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Economy of Algeria vs Haiti compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $25.2B for Haiti, ranking 51/197 and 117/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Algeria vs Haiti GDP by year

Algeria
Haiti
1x
Year GDP, current $
Algeria Haiti
2024 $269,322,281,665 $25,224,154,991
2023 $247,923,887,215 $19,850,585,722
2022 $225,581,644,703 $20,253,551,921
2021 $186,231,205,262 $20,944,387,976
2020 $164,873,415,325 $14,508,222,518
2019 $193,459,662,091 $15,016,090,930
2018 $194,554,483,656 $16,403,864,618
2017 $189,880,896,903 $15,093,357,161
2016 $180,763,839,522 $14,069,277,526
2015 $187,493,855,609 $14,849,629,309
2014 $238,942,664,193 $15,146,883,498
2013 $229,701,430,292 $14,902,488,604
2012 $227,143,746,076 $13,708,925,477
2011 $218,331,946,925 $13,008,746,039
2010 $177,785,053,940 $11,859,312,725
2009 $150,317,292,079 $11,597,002,835
2008 $180,383,848,331 $10,432,962,635
2007 $142,482,739,810 $9,228,637,768
2006 $123,084,258,693 $7,638,739,123
2005 $107,046,618,670 $7,030,149,730
2004 $91,913,680,985 $6,087,360,684
2003 $73,482,264,191 $5,071,947,798
2002 $61,516,103,406 $6,205,847,214
2001 $59,413,400,924 $6,331,970,324
2000 $54,790,398,570 $6,813,566,099
1999 $48,640,671,735 $4,153,725,884
1998 $48,187,781,984 $3,723,903,724
1997 $48,177,612,042 $3,338,949,152
1996 $46,941,554,225 $2,907,517,604
1995 $41,764,291,672 $2,813,313,279
1994 $42,543,176,829 $2,167,569,046
1993 $49,945,584,453 $1,878,253,767
1992 $48,003,133,347 $2,257,129,792
1991 $45,715,676,428 $3,473,562,628
1990 $62,048,507,531 $3,096,289,800
1989 $55,634,721,573 $2,736,243,800
1988 $59,089,396,860 $2,613,926,800
1987 $66,745,818,375 $2,047,200,000
1986 $63,692,007,897 $2,318,000,000
1985 $57,937,868,670 $2,009,400,000
1984 $53,698,548,293 $1,816,200,000
1983 $48,801,369,800 $1,623,600,000
1982 $45,207,167,470 $1,474,200,000
1981 $44,348,590,461 $1,479,400,000
1980 $42,345,829,079 $1,383,800,000
1979 $33,243,706,860 $1,080,600,000
1978 $26,364,491,313 $974,200,000
1977 $20,972,113,685 $947,000,000
1976 $17,728,240,932 $879,000,000
1975 $15,557,902,754 $681,400,000
1974 $13,209,871,626 $565,399,322
1973 $8,707,858,912 $466,798,973
1972 $6,766,743,957 $371,998,958
1971 $5,077,183,094 $362,800,000
1970 $4,863,526,897 $331,200,000
1969 $4,257,253,264 $391,820,400
1968 $3,852,147,027 $367,968,800
1967 $3,370,870,376 $369,124,200
1966 $3,039,859,187 $368,948,600
1965 $3,136,284,307 $353,251,800
1964 $2,909,316,435 $325,281,200
1963 $2,702,982,018 $294,883,400
1962 $2,001,444,544 $281,896,800
1961 $2,434,747,056 $271,066,000
1960 $2,723,615,451 $273,187,200

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

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

GDP per capita in Algeria vs Haiti by year

Algeria
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $2,143 $3,194
2023 $5,370 $16,824 $1,706 $3,292
2022 $4,960 $15,836 $1,761 $3,275
2021 $4,161 $14,497 $1,841 $3,145
2020 $3,744 $12,677 $1,290 $3,103
2019 $4,468 $13,893 $1,352 $3,237
2018 $4,577 $13,727 $1,496 $3,197
2017 $4,555 $13,494 $1,395 $3,339
2016 $4,425 $13,438 $1,318 $3,253
2015 $4,685 $13,807 $1,411 $3,026
2014 $6,095 $14,694 $1,460 $3,076
2013 $5,980 $14,371 $1,458 $3,042
2012 $6,034 $14,441 $1,361 $2,830
2011 $5,916 $14,640 $1,312 $2,858
2010 $4,913 $14,201 $1,210 $2,695
2009 $4,235 $13,651 $1,197 $2,855
2008 $5,181 $13,666 $1,095 $2,724
2007 $4,167 $13,321 $985 $2,647
2006 $3,661 $12,791 $829 $2,504
2005 $3,233 $12,246 $776 $2,427
2004 $2,817 $11,432 $683 $2,322
2003 $2,284 $10,803 $579 $2,331
2002 $1,937 $10,080 $721 $2,248
2001 $1,896 $9,544 $749 $2,230
2000 $1,773 $9,187 $821 $2,229
1999 $1,596 $8,776 $510 $2,201
1998 $1,603 $8,503 $465 $2,152
1997 $1,629 $8,129 $425 $2,122
1996 $1,617 $8,053 $377 $2,070
1995 $1,467 $7,747 $372 $1,989
1994 $1,526 $7,463 $292.1 $1,807
1993 $1,831 $7,538 $258.1 $2,048
1992 $1,803 $7,705 $316 $2,158
1991 $1,759 $7,582 $497 $2,273
1990 $2,445 $7,602 $452 $2,202
1989 $2,247 - $407 -
1988 $2,451 - $397 -
1987 $2,847 - $318 -
1986 $2,800 - $367 -
1985 $2,633 - $325 -
1984 $2,524 - $299.2 -
1983 $2,374 - $272.8 -
1982 $2,275 - $252.6 -
1981 $2,307 - $258.5 -
1980 $2,276 - $246.5 -
1979 $1,843 - $196.2 -
1978 $1,506 - $180.3 -
1977 $1,232 - $178.7 -
1976 $1,080 - $169.1 -
1975 $992 - $133.6 -
1974 $873 - $113 -
1973 $590 - $95.1 -
1972 $469 - $77.3 -
1971 $360 - $76.8 -
1970 $353 - $71.5 -
1969 $316 - $86.1 -
1968 $292.4 - $82.4 -
1967 $261.8 - $84.2 -
1966 $241.4 - $85.7 -
1965 $253.6 - $83.6 -
1964 $238.9 - $78.5 -
1963 $225.6 - $72.4 -
1962 $169.6 - $70.4 -
1961 $209.4 - $69 -
1960 $238.4 - $70.8 -

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

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Haiti ranks 177th at $3,194.

Economic indicators

Algeria Haiti
Gross domestic product
$269B
2024
$25.2B
2024
GDP rank
51/197
2024
117/197
2024
GDP growth
3.7%
2023-2024
-4.17%
2023-2024
GDP per capita
$5,753
2024
$2,143
2024
GDP per capita rank
114/197
2024
153/197
2024
GDP per capita, PPP
$17,621
2024
$3,194
2024
GDP per capita PPP rank
105/197
2024
177/197
2024
Government debt
$129B
2024
$3.91B
2024
Debt-to-GDP ratio
48.1%
2024
15.5%
2024
Government debt per person
$2,765
2024
$332
2024
Government debt per person rank
106/185
2024
176/185
2024
Average annual personal income after taxes
$3,787
2026
$1,896
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
31.2%
2012
Income share by poorest 10%
4%
2011
2.1%
2012
Government expenditure, % of GDP
36.8%
2024
5.25%
2024
Consumer prices inflation
4.05%
2023-2024
26.9%
2023-2024
Central bank interest rate
3%
2020
n/a
Unemployment rate
12%
2017
14.1%
2012
Population
48222325
12076663

Spending and national debt comparison by year

Algeria
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Algeria Haiti
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 5.25% 15.5%
2023 37.4% 47.7% 6.46% 28.5%
2022 32.7% 48.1% 8.33% 29.5%
2021 32.5% 55.1% 9.42% 28.9%
2020 37.5% 46% 9.86% 22.3%
2019 37.1% 40.9% 9.59% 26.5%
2018 36.2% 34.5% 11.3% 24.1%
2017 36.2% 24% 10.2% 22.5%
2016 37.2% 18.1% 10.5% 24.4%
2015 40.9% 7.73% 12.7% 23.9%
2014 36.9% 6.85% 14.6% 21.4%
2013 33.5% 6.48% 15.9% 25.1%
2012 40% 8.58% 16.4% 24.1%
2011 37.7% 8.48% 14.1% 22.3%
2010 35.1% 9.51% 12.6% 24.9%
2009 40.1% 8.92% 11.6% 19.4%
2008 37.3% 7.64% 11.2% 33.9%
2007 33.1% 12.8% 11.1% 24.4%
2006 27.8% 22.5% 9.67% 32.2%
2005 27.8% 25.4% 8.75% 29.7%
2004 27.1% 32.7% 7.38% 30.4%
2003 27% 38.2% 7.83% 37.8%
2002 32.5% 47.3% 6.64% 32%
2001 29.1% 50% 6.11% 28.8%
2000 26.4% 53.4% 6.25% 32.5%
1999 29.4% 69.7% 6.91% 24.1%
1998 28.7% 79.9% 5.4% 24%
1997 28.5% 79.6% 5.46% 26.2%
1996 26.9% 90.7% - 26.2%
1995 28.9% 95.9% - 26.2%
1994 30.9% 106.3% - 35.3%
1993 32.6% 76.8% - 98%
1992 28.2% 69.3% - 118.9%
1991 27.6% 86.1% - 80.7%
1990 23.3% 63.6% - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 15.5% in Haiti, ranking 113/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Haiti
1x
Year Deficit/surplus, % of GDP
Algeria Haiti
2024 -13.8% 6.96%
2023 -5.52% 0.77%
2022 -2.96% -1.75%
2021 -6.32% -2.45%
2020 -10.5% -1.96%
2019 -8.51% -1.99%
2018 -6.15% -1.13%
2017 -7.55% -0.32%
2016 -11.8% 0.12%
2015 -13.9% -1.47%
2014 -7.14% -3.64%
2013 -0.79% -3.98%
2012 -4.04% -2.71%
2011 -1.06% -1.43%
2010 -1.35% -1.5%
2009 -6.53% -2%
2008 7.79% -1.8%
2007 4.63% -1.55%
2006 12.9% -0.91%
2005 11.4% -0.83%
2004 6.36% -1.34%
2003 7.22% -2.24%
2002 0.21% -1.8%
2001 3.15% -1.55%
2000 8.91% -1.36%
1999 -1.83% -1.54%
1998 -3.52% 0.21%
1997 2.19% 0.37%
1996 2.7% -
1995 -1.3% -
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/algeria/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Haiti ran a deficit in 23 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Algeria

Haiti
1x
Year Consumer prices inflation
Algeria Haiti
2024 4.05% 26.9%
2023 9.32% 36.8%
2022 9.27% 34%
2021 7.23% 16.8%
2020 2.42% 22.8%
2019 1.95% 18.7%
2018 4.27% 12.5%
2017 5.59% 10.7%
2016 6.4% 11.5%
2015 4.78% 6.73%
2014 2.92% 3.44%
2013 3.25% 4.77%
2012 8.89% 5.02%
2011 4.52% 6.33%
2010 3.91% 4.83%
2009 5.74% 0.39%
2008 4.86% 15.3%
2007 3.68% 6.56%
2006 2.31% 11.3%
2005 1.38% 14%
2004 3.96% 21%
2003 4.27% 28.7%
2002 1.42% 7.03%
2001 4.23% 13.3%
2000 0.34% 9.33%
1999 2.65% 3%
1998 4.95% 5.27%
1997 5.73% 20.6%

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

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

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 13.5% in Haiti. In 2024, inflation was 4.05% in Algeria and 26.9% in Haiti.

Top exports between countries

Algeria
Export category Export value
Haiti
Export category Export value
Machinery & equipment $1K

Balance of trade

Algeria Haiti
Current account balance
-$2.75B
2024
-$145M
2024
Current account balance ranking
154/190
2024
92/190
2024
Current account balance, % of GDP
-1.02%
2024
-0.58%
2024
Goods imports
$45.3B
2024
$4.27B
2024
Goods exports
$48.8B
2024
$767M
2024
Service imports
$9.13B
2024
$518M
2024
Service exports
$4.22B
2024
$96.6M
2024
Imports of goods and services, % of GDP
20.3%
2024
18.8%
2024
Exports of goods and services, % of GDP
19.9%
2024
3.4%
2024

Economic freedom indices

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

Algeria Haiti
Economic freedom 45.8 46.1
Economic freedom ranking 179/197 178/197
Property rights 27.7 6.6
Government integrity 29.4 13
Judicial effectiveness 30 17.3
Tax burden 80.3 81.7
Government spending 61.9 98.7
Fiscal health 15.4 99.5
Business freedom 59.3 30.7
Labor freedom 52.2 54.7
Monetary freedom 74.7 45.1
Trade freedom 58.8 66.4
Investment freedom 30 20
Financial freedom 30 20

Economic freedom comparison by year

Algeria
Haiti
1x
Year Economic freedom index
Algeria Haiti
2026 45.8 46.1
2025 47.5 46.1
2024 43.9 48.2
2023 43.2 49.9
2022 45.8 50
2021 49.7 50.8
2020 46.9 52.3
2019 46.2 52.7
2018 44.7 55.8
2017 46.5 49.6
2016 50.1 51.3
2015 48.9 51.3
2014 50.8 48.9
2013 49.6 48.1
2012 51 50.7
2011 52.4 52.1
2010 56.9 50.8
2009 56.6 50.5
2008 56.2 49
2007 55.4 51.4
2006 55.7 49.2
2005 53.2 48.4
2004 58.1 51.2
2003 57.7 50.6
2002 61 47.9
2001 57.3 47.1
2000 56.8 45.7
1999 57.2 45.9
1998 55.8 45.7
1997 54.9 45.8
1996 54.5 41
1995 55.7 43

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Haiti
Services, % of GDP
46.8%
2024
48.3%
2024
Industry, % of GDP
36.2%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
15.9%
2024
GNI, Atlas method
$252B
2024
$20.7B
2024
GNI per capita, PPP
$17,290
2024
$3,190
2024
Total reserves including gold
$83B
2024
$2.72B
2024
Total reserves ranking
31/177
2024
121/177
2024
Net foreign direct investment
-$1.23B
2024
-$20M
2024
Net inflows of foreign direct investment
$1.23B
2024
$20M
2024
Net outflows of foreign direct investment
$265K
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
2.15%
2024
Poverty at national poverty lines
5.5%
2011
58.5%
2012
Gross capital formation, % of GDP
41.1%
2024
9.94%
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/haiti | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2017, retrieved 2026-02-08)

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.