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Economy of Algeria vs Indonesia compared: GDP & Debt

Updated on by Georank

Algeria has a GDP of $287B compared to $1.45T for Indonesia, ranking 51/197 and 17/197 by economy size, respectively.

Algeria has $155B in government debt (54.1% of GDP), compared to $593B (41% of GDP) in Indonesia.

Algeria vs Indonesia GDP by year

Algeria
Indonesia
1x
Year GDP, current $
Algeria Indonesia
2025 $287,031,225,988 $1,445,642,584,164
2024 $269,322,281,665 $1,396,301,788,462
2023 $247,923,887,215 $1,371,166,925,750
2022 $225,581,644,703 $1,319,101,183,380
2021 $186,231,205,262 $1,186,509,691,087
2020 $164,873,415,325 $1,059,054,842,698
2019 $193,459,662,091 $1,119,099,871,350
2018 $194,554,483,656 $1,042,271,532,989
2017 $189,880,896,903 $1,015,618,744,160
2016 $180,763,839,522 $931,877,364,038
2015 $187,493,855,609 $860,854,232,686
2014 $238,942,664,193 $890,814,755,534
2013 $229,701,430,292 $912,524,136,718
2012 $227,143,746,076 $917,869,913,333
2011 $218,331,946,925 $892,969,104,563
2010 $177,785,053,940 $755,094,157,622
2009 $150,317,292,079 $539,580,085,612
2008 $180,383,848,331 $510,228,634,992
2007 $142,482,739,810 $432,216,737,775
2006 $123,084,258,693 $364,570,515,618
2005 $107,046,618,670 $285,868,619,196
2004 $91,913,680,985 $256,836,875,295
2003 $73,482,264,191 $234,772,463,824
2002 $61,516,103,406 $195,660,611,165
2001 $59,413,400,924 $160,446,947,785
2000 $54,790,398,570 $165,021,012,078
1999 $48,640,671,735 $140,001,351,215
1998 $48,187,781,984 $95,445,547,873
1997 $48,177,612,042 $215,748,998,610
1996 $46,941,554,225 $227,369,679,375
1995 $41,764,291,672 $202,132,028,723
1994 $42,543,176,829 $176,892,143,932
1993 $49,945,584,453 $158,006,700,302
1992 $48,003,133,347 $128,026,966,580
1991 $45,715,676,428 $116,621,996,217
1990 $62,048,507,531 $106,140,727,334
1989 $55,634,721,573 $94,451,427,877
1988 $59,089,396,860 $84,300,174,486
1987 $66,745,818,375 $75,929,617,558
1986 $63,692,007,897 $79,954,072,545
1985 $57,937,868,670 $85,289,488,375
1984 $53,698,548,293 $84,853,700,028
1983 $48,801,369,800 $81,052,283,384
1982 $45,207,167,470 $90,158,449,295
1981 $44,348,590,461 $85,518,233,419
1980 $42,345,829,079 $72,482,337,397
1979 $33,243,706,860 $51,400,186,343
1978 $26,364,491,313 $51,455,719,076
1977 $20,972,113,685 $45,808,915,663
1976 $17,728,240,932 $37,269,156,627
1975 $15,557,902,754 $30,463,855,422
1974 $13,209,871,626 $25,802,409,639
1973 $8,707,858,912 $16,273,253,012
1972 $6,766,743,957 $10,997,590,361
1971 $5,077,183,094 $9,333,536,370
1970 $4,863,526,897 $9,150,684,932
1969 $4,257,253,264 $8,337,423,313
1968 $3,852,147,027 $7,076,465,300
1967 $3,370,870,376 $5,667,756,628
1966 $3,039,859,187 -
1965 $3,136,284,307 -
1964 $2,909,316,435 -
1963 $2,702,982,018 -
1962 $2,001,444,544 -
1961 $2,434,747,056 -
1960 $2,723,615,451 -

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

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

GDP per capita in Algeria vs Indonesia by year

Algeria
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,051 - $5,060 -
2024 $5,753 $17,621 $4,925 $16,448
2023 $5,370 $16,824 $4,876 $15,416
2022 $4,960 $15,836 $4,731 $14,285
2021 $4,161 $14,497 $4,287 $12,757
2020 $3,744 $12,677 $3,854 $11,729
2019 $4,468 $13,893 $4,107 $11,986
2018 $4,577 $13,727 $3,861 $11,372
2017 $4,555 $13,494 $3,799 $10,688
2016 $4,425 $13,438 $3,521 $10,263
2015 $4,685 $13,807 $3,288 $10,028
2014 $6,095 $14,694 $3,441 $10,065
2013 $5,980 $14,371 $3,567 $9,866
2012 $6,034 $14,441 $3,632 $9,530
2011 $5,916 $14,640 $3,579 $8,937
2010 $4,913 $14,201 $3,066 $8,353
2009 $4,235 $13,651 $2,218 $7,868
2008 $5,181 $13,666 $2,125 $7,569
2007 $4,167 $13,321 $1,823 $7,096
2006 $3,661 $12,791 $1,558 $6,583
2005 $3,233 $12,246 $1,238 $6,134
2004 $2,817 $11,432 $1,127 $5,700
2003 $2,284 $10,803 $1,043 $5,353
2002 $1,937 $10,080 $881 $5,076
2001 $1,896 $9,544 $732 $4,849
2000 $1,773 $9,187 $764 $4,639
1999 $1,596 $8,776 $657 $4,386
1998 $1,603 $8,503 $455 $4,356
1997 $1,629 $8,129 $1,045 $5,037
1996 $1,617 $8,053 $1,119 $4,807
1995 $1,467 $7,747 $1,011 $4,451
1994 $1,526 $7,463 $900 $4,096
1993 $1,831 $7,538 $817 $3,793
1992 $1,803 $7,705 $674 $3,538
1991 $1,759 $7,582 $624 $3,305
1990 $2,445 $7,602 $578 $3,044
1989 $2,247 - $524 -
1988 $2,451 - $477 -
1987 $2,847 - $438 -
1986 $2,800 - $470 -
1985 $2,633 - $511 -
1984 $2,524 - $520 -
1983 $2,374 - $508 -
1982 $2,275 - $578 -
1981 $2,307 - $561 -
1980 $2,276 - $487 -
1979 $1,843 - $353 -
1978 $1,506 - $362 -
1977 $1,232 - $331 -
1976 $1,080 - $275.7 -
1975 $992 - $231.1 -
1974 $873 - $200.7 -
1973 $590 - $129.9 -
1972 $469 - $90.1 -
1971 $360 - $78.5 -
1970 $353 - $79.1 -
1969 $316 - $74.1 -
1968 $292.4 - $64.7 -
1967 $261.8 - $53.2 -
1966 $241.4 - - -
1965 $253.6 - - -
1964 $238.9 - - -
1963 $225.6 - - -
1962 $169.6 - - -
1961 $209.4 - - -
1960 $238.4 - - -

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

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

Algeria's GDP per capita is $6,051, ranking 114/197, compared to $5,060 in Indonesia, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Indonesia ranks 107th at $16,448.

Economic indicators

Algeria Indonesia
Gross domestic product
$287B
2025
$1.45T
2025
GDP rank
51/197
2025
17/197
2025
GDP growth
3.82%
2024-2025
5.11%
2024-2025
GDP per capita
$6,051
2025
$5,060
2025
GDP per capita rank
114/197
2025
123/197
2025
GDP per capita, PPP
$17,621
2024
$16,448
2024
GDP per capita PPP rank
105/197
2024
107/197
2024
Government debt
$155B
2025
$593B
2025
Debt-to-GDP ratio
54.1%
2025
41%
2025
Government debt per person
$3,274
2025
$2,076
2025
Government debt per person rank
100/185
2025
119/185
2025
Average annual personal income after taxes
$3,755
2026
$3,470
2026
Market capitalization of domestic companies
$371M
2018
$950B
2025
Number of millionaires n/a
178,605
2024
Number of billionaires
1
2026
33
2026
Income share by richest 10%
22.9%
2011
28.7%
2025
Income share by poorest 10%
4%
2011
3.5%
2025
Government expenditure, % of GDP
36.2%
2025
16.2%
2025
Consumer prices inflation
1.42%
2024-2025
1.91%
2024-2025
Central bank interest rate
3%
2020
5.5%
2026
Unemployment rate
11.7%
2017
3.31%
2023
Population
48345858
289027659

Spending and national debt comparison by year

Algeria
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Algeria Indonesia
Government spending Government debt Government spending Government debt
2025 36.2% 54.1% 16.2% 41%
2024 36.8% 48.1% 16.9% 40.2%
2023 37.4% 47.7% 16.6% 39.6%
2022 32.7% 48.1% 17.3% 40.1%
2021 32.5% 55.1% 18.1% 41.1%
2020 37.5% 46% 18.4% 39.7%
2019 37.1% 40.9% 16.4% 30.6%
2018 36.2% 34.5% 16.6% 30.4%
2017 36.2% 24% 16.4% 29.4%
2016 37.2% 18.1% 16.9% 28%
2015 40.9% 7.73% 17.6% 27%
2014 36.9% 6.85% 18.4% 24.6%
2013 33.5% 6.48% 18.8% 24.9%
2012 40% 8.58% 18.8% 23%
2011 37.7% 8.48% 17.7% 23.1%
2010 35.1% 9.51% 16.9% 26.4%
2009 40.1% 8.92% 17% 26.5%
2008 37.3% 7.64% 19.4% 30.3%
2007 33.1% 12.8% 18.7% 38.1%
2006 27.8% 22.5% 18.4% 35.8%
2005 27.8% 25.4% 17.4% 42.6%
2004 27.1% 32.7% 17.8% 51.3%
2003 27% 38.2% 18.2% 55.6%
2002 32.5% 47.3% 16.9% 62.3%
2001 29.1% 50% 19.5% 73.7%
2000 26.4% 53.4% 15.3% 87.4%
1999 29.4% 69.7% 15.1% 95.9%
1998 28.7% 79.9% 15.1% 72.5%
1997 28.5% 79.6% 15.2% 26.4%
1996 26.9% 90.7% 11.5% 27.5%
1995 28.9% 95.9% 11.9% 32%
1994 30.9% 106.3% 13.5% 37%
1993 32.6% 76.8% 14.1% 40.4%
1992 28.2% 69.3% 16.8% 42.6%
1991 27.6% 86.1% 15% 39.2%
1990 23.3% 63.6% 15.8% 40.8%
1989 - - 16.5% 42.5%
1988 - - 17.3% 45.6%
1987 - - 18% 49.7%
1986 - - 20.9% 38.3%
1985 - - 18.5% 28%
1984 - - 16.1% 23.5%
1983 - - 18.2% 23.1%
1982 - - 18.8% 18.6%
1981 - - 24.4% 16.4%
1980 - - 22.1% 17.3%
1979 - - 20.9% 22%
1978 - - 20.1% 30.3%
1977 - - 19.5% 27.7%
1976 - - 21.8% 38.1%
1975 - - 20.5% 36.7%
1974 - - 17.3% 34.4%
1973 - - 16.3% 43.1%
1972 - - 15.7% 51.2%
1971 - - 14.5% 50.5%
1970 - - 13.8% 46.7%
1969 - - 12.8% -
1968 - - 8.82% -
1967 - - 10.4% -
1966 - - 9.18% -
1965 - - 10.7% -
1964 - - 9.55% -
1963 - - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 - - 14.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Algeria's government spending was $104B, accounting for 36.2% of its GDP, while Indonesia spent $234B, or 16.2% of GDP.

Debt-to-GDP ratio is 54.1% in Algeria and 41% in Indonesia, ranking 94/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Indonesia
1x
Year Deficit/surplus, % of GDP
Algeria Indonesia
2025 -10.2% -2.92%
2024 -13.8% -2.28%
2023 -5.52% -1.64%
2022 -2.96% -2.31%
2021 -6.32% -4.4%
2020 -10.5% -6.07%
2019 -8.51% -2.09%
2018 -6.15% -1.69%
2017 -7.55% -2.26%
2016 -11.8% -2.56%
2015 -13.9% -2.72%
2014 -7.14% -1.8%
2013 -0.79% -1.96%
2012 -4.04% -1.59%
2011 -1.06% -0.7%
2010 -1.35% -1.24%
2009 -6.53% -1.64%
2008 7.79% 0.05%
2007 4.63% -0.95%
2006 12.9% 0.45%
2005 11.4% 0.46%
2004 6.36% -0.26%
2003 7.22% -1.08%
2002 0.21% -0.58%
2001 3.15% -1.76%
2000 8.91% -1.87%
1999 -1.83% -0.96%
1998 -3.52% -1.89%
1997 2.19% -1.03%
1996 2.7% 0.96%
1995 -1.3% 0.64%
1994 -4.05% 0.005%
1993 -7.79% -0.59%
1992 -1.05% -1.54%
1991 1.53% 0.51%
1990 3.35% 0.97%
1989 - -1.72%
1988 - -2.68%
1987 - -0.9%
1986 - -2.94%
1985 - -0.45%
1984 - 1.83%
1983 - -1%
1982 - -1.11%
1981 - -0.69%
1980 - -0.82%
1979 - -0.67%
1978 - -2.03%
1977 - -0.38%
1976 - -2.63%
1975 - -2.33%
1974 - -0.35%
1973 - -1.33%
1972 - -1.82%
1971 - -2.51%
1970 - -3.02%
1969 - -2.8%
1968 - 0%
1967 - -0.35%
1966 - -5.06%
1965 - -6.62%
1964 - -5.58%
1963 - -5.24%
1962 - -3.1%
1961 - -4.57%
1960 - -1.65%
1959 - -4.06%
1958 - -6.67%
1957 - -2.92%
1956 - -1.38%
1955 - -1.6%
1954 - -3.16%
1953 - -2.33%
1952 - -3.66%
1951 - 1.52%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-07-08).

GeoRank.org/economy/algeria/indonesia | 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 Indonesia's deficit of $42.2B, or 2.92% of GDP.

Over the past 36 years, Algeria recorded a fiscal deficit in 23 of those years, while Indonesia ran a deficit in 28 years. On average, Algeria posted an annual deficit equal to 1.81% of GDP, compared to deficit of 1.34% of GDP for Indonesia.

Inflation comparison by year

Inflation
Algeria

Indonesia
1x
Year Consumer prices inflation
Algeria Indonesia
2025 1.42% 1.91%
2024 4.05% 2.18%
2023 9.32% 3.67%
2022 9.27% 4.21%
2021 7.23% 1.56%
2020 2.42% 1.92%
2019 1.95% 3.03%
2018 4.27% 3.2%
2017 5.59% 3.81%
2016 6.4% 3.53%
2015 4.78% 6.36%
2014 2.92% 6.39%
2013 3.25% 6.41%
2012 8.89% 4.28%
2011 4.52% 5.36%
2010 3.91% 5.13%
2009 5.74% 4.39%
2008 4.86% 10.2%
2007 3.68% 6.41%
2006 2.31% 13.1%
2005 1.38% 10.5%
2004 3.96% 6.06%
2003 4.27% 6.76%
2002 1.42% 11.9%
2001 4.23% 11.5%
2000 0.34% 3.69%
1999 2.65% 20.5%
1998 4.95% 58.5%
1997 5.73% 6.23%

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

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

Over the past 29 years, Algeria has recorded an average annual inflation rate of 4.33%, compared with 8.02% in Indonesia. In 2025, inflation was 1.42% in Algeria and 1.91% in Indonesia.

Top exports between countries

Algeria
Export category Export value
Raw materials & minerals $603M
Raw agricultural goods $2.71M
Wood & paper products $281K
Metals $7K
Processed food, beverages & tobacco $6K
Chemicals & pharma $1K
Indonesia
Export category Export value
Processed food, beverages & tobacco $264M
Raw agricultural goods $172M
Machinery & equipment $15.1M
Chemicals & pharma $15M
Textiles & consumer goods $10.3M
Wood & paper products $4.15M
Raw materials & minerals $2.36M
Metals $1.04M
Precious metals & jewellery $40K
Animal & marine products $4K

Balance of trade

Algeria Indonesia
Current account balance
-$2.75B
2024
-$1.52B
2025
Current account balance ranking
151/190
2024
129/190
2025
Current account balance, % of GDP
-1.02%
2024
-0.11%
2025
Goods imports
$45.3B
2024
$231B
2025
Goods exports
$48.8B
2024
$280B
2025
Service imports
$9.13B
2024
$63B
2025
Service exports
$4.22B
2024
$42.5B
2025
Imports of goods and services, % of GDP
22.1%
2025
20.5%
2025
Exports of goods and services, % of GDP
16.8%
2025
22.8%
2025

Economic freedom indices

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

Algeria Indonesia
Economic freedom 45.8 65.1
Economic freedom ranking 179/197 67/197
Property rights 27.7 39.7
Government integrity 29.4 42
Judicial effectiveness 30 43.1
Tax burden 80.3 81.5
Government spending 61.9 91.4
Fiscal health 15.4 89.8
Business freedom 59.3 69.2
Labor freedom 52.2 56.8
Monetary freedom 74.7 79.4
Trade freedom 58.8 78.6
Investment freedom 30 50
Financial freedom 30 60

Economic freedom comparison by year

Algeria
Indonesia
1x
Year Economic freedom index
Algeria Indonesia
2026 45.8 65.1
2025 47.5 65.2
2024 43.9 63.5
2023 43.2 63.5
2022 45.8 64.4
2021 49.7 66.9
2020 46.9 67.2
2019 46.2 65.8
2018 44.7 64.2
2017 46.5 61.9
2016 50.1 59.4
2015 48.9 58.1
2014 50.8 58.5
2013 49.6 56.9
2012 51 56.4
2011 52.4 56
2010 56.9 55.5
2009 56.6 53.4
2008 56.2 53.2
2007 55.4 53.2
2006 55.7 51.9
2005 53.2 52.9
2004 58.1 52.1
2003 57.7 55.8
2002 61 54.8
2001 57.3 52.5
2000 56.8 55.2
1999 57.2 61.5
1998 55.8 63.4
1997 54.9 62
1996 54.5 61
1995 55.7 54.9

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Indonesia
Services, % of GDP
45.7%
2025
43.9%
2025
Industry, % of GDP
34.8%
2025
38.7%
2025
Agriculture, forestry, and fishing, % of GDP
14.5%
2025
13.1%
2025
GNI, Atlas method
$278B
2025
$1.46T
2025
GNI per capita, PPP
$18,240
2025
$17,190
2025
Total reserves including gold
$72.5B
2025
$157B
2025
Total reserves ranking
38/177
2025
22/177
2025
Net foreign direct investment
-$1.23B
2024
-$14.4B
2025
Net inflows of foreign direct investment
$1.23B
2024
$24.3B
2024
Net outflows of foreign direct investment
$265K
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
5.64%
2024
Poverty at national poverty lines
5.5%
2011
9%
2024
Gross capital formation, % of GDP
45.3%
2025
30.6%
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/indonesia | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2017–2025, 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.