Algeria vs Germany: Economic Indicators Comparison

Germany with a GDP of $3.9T ranked the 4th largest economy in the world, while Algeria ranked 56th with $173.8B. By GDP 5-years average growth and GDP per capita, Germany and Algeria ranked 136th vs 100th and 19th vs 119th, respectively.

Gross Domestic Product & Income

StatAlgeriaGermany
GDP$173.8B$3.9T
GDP growth, 1 year2.1%1.5%
GDP growth, 5-years average2.8%1.9%
Population41.3M83.1M
GDP per capita$4.1k$48k
GDP per capita growth-0.62%1.2%
Purchasing Power Parity conversion factor30.990.76
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.9
GDP per capita, PPP adjusted$15k$53k
GNI, Atlas method$162.3B$3.9T
GNI per capita$3.9k$47k
GNI, PPP adjusted$619.7B$4.5T
GNI per capita, PPP adjusted$15k$55k

Financial system and Human development

StatAlgeriaGermany
Income Tax Rate35%47.5%
Corporate Tax Rate23%15.8%
Inflation, consumer prices4.3%1.9%
Inflation, GDP deflator7.6%1.5%
Unemployment12.2%3.4%
Economic Freedom Index46.973.5
Personal Freedom Index5.359.14
Human Freedom Index5.298.42
Property Rights Index37.980.5
Judical Effectiveness Index3574.3
Business Freedom Index6382.8
Fiscal Health Index17.392.9
Labor Freedom Index50.553
Investment Freedom Index3080
Financial Freedom Index3070
Trade Freedom Index66.286.4
Monetary Freedom Index76.276.7
Government Spending Index52.642.2
Tax Burden Index75.460.9
Government Integrity Index28.382.8
Corruption Perceptions Index3580
Life expectancy at birth, years76.581
Suicide mortality rate, per 100,000 people3.213.6
Mortality caused by road traffic injury, per 100,000 people23.84.1
Intentional homicides, per 100,000 people1.41
International tourism, number of arrivals2.7M38.9M

Government debt & reserves

StatAlgeriaGermany
Central government debt, % of GDP36.9%59.8%
External debt stocks, % of GNI3.2%N/A
External debt stocks$5.7BN/A
Short-term debt, % of total reserves2.7%N/A
Total debt service, % of exports and primary income0.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%14.1%
Gross savings, % of GDP37.8%29.3%
Gross capital formation, % of GDP47.1%21.8%
Total reserves including gold$87.4B$198B
Foreign direct investment net inflows$1.5B$105.3B

Exports, imports and economic structure

StatAlgeriaGermany
Exports of goods and services, % of GDP25.6%47.4%
Imports of goods and services, % of GDP32.3%41.3%
Current account balance (balance of payments)-$22.1B$289.9B
Revenue excluding grants, % of GDPN/A28.5%
Grants excluding technical cooperation, BoP$79.5MN/A
Personal remittances received$1.8B$18B
Industry including construction value added, % of GDP39.6%27.5%
Agriculture, forestry and fishing value added, % of GDP12%0.8%
Charges for the use of intellectual property, payments BoP$147.1M$15.6B
Charges for the use of intellectual property, receipts BoP$138k$24.4B
Expense, % of GDPN/A28.2%
Government Expenditure, % of GDP39.8%43.9%

Compare with countries close by GDP per capita

Algeria vs

CountryGDP
per capita
Population
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M

Germany vs

CountryGDP
per capita
Population
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M