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Algeria vs India: Economic Indicators Comparison

India with a GDP of $2.7T ranked the 7th largest economy in the world, while Algeria ranked 56th with $173.8B. By GDP 5-years average growth and GDP per capita, India and Algeria ranked 6th vs 100th and 150th vs 119th, respectively.

Gross Domestic Product & Income

StatAlgeriaIndia
GDP$173.8B$2.7T
GDP growth, 1 year2.1%7.1%
GDP growth, 5-years average2.8%7.6%
Population41.3M1.3B
GDP per capita$4.1k$2k
GDP per capita growth-0.62%5.71%
Purchasing Power Parity conversion factor30.9918.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.26
GDP per capita, PPP adjusted$15k$7.9k
GNI, Atlas method$162.3B$2.7T
GNI per capita$3.9k$2k
GNI, PPP adjusted$619.7B$10.4T
GNI per capita, PPP adjusted$15k$7.7k

Financial system and Human development

StatAlgeriaIndia
Income Tax Rate35%30.9%
Corporate Tax Rate23%32.4%
Inflation, consumer prices4.3%3.5%
Inflation, GDP deflator7.6%4.1%
Unemployment12.2%2.6%
Economic Freedom Index46.956.5
Personal Freedom Index5.356.96
Human Freedom Index5.296.8
Property Rights Index37.963
Judical Effectiveness Index3564.1
Business Freedom Index6365.6
Fiscal Health Index17.313.1
Labor Freedom Index50.541.2
Investment Freedom Index3040
Financial Freedom Index3040
Trade Freedom Index66.273.4
Monetary Freedom Index76.273
Government Spending Index52.677.9
Tax Burden Index75.479.4
Government Integrity Index28.347.2
Corruption Perceptions Index3541
Life expectancy at birth, years76.569.2
Suicide mortality rate, per 100,000 people3.216.3
Mortality caused by road traffic injury, per 100,000 people23.822.6
Intentional homicides, per 100,000 people1.43.2
International tourism, number of arrivals2.7M17.4M

Government debt & reserves

StatAlgeriaIndia
Central government debt, % of GDP36.9%69.8%
External debt stocks, % of GNI3.2%19.3%
External debt stocks$5.7B$521.4B
Short-term debt, % of total reserves2.7%26.1%
Total debt service, % of exports and primary income0.5%11.4%
Adjusted net savings including particulate emission damage, % of GNI21.2%16.3%
Gross savings, % of GDP37.8%30.9%
Gross capital formation, % of GDP47.1%31.3%
Total reserves including gold$87.4B$399.2B
Foreign direct investment net inflows$1.5B$42.1B

Exports, imports and economic structure

StatAlgeriaIndia
Exports of goods and services, % of GDP25.6%19.7%
Imports of goods and services, % of GDP32.3%23.6%
Current account balance (balance of payments)-$22.1B-$65.6B
Revenue excluding grants, % of GDPN/A12.9%
Grants excluding technical cooperation, BoP$79.5M$689.4M
Personal remittances received$1.8B$78.8B
Industry including construction value added, % of GDP39.6%26.7%
Agriculture, forestry and fishing value added, % of GDP12%14.6%
Charges for the use of intellectual property, payments BoP$147.1M$7.9B
Charges for the use of intellectual property, receipts BoP$138k$784.9M
Expense, % of GDPN/A14.9%
Government Expenditure, % of GDP39.8%27.1%

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

India vs

CountryGDP
per capita
Population
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M