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Economy of Algeria vs Burkina Faso compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $23.1B for Burkina Faso, ranking 51/197 and 122/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $13.2B (57.2% of GDP) in Burkina Faso.

Algeria vs Burkina Faso GDP by year

Algeria
Burkina Faso
1x
Year GDP, current $
Algeria Burkina Faso
2024 $269,322,281,665 $23,124,729,853
2023 $247,923,887,215 $20,112,614,449
2022 $225,581,644,703 $18,622,421,395
2021 $186,231,205,262 $19,697,516,284
2020 $164,873,415,325 $17,725,010,533
2019 $193,459,662,091 $16,032,813,503
2018 $194,554,483,656 $15,890,066,221
2017 $189,880,896,903 $14,106,955,615
2016 $180,763,839,522 $12,833,363,045
2015 $187,493,855,609 $11,832,159,316
2014 $238,942,664,193 $13,943,016,077
2013 $229,701,430,292 $13,444,300,486
2012 $227,143,746,076 $12,561,015,157
2011 $218,331,946,925 $12,080,295,978
2010 $177,785,053,940 $10,109,619,741
2009 $150,317,292,079 $9,450,696,873
2008 $180,383,848,331 $9,451,435,490
2007 $142,482,739,810 $7,625,722,837
2006 $123,084,258,693 $6,547,419,820
2005 $107,046,618,670 $6,146,353,173
2004 $91,913,680,985 $5,451,688,538
2003 $73,482,264,191 $4,740,768,143
2002 $61,516,103,406 $3,622,350,063
2001 $59,413,400,924 $3,190,371,081
2000 $54,790,398,570 $2,968,370,088
1999 $48,640,671,735 $3,389,566,713
1998 $48,187,781,984 $2,804,902,367
1997 $48,177,612,042 $2,447,669,102
1996 $46,941,554,225 $2,586,550,595
1995 $41,764,291,672 $2,379,517,975
1994 $42,543,176,829 $1,895,290,637
1993 $49,945,584,453 $3,199,536,465
1992 $48,003,133,347 $3,356,692,505
1991 $45,715,676,428 $3,135,045,584
1990 $62,048,507,531 $3,101,300,779
1989 $55,634,721,573 $2,615,587,734
1988 $59,089,396,860 $2,616,040,479
1987 $66,745,818,375 $2,369,834,950
1986 $63,692,007,897 $2,036,303,358
1985 $57,937,868,670 $1,552,493,196
1984 $53,698,548,293 $1,459,880,132
1983 $48,801,369,800 $1,600,278,605
1982 $45,207,167,470 $1,754,450,096
1981 $44,348,590,461 $1,775,842,334
1980 $42,345,829,079 $1,928,719,888
1979 $33,243,706,860 $1,748,480,621
1978 $26,364,491,313 $1,475,583,645
1977 $20,972,113,685 $1,131,224,878
1976 $17,728,240,932 $976,547,188
1975 $15,557,902,754 $939,972,703
1974 $13,209,871,626 $751,133,430
1973 $8,707,858,912 $674,773,570
1972 $6,766,743,957 $578,595,522
1971 $5,077,183,094 $482,411,179
1970 $4,863,526,897 $458,404,269
1969 $4,257,253,264 $478,298,645
1968 $3,852,147,027 $460,442,689
1967 $3,370,870,376 $450,753,924
1966 $3,039,859,187 $433,889,766
1965 $3,136,284,307 $422,916,790
1964 $2,909,316,435 $410,321,645
1963 $2,702,982,018 $394,040,667
1962 $2,001,444,544 $379,567,099
1961 $2,434,747,056 $350,247,234
1960 $2,723,615,451 $330,442,816

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

GeoRank.org/economy/algeria/burkina-faso | CC BY

GDP per capita in Algeria vs Burkina Faso by year

Algeria
GDP per capita

GDP per capita, PPP
Burkina Faso
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Burkina Faso
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $982 $2,896
2023 $5,370 $16,824 $873 $2,759
2022 $4,960 $15,836 $827 $2,645
2021 $4,161 $14,497 $896 $2,486
2020 $3,744 $12,677 $825 $2,381
2019 $4,468 $13,893 $765 $2,232
2018 $4,577 $13,727 $777 $2,073
2017 $4,555 $13,494 $709 $2,042
2016 $4,425 $13,438 $664 $1,882
2015 $4,685 $13,807 $630 $1,692
2014 $6,095 $14,694 $765 $1,661
2013 $5,980 $14,371 $760 $1,643
2012 $6,034 $14,441 $731 $1,572
2011 $5,916 $14,640 $725 $1,531
2010 $4,913 $14,201 $625 $1,449
2009 $4,235 $13,651 $602 $1,360
2008 $5,181 $13,666 $619 $1,351
2007 $4,167 $13,321 $515 $1,290
2006 $3,661 $12,791 $456 $1,244
2005 $3,233 $12,246 $441 $1,172
2004 $2,817 $11,432 $404 $1,079
2003 $2,284 $10,803 $362 $1,038
2002 $1,937 $10,080 $285.7 $974
2001 $1,896 $9,544 $259.5 $948
2000 $1,773 $9,187 $248.9 $896
1999 $1,596 $8,776 $292.8 $886
1998 $1,603 $8,503 $249.5 $838
1997 $1,629 $8,129 $223.9 $794
1996 $1,617 $8,053 $242.7 $753
1995 $1,467 $7,747 $229.1 $684
1994 $1,526 $7,463 $187.2 $650
1993 $1,831 $7,538 $324 $644
1992 $1,803 $7,705 $349 $623
1991 $1,759 $7,582 $334 $623
1990 $2,445 $7,602 $339 $567
1989 $2,247 - $293.2 -
1988 $2,451 - $301 -
1987 $2,847 - $280.2 -
1986 $2,800 - $247.5 -
1985 $2,633 - $194.1 -
1984 $2,524 - $187.8 -
1983 $2,374 - $211.9 -
1982 $2,275 - $239 -
1981 $2,307 - $248.7 -
1980 $2,276 - $277.6 -
1979 $1,843 - $258.5 -
1978 $1,506 - $223.9 -
1977 $1,232 - $176 -
1976 $1,080 - $155.5 -
1975 $992 - $152.9 -
1974 $873 - $124.7 -
1973 $590 - $114.1 -
1972 $469 - $99.6 -
1971 $360 - $84.5 -
1970 $353 - $81.7 -
1969 $316 - $86.8 -
1968 $292.4 - $85 -
1967 $261.8 - $84.6 -
1966 $241.4 - $82.8 -
1965 $253.6 - $82.1 -
1964 $238.9 - $80.9 -
1963 $225.6 - $78.9 -
1962 $169.6 - $77.2 -
1961 $209.4 - $72.2 -
1960 $238.4 - $69.2 -

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

GeoRank.org/economy/algeria/burkina-faso | CC BY

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $982 in Burkina Faso, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Burkina Faso ranks 181st at $2,896.

Economic indicators

Algeria Burkina Faso
Gross domestic product
$269B
2024
$23.1B
2024
GDP rank
51/197
2024
122/197
2024
GDP growth
3.7%
2023-2024
4.8%
2023-2024
GDP per capita
$5,753
2024
$982
2024
GDP per capita rank
114/197
2024
180/197
2024
GDP per capita, PPP
$17,621
2024
$2,896
2024
GDP per capita PPP rank
105/197
2024
181/197
2024
Government debt
$129B
2024
$13.2B
2024
Debt-to-GDP ratio
48.1%
2024
57.2%
2024
Government debt per person
$2,765
2024
$562
2024
Government debt per person rank
106/185
2024
162/185
2024
Average annual personal income after taxes
$3,787
2026
$2,710
2026
Market capitalization of domestic companies
$371M
2018
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
30.2%
2021
Income share by poorest 10%
4%
2011
3%
2021
Government expenditure, % of GDP
36.8%
2024
27.8%
2024
Consumer prices inflation
4.05%
2023-2024
4.19%
2023-2024
Central bank interest rate
3%
2020
n/a
Unemployment rate
12%
2017
3.44%
2024
Population
48222325
24756783

Spending and national debt comparison by year

Algeria
Spending

Debt
Burkina Faso
Spending

Debt
1x
Year % of GDP
Algeria Burkina Faso
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 27.8% 57.2%
2023 37.4% 47.7% 29.4% 56.8%
2022 32.7% 48.1% 32.9% 59.2%
2021 32.5% 55.1% 27.8% 55.5%
2020 37.5% 46% 24.4% 43.6%
2019 37.1% 40.9% 23.3% 41.7%
2018 36.2% 34.5% 24.2% 38.1%
2017 36.2% 24% 26.3% 33.9%
2016 37.2% 18.1% 21.6% 32.9%
2015 40.9% 7.73% 20.4% 31.3%
2014 36.9% 6.85% 20.9% 26.1%
2013 33.5% 6.48% 25.3% 25.9%
2012 40% 8.58% 22.7% 25.2%
2011 37.7% 8.48% 20.4% 24.5%
2010 35.1% 9.51% 21.7% 23.7%
2009 40.1% 8.92% 21.5% 25.9%
2008 37.3% 7.64% 18.6% 24.9%
2007 33.1% 12.8% 22.8% 22.4%
2006 27.8% 22.5% 21.9% 20.1%
2005 27.8% 25.4% 20.2% 39.2%
2004 27.1% 32.7% 20.3% 40.7%
2003 27% 38.2% 17.6% 39.7%
2002 32.5% 47.3% 19.5% 43.3%
2001 29.1% 50% 19.7% 46.6%
2000 26.4% 53.4% 19.8% 47.5%
1999 29.4% 69.7% 21.4% 46.4%
1998 28.7% 79.9% 19.7% 47.7%
1997 28.5% 79.6% 20% 48.4%
1996 26.9% 90.7% 19.8% 45.8%
1995 28.9% 95.9% 19.4% 48.9%
1994 30.9% 106.3% 17.8% 55.1%
1993 32.6% 76.8% 17.9% 33.6%
1992 28.2% 69.3% 16.7% 29.6%
1991 27.6% 86.1% 17% 28.7%
1990 23.3% 63.6% 18.4% 25.6%
1989 - - 14.2% 25.5%
1988 - - 16.2% 28.8%
1987 - - 19.2% 30.7%
1986 - - 16.3% 27.6%
1985 - - 11.5% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20).

GeoRank.org/economy/algeria/burkina-faso | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Burkina Faso spent $6.43B, or 27.8% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 57.2% in Burkina Faso, ranking 113/185 and 89/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Burkina Faso
1x
Year Deficit/surplus, % of GDP
Algeria Burkina Faso
2024 -13.8% -5.84%
2023 -5.52% -6.91%
2022 -2.96% -10.9%
2021 -6.32% -7.45%
2020 -10.5% -5.16%
2019 -8.51% -3.39%
2018 -6.15% -4.43%
2017 -7.55% -6.92%
2016 -11.8% -3.08%
2015 -13.9% -2.09%
2014 -7.14% -1.74%
2013 -0.79% -3.55%
2012 -4.04% -2.76%
2011 -1.06% -2.04%
2010 -1.35% -4.06%
2009 -6.53% -4.16%
2008 7.79% -3.63%
2007 4.63% -5.01%
2006 12.9% 14.3%
2005 11.4% -4.89%
2004 6.36% -4.19%
2003 7.22% -1.79%
2002 0.21% -4.43%
2001 3.15% -3.56%
2000 8.91% -3.03%
1999 -1.83% -3.29%
1998 -3.52% -2.6%
1997 2.19% -2.64%
1996 2.7% -1.67%
1995 -1.3% -2.65%
1994 -4.05% -1.89%
1993 -7.79% -3.81%
1992 -1.05% -2.51%
1991 1.53% -2.77%
1990 3.35% -7.54%
1989 - 1.96%
1988 - -4.32%
1987 - -5.27%
1986 - -5.1%
1985 - -1.21%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/algeria/burkina-faso | 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 Burkina Faso's deficit of $1.35B, or 5.84% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Burkina Faso ran a deficit in 34 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 3.49% of GDP for Burkina Faso.

Inflation comparison by year

Inflation
Algeria

Burkina Faso
1x
Year Consumer prices inflation
Algeria Burkina Faso
2024 4.05% 4.19%
2023 9.32% 0.74%
2022 9.27% 14.3%
2021 7.23% 3.65%
2020 2.42% 1.88%
2019 1.95% -3.23%
2018 4.27% 1.96%
2017 5.59% 1.48%
2016 6.4% 0.44%
2015 4.78% 0.72%
2014 2.92% -0.26%
2013 3.25% 0.53%
2012 8.89% 3.82%
2011 4.52% 2.76%
2010 3.91% -0.76%
2009 5.74% 2.61%
2008 4.86% 10.7%
2007 3.68% -0.23%
2006 2.31% 2.33%
2005 1.38% 6.42%
2004 3.96% -0.4%
2003 4.27% 2.03%
2002 1.42% 2.18%
2001 4.23% 5.01%
2000 0.34% -0.3%
1999 2.65% -1.07%
1998 4.95% 5.08%
1997 5.73% 2.32%

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

GeoRank.org/economy/algeria/burkina-faso | CC BY

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 2.46% in Burkina Faso. In 2024, inflation was 4.05% in Algeria and 4.19% in Burkina Faso.

Top exports between countries

Algeria
Export category Export value
Machinery & equipment $265K
Chemicals & pharma $67K
Wood & paper products $2K
Raw materials & minerals $1K
Burkina Faso
Export category Export value
Raw agricultural goods $723K
Raw materials & minerals $539K
Textiles & consumer goods $23K
Metals $5K
Precious metals & jewellery $3K
Machinery & equipment $2K

Balance of trade

Algeria Burkina Faso
Current account balance
-$2.75B
2024
-$1.02B
2023
Current account balance ranking
154/190
2024
122/190
2023
Current account balance, % of GDP
-1.02%
2024
-5.06%
2023
Goods imports
$45.3B
2024
$5.38B
2023
Goods exports
$48.8B
2024
$5.29B
2023
Service imports
$9.13B
2024
$1.45B
2023
Service exports
$4.22B
2024
$621M
2023
Imports of goods and services, % of GDP
20.3%
2024
31.9%
2024
Exports of goods and services, % of GDP
19.9%
2024
28.6%
2024

Economic freedom indices

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

Algeria Burkina Faso
Economic freedom 45.8 49.1
Economic freedom ranking 179/197 167/197
Property rights 27.7 17.6
Government integrity 29.4 40.2
Judicial effectiveness 30 26.1
Tax burden 80.3 80.8
Government spending 61.9 72.9
Fiscal health 15.4 13.4
Business freedom 59.3 37.8
Labor freedom 52.2 62.1
Monetary freedom 74.7 71.9
Trade freedom 58.8 61
Investment freedom 30 65
Financial freedom 30 40

Economic freedom comparison by year

Algeria
Burkina Faso
1x
Year Economic freedom index
Algeria Burkina Faso
2026 45.8 49.1
2025 47.5 51
2024 43.9 51.9
2023 43.2 56.2
2022 45.8 58.3
2021 49.7 56.5
2020 46.9 56.7
2019 46.2 59.4
2018 44.7 60
2017 46.5 59.6
2016 50.1 59.1
2015 48.9 58.6
2014 50.8 58.9
2013 49.6 59.9
2012 51 60.6
2011 52.4 60.6
2010 56.9 59.4
2009 56.6 59.5
2008 56.2 55.7
2007 55.4 55.1
2006 55.7 55.8
2005 53.2 56.6
2004 58.1 58
2003 57.7 58.9
2002 61 58.8
2001 57.3 56.7
2000 56.8 55.7
1999 57.2 55
1998 55.8 54.5
1997 54.9 54
1996 54.5 49.4
1995 55.7 -

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

GeoRank.org/economy/algeria/burkina-faso | CC BY

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 49.1 for Burkina Faso, ranking 167/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Burkina Faso
Services, % of GDP
46.8%
2024
43.9%
2024
Industry, % of GDP
36.2%
2024
26.5%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
20.9%
2024
GNI, Atlas method
$252B
2024
$20.1B
2024
GNI per capita, PPP
$17,290
2024
$2,720
2024
Total reserves including gold
$83B
2024
n/a
Total reserves ranking
31/177
2024
n/a
Net foreign direct investment
-$1.23B
2024
-$64.3M
2023
Net inflows of foreign direct investment
$1.23B
2024
$82.9M
2024
Net outflows of foreign direct investment
$265K
2024
$2.73M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
4.07%
2024
Poverty at national poverty lines
5.5%
2011
43.2%
2021
Gross capital formation, % of GDP
41.1%
2024
21.9%
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/burkina-faso | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20)
  6. TradeMap (2017–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.