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Economy of Algeria vs Bulgaria compared: GDP & Debt

Updated on by Georank

Algeria has a GDP of $287B compared to $131B for Bulgaria, ranking 51/197 and 63/197 by economy size, respectively.

Algeria has $155B in government debt (54.1% of GDP), compared to $35.4B (27.1% of GDP) in Bulgaria.

Algeria vs Bulgaria GDP by year

Algeria
Bulgaria
1x
Year GDP, current $
Algeria Bulgaria
2025 $287,031,225,988 $130,777,235,530
2024 $269,322,281,665 $113,349,149,167
2023 $247,923,887,215 $102,204,457,335
2022 $225,581,644,703 $90,510,784,778
2021 $186,231,205,262 $84,378,926,047
2020 $164,873,415,325 $70,490,478,088
2019 $193,459,662,091 $68,511,235,459
2018 $194,554,483,656 $66,100,606,677
2017 $189,880,896,903 $59,170,671,046
2016 $180,763,839,522 $53,932,152,154
2015 $187,493,855,609 $50,768,512,173
2014 $238,942,664,193 $57,083,817,240
2013 $229,701,430,292 $55,822,115,861
2012 $227,143,746,076 $54,299,825,600
2011 $218,331,946,925 $57,684,243,980
2010 $177,785,053,940 $50,691,645,231
2009 $150,317,292,079 $52,026,461,290
2008 $180,383,848,331 $54,483,464,293
2007 $142,482,739,810 $44,433,521,725
2006 $123,084,258,693 $34,382,295,487
2005 $107,046,618,670 $29,870,182,425
2004 $91,913,680,985 $26,159,078,743
2003 $73,482,264,191 $21,146,038,619
2002 $61,516,103,406 $16,403,880,783
2001 $59,413,400,924 $14,184,170,319
2000 $54,790,398,570 $13,246,669,554
1999 $48,640,671,735 $13,637,793,854
1998 $48,187,781,984 $15,031,821,788
1997 $48,177,612,042 $11,316,706,412
1996 $46,941,554,225 $12,295,588,924
1995 $41,764,291,672 $18,992,388,645
1994 $42,543,176,829 $9,709,230,161
1993 $49,945,584,453 $10,832,041,595
1992 $48,003,133,347 $8,602,874,120
1991 $45,715,676,428 $7,628,764,750
1990 $62,048,507,531 $20,726,605,649
1989 $55,634,721,573 $21,746,286,447
1988 $59,089,396,860 $23,003,003,708
1987 $66,745,818,375 $28,428,718,531
1986 $63,692,007,897 $20,261,546,635
1985 $57,937,868,670 $17,562,270,447
1984 $53,698,548,293 $17,410,894,971
1983 $48,801,369,800 $16,959,180,922
1982 $45,207,167,470 $19,803,624,625
1981 $44,348,590,461 $20,055,685,481
1980 $42,345,829,079 $20,039,544,133
1979 $33,243,706,860 -
1978 $26,364,491,313 -
1977 $20,972,113,685 -
1976 $17,728,240,932 -
1975 $15,557,902,754 -
1974 $13,209,871,626 -
1973 $8,707,858,912 -
1972 $6,766,743,957 -
1971 $5,077,183,094 -
1970 $4,863,526,897 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Algeria vs Bulgaria by year

Algeria
GDP per capita

GDP per capita, PPP
Bulgaria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Bulgaria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,051 - $20,328 -
2024 $5,753 $17,621 $17,597 $41,969
2023 $5,370 $16,824 $15,854 $38,829
2022 $4,960 $15,836 $14,000 $36,320
2021 $4,161 $14,497 $12,967 $30,959
2020 $3,744 $12,677 $10,761 $27,352
2019 $4,468 $13,893 $10,354 $26,766
2018 $4,577 $13,727 $9,850 $23,998
2017 $4,555 $13,494 $8,697 $22,317
2016 $4,425 $13,438 $7,823 $20,746
2015 $4,685 $13,807 $7,269 $18,896
2014 $6,095 $14,694 $8,070 $17,991
2013 $5,980 $14,371 $7,796 $16,894
2012 $6,034 $14,441 $7,432 $16,327
2011 $5,916 $14,640 $7,850 $15,747
2010 $4,913 $14,201 $6,854 $14,954
2009 $4,235 $13,651 $6,989 $14,188
2008 $5,181 $13,666 $7,272 $14,347
2007 $4,167 $13,321 $5,889 $12,822
2006 $3,661 $12,791 $4,523 $11,406
2005 $3,233 $12,246 $3,900 $10,291
2004 $2,817 $11,432 $3,390 $9,200
2003 $2,284 $10,803 $2,720 $8,416
2002 $1,937 $10,080 $2,093 $7,786
2001 $1,896 $9,544 $1,771 $6,960
2000 $1,773 $9,187 $1,621 $6,424
1999 $1,596 $8,776 $1,661 $5,808
1998 $1,603 $8,503 $1,821 $6,178
1997 $1,629 $8,129 $1,361 $5,751
1996 $1,617 $8,053 $1,470 $6,849
1995 $1,467 $7,747 $2,259 $7,743
1994 $1,526 $7,463 $1,150 $7,338
1993 $1,831 $7,538 $1,279 $7,032
1992 $1,803 $7,705 $1,007 $6,917
1991 $1,759 $7,582 $884 $7,215
1990 $2,445 $7,602 $2,377 $7,548
1989 $2,247 - $2,450 -
1988 $2,451 - $2,561 -
1987 $2,847 - $3,169 -
1986 $2,800 - $2,262 -
1985 $2,633 - $1,960 -
1984 $2,524 - $1,943 -
1983 $2,374 - $1,897 -
1982 $2,275 - $2,221 -
1981 $2,307 - $2,256 -
1980 $2,276 - $2,261 -
1979 $1,843 - - -
1978 $1,506 - - -
1977 $1,232 - - -
1976 $1,080 - - -
1975 $992 - - -
1974 $873 - - -
1973 $590 - - -
1972 $469 - - -
1971 $360 - - -
1970 $353 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Algeria's GDP per capita is $6,051, ranking 114/197, compared to $20,328 in Bulgaria, ranking 58/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Bulgaria ranks 54th at $41,969.

Economic indicators

Algeria Bulgaria
Gross domestic product
$287B
2025
$131B
2025
GDP rank
51/197
2025
63/197
2025
GDP growth
3.82%
2024-2025
3.1%
2024-2025
GDP per capita
$6,051
2025
$20,328
2025
GDP per capita rank
114/197
2025
58/197
2025
GDP per capita, PPP
$17,621
2024
$41,969
2024
GDP per capita PPP rank
105/197
2024
54/197
2024
Government debt
$155B
2025
$35.4B
2025
Debt-to-GDP ratio
54.1%
2025
27.1%
2025
Government debt per person
$3,274
2025
$5,507
2025
Government debt per person rank
100/185
2025
79/185
2025
Average annual personal income after taxes
$3,755
2026
$16,126
2026
Market capitalization of domestic companies
$371M
2018
$11.2B
2025
Number of billionaires
1
2026
2
2026
Income share by richest 10%
22.9%
2011
31.1%
2023
Income share by poorest 10%
4%
2011
2.1%
2023
Government expenditure, % of GDP
36.2%
2025
38.9%
2025
Consumer prices inflation
1.42%
2024-2025
3.5%
2024-2025
Central bank interest rate
3%
2020
1.81%
2025
Unemployment rate
11.7%
2017
3.5%
2025
Population
48345858
6390149

Spending and national debt comparison by year

Algeria
Spending

Debt
Bulgaria
Spending

Debt
1x
Year % of GDP
Algeria Bulgaria
Government spending Government debt Government spending Government debt
2025 36.2% 54.1% 38.9% 27.1%
2024 36.8% 48.1% 36.3% 23.8%
2023 37.4% 47.7% 37.5% 22.9%
2022 32.7% 48.1% 37.6% 22.5%
2021 32.5% 55.1% 38.5% 23.9%
2020 37.5% 46% 37.7% 22.7%
2019 37.1% 40.9% 36.1% 18.4%
2018 36.2% 34.5% 34.4% 20.1%
2017 36.2% 24% 32% 22.9%
2016 37.2% 18.1% 32.7% 27%
2015 40.9% 7.73% 37.3% 25.4%
2014 36.9% 6.85% 37.1% 26.3%
2013 33.5% 6.48% 35.5% 17.2%
2012 40% 8.58% 32.5% 16.5%
2011 37.7% 8.48% 32% 14.3%
2010 35.1% 9.51% 34.6% 14.1%
2009 40.1% 8.92% 33.8% 14.5%
2008 37.3% 7.64% 33.5% 14.7%
2007 33.1% 12.8% 33.1% 17.6%
2006 27.8% 22.5% 32.5% 22.6%
2005 27.8% 25.4% 34% 28.5%
2004 27.1% 32.7% 34.6% 37.8%
2003 27% 38.2% 35.8% 45.4%
2002 32.5% 47.3% 35.1% 53.4%
2001 29.1% 50% 36.5% 67.1%
2000 26.4% 53.4% 37.1% 73.3%
1999 29.4% 69.7% 36.2% 78.7%
1998 28.7% 79.9% 30.6% 67.3%
1997 28.5% 79.6% 32.9% 88.4%
1996 26.9% 90.7% 44% 113.8%
1995 28.9% 95.9% 45.4% 72%
1994 30.9% 106.3% - -
1993 32.6% 76.8% - -
1992 28.2% 69.3% - -
1991 27.6% 86.1% - -
1990 23.3% 63.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1997, retrieved 2026-07-08).

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

In 2025, Algeria's government spending was $104B, accounting for 36.2% of its GDP, while Bulgaria spent $50.8B, or 38.9% of GDP.

Debt-to-GDP ratio is 54.1% in Algeria and 27.1% in Bulgaria, ranking 94/185 and 164/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Bulgaria
1x
Year Deficit/surplus, % of GDP
Algeria Bulgaria
2025 -10.2% -3.01%
2024 -13.8% -3.01%
2023 -5.52% -3.04%
2022 -2.96% -0.8%
2021 -6.32% -2.8%
2020 -10.5% -2.92%
2019 -8.51% -0.96%
2018 -6.15% 0.12%
2017 -7.55% 0.82%
2016 -11.8% 1.54%
2015 -13.9% -2.77%
2014 -7.14% -3.65%
2013 -0.79% -1.75%
2012 -4.04% -0.43%
2011 -1.06% -1.83%
2010 -1.35% -3.77%
2009 -6.53% -0.86%
2008 7.79% 2.73%
2007 4.63% 3.09%
2006 12.9% 3.22%
2005 11.4% 2.19%
2004 6.36% 1.59%
2003 7.22% 0.003%
2002 0.21% -0.61%
2001 3.15% -0.58%
2000 8.91% -0.6%
1999 -1.83% 0.15%
1998 -3.52% 1.08%
1997 2.19% 0.83%
1996 2.7% -10.1%
1995 -1.3% -7.98%
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - 0%
1943 - 0%
1942 - -0.3%
1941 - 3.96%
1940 - 0.75%
1939 - 0.72%
1938 - 1%
1937 - 1.41%
1936 - 1.17%
1935 - 1.34%
1934 - -0.12%
1933 - -0.56%
1932 - -2.14%
1931 - -3.07%
1930 - -5.48%
1929 - -6.67%
1928 - -1.09%
1927 - -0.02%
1926 - -0.25%
1925 - -0.97%
1924 - 1.26%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-07-08).

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

In 2025, Algeria's government deficit, the difference between spending and revenue, was $29.1B, equivalent to 10.2% of GDP. This compares to Bulgaria's deficit of $3.94B, or 3.01% of GDP.

Over the past 31 years, Algeria recorded a fiscal deficit in 20 of those years, while Bulgaria ran a deficit in 19 years. On average, Algeria posted an annual deficit equal to 1.85% of GDP, compared to deficit of 1.1% of GDP for Bulgaria.

Inflation comparison by year

Inflation
Algeria

Bulgaria
1x
Year Consumer prices inflation
Algeria Bulgaria
2025 1.42% 3.5%
2024 4.05% 2.6%
2023 9.32% 8.6%
2022 9.27% 13%
2021 7.23% 2.8%
2020 2.42% 1.2%
2019 1.95% 2.5%
2018 4.27% 2.6%
2017 5.59% 1.2%
2016 6.4% -1.3%
2015 4.78% -1.1%
2014 2.92% -1.6%
2013 3.25% 0.4%
2012 8.89% 2.4%
2011 4.52% 3.4%
2010 3.91% 3%
2009 5.74% 2.5%
2008 4.86% 12%
2007 3.68% 7.6%
2006 2.31% 7.4%
2005 1.38% 6%
2004 3.96% 6.1%
2003 4.27% 2.3%
2002 1.42% 5.8%
2001 4.23% 7.4%
2000 0.34% 10.3%
1999 2.65% 2.6%
1998 4.95% 18.7%
1997 5.73% 1,061%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Algeria has recorded an average annual inflation rate of 4.33%, compared with 41.1% in Bulgaria. In 2025, inflation was 1.42% in Algeria and 3.5% in Bulgaria.

Top exports between countries

Algeria
Export category Export value
Raw materials & minerals $25M
Chemicals & pharma $2.55M
Metals $1.9M
Textiles & consumer goods $977K
Processed food, beverages & tobacco $882K
Raw agricultural goods $438K
Bulgaria
Export category Export value
Raw agricultural goods $595M
Raw materials & minerals $58.3M
Metals $39.2M
Wood & paper products $35.2M
Chemicals & pharma $8.57M
Processed food, beverages & tobacco $7.14M
Machinery & equipment $6.27M
Textiles & consumer goods $2.14M
Weapons & explosives $1.47M
Animal & marine products $98K

Balance of trade

Algeria Bulgaria
Current account balance
-$2.75B
2024
-$7.64B
2025
Current account balance ranking
151/190
2024
170/190
2025
Current account balance, % of GDP
-1.02%
2024
-5.84%
2025
Goods imports
$45.3B
2024
$58.5B
2025
Goods exports
$48.8B
2024
$47.9B
2025
Service imports
$9.13B
2024
$9.42B
2025
Service exports
$4.22B
2024
$18.6B
2025
Imports of goods and services, % of GDP
22.1%
2025
51.8%
2025
Exports of goods and services, % of GDP
16.8%
2025
50.7%
2025

Economic freedom indices

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

Algeria Bulgaria
Economic freedom 45.8 68.9
Economic freedom ranking 179/197 44/197
Property rights 27.7 75.8
Government integrity 29.4 48.4
Judicial effectiveness 30 58.5
Tax burden 80.3 89.1
Government spending 61.9 58.4
Fiscal health 15.4 90.4
Business freedom 59.3 78.2
Labor freedom 52.2 62.4
Monetary freedom 74.7 75.8
Trade freedom 58.8 79.4
Investment freedom 30 60
Financial freedom 30 50

Economic freedom comparison by year

Algeria
Bulgaria
1x
Year Economic freedom index
Algeria Bulgaria
2026 45.8 68.9
2025 47.5 68.8
2024 43.9 68.5
2023 43.2 69.3
2022 45.8 71
2021 49.7 70.4
2020 46.9 70.2
2019 46.2 69
2018 44.7 68.3
2017 46.5 67.9
2016 50.1 65.9
2015 48.9 66.8
2014 50.8 65.7
2013 49.6 65
2012 51 64.7
2011 52.4 64.9
2010 56.9 62.3
2009 56.6 64.6
2008 56.2 63.7
2007 55.4 62.7
2006 55.7 64.1
2005 53.2 62.3
2004 58.1 59.2
2003 57.7 57
2002 61 57.1
2001 57.3 51.9
2000 56.8 47.3
1999 57.2 46.2
1998 55.8 45.7
1997 54.9 47.6
1996 54.5 48.6
1995 55.7 50

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 68.9 for Bulgaria, ranking 44/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Bulgaria
Services, % of GDP
45.7%
2025
63.3%
2025
Industry, % of GDP
34.8%
2025
21.2%
2025
Agriculture, forestry, and fishing, % of GDP
14.5%
2025
2.47%
2025
GNI, Atlas method
$278B
2025
$114B
2025
GNI per capita, PPP
$18,240
2025
$42,170
2025
Total reserves including gold
$72.5B
2025
$47.1B
2025
Total reserves ranking
38/177
2025
51/177
2025
Net foreign direct investment
-$1.23B
2024
-$3.37B
2025
Net inflows of foreign direct investment
$1.23B
2024
$3.05B
2024
Net outflows of foreign direct investment
$265K
2024
$1.21B
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
6.8%
2024
Poverty at national poverty lines
5.5%
2011
21.7%
2023
Gross capital formation, % of GDP
45.3%
2025
21.7%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.