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Economy of Algeria vs Ecuador compared: GDP & Debt

Updated on by Georank

Algeria has a GDP of $287B compared to $130B for Ecuador, ranking 51/197 and 64/197 by economy size, respectively.

Algeria has $155B in government debt (54.1% of GDP), compared to $70.9B (54.4% of GDP) in Ecuador.

Algeria vs Ecuador GDP by year

Algeria
Ecuador
1x
Year GDP, current $
Algeria Ecuador
2025 $287,031,225,988 $130,320,560,400
2024 $269,322,281,665 $123,802,374,000
2023 $247,923,887,215 $120,792,801,000
2022 $225,581,644,703 $116,133,121,000
2021 $186,231,205,262 $107,179,074,000
2020 $164,873,415,325 $95,865,473,000
2019 $193,459,662,091 $107,595,830,000
2018 $194,554,483,656 $107,478,961,000
2017 $189,880,896,903 $104,467,486,000
2016 $180,763,839,522 $97,671,433,000
2015 $187,493,855,609 $97,209,558,000
2014 $238,942,664,193 $102,717,794,000
2013 $229,701,430,292 $96,570,334,000
2012 $227,143,746,076 $87,735,048,000
2011 $218,331,946,925 $78,986,648,000
2010 $177,785,053,940 $68,151,329,000
2009 $150,317,292,079 $60,094,978,000
2008 $180,383,848,331 $61,139,438,000
2007 $142,482,739,810 $49,848,725,000
2006 $123,084,258,693 $45,690,762,000
2005 $107,046,618,670 $40,278,849,000
2004 $91,913,680,985 $35,194,947,000
2003 $73,482,264,191 $30,965,208,000
2002 $61,516,103,406 $27,054,197,000
2001 $59,413,400,924 $23,127,055,000
2000 $54,790,398,570 $17,539,454,727
1999 $48,640,671,735 $19,645,272,636
1998 $48,187,781,984 $27,981,896,948
1997 $48,177,612,042 $28,162,053,027
1996 $46,941,554,225 $25,226,393,197
1995 $41,764,291,672 $24,432,884,442
1994 $42,543,176,829 $22,708,673,337
1993 $49,945,584,453 $18,938,717,359
1992 $48,003,133,347 $18,094,238,119
1991 $45,715,676,428 $16,988,535,268
1990 $62,048,507,531 $15,239,272,612
1989 $55,634,721,573 $13,890,823,705
1988 $59,089,396,860 $13,051,881,851
1987 $66,745,818,375 $13,945,426,859
1986 $63,692,007,897 $15,314,138,472
1985 $57,937,868,670 $17,149,088,413
1984 $53,698,548,293 $16,912,509,092
1983 $48,801,369,800 $17,152,477,037
1982 $45,207,167,470 $19,929,846,396
1981 $44,348,590,461 $21,810,759,354
1980 $42,345,829,079 $17,881,508,242
1979 $33,243,706,860 $14,175,160,902
1978 $26,364,491,313 $11,922,497,876
1977 $20,972,113,685 $11,026,342,618
1976 $17,728,240,932 $9,091,921,030
1975 $15,557,902,754 $7,731,674,472
1974 $13,209,871,626 $6,599,257,044
1973 $8,707,858,912 $3,891,754,150
1972 $6,766,743,957 $3,185,986,087
1971 $5,077,183,094 $2,754,219,271
1970 $4,863,526,897 $2,862,503,139
1969 $4,257,253,264 $3,112,165,727
1968 $3,852,147,027 $2,582,179,864
1967 $3,370,870,376 $2,553,595,172
1966 $3,039,859,187 $2,429,308,639
1965 $3,136,284,307 $2,387,047,396
1964 $2,909,316,435 $2,244,146,103
1963 $2,702,982,018 $1,824,343,871
1962 $2,001,444,544 $1,518,207,703
1961 $2,434,747,056 $1,753,850,955
1960 $2,723,615,451 $2,069,464,937

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Algeria vs Ecuador by year

Algeria
GDP per capita

GDP per capita, PPP
Ecuador
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Ecuador
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,051 - $7,125 -
2024 $5,753 $17,621 $6,827 $15,840
2023 $5,370 $16,824 $6,718 $15,919
2022 $4,960 $15,836 $6,516 $15,198
2021 $4,161 $14,497 $6,061 $13,507
2020 $3,744 $12,677 $5,464 $11,527
2019 $4,468 $13,893 $6,205 $12,543
2018 $4,577 $13,727 $6,304 $12,187
2017 $4,555 $13,494 $6,233 $11,793
2016 $4,425 $13,438 $5,918 $10,881
2015 $4,685 $13,807 $5,976 $10,878
2014 $6,095 $14,694 $6,406 $11,836
2013 $5,980 $14,371 $6,109 $11,296
2012 $6,034 $14,441 $5,634 $10,245
2011 $5,916 $14,640 $5,154 $9,769
2010 $4,913 $14,201 $4,520 $8,969
2009 $4,235 $13,651 $4,053 $8,662
2008 $5,181 $13,666 $4,195 $8,663
2007 $4,167 $13,321 $3,479 $8,112
2006 $3,661 $12,791 $3,244 $7,885
2005 $3,233 $12,246 $2,909 $7,457
2004 $2,817 $11,432 $2,586 $6,980
2003 $2,284 $10,803 $2,316 $6,475
2002 $1,937 $10,080 $2,059 $6,282
2001 $1,896 $9,544 $1,791 $5,999
2000 $1,773 $9,187 $1,382 $5,728
1999 $1,596 $8,776 $1,575 $5,638
1998 $1,603 $8,503 $2,284 $5,940
1997 $1,629 $8,129 $2,341 $5,793
1996 $1,617 $8,053 $2,136 $5,560
1995 $1,467 $7,747 $2,108 $5,469
1994 $1,526 $7,463 $1,997 $5,339
1993 $1,831 $7,538 $1,698 $5,112
1992 $1,803 $7,705 $1,655 $4,998
1991 $1,759 $7,582 $1,587 $4,887
1990 $2,445 $7,602 $1,455 $4,632
1989 $2,247 - $1,356 -
1988 $2,451 - $1,304 -
1987 $2,847 - $1,426 -
1986 $2,800 - $1,604 -
1985 $2,633 - $1,842 -
1984 $2,524 - $1,864 -
1983 $2,374 - $1,940 -
1982 $2,275 - $2,314 -
1981 $2,307 - $2,601 -
1980 $2,276 - $2,190 -
1979 $1,843 - $1,783 -
1978 $1,506 - $1,541 -
1977 $1,232 - $1,465 -
1976 $1,080 - $1,242 -
1975 $992 - $1,086 -
1974 $873 - $954 -
1973 $590 - $579 -
1972 $469 - $488 -
1971 $360 - $434 -
1970 $353 - $465 -
1969 $316 - $521 -
1968 $292.4 - $445 -
1967 $261.8 - $454 -
1966 $241.4 - $445 -
1965 $253.6 - $450 -
1964 $238.9 - $436 -
1963 $225.6 - $365 -
1962 $169.6 - $312 -
1961 $209.4 - $371 -
1960 $238.4 - $451 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Algeria's GDP per capita is $6,051, ranking 114/197, compared to $7,125 in Ecuador, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Ecuador ranks 110th at $15,840.

Economic indicators

Algeria Ecuador
Gross domestic product
$287B
2025
$130B
2025
GDP rank
51/197
2025
64/197
2025
GDP growth
3.82%
2024-2025
3.73%
2024-2025
GDP per capita
$6,051
2025
$7,125
2025
GDP per capita rank
114/197
2025
102/197
2025
GDP per capita, PPP
$17,621
2024
$15,840
2024
GDP per capita PPP rank
105/197
2024
110/197
2024
Government debt
$155B
2025
$70.9B
2025
Debt-to-GDP ratio
54.1%
2025
54.4%
2025
Government debt per person
$3,274
2025
$3,877
2025
Government debt per person rank
100/185
2025
94/185
2025
Average annual personal income after taxes
$3,755
2026
$6,605
2026
Market capitalization of domestic companies
$371M
2018
$747M
2000
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.9%
2011
35.1%
2025
Income share by poorest 10%
4%
2011
1.7%
2025
Government expenditure, % of GDP
36.2%
2025
38.4%
2025
Consumer prices inflation
1.42%
2024-2025
0.71%
2024-2025
Central bank interest rate
3%
2020
n/a
Unemployment rate
11.7%
2017
3.23%
2025
Population
48345858
18524711

Spending and national debt comparison by year

Algeria
Spending

Debt
Ecuador
Spending

Debt
1x
Year % of GDP
Algeria Ecuador
Government spending Government debt Government spending Government debt
2025 36.2% 54.1% 38.4% 54.4%
2024 36.8% 48.1% 38.3% 54.1%
2023 37.4% 47.7% 39.6% 54.5%
2022 32.7% 48.1% 38.9% 57.2%
2021 32.5% 55.1% 37.5% 61.8%
2020 37.5% 46% 40.2% 63.6%
2019 37.1% 40.9% 39.8% 52.1%
2018 36.2% 34.5% 40.9% 49.5%
2017 36.2% 24% 40.5% 47.4%
2016 37.2% 18.1% 44.1% 46.1%
2015 40.9% 7.73% 44.1% 36.4%
2014 36.9% 6.85% 45.9% 28.2%
2013 33.5% 6.48% 46.7% 23.4%
2012 40% 8.58% 43.2% 19.3%
2011 37.7% 8.48% 39.6% 18.6%
2010 35.1% 9.51% 35.4% 18.4%
2009 40.1% 8.92% 34.3% 19.7%
2008 37.3% 7.64% 35.6% 24.9%
2007 33.1% 12.8% 24.7% 29.6%
2006 27.8% 22.5% 21.7% 33.1%
2005 27.8% 25.4% 22% 35.8%
2004 27.1% 32.7% 21.3% 40.2%
2003 27% 38.2% 21.3% 47.2%
2002 32.5% 47.3% 22.8% 55%
2001 29.1% 50% 21.4% 63.8%
2000 26.4% 53.4% 24.3% 92.2%
1999 29.4% 69.7% 24.1% 105.2%
1998 28.7% 79.9% 21.5% 70.3%
1997 28.5% 79.6% 22% 61.5%
1996 26.9% 90.7% 22.7% 69.3%
1995 28.9% 95.9% 22% 70.5%
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 (1990–2000, retrieved 2026-07-08).

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

In 2025, Algeria's government spending was $104B, accounting for 36.2% of its GDP, while Ecuador spent $50B, or 38.4% of GDP.

Debt-to-GDP ratio is 54.1% in Algeria and 54.4% in Ecuador, ranking 94/185 and 92/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Ecuador
1x
Year Deficit/surplus, % of GDP
Algeria Ecuador
2025 -10.2% -2.88%
2024 -13.8% -1.28%
2023 -5.52% -3.49%
2022 -2.96% 0.04%
2021 -6.32% -1.59%
2020 -10.5% -7.38%
2019 -8.51% -3.47%
2018 -6.15% -2.8%
2017 -7.55% -5.77%
2016 -11.8% -10.3%
2015 -13.9% -6.87%
2014 -7.14% -8.11%
2013 -0.79% -8.17%
2012 -4.04% -2.83%
2011 -1.06% -0.13%
2010 -1.35% -1.39%
2009 -6.53% -3.71%
2008 7.79% 0.57%
2007 4.63% 2.66%
2006 12.9% 2.92%
2005 11.4% 0.66%
2004 6.36% 1.94%
2003 7.22% 1.05%
2002 0.21% 0.74%
2001 3.15% 0.03%
2000 8.91% -0.32%
1999 -1.83% -4.82%
1998 -3.52% -5.1%
1997 2.19% -2.83%
1996 2.7% -3.44%
1995 -1.3% -2.02%
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/algeria/ecuador | 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 Ecuador's deficit of $3.76B, or 2.88% of GDP.

Over the past 31 years, Algeria recorded a fiscal deficit in 20 of those years, while Ecuador ran a deficit in 22 years. On average, Algeria posted an annual deficit equal to 1.85% of GDP, compared to deficit of 2.52% of GDP for Ecuador.

Inflation comparison by year

Inflation
Algeria

Ecuador
1x
Year Consumer prices inflation
Algeria Ecuador
2025 1.42% 0.71%
2024 4.05% 1.55%
2023 9.32% 2.22%
2022 9.27% 3.47%
2021 7.23% 0.13%
2020 2.42% -0.34%
2019 1.95% 0.27%
2018 4.27% -0.22%
2017 5.59% 0.42%
2016 6.4% 1.73%
2015 4.78% 3.97%
2014 2.92% 3.59%
2013 3.25% 2.72%
2012 8.89% 5.1%
2011 4.52% 4.47%
2010 3.91% 3.55%
2009 5.74% 5.16%
2008 4.86% 8.4%
2007 3.68% 2.28%
2006 2.31% 3.3%
2005 1.38% 2.17%
2004 3.96% 2.74%
2003 4.27% 7.93%
2002 1.42% 12.5%
2001 4.23% 37.7%
2000 0.34% 96.1%
1999 2.65% 52.2%
1998 4.95% 36.1%
1997 5.73% 30.7%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Algeria has recorded an average annual inflation rate of 4.33%, compared with 11.4% in Ecuador. In 2025, inflation was 1.42% in Algeria and 0.71% in Ecuador.

Top exports between countries

Algeria
Export category Export value
Raw agricultural goods $195K
Machinery & equipment $14K
Textiles & consumer goods $2K
Metals $1K
Ecuador
Export category Export value
Processed food, beverages & tobacco $7.12M
Raw agricultural goods $1.95M
Metals $682K
Machinery & equipment $510K
Animal & marine products $63K
Raw materials & minerals $27K
Wood & paper products $8K
Chemicals & pharma $7K
Textiles & consumer goods $3K

Balance of trade

Algeria Ecuador
Current account balance
-$2.75B
2024
$7.7B
2025
Current account balance ranking
151/190
2024
28/190
2025
Current account balance, % of GDP
-1.02%
2024
+5.91%
2025
Goods imports
$45.3B
2024
$31.1B
2025
Goods exports
$48.8B
2024
$37.4B
2025
Service imports
$9.13B
2024
$6.22B
2025
Service exports
$4.22B
2024
$4.14B
2025
Imports of goods and services, % of GDP
22.1%
2025
27.9%
2025
Exports of goods and services, % of GDP
16.8%
2025
31.4%
2025

Economic freedom indices

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

Algeria Ecuador
Economic freedom 45.8 55.6
Economic freedom ranking 179/197 127/197
Property rights 27.7 33.2
Government integrity 29.4 33
Judicial effectiveness 30 48.1
Tax burden 80.3 74.2
Government spending 61.9 54.9
Fiscal health 15.4 90.3
Business freedom 59.3 64.3
Labor freedom 52.2 56.9
Monetary freedom 74.7 76.3
Trade freedom 58.8 66.4
Investment freedom 30 30
Financial freedom 30 40

Economic freedom comparison by year

Algeria
Ecuador
1x
Year Economic freedom index
Algeria Ecuador
2026 45.8 55.6
2025 47.5 55.8
2024 43.9 55
2023 43.2 55
2022 45.8 54.3
2021 49.7 52.4
2020 46.9 51.3
2019 46.2 46.9
2018 44.7 48.5
2017 46.5 49.3
2016 50.1 48.6
2015 48.9 49.2
2014 50.8 48
2013 49.6 46.9
2012 51 48.3
2011 52.4 47.1
2010 56.9 49.3
2009 56.6 52.5
2008 56.2 55.2
2007 55.4 55.3
2006 55.7 54.6
2005 53.2 52.9
2004 58.1 54.4
2003 57.7 54.1
2002 61 53.1
2001 57.3 55.1
2000 56.8 59.8
1999 57.2 62.9
1998 55.8 62.8
1997 54.9 61
1996 54.5 60.1
1995 55.7 57.7

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 55.6 for Ecuador, ranking 127/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Ecuador
Services, % of GDP
45.7%
2025
57%
2025
Industry, % of GDP
34.8%
2025
25.7%
2025
Agriculture, forestry, and fishing, % of GDP
14.5%
2025
9.7%
2025
GNI, Atlas method
$278B
2025
$126B
2025
GNI per capita, PPP
$18,240
2025
$16,290
2025
Total reserves including gold
$72.5B
2025
$9.8B
2025
Total reserves ranking
38/177
2025
79/177
2025
Net foreign direct investment
-$1.23B
2024
-$1.3B
2025
Net inflows of foreign direct investment
$1.23B
2024
$446M
2024
Net outflows of foreign direct investment
$265K
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
7.05%
2024
Poverty at national poverty lines
5.5%
2011
21.4%
2025
Gross capital formation, % of GDP
45.3%
2025
20.9%
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/ecuador | 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2017–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2000, 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.