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Economy of Algeria vs Chile compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $264B compared to $330B for Chile, ranking 52/197 and 46/197 by economy size, respectively.

Algeria has $122B in government debt (57.8% of GDP), compared to $139B (43% of GDP) in Chile.

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 $
Chile
GDP, current $

GDP, constant 2015 $
Year GDP
Algeria Chile
Current $ Constant $ Current $ Constant $
1960 $2,723,615,451 $27,287,513,102 $4,211,103,677 $26,275,664,125
1961 $2,434,747,056 $23,574,926,518 $4,948,564,551 $27,725,978,495
1962 $2,001,444,544 $18,934,192,373 $5,765,971,144 $28,815,827,040
1963 $2,702,982,018 $25,431,219,790 $5,702,520,146 $30,454,488,579
1964 $2,909,316,435 $26,916,253,746 $6,065,708,668 $31,204,014,437
1965 $3,136,284,307 $28,586,918,219 $6,183,988,944 $31,413,343,022
1966 $3,039,859,187 $27,213,325,105 $7,256,882,086 $35,014,387,052
1967 $3,370,870,376 $29,785,790,539 $7,145,068,068 $36,270,742,032
1968 $3,852,147,027 $33,001,535,546 $7,286,820,526 $37,566,955,711
1969 $4,257,253,264 $35,784,647,536 $8,456,519,044 $39,108,395,437
1970 $4,863,526,897 $38,956,118,145 $9,261,006,540 $39,771,076,474
1971 $5,077,183,094 $34,541,720,238 $10,999,807,567 $43,577,595,610
1972 $6,766,743,957 $44,014,431,054 $12,057,501,635 $43,267,163,670
1973 $8,707,858,912 $45,692,778,906 $17,237,336,173 $41,087,469,486
1974 $13,209,871,626 $49,117,415,082 $16,584,311,220 $41,600,890,292
1975 $15,557,902,754 $51,595,556,464 $7,812,161,793 $36,494,895,964
1976 $17,728,240,932 $55,922,750,141 $10,523,479,089 $37,810,425,598
1977 $20,972,113,685 $58,863,496,044 $14,272,711,437 $42,025,983,482
1978 $26,364,491,313 $64,287,670,492 $16,373,093,554 $45,399,335,594
1979 $33,243,706,860 $69,094,990,985 $22,249,574,628 $49,229,142,624
1980 $42,345,829,079 $69,641,260,801 $29,586,676,576 $53,252,287,646
1981 $44,348,590,461 $71,730,495,901 $35,180,322,211 $56,830,116,589
1982 $45,207,167,470 $76,321,250,590 $19,710,229,067 $50,293,481,314
1983 $48,801,369,800 $80,442,600,430 $20,629,678,694 $47,811,382,483
1984 $53,698,548,293 $84,947,383,263 $19,974,595,028 $49,716,049,397
1985 $57,937,868,670 $88,090,434,111 $17,933,557,360 $51,482,161,644
1986 $63,692,007,897 $88,442,796,731 $19,197,818,085 $54,265,063,039
1987 $66,745,818,375 $87,823,699,342 $22,605,488,851 $57,921,900,186
1988 $59,089,396,860 $86,945,457,527 $26,174,858,614 $62,179,629,421
1989 $55,634,721,573 $90,771,059,536 $30,101,767,991 $68,620,417,336
1990 $62,048,507,531 $91,497,228,539 $33,428,580,448 $71,089,876,110
1991 $45,715,676,428 $90,399,261,260 $38,232,330,917 $76,603,750,426
1992 $48,003,133,347 $92,026,450,044 $46,538,895,686 $85,414,661,278
1993 $49,945,584,453 $90,093,893,897 $49,934,943,321 $91,125,130,549
1994 $42,543,176,829 $89,283,051,957 $57,438,273,591 $95,751,374,591
1995 $41,764,291,672 $92,675,803,281 $73,820,425,702 $104,613,573,720
1996 $46,941,554,225 $96,475,509,799 $78,584,098,984 $112,056,685,780
1997 $48,177,612,042 $97,536,740,346 $85,741,415,285 $120,339,623,826
1998 $48,187,781,984 $102,511,117,625 $81,990,010,704 $125,370,887,065
1999 $48,640,671,735 $105,791,474,981 $75,578,685,736 $125,027,832,954
2000 $54,790,398,570 $109,811,551,032 $78,339,750,721 $131,243,743,563
2001 $59,413,400,924 $113,105,897,562 $71,574,739,561 $135,383,217,072
2002 $61,516,103,406 $119,213,616,030 $70,264,045,939 $139,719,269,577
2003 $73,482,264,191 $126,962,501,073 $76,492,579,644 $146,318,553,367
2004 $91,913,680,985 $132,675,813,621 $99,075,985,774 $156,084,225,514
2005 $107,046,618,670 $139,840,307,556 $122,294,145,163 $165,194,933,118
2006 $123,084,258,693 $143,895,676,474 $153,843,518,171 $175,189,211,416
2007 $142,482,739,810 $148,356,442,446 $172,491,076,034 $184,243,394,523
2008 $180,383,848,331 $152,065,353,507 $179,894,594,475 $191,225,100,461
2009 $150,317,292,079 $153,890,137,748 $171,777,900,624 $189,087,132,633
2010 $177,785,053,940 $161,276,864,361 $217,051,209,239 $200,151,851,762
2011 $218,331,946,925 $166,115,170,291 $251,382,573,894 $212,609,096,429
2012 $227,143,746,076 $170,101,934,379 $267,024,782,487 $225,695,909,225
2013 $229,701,430,292 $174,524,584,674 $277,395,018,842 $233,163,076,995
2014 $238,942,664,193 $181,680,092,643 $259,560,978,224 $237,342,873,662
2015 $187,493,855,609 $187,493,855,609 $242,450,355,831 $242,450,355,831
2016 $180,763,839,522 $194,806,115,978 $249,344,863,928 $246,700,604,516
2017 $189,880,896,903 $197,728,207,716 $276,154,259,981 $250,050,047,210
2018 $194,554,483,656 $200,496,402,626 $295,857,562,992 $260,027,117,803
2019 $193,459,662,091 $202,300,870,248 $278,285,058,719 $261,676,645,417
2020 $164,873,415,325 $192,185,826,737 $254,042,159,309 $245,600,606,669
2021 $186,231,205,262 $199,488,888,151 $315,325,547,162 $273,390,120,031
2022 $225,638,456,572 $206,670,488,127 $301,226,575,540 $279,278,925,616
2023 $247,626,161,016 $215,143,978,140 $335,518,054,098 $280,734,996,501
2024 $263,619,794,507 $222,243,729,417 $330,267,137,372 $288,158,504,435

Economic indicators

Algeria Chile
Gross domestic product
$264B
2024
$330B
2024
GDP rank
52/197
2024
46/197
2024
GDP growth
6.46%
2023-2024
-1.57%
2023-2024
GDP per capita
$5,631
2024
$16,710
2024
GDP per capita rank
115/197
2024
65/197
2024
GDP per capita, PPP
$17,553
2024
$34,637
2024
Government debt
$122B
2024
$139B
2024
Debt-to-GDP ratio
57.8%
2025
43%
2025
Government debt per person
$2,602
2024
$7,015
2024
Government debt per person rank
109/185
2024
69/185
2024
Average annual personal income after taxes
$3,802
2025
$9,593
2025
Market capitalization of domestic companies
$371M
2018
$262B
2024
Number of millionaires n/a
81,274
2024
Number of billionaires
1
2025
6
2025
Income share by richest 10%
22.9%
2011
34.5%
2022
Income share by poorest 10%
4%
2011
2.3%
2022
Government expenditure, % of GDP
38.4%
2025
26.6%
2025
Consumer prices inflation
4.05%
2023-2024
4.3%
2023-2024
Central bank interest rate
3%
2020
4.75%
2025
Unemployment rate
12%
2017
8.76%
2024
Population
47911682
19928941

GDP per capita in Algeria vs Chile

Algeria's GDP per capita is $5,631, ranking 115/197, compared to $16,710 in Chile, ranking 65/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 104th at $17,553, while Chile ranks 64th at $34,637.

Algeria
GDP per capita

GDP per capita, PPP
Chile
GDP per capita

GDP per capita, PPP
Year Current $
Algeria Chile
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $238.4 - $516 -
1961 $209.4 - $594 -
1962 $169.6 - $679 -
1963 $225.6 - $658 -
1964 $238.9 - $686 -
1965 $253.6 - $686 -
1966 $241.4 - $790 -
1967 $261.8 - $764 -
1968 $292.4 - $766 -
1969 $316 - $874 -
1970 $353 - $941 -
1971 $360 - $1,099 -
1972 $469 - $1,185 -
1973 $590 - $1,667 -
1974 $873 - $1,579 -
1975 $992 - $732 -
1976 $1,080 - $971 -
1977 $1,232 - $1,297 -
1978 $1,506 - $1,465 -
1979 $1,843 - $1,962 -
1980 $2,276 - $2,571 -
1981 $2,307 - $3,012 -
1982 $2,275 - $1,663 -
1983 $2,374 - $1,715 -
1984 $2,524 - $1,636 -
1985 $2,633 - $1,447 -
1986 $2,800 - $1,525 -
1987 $2,847 - $1,767 -
1988 $2,451 - $2,014 -
1989 $2,247 - $2,278 -
1990 $2,445 $7,602 $2,488 $4,445
1991 $1,759 $7,582 $2,798 $4,886
1992 $1,803 $7,705 $3,352 $5,563
1993 $1,831 $7,538 $3,541 $6,061
1994 $1,526 $7,463 $4,012 $6,476
1995 $1,467 $7,747 $5,081 $7,232
1996 $1,617 $8,053 $5,334 $7,895
1997 $1,629 $8,129 $5,742 $8,511
1998 $1,603 $8,503 $5,420 $8,850
1999 $1,596 $8,776 $4,934 $8,839
2000 $1,773 $9,187 $5,053 $9,376
2001 $1,896 $9,544 $4,564 $9,776
2002 $1,937 $10,080 $4,431 $10,133
2003 $2,284 $10,803 $4,773 $10,709
2004 $2,817 $11,432 $6,121 $11,612
2005 $3,233 $12,246 $7,480 $12,550
2006 $3,661 $12,791 $9,319 $15,511
2007 $4,167 $13,321 $10,346 $16,698
2008 $5,181 $13,666 $10,683 $16,376
2009 $4,235 $13,651 $10,099 $15,951
2010 $4,913 $14,201 $12,633 $17,918
2011 $5,916 $14,640 $14,487 $20,122
2012 $6,034 $14,441 $15,242 $21,366
2013 $5,980 $14,371 $15,684 $22,201
2014 $6,095 $14,694 $14,530 $22,554
2015 $4,685 $13,807 $13,434 $22,458
2016 $4,425 $13,438 $13,650 $23,257
2017 $4,555 $13,494 $14,880 $24,295
2018 $4,577 $13,727 $15,659 $25,305
2019 $4,468 $13,893 $14,496 $25,612
2020 $3,744 $12,677 $13,115 $25,351
2021 $4,161 $14,497 $16,207 $29,090
2022 $4,962 $15,836 $15,406 $30,820
2023 $5,364 $16,824 $17,067 $32,801
2024 $5,631 $17,553 $16,710 $34,637

Spending and national debt comparison

In 2024, Algeria's government spending was $99.9B, accounting for 38.4% of its GDP, while Chile's spent $87.5B, or 26.6% of GDP.

Debt-to-GDP ratio is 57.8% in Algeria and 43% in Chile, ranking 92/185 and 126/185, respectively.

Algeria
Government spending

Government debt
Chile
Government spending

Government debt
Year % of GDP
Algeria Chile
Government spending Government debt Government spending Government debt
1960 - - 19.7% 7.02%
1961 - - 19.5% 7.97%
1962 - - 21.3% 6.99%
1963 - - 18.9% 9.23%
1964 - - 17.8% 9.6%
1965 - - 20.5% 12.6%
1966 - - 20.5% 12.6%
1967 - - 19.1% 14.9%
1968 - - 19.3% 17.9%
1969 - - 18.7% 21.5%
1970 - - 21.1% 26.3%
1971 - - 27.2% 20%
1972 - - 35% 10.1%
1973 - - 30.8% 11.1%
1974 - - 32.3% 18.8%
1975 - - 33.6% 28.4%
1976 - - 30% 19.5%
1977 - - 30% 16.5%
1978 - - 29.4% 26%
1979 - - 24.8% 23.2%
1980 - - 23.8% 17.4%
1981 - - 26.4% 14%
1982 - - 30.1% 20.3%
1983 - - 29.2% 45.5%
1984 - - 30% 56.6%
1985 - - 28.5% 79.8%
1986 - - 26.6% 88.4%
1987 - - 22.9% 81.6%
1988 - - 21.3% 71.2%
1989 - - 19.8% 51.9%
1990 23.3% 63.6% 20.9% 50.3%
1991 27.6% 86.1% 21.2% 37%
1992 28.2% 69.3% 20.8% 30.3%
1993 32.6% 76.8% 21.1% 28%
1994 30.9% 106.3% 20.6% 22.6%
1995 28.9% 95.9% 19.4% 17.2%
1996 26.9% 90.7% 20.6% 14.6%
1997 28.5% 79.6% 20.6% 12.8%
1998 28.7% 79.9% 21.9% 12.1%
1999 29.4% 69.7% 23.7% 13.3%
2000 26.4% 53.4% 22.9% 13.1%
2001 29.1% 50% 23.2% 14.3%
2002 32.5% 47.3% 23.2% 15%
2003 27% 38.2% 22.2% 12.6%
2004 27.1% 32.7% 20.8% 10.3%
2005 27.8% 25.4% 20.2% 7.04%
2006 27.8% 22.5% 18.7% 5.02%
2007 33.1% 12.8% 19.3% 3.9%
2008 37.3% 7.64% 21.8% 4.92%
2009 40.1% 8.92% 25% 5.84%
2010 35.1% 9.51% 23.5% 8.61%
2011 37.7% 8.48% 22.9% 11.1%
2012 40% 8.58% 23.1% 11.9%
2013 33.5% 6.48% 23.1% 12.8%
2014 36.9% 6.85% 23.9% 15%
2015 40.9% 7.73% 25% 17.4%
2016 37.2% 18.1% 25.4% 21.1%
2017 36.2% 24% 25.5% 23.7%
2018 36.2% 34.5% 25.6% 25.8%
2019 37.1% 40.9% 26.5% 28.3%
2020 37.5% 46% 29.1% 32.4%
2021 32.5% 55.1% 33.6% 36.4%
2022 32.7% 48.1% 26.7% 37.9%
2023 37.4% 47.7% 27.4% 39.4%
2024 37.9% 46.2% 26.5% 42%
2025 38.4% 57.8% 26.6% 43%

Government deficit by year

In 2024, Algeria's government deficit, the difference between spending and revenue, was -$32.3B, equivalent to -12.2% of GDP. This compares to Chile's deficit of -$9.05B, or -2.74% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Chile ran a deficit in 18 years. On average, Algeria posted an annual deficit equal to -1.53% of GDP, compared to surplus of +0.09% of GDP for Chile.

Deficit/surplus
Algeria

Chile
Year Deficit/surplus, % of GDP
Algeria Chile
1810 - 3.64%
1811 - 3.24%
1812 - 2.79%
1813 - 2.34%
1814 - 1.91%
1815 - 1.53%
1816 - 1.21%
1817 - 0.94%
1818 - 1.52%
1819 - 0.16%
1820 - 0.64%
1821 - -0.19%
1822 - 1.28%
1823 - 0.98%
1824 - -0.37%
1825 - 0.05%
1826 - -0.08%
1827 - 0.07%
1828 - -0.3%
1829 - -0.06%
1830 - -0.51%
1831 - -0.77%
1832 - -0.57%
1833 - -0.45%
1834 - -0.39%
1835 - -0.58%
1836 - -0.17%
1837 - -0.05%
1838 - -0.21%
1839 - 0.25%
1840 - 0.34%
1841 - 0.31%
1842 - 1.1%
1843 - 0.69%
1844 - 0.48%
1845 - -0.21%
1846 - 0.36%
1847 - 0.04%
1848 - -0.25%
1849 - 0.6%
1850 - 0.35%
1851 - -0.39%
1852 - 0.68%
1853 - 0.27%
1854 - -0.2%
1855 - 0.1%
1856 - 0.11%
1857 - -0.3%
1858 - -1.37%
1859 - -1.6%
1860 - -0.07%
1861 - -0.5%
1862 - -0.13%
1863 - -0.26%
1864 - -1.07%
1865 - -1.95%
1866 - -5.72%
1867 - -4.31%
1868 - -2.85%
1869 - -1.07%
1870 - -1.83%
1871 - -2.38%
1872 - -1.78%
1873 - -1.94%
1874 - -4.75%
1875 - -3.73%
1876 - -3.17%
1877 - -3.88%
1878 - -2.27%
1879 - -4.34%
1880 - -2%
1881 - -1.83%
1882 - -2.86%
1883 - -3.57%
1884 - -3.23%
1885 - -2.46%
1886 - -5.17%
1887 - -4%
1888 - -0.58%
1889 - -2.71%
1890 - -3.65%
1891 - -6.72%
1892 - -1.33%
1893 - -0.59%
1894 - 0.82%
1895 - -2.31%
1896 - -5.36%
1897 - -1.78%
1898 - -3.84%
1899 - -0.78%
1900 - -1.89%
1901 - -3.93%
1902 - -3.65%
1903 - -1.35%
1904 - -1.6%
1905 - -1.31%
1906 - -2.8%
1907 - -2.39%
1908 - -0.84%
1909 - -2.26%
1910 - -3.17%
1911 - -3.32%
1912 - -3.29%
1913 - -2.23%
1914 - -2.67%
1915 - -2.13%
1916 - 0.98%
1917 - 0.49%
1918 - 0.71%
1919 - -2.53%
1920 - -1.8%
1921 - -0.57%
1922 - -0.23%
1923 - 2.87%
1924 - 3.68%
1925 - 2.44%
1926 - -3.23%
1927 - -0.17%
1928 - 4.11%
1929 - 1.89%
1930 - 1.47%
1931 - -2.73%
1932 - -0.32%
1933 - 1.76%
1934 - 2.42%
1935 - 4.23%
1936 - 2.62%
1937 - 1.42%
1938 - 1.25%
1939 - 1.74%
1940 - 2.64%
1941 - 1.9%
1942 - 1.51%
1943 - 0.81%
1944 - 0.25%
1945 - 0.73%
1946 - 0.12%
1947 - -0.2%
1948 - 2.56%
1949 - 1.71%
1950 - -0.92%
1951 - -0.71%
1952 - -1.82%
1953 - -4.05%
1954 - -2.84%
1955 - -2.79%
1956 - -1.3%
1957 - -0.71%
1958 - -0.1%
1959 - 1.56%
1960 - -3.14%
1961 - -2.89%
1962 - -4.31%
1963 - -3.29%
1964 - -2.24%
1965 - -1.64%
1966 - -1.88%
1967 - -0.64%
1968 - -0.79%
1969 - 0.6%
1970 - -1.22%
1971 - -7.98%
1972 - -12.7%
1973 - -7.32%
1974 - -5.79%
1975 - -0.41%
1976 - -0.48%
1977 - -1.11%
1978 - -0.11%
1979 - 4.82%
1980 - 5.41%
1981 - 2.56%
1982 - -1.02%
1983 - -2.67%
1984 - -2.95%
1985 - -2.22%
1986 - -0.92%
1987 - 2.36%
1988 - 4.07%
1989 - 5.31%
1990 3.35% 2.24%
1991 1.53% 1.54%
1992 -1.05% 2.09%
1993 -7.79% 1.41%
1994 -4.05% 1.43%
1995 -1.3% 3.09%
1996 2.7% 2.07%
1997 2.19% 2.04%
1998 -3.52% 0.39%
1999 -1.83% -2.02%
2000 8.91% -0.69%
2001 3.15% -0.49%
2002 0.21% -1.17%
2003 7.22% -0.42%
2004 6.36% 2.05%
2005 11.4% 4.57%
2006 12.9% 7.51%
2007 4.63% 7.95%
2008 7.79% 3.93%
2009 -6.53% -4.26%
2010 -1.35% -0.36%
2011 -1.06% 1.43%
2012 -4.04% 0.68%
2013 -0.79% -0.47%
2014 -7.14% -1.5%
2015 -13.9% -2.09%
2016 -11.8% -2.66%
2017 -7.55% -2.63%
2018 -6.15% -1.48%
2019 -8.51% -2.73%
2020 -10.5% -7.1%
2021 -6.32% -7.53%
2022 -2.96% 1.36%
2023 -5.52% -2.27%
2024 -12.2% -2.74%
2025 -14.4% -2.01%

Inflation comparison by year

Over the past 29 years, Algeria has recorded an average annual inflation rate of 4.93%, compared with 4.01% in Chile. In 2024, inflation was 4.05% in Algeria and 4.3% in Chile.

Inflation
Algeria

Chile
Year Inflation
Algeria Chile Algeria Chile
1996 18.7% 7.36%
1997 5.73% 6.13%
1998 4.95% 5.11%
1999 2.65% 3.34%
2000 0.34% 3.84%
2001 4.23% 3.57%
2002 1.42% 2.49%
2003 4.27% 2.81%
2004 3.96% 1.05%
2005 1.38% 3.05%
2006 2.31% 3.39%
2007 3.68% 4.41%
2008 4.86% 8.72%
2009 5.74% 0.35%
2010 3.91% 1.41%
2011 4.52% 3.34%
2012 8.89% 3.01%
2013 3.25% 1.79%
2014 2.92% 4.72%
2015 4.78% 4.35%
2016 6.4% 3.79%
2017 5.59% 2.18%
2018 4.27% 2.43%
2019 1.95% 2.56%
2020 2.42% 3.05%
2021 7.23% 4.52%
2022 9.27% 11.6%
2023 9.32% 7.58%
2024 4.05% 4.3%

Top exports between countries

Algeria
Export category Export value
Chile
Export category Export value
Raw materials & minerals $14.8M
Raw agricultural goods $6.3M
Chemicals & pharma $227K
Processed food, beverages & tobacco $54K
Wood & paper products $54K
Machinery & equipment $14K
Miscellaneous $12K
Textiles & consumer goods $2K

Balance of trade

Algeria Chile
Current account balance
-$2.75B
2024
-$4.85B
2024
Current account balance ranking
151/189
2024
165/189
2024
Current account balance, % of GDP
-1.04%
2024
-1.47%
2024
Goods imports
$45.3B
2024
$78.1B
2024
Goods exports
$48.8B
2024
$99.2B
2024
Service imports
$9.13B
2024
$21.1B
2024
Service exports
$4.22B
2024
$12B
2024
Imports of goods and services, % of GDP
20.1%
2023
30.1%
2024
Exports of goods and services, % of GDP
23.6%
2023
33.7%
2024

Economic freedom indices

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

Algeria Chile
Economic freedom 47.5 73.2
Economic freedom ranking 176/197 23/197
Property rights 27.6 71.3
Government integrity 29.5 67.9
Judicial effectiveness 29.8 87.8
Tax burden 80.3 72.5
Government spending 64.4 74.4
Fiscal health 58.1 84.2
Business freedom 59.1 79.5
Labor freedom 52.4 61.3
Monetary freedom 70.9 71.8
Trade freedom 57.4 78
Investment freedom 20 60
Financial freedom 20 70

Economic freedom by year comparison

The Economic Freedom Index for Algeria is 47.5, ranking 176/197, compared to 73.2 for Chile, ranking 23/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Algeria
Chile
Year Economic freedom index
Algeria Chile
1995 55.7 71.2
1996 54.5 72.6
1997 54.9 75.9
1998 55.8 74.9
1999 57.2 74.1
2000 56.8 74.7
2001 57.3 75.1
2002 61 77.8
2003 57.7 76
2004 58.1 76.9
2005 53.2 77.8
2006 55.7 78
2007 55.4 77.7
2008 56.2 78.6
2009 56.6 78.3
2010 56.9 77.2
2011 52.4 77.4
2012 51 78.3
2013 49.6 79
2014 50.8 78.7
2015 48.9 78.5
2016 50.1 77.7
2017 46.5 76.5
2018 44.7 75.2
2019 46.2 75.4
2020 46.9 76.8
2021 49.7 75.2
2022 45.8 74.4
2023 43.2 71.1
2024 43.9 71.4
2025 47.5 73.2

More economic indicators

Algeria Chile
Services, % of GDP
45.6%
2023
56.1%
2024
Industry, % of GDP
37.8%
2023
30.1%
2024
Agriculture, forestry, and fishing, % of GDP
13.1%
2023
3.91%
2024
GNI, Atlas method
$249B
2024
$311B
2024
GNI per capita, PPP
$17,220
2024
$32,850
2024
Total reserves including gold
$83B
2024
$44.4B
2024
Total reserves ranking
31/177
2024
45/177
2024
Net foreign direct investment
-$1.23B
2024
-$8.93B
2024
Net inflows of foreign direct investment
$1.23B
2024
$12.5B
2024
Net outflows of foreign direct investment
$265K
2024
$3.59B
2024
Servicing debt to the IMF, % of GNI
0.19%
2023
n/a
Poverty at national poverty lines
5.5%
2011
6.5%
2022
Gross capital formation, % of GDP
37.7%
2023
23.2%
2024

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Algeria vs Chile
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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.