.4%
2025
35%
2025
Consumer prices inflation
4.05%
2023-2024
-0.9%
2019-2020
Central bank interest rate
3%
2020
n/a
Unemployment rate
12%
2017
3.7%
2016
Population
47911682
83589

GDP per capita in Algeria vs Andorra

Algeria's GDP per capita is $5,631, ranking 115/197, compared to $49,304 in Andorra, ranking 25/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 104th at $17,553, while Andorra ranks 18th at $74,939.

Algeria
GDP per capita

GDP per capita, PPP
Andorra
GDP per capita

GDP per capita, PPP
Year Current $
Algeria Andorra
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $238.4 - - -
1961 $209.4 - - -
1962 $169.6 - - -
1963 $225.6 - - -
1964 $238.9 - - -
1965 $253.6 - - -
1966 $241.4 - - -
1967 $261.8 - - -
1968 $292.4 - - -
1969 $316 - - -
1970 $353 - $3,935 -
1971 $360 - $4,170 -
1972 $469 - $4,940 -
1973 $590 - $6,151 -
1974 $873 - $7,140 -
1975 $992 - $7,925 -
1976 $1,080 - $7,721 -
1977 $1,232 - $8,168 -
1978 $1,506 - $9,410 -
1979 $1,843 - $11,996 -
1980 $2,276 - $12,475 -
1981 $2,307 - $10,465 -
1982 $2,275 - $9,698 -
1983 $2,374 - $8,082 -
1984 $2,524 - $7,808 -
1985 $2,633 - $7,912 -
1986 $2,800 - $10,539 -
1987 $2,847 - $12,828 -
1988 $2,451 - $14,599 -
1989 $2,247 - $15,715 -
1990 $2,445 $7,602 $19,564 $24,909
1991 $1,759 $7,582 $19,533 $24,510
1992 $1,803 $7,705 $20,100 $23,817
1993 $1,831 $7,538 $15,917 $22,958
1994 $1,526 $7,463 $15,749 $23,509
1995 $1,467 $7,747 $18,443 $24,934
1996 $1,617 $8,053 $19,130 $26,542
1997 $1,629 $8,129 $18,248 $29,122
1998 $1,603 $8,503 $18,537 $30,073
1999 $1,596 $8,776 $18,875 $31,590
2000 $1,773 $9,187 $21,810 $33,458
2001 $1,896 $9,544 $23,511 $36,895
2002 $1,937 $10,080 $26,528 $38,787
2003 $2,284 $10,803 $34,064 $41,148
2004 $2,817 $11,432 $39,021 $42,717
2005 $3,233 $12,246 $40,830 $44,578
2006 $3,661 $12,791 $43,467 $46,853
2007 $4,167 $13,321 $48,336 $47,501
2008 $5,181 $13,666 $49,133 $44,839
2009 $4,235 $13,651 $43,975 $42,523
2010 $4,913 $14,201 $42,747 $43,853
2011 $5,916 $14,640 $46,657 $46,436
2012 $6,034 $14,441 $41,501 $45,503
2013 $5,980 $14,371 $42,470 $45,609
2014 $6,095 $14,694 $44,370 $48,506
2015 $4,685 $13,807 $38,655 $50,733
2016 $4,425 $13,438 $40,130 $53,110
2017 $4,555 $13,494 $40,673 $53,085
2018 $4,577 $13,727 $42,820 $55,245
2019 $4,468 $13,893 $41,258 $57,475
2020 $3,744 $12,677 $37,361 $52,096
2021 $4,161 $14,497 $42,426 $59,332
2022 $4,962 $15,836 $42,414 $68,470
2023 $5,364 $16,824 $46,812 $71,731
2024 $5,631 $17,553 $49,304 $74,939

Inflation comparison by year

Over the past 23 years, Algeria has recorded an average annual inflation rate of 3.86%, compared with 1.49% in Andorra. In 2020, inflation was 4.05% in Algeria and -0.9% in Andorra.

Inflation
Algeria

Andorra
Year Inflation
Algeria Andorra Algeria Andorra
1996 18.7% -
1997 5.73% -
1998 4.95% 1.62%
1999 2.65% -
2000 0.34% 4.3%
2001 4.23% -
2002 1.42% -
2003 4.27% -
2004 3.96% 3.4%
2005 1.38% 3.2%
2006 2.31% -
2007 3.68% 3.9%
2008 4.86% 2.3%
2009 5.74% -
2010 3.91% 1.6%
2011 4.52% -
2012 8.89% 1.1%
2013 3.25% -
2014 2.92% -
2015 4.78% -0.9%
2016 6.4% -
2017 5.59% -
2018 4.27% -0.9%
2019 1.95% -0.9%
2020 2.42% -0.9%
2021 7.23% -
2022 9.27% -
2023 9.32% -
2024 4.05% -

Top exports between countries

Algeria
Export category Export value
Andorra
Export category Export value
Machinery & equipment $1.64M
Chemicals & pharma $390K
Textiles & consumer goods $2K

Balance of trade

Algeria Andorra
Current account balance
-$2.75B
2024
$649M
2024
Current account balance ranking
151/189
2024
56/189
2024
Current account balance, % of GDP
-1.04%
2024
+16.1%
2024
Goods imports
$45.3B
2024
$1.95B
2024
Goods exports
$48.8B
2024
$255M
2024
Service imports
$9.13B
2024
$1.04B
2024
Service exports
$4.22B
2024
$3.38B
2024
Imports of goods and services, % of GDP
20.1%
2023
n/a
Exports of goods and services, % of GDP
23.6%
2023
15%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Algeria Andorra
Economic freedom 47.5 72
Economic freedom ranking 176/197 27/197
Property rights 27.6 n/a
Government integrity 29.5 n/a
Judicial effectiveness 29.8 n/a
Tax burden 80.3 n/a
Government spending 64.4 n/a
Fiscal health 58.1 n/a
Business freedom 59.1 n/a
Labor freedom 52.4 n/a
Monetary freedom 70.9 n/a
Trade freedom 57.4 n/a
Investment freedom 20 n/a
Financial freedom 20 n/a

More economic indicators

Algeria Andorra
Services, % of GDP
45.6%
2023
77.6%
2024
Industry, % of GDP
37.8%
2023
12.8%
2024
Agriculture, forestry, and fishing, % of GDP
13.1%
2023
0.47%
2024
GNI, Atlas method
$249B
2024
$4B
2024
GNI per capita, PPP
$17,220
2024
$78,170
2024
Total reserves including gold
$83B
2024
n/a
Total reserves ranking
31/177
2024
n/a
Net foreign direct investment
-$1.23B
2024
-$150M
2024
Net inflows of foreign direct investment
$1.23B
2024
$268M
2024
Net outflows of foreign direct investment
$265K
2024
$118M
2024
Servicing debt to the IMF, % of GNI
0.19%
2023
n/a
Poverty at national poverty lines
5.5%
2011
8%
2008
Gross capital formation, % of GDP
37.7%
2023
n/a

GDP per capita map

GDP per capita

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Economy comparisons

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.