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Economy of Algeria vs Botswana compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $19.4B for Botswana, ranking 51/197 and 133/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $5.82B (30% of GDP) in Botswana.

Algeria vs Botswana GDP by year

Algeria
Botswana
1x
Year GDP, current $
Algeria Botswana
2024 $269,322,281,665 $19,402,063,513
2023 $247,923,887,215 $19,411,266,967
2022 $225,581,644,703 $20,321,150,599
2021 $186,231,205,262 $18,750,182,236
2020 $164,873,415,325 $14,960,251,608
2019 $193,459,662,091 $16,725,908,149
2018 $194,554,483,656 $17,031,943,186
2017 $189,880,896,903 $16,105,155,857
2016 $180,763,839,522 $15,082,637,184
2015 $187,493,855,609 $13,530,748,845
2014 $238,942,664,193 $15,470,088,501
2013 $229,701,430,292 $14,271,738,933
2012 $227,143,746,076 $13,907,464,500
2011 $218,331,946,925 $15,110,643,612
2010 $177,785,053,940 $12,637,273,429
2009 $150,317,292,079 $10,118,459,242
2008 $180,383,848,331 $10,730,829,116
2007 $142,482,739,810 $10,567,270,656
2006 $123,084,258,693 $9,919,158,482
2005 $107,046,618,670 $9,918,907,108
2004 $91,913,680,985 $8,957,467,707
2003 $73,482,264,191 $7,511,582,173
2002 $61,516,103,406 $5,438,863,983
2001 $59,413,400,924 $5,489,608,300
2000 $54,790,398,570 $5,788,329,609
1999 $48,640,671,735 $5,484,263,347
1998 $48,187,781,984 $4,790,481,509
1997 $48,177,612,042 $5,020,265,627
1996 $46,941,554,225 $4,847,757,218
1995 $41,764,291,672 $4,730,599,122
1994 $42,543,176,829 $4,259,259,604
1993 $49,945,584,453 $4,160,129,175
1992 $48,003,133,347 $4,146,464,587
1991 $45,715,676,428 $3,942,876,703
1990 $62,048,507,531 $3,790,636,324
1989 $55,634,721,573 $3,083,822,112
1988 $59,089,396,860 $2,644,554,159
1987 $66,745,818,375 $1,965,226,890
1986 $63,692,007,897 $1,392,602,164
1985 $57,937,868,670 $1,114,783,343
1984 $53,698,548,293 $1,240,822,167
1983 $48,801,369,800 $1,172,230,397
1982 $45,207,167,470 $1,014,945,696
1981 $44,348,590,461 $1,073,812,830
1980 $42,345,829,079 $1,060,889,704
1979 $33,243,706,860 $819,870,259
1978 $26,364,491,313 $590,407,374
1977 $20,972,113,685 $451,624,780
1976 $17,728,240,932 $372,025,093
1975 $15,557,902,754 $355,168,572
1974 $13,209,871,626 $306,044,208
1973 $8,707,858,912 $244,124,164
1972 $6,766,743,957 $164,460,915
1971 $5,077,183,094 $127,448,614
1970 $4,863,526,897 $96,243,234
1969 $4,257,253,264 $77,361,547
1968 $3,852,147,027 $66,248,441
1967 $3,370,870,376 $58,642,354
1966 $3,039,859,187 $51,465,655
1965 $3,136,284,307 $45,788,696
1964 $2,909,316,435 $41,616,348
1963 $2,702,982,018 $38,091,843
1962 $2,001,444,544 $35,644,957
1961 $2,434,747,056 $32,902,613
1960 $2,723,615,451 $30,411,414

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

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

GDP per capita in Algeria vs Botswana by year

Algeria
GDP per capita

GDP per capita, PPP
Botswana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Botswana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $7,696 $20,538
2023 $5,370 $16,824 $7,826 $21,012
2022 $4,960 $15,836 $8,329 $19,977
2021 $4,161 $14,497 $7,808 $17,961
2020 $3,744 $12,677 $6,323 $15,292
2019 $4,468 $13,893 $7,172 $15,960
2018 $4,577 $13,727 $7,408 $15,786
2017 $4,555 $13,494 $7,105 $15,701
2016 $4,425 $13,438 $6,749 $16,228
2015 $4,685 $13,807 $6,141 $14,144
2014 $6,095 $14,694 $7,122 $15,003
2013 $5,980 $14,371 $6,667 $13,621
2012 $6,034 $14,441 $6,596 $12,737
2011 $5,916 $14,640 $7,287 $13,635
2010 $4,913 $14,201 $6,216 $12,753
2009 $4,235 $13,651 $5,083 $11,686
2008 $5,181 $13,666 $5,503 $13,810
2007 $4,167 $13,321 $5,529 $13,389
2006 $3,661 $12,791 $5,292 $12,563
2005 $3,233 $12,246 $5,391 $11,458
2004 $2,817 $11,432 $4,957 $10,818
2003 $2,284 $10,803 $4,230 $10,439
2002 $1,937 $10,080 $3,117 $9,958
2001 $1,896 $9,544 $3,206 $9,420
2000 $1,773 $9,187 $3,451 $9,380
1999 $1,596 $8,776 $3,340 $9,188
1998 $1,603 $8,503 $2,981 $8,441
1997 $1,629 $8,129 $3,194 $8,497
1996 $1,617 $8,053 $3,156 $7,890
1995 $1,467 $7,747 $3,156 $7,503
1994 $1,526 $7,463 $2,917 $7,049
1993 $1,831 $7,538 $2,929 $6,847
1992 $1,803 $7,705 $3,005 $6,753
1991 $1,759 $7,582 $2,939 $6,598
1990 $2,445 $7,602 $2,903 $6,104
1989 $2,247 - $2,428 -
1988 $2,451 - $2,141 -
1987 $2,847 - $1,639 -
1986 $2,800 - $1,200 -
1985 $2,633 - $994 -
1984 $2,524 - $1,145 -
1983 $2,374 - $1,121 -
1982 $2,275 - $1,006 -
1981 $2,307 - $1,107 -
1980 $2,276 - $1,132 -
1979 $1,843 - $909 -
1978 $1,506 - $695 -
1977 $1,232 - $565 -
1976 $1,080 - $490 -
1975 $992 - $493 -
1974 $873 - $446 -
1973 $590 - $374 -
1972 $469 - $264.2 -
1971 $360 - $212.2 -
1970 $353 - $163 -
1969 $316 - $131.8 -
1968 $292.4 - $113.4 -
1967 $261.8 - $100.9 -
1966 $241.4 - $89.1 -
1965 $253.6 - $79.7 -
1964 $238.9 - $73.5 -
1963 $225.6 - $68.9 -
1962 $169.6 - $66 -
1961 $209.4 - $62.3 -
1960 $238.4 - $58.9 -

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

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $7,696 in Botswana, ranking 97/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Botswana ranks 95th at $20,538.

Economic indicators

Algeria Botswana
Gross domestic product
$269B
2024
$19.4B
2024
GDP rank
51/197
2024
133/197
2024
GDP growth
3.7%
2023-2024
-2.99%
2023-2024
GDP per capita
$5,753
2024
$7,696
2024
GDP per capita rank
114/197
2024
97/197
2024
GDP per capita, PPP
$17,621
2024
$20,538
2024
GDP per capita PPP rank
105/197
2024
95/197
2024
Government debt
$129B
2024
$5.82B
2024
Debt-to-GDP ratio
48.1%
2024
30%
2024
Government debt per person
$2,765
2024
$2,310
2024
Government debt per person rank
106/185
2024
114/185
2024
Average annual personal income after taxes
$3,787
2026
$5,271
2026
Market capitalization of domestic companies
$371M
2018
$3.59B
2023
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
42.9%
2015
Income share by poorest 10%
4%
2011
1.4%
2015
Government expenditure, % of GDP
36.8%
2024
33.8%
2024
Consumer prices inflation
4.05%
2023-2024
2.82%
2023-2024
Central bank interest rate
3%
2020
1.9%
2024
Unemployment rate
12%
2017
24.4%
2024
Population
48222325
2615162

Spending and national debt comparison by year

Algeria
Spending

Debt
Botswana
Spending

Debt
1x
Year % of GDP
Algeria Botswana
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 33.8% 30%
2023 37.4% 47.7% 32.4% 22.5%
2022 32.7% 48.1% 29.5% 21.3%
2021 32.5% 55.1% 33% 23.4%
2020 37.5% 46% 38.5% 24.8%
2019 37.1% 40.9% 36.4% 21.3%
2018 36.2% 34.5% 35.9% 19.8%
2017 36.2% 24% 35% 19.8%
2016 37.2% 18.1% 34.2% 22.4%
2015 40.9% 7.73% 39.7% 25.7%
2014 36.9% 6.85% 36.4% 23.9%
2013 33.5% 6.48% 34.8% 24.7%
2012 40% 8.58% 38.3% 27.3%
2011 37.7% 8.48% 37.4% 28.1%
2010 35.1% 9.51% 44.7% 27.9%
2009 40.1% 8.92% 54.5% 23.5%
2008 37.3% 7.64% 48% 7.77%
2007 33.1% 12.8% 38.3% 6.12%
2006 27.8% 22.5% 34.1% 6.32%
2005 27.8% 25.4% 35% 7.74%
2004 27.1% 32.7% 42% 11.3%
2003 27% 38.2% 44% 7.29%
2002 32.5% 47.3% 46% 8.55%
2001 29.1% 50% 42.9% 7.61%
2000 26.4% 53.4% 39.8% 8.37%
1999 29.4% 69.7% 41.7% 9.68%
1998 28.7% 79.9% 44.3% 12%
1997 28.5% 79.6% 40% -
1996 26.9% 90.7% 37.2% -
1995 28.9% 95.9% 38.1% -
1994 30.9% 106.3% 39.2% -
1993 32.6% 76.8% 44.2% -
1992 28.2% 69.3% 43.4% -
1991 27.6% 86.1% 42.3% -
1990 23.3% 63.6% 40.5% -

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/botswana | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Botswana spent $6.55B, or 33.8% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 30% in Botswana, ranking 113/185 and 158/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Botswana
1x
Year Deficit/surplus, % of GDP
Algeria Botswana
2024 -13.8% -7.82%
2023 -5.52% -4.25%
2022 -2.96% -0.006%
2021 -6.32% -2.46%
2020 -10.5% -11.5%
2019 -8.51% -8.43%
2018 -6.15% -5.07%
2017 -7.55% -1.16%
2016 -11.8% 0.72%
2015 -13.9% -5.06%
2014 -7.14% 3.88%
2013 -0.79% 6.07%
2012 -4.04% 0.92%
2011 -1.06% -0.12%
2010 -1.35% -8.36%
2009 -6.53% -14.4%
2008 7.79% -7.59%
2007 4.63% 5.92%
2006 12.9% 13.7%
2005 11.4% 10.7%
2004 6.36% 1.42%
2003 7.22% -0.18%
2002 0.21% -4.02%
2001 3.15% -2.96%
2000 8.91% 8.95%
1999 -1.83% 6.18%
1998 -3.52% -
1997 2.19% -
1996 2.7% -
1995 -1.3% -
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -

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

GeoRank.org/economy/algeria/botswana | 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 Botswana's deficit of $1.52B, or 7.82% of GDP.

Over the past 26 years, Algeria recorded a fiscal deficit in 17 of those years, while Botswana ran a deficit in 16 years. On average, Algeria posted an annual deficit equal to 1.82% of GDP, compared to deficit of 0.96% of GDP for Botswana.

Inflation comparison by year

Inflation
Algeria

Botswana
1x
Year Consumer prices inflation
Algeria Botswana
2024 4.05% 2.82%
2023 9.32% 5.07%
2022 9.27% 11.7%
2021 7.23% 7.24%
2020 2.42% 1.89%
2019 1.95% 2.77%
2018 4.27% 3.24%
2017 5.59% 3.31%
2016 6.4% 2.81%
2015 4.78% 3.06%
2014 2.92% 4.4%
2013 3.25% 5.88%
2012 8.89% 7.54%
2011 4.52% 8.46%
2010 3.91% 6.95%
2009 5.74% 8.03%
2008 4.86% 12.7%
2007 3.68% 7.08%
2006 2.31% 11.6%
2005 1.38% 8.61%
2004 3.96% 6.95%
2003 4.27% 9.19%
2002 1.42% 8.03%
2001 4.23% 6.56%
2000 0.34% 8.6%
1999 2.65% 7.75%
1998 4.95% 6.66%
1997 5.73% 8.72%

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

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

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 6.7% in Botswana. In 2024, inflation was 4.05% in Algeria and 2.82% in Botswana.

Balance of trade

Algeria Botswana
Current account balance
-$2.75B
2024
-$821M
2024
Current account balance ranking
154/190
2024
118/190
2024
Current account balance, % of GDP
-1.02%
2024
-4.23%
2024
Goods imports
$45.3B
2024
$6.86B
2024
Goods exports
$48.8B
2024
$4.66B
2024
Service imports
$9.13B
2024
$1.29B
2024
Service exports
$4.22B
2024
$935M
2024
Imports of goods and services, % of GDP
20.3%
2024
43.7%
2024
Exports of goods and services, % of GDP
19.9%
2024
27.4%
2024

Economic freedom indices

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

Algeria Botswana
Economic freedom 45.8 67.7
Economic freedom ranking 179/197 53/197
Property rights 27.7 71.7
Government integrity 29.4 59.6
Judicial effectiveness 30 70.2
Tax burden 80.3 87.1
Government spending 61.9 69.8
Fiscal health 15.4 72.4
Business freedom 59.3 61.5
Labor freedom 52.2 60.7
Monetary freedom 74.7 72
Trade freedom 58.8 77
Investment freedom 30 50
Financial freedom 30 60

Economic freedom comparison by year

Algeria
Botswana
1x
Year Economic freedom index
Algeria Botswana
2026 45.8 67.7
2025 47.5 69.9
2024 43.9 68
2023 43.2 64.9
2022 45.8 64.8
2021 49.7 67.6
2020 46.9 69.6
2019 46.2 69.5
2018 44.7 69.9
2017 46.5 70.1
2016 50.1 71.1
2015 48.9 69.8
2014 50.8 72
2013 49.6 70.6
2012 51 69.6
2011 52.4 68.8
2010 56.9 70.3
2009 56.6 69.7
2008 56.2 68.2
2007 55.4 68.1
2006 55.7 68.8
2005 53.2 69.3
2004 58.1 69.9
2003 57.7 68.6
2002 61 66.2
2001 57.3 66.8
2000 56.8 65.8
1999 57.2 62.9
1998 55.8 62.8
1997 54.9 59.1
1996 54.5 61.6
1995 55.7 56.8

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 67.7 for Botswana, ranking 53/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Botswana
Services, % of GDP
46.8%
2024
63.5%
2024
Industry, % of GDP
36.2%
2024
29.4%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
1.71%
2024
GNI, Atlas method
$252B
2024
$19.5B
2024
GNI per capita, PPP
$17,290
2024
$20,570
2024
Total reserves including gold
$83B
2024
$3.46B
2024
Total reserves ranking
31/177
2024
113/177
2024
Net foreign direct investment
-$1.23B
2024
-$464M
2024
Net inflows of foreign direct investment
$1.23B
2024
$467M
2024
Net outflows of foreign direct investment
$265K
2024
$3.02M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
1.42%
2024
Poverty at national poverty lines
5.5%
2011
16.1%
2015
Gross capital formation, % of GDP
41.1%
2024
36%
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/botswana | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.