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Economy of Algeria vs Bahrain compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $47.1B for Bahrain, ranking 51/197 and 96/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $62.8B (133.4% of GDP) in Bahrain.

Algeria vs Bahrain GDP by year

Algeria
Bahrain
1x
Year GDP, current $
Algeria Bahrain
2024 $269,322,281,665 $47,109,734,309
2023 $247,923,887,215 $46,192,260,638
2022 $225,581,644,703 $46,458,191,489
2021 $186,231,205,262 $40,840,212,766
2020 $164,873,415,325 $35,837,632,979
2019 $193,459,662,091 $40,446,808,511
2018 $194,554,483,656 $39,567,978,723
2017 $189,880,896,903 $37,204,813,830
2016 $180,763,839,522 $33,884,680,851
2015 $187,493,855,609 $32,523,297,872
2014 $238,942,664,193 $34,772,526,596
2013 $229,701,430,292 $33,823,324,468
2012 $227,143,746,076 $31,963,404,255
2011 $218,331,946,925 $29,914,680,851
2010 $177,785,053,940 $26,805,984,043
2009 $150,317,292,079 $22,938,218,085
2008 $180,383,848,331 $25,710,904,255
2007 $142,482,739,810 $21,730,000,000
2006 $123,084,258,693 $18,504,760,638
2005 $107,046,618,670 $15,968,723,404
2004 $91,913,680,985 $13,150,159,574
2003 $73,482,264,191 $11,074,813,830
2002 $61,516,103,406 $9,593,510,638
2001 $59,413,400,924 $8,976,196,809
2000 $54,790,398,570 $9,062,898,936
1999 $48,640,671,735 $7,528,469,149
1998 $48,187,781,984 $7,031,309,043
1997 $48,177,612,042 $7,219,407,713
1996 $46,941,554,225 $6,938,166,755
1995 $41,764,291,672 $6,651,180,851
1994 $42,543,176,829 $6,330,627,926
1993 $49,945,584,453 $5,913,001,064
1992 $48,003,133,347 $5,402,232,447
1991 $45,715,676,428 $5,248,911,170
1990 $62,048,507,531 $4,809,511,005
1989 $55,634,721,573 $4,393,093,963
1988 $59,089,396,860 $4,209,834,173
1987 $66,745,818,375 $3,856,922,694
1986 $63,692,007,897 $3,470,746,843
1985 $57,937,868,670 $4,152,376,484
1984 $53,698,548,293 $4,440,874,566
1983 $48,801,369,800 $4,247,030,468
1982 $45,207,167,470 $4,145,421,080
1981 $44,348,590,461 $3,943,109,532
1980 $42,345,829,079 $3,493,834,468
1979 $33,243,706,860 $2,710,160,739
1978 $26,364,491,313 $2,272,042,965
1977 $20,972,113,685 $1,989,060,283
1976 $17,728,240,932 $1,581,709,519
1975 $15,557,902,754 $1,099,107,601
1974 $13,209,871,626 $1,042,176,884
1973 $8,707,858,912 $761,132,545
1972 $6,766,743,957 $534,081,184
1971 $5,077,183,094 $422,181,562
1970 $4,863,526,897 $391,577,364
1969 $4,257,253,264 -
1968 $3,852,147,027 -
1967 $3,370,870,376 -
1966 $3,039,859,187 -
1965 $3,136,284,307 -
1964 $2,909,316,435 -
1963 $2,702,982,018 -
1962 $2,001,444,544 -
1961 $2,434,747,056 -
1960 $2,723,615,451 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/bahrain | CC BY

GDP per capita in Algeria vs Bahrain by year

Algeria
GDP per capita

GDP per capita, PPP
Bahrain
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Bahrain
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $29,654 $66,941
2023 $5,370 $16,824 $29,290 $64,171
2022 $4,960 $15,836 $30,471 $61,678
2021 $4,161 $14,497 $27,148 $54,955
2020 $3,744 $12,677 $24,343 $53,436
2019 $4,468 $13,893 $27,260 $56,600
2018 $4,577 $13,727 $26,324 $51,993
2017 $4,555 $13,494 $24,785 $50,185
2016 $4,425 $13,438 $23,800 $47,429
2015 $4,685 $13,807 $23,734 $48,034
2014 $6,095 $14,694 $26,452 $54,299
2013 $5,980 $14,371 $26,990 $56,310
2012 $6,034 $14,441 $26,439 $56,713
2011 $5,916 $14,640 $25,033 $52,677
2010 $4,913 $14,201 $21,819 $49,255
2009 $4,235 $13,651 $19,465 $48,626
2008 $5,181 $13,666 $23,299 $50,330
2007 $4,167 $13,321 $20,908 $49,347
2006 $3,661 $12,791 $19,267 $48,009
2005 $3,233 $12,246 $17,966 $47,268
2004 $2,817 $11,432 $15,964 $46,317
2003 $2,284 $10,803 $14,486 $45,427
2002 $1,937 $10,080 $13,501 $45,091
2001 $1,896 $9,544 $13,573 $46,162
2000 $1,773 $9,187 $14,214 $45,688
1999 $1,596 $8,776 $12,123 $43,561
1998 $1,603 $8,503 $11,625 $42,281
1997 $1,629 $8,129 $12,255 $40,965
1996 $1,617 $8,053 $12,092 $40,106
1995 $1,467 $7,747 $11,901 $38,839
1994 $1,526 $7,463 $11,629 $37,579
1993 $1,831 $7,538 $11,152 $37,870
1992 $1,803 $7,705 $10,460 $33,648
1991 $1,759 $7,582 $10,434 $31,657
1990 $2,445 $7,602 $9,343 $26,902
1989 $2,247 - $8,833 -
1988 $2,451 - $8,772 -
1987 $2,847 - $8,333 -
1986 $2,800 - $7,777 -
1985 $2,633 - $9,649 -
1984 $2,524 - $10,697 -
1983 $2,374 - $10,599 -
1982 $2,275 - $10,712 -
1981 $2,307 - $10,557 -
1980 $2,276 - $9,733 -
1979 $1,843 - $7,891 -
1978 $1,506 - $6,926 -
1977 $1,232 - $6,358 -
1976 $1,080 - $5,310 -
1975 $992 - $3,880 -
1974 $873 - $3,874 -
1973 $590 - $2,981 -
1972 $469 - $2,206 -
1971 $360 - $1,830 -
1970 $353 - $1,742 -
1969 $316 - - -
1968 $292.4 - - -
1967 $261.8 - - -
1966 $241.4 - - -
1965 $253.6 - - -
1964 $238.9 - - -
1963 $225.6 - - -
1962 $169.6 - - -
1961 $209.4 - - -
1960 $238.4 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/bahrain | CC BY

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $29,654 in Bahrain, ranking 42/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Bahrain ranks 26th at $66,941.

Economic indicators

Algeria Bahrain
Gross domestic product
$269B
2024
$47.1B
2024
GDP rank
51/197
2024
96/197
2024
GDP growth
3.7%
2023-2024
2.6%
2023-2024
GDP per capita
$5,753
2024
$29,654
2024
GDP per capita rank
114/197
2024
42/197
2024
GDP per capita, PPP
$17,621
2024
$66,941
2024
GDP per capita PPP rank
105/197
2024
26/197
2024
Government debt
$129B
2024
$62.8B
2024
Debt-to-GDP ratio
48.1%
2024
133.4%
2024
Government debt per person
$2,765
2024
$39,552
2024
Government debt per person rank
106/185
2024
14/185
2024
Average annual personal income after taxes
$3,787
2026
$23,253
2026
Market capitalization of domestic companies
$371M
2018
$20.4B
2024
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
36.8%
2024
29.1%
2024
Consumer prices inflation
4.05%
2023-2024
0.92%
2023-2024
Central bank interest rate
3%
2020
4.25%
2025
Unemployment rate
12%
2017
1.2%
2012
Population
48222325
1669503

Spending and national debt comparison by year

Algeria
Spending

Debt
Bahrain
Spending

Debt
1x
Year % of GDP
Algeria Bahrain
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 29.1% 133.4%
2023 37.4% 47.7% 29.1% 123%
2022 32.7% 48.1% 28.4% 111.6%
2021 32.5% 55.1% 30.6% 122.3%
2020 37.5% 46% 34.6% 125.7%
2019 37.1% 40.9% 31.2% 97.1%
2018 36.2% 34.5% 32.1% 90.4%
2017 36.2% 24% 30.7% 84%
2016 37.2% 18.1% 33.3% 77.4%
2015 40.9% 7.73% 34.8% 63.2%
2014 36.9% 6.85% 27.3% 42.6%
2013 33.5% 6.48% 32% 42.3%
2012 40% 8.58% 31.1% 34.8%
2011 37.7% 8.48% 30.2% 31.6%
2010 35.1% 9.51% 31.1% 28.8%
2009 40.1% 8.92% 24.6% 20.5%
2008 37.3% 7.64% 22.7% 12.1%
2007 33.1% 12.8% 22.4% 15.7%
2006 27.8% 22.5% 23.1% 19.4%
2005 27.8% 25.4% 23.9% 23.2%
2004 27.1% 32.7% 25% 28.2%
2003 27% 38.2% 28.1% 31.1%
2002 32.5% 47.3% 30.6% 27.2%
2001 29.1% 50% 26.5% 25%
2000 26.4% 53.4% 22.2% 24.7%
1999 29.4% 69.7% 27.1% 24.7%
1998 28.7% 79.9% 25.7% 20%
1997 28.5% 79.6% 31% 14.8%
1996 26.9% 90.7% 22.7% 13.1%
1995 28.9% 95.9% 25.1% 13.6%
1994 30.9% 106.3% 26.1% 5.62%
1993 32.6% 76.8% 26.7% 5.95%
1992 28.2% 69.3% 29.4% 6.45%
1991 27.6% 86.1% 28.5% 6.71%
1990 23.3% 63.6% 32.4% 7.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-02-20).

GeoRank.org/economy/algeria/bahrain | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Bahrain spent $13.7B, or 29.1% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 133.4% in Bahrain, ranking 113/185 and 9/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Bahrain
1x
Year Deficit/surplus, % of GDP
Algeria Bahrain
2024 -13.8% -10.6%
2023 -5.52% -9.67%
2022 -2.96% -6.02%
2021 -6.32% -10.6%
2020 -10.5% -17.3%
2019 -8.51% -8.57%
2018 -6.15% -11.3%
2017 -7.55% -13.4%
2016 -11.8% -16.6%
2015 -13.9% -17.5%
2014 -7.14% -3.32%
2013 -0.79% -8.55%
2012 -4.04% -5.77%
2011 -1.06% -4.9%
2010 -1.35% -9.29%
2009 -6.53% -5.36%
2008 7.79% 4.08%
2007 4.63% 1.52%
2006 12.9% 2.24%
2005 11.4% 2.8%
2004 6.36% 0.24%
2003 7.22% -1.7%
2002 0.21% -3.27%
2001 3.15% 0.7%
2000 8.91% 7.33%
1999 -1.83% -4.85%
1998 -3.52% -5.49%
1997 2.19% -6.39%
1996 2.7% 0.24%
1995 -1.3% -3.99%
1994 -4.05% -5.18%
1993 -7.79% -2.77%
1992 -1.05% -5.41%
1991 1.53% -3.47%
1990 3.35% -6.79%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/algeria/bahrain | CC BY

In 2024, Algeria's government deficit, the difference between spending and revenue, was $37.1B, equivalent to 13.8% of GDP. This compares to Bahrain's deficit of $5B, or 10.6% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Bahrain ran a deficit in 27 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 5.39% of GDP for Bahrain.

Inflation comparison by year

Inflation
Algeria

Bahrain
1x
Year Consumer prices inflation
Algeria Bahrain
2024 4.05% 0.92%
2023 9.32% 0.07%
2022 9.27% 3.63%
2021 7.23% -0.61%
2020 2.42% -2.32%
2019 1.95% 1.01%
2018 4.27% 2.09%
2017 5.59% 1.39%
2016 6.4% 2.79%
2015 4.78% 1.85%
2014 2.92% 2.65%
2013 3.25% 3.3%
2012 8.89% 2.76%
2011 4.52% -0.4%
2010 3.91% 1.96%
2009 5.74% 2.8%
2008 4.86% 3.53%
2007 3.68% 3.26%
2006 2.31% 2.01%
2005 1.38% 2.59%
2004 3.96% 2.35%
2003 4.27% 1.59%
2002 1.42% -0.5%
2001 4.23% -1.21%
2000 0.34% -0.7%
1999 2.65% -1.29%
1998 4.95% -0.37%
1997 5.73% 2.43%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/algeria/bahrain | CC BY

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 1.34% in Bahrain. In 2024, inflation was 4.05% in Algeria and 0.92% in Bahrain.

Top exports between countries

Algeria
Export category Export value
Machinery & equipment $86K
Raw agricultural goods $12K
Bahrain
Export category Export value
Raw materials & minerals $156M
Metals $135M
Machinery & equipment $5.33M
Textiles & consumer goods $1.35M
Chemicals & pharma $987K
Precious metals & jewellery $7K
Wood & paper products $2K
Miscellaneous $1K

Balance of trade

Algeria Bahrain
Current account balance
-$2.75B
2024
$2.28B
2024
Current account balance ranking
154/190
2024
44/190
2024
Current account balance, % of GDP
-1.02%
2024
+4.84%
2024
Goods imports
$45.3B
2024
$20.7B
2024
Goods exports
$48.8B
2024
$24.3B
2024
Service imports
$9.13B
2024
$12.4B
2024
Service exports
$4.22B
2024
$17B
2024
Imports of goods and services, % of GDP
20.3%
2024
70.1%
2024
Exports of goods and services, % of GDP
19.9%
2024
87.7%
2024

Economic freedom indices

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

Algeria Bahrain
Economic freedom 45.8 65.7
Economic freedom ranking 179/197 63/197
Property rights 27.7 60.9
Government integrity 29.4 45.9
Judicial effectiveness 30 30
Tax burden 80.3 99.9
Government spending 61.9 75
Fiscal health 15.4 0
Business freedom 59.3 75.9
Labor freedom 52.2 55.5
Monetary freedom 74.7 88.8
Trade freedom 58.8 86.8
Investment freedom 30 90
Financial freedom 30 80

Economic freedom comparison by year

Algeria
Bahrain
1x
Year Economic freedom index
Algeria Bahrain
2026 45.8 65.7
2025 47.5 65.6
2024 43.9 63.4
2023 43.2 62.5
2022 45.8 62
2021 49.7 69.9
2020 46.9 66.3
2019 46.2 66.4
2018 44.7 67.7
2017 46.5 68.5
2016 50.1 74.3
2015 48.9 73.4
2014 50.8 75.1
2013 49.6 75.5
2012 51 75.2
2011 52.4 77.7
2010 56.9 76.3
2009 56.6 74.8
2008 56.2 72.2
2007 55.4 71.2
2006 55.7 71.6
2005 53.2 71.2
2004 58.1 75.1
2003 57.7 76.3
2002 61 75.6
2001 57.3 75.9
2000 56.8 75.7
1999 57.2 75.2
1998 55.8 75.6
1997 54.9 76.1
1996 54.5 76.4
1995 55.7 76.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/algeria/bahrain | CC BY

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 65.7 for Bahrain, ranking 63/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Bahrain
Services, % of GDP
46.8%
2024
53.2%
2024
Industry, % of GDP
36.2%
2024
42.3%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
0.25%
2024
GNI, Atlas method
$252B
2024
$44.6B
2024
GNI per capita, PPP
$17,290
2024
$62,230
2024
Total reserves including gold
$83B
2024
$4.95B
2024
Total reserves ranking
31/177
2024
102/177
2024
Net foreign direct investment
-$1.23B
2024
-$2.43B
2024
Net inflows of foreign direct investment
$1.23B
2024
$2.7B
2024
Net outflows of foreign direct investment
$265K
2024
$275M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
n/a
Poverty at national poverty lines
5.5%
2011
n/a
Gross capital formation, % of GDP
41.1%
2024
28.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/algeria/bahrain | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2017–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.