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Economy of Algeria vs Jordan compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $53.4B for Jordan, ranking 51/197 and 90/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Algeria vs Jordan GDP by year

Algeria
Jordan
1x
Year GDP, current $
Algeria Jordan
2024 $269,322,281,665 $53,352,289,577
2023 $247,923,887,215 $51,088,476,338
2022 $225,581,644,703 $48,764,963,380
2021 $186,231,205,262 $46,296,100,141
2020 $164,873,415,325 $43,700,383,099
2019 $193,459,662,091 $44,503,006,338
2018 $194,554,483,656 $43,370,860,704
2017 $189,880,896,903 $41,608,435,915
2016 $180,763,839,522 $39,892,551,127
2015 $187,493,855,609 $38,587,017,887
2014 $238,942,664,193 $36,847,643,521
2013 $229,701,430,292 $34,454,440,141
2012 $227,143,746,076 $31,634,561,690
2011 $218,331,946,925 $29,524,149,155
2010 $177,785,053,940 $27,133,804,225
2009 $150,317,292,079 $24,537,876,056
2008 $180,383,848,331 $22,658,715,989
2007 $142,482,739,810 $17,110,437,236
2006 $123,084,258,693 $15,056,981,664
2005 $107,046,618,670 $12,588,998,590
2004 $91,913,680,985 $11,411,706,629
2003 $73,482,264,191 $10,195,627,645
2002 $61,516,103,406 $9,582,510,578
2001 $59,413,400,924 $8,975,814,653
2000 $54,790,398,570 $8,460,789,845
1999 $48,640,671,735 $8,149,929,478
1998 $48,187,781,984 $7,912,270,804
1997 $48,177,612,042 $7,245,839,210
1996 $46,941,554,225 $6,927,503,526
1995 $41,764,291,672 $6,727,597,032
1994 $42,543,176,829 $6,236,295,978
1993 $49,945,584,453 $5,606,400,222
1992 $48,003,133,347 $5,310,833,194
1991 $45,715,676,428 $4,344,467,193
1990 $62,048,507,531 $4,160,087,508
1989 $55,634,721,573 $4,221,373,674
1988 $59,089,396,860 $6,277,451,829
1987 $66,745,818,375 $6,756,209,762
1986 $63,692,007,897 $6,402,050,485
1985 $57,937,868,670 $4,993,601,520
1984 $53,698,548,293 $4,967,162,160
1983 $48,801,369,800 $4,920,692,191
1982 $45,207,167,470 $4,681,240,993
1981 $44,348,590,461 $4,383,944,703
1980 $42,345,829,079 $3,910,044,474
1979 $33,243,706,860 $3,271,368,781
1978 $26,364,491,313 $2,602,208,589
1977 $20,972,113,685 $2,096,778,602
1976 $17,728,240,932 $1,708,521,219
1975 $15,557,902,754 $1,363,073,498
1974 $13,209,871,626 $1,197,483,949
1973 $8,707,858,912 $943,783,840
1972 $6,766,743,957 $788,479,685
1971 $5,077,183,094 $678,159,729
1970 $4,863,526,897 $639,519,744
1969 $4,257,253,264 $698,879,720
1968 $3,852,147,027 $561,119,776
1967 $3,370,870,376 $631,679,747
1966 $3,039,859,187 $657,999,737
1965 $3,136,284,307 $599,759,760
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Algeria vs Jordan by year

Algeria
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $4,618 $10,821
2023 $5,370 $16,824 $4,466 $10,412
2022 $4,960 $15,836 $4,332 $9,927
2021 $4,161 $14,497 $4,183 $9,182
2020 $3,744 $12,677 $4,022 $9,579
2019 $4,468 $13,893 $4,170 $9,429
2018 $4,577 $13,727 $4,145 $9,042
2017 $4,555 $13,494 $4,066 $9,266
2016 $4,425 $13,438 $3,987 $8,748
2015 $4,685 $13,807 $4,043 $8,967
2014 $6,095 $14,694 $4,191 $9,145
2013 $5,980 $14,371 $4,311 $9,817
2012 $6,034 $14,441 $4,170 $9,739
2011 $5,916 $14,640 $3,947 $9,632
2010 $4,913 $14,201 $3,718 $9,417
2009 $4,235 $13,651 $3,436 $9,291
2008 $5,181 $13,666 $3,242 $8,983
2007 $4,167 $13,321 $2,506 $8,416
2006 $3,661 $12,791 $2,343 $8,046
2005 $3,233 $12,246 $2,088 $7,697
2004 $2,817 $11,432 $1,940 $7,074
2003 $2,284 $10,803 $1,776 $6,500
2002 $1,937 $10,080 $1,706 $6,256
2001 $1,896 $9,544 $1,632 $5,948
2000 $1,773 $9,187 $1,571 $5,641
1999 $1,596 $8,776 $1,545 $5,402
1998 $1,603 $8,503 $1,532 $5,264
1997 $1,629 $8,129 $1,436 $5,171
1996 $1,617 $8,053 $1,410 $5,055
1995 $1,467 $7,747 $1,416 $5,027
1994 $1,526 $7,463 $1,367 $4,830
1993 $1,831 $7,538 $1,289 $4,726
1992 $1,803 $7,705 $1,287 $4,654
1991 $1,759 $7,582 $1,110 $4,195
1990 $2,445 $7,602 $1,149 $4,317
1989 $2,247 - $1,260 -
1988 $2,451 - $1,966 -
1987 $2,847 - $2,217 -
1986 $2,800 - $2,200 -
1985 $2,633 - $1,797 -
1984 $2,524 - $1,871 -
1983 $2,374 - $1,939 -
1982 $2,275 - $1,929 -
1981 $2,307 - $1,885 -
1980 $2,276 - $1,750 -
1979 $1,843 - $1,519 -
1978 $1,506 - $1,249 -
1977 $1,232 - $1,039 -
1976 $1,080 - $873 -
1975 $992 - $718 -
1974 $873 - $651 -
1973 $590 - $531 -
1972 $469 - $460 -
1971 $360 - $412 -
1970 $353 - $409 -
1969 $316 - $474 -
1968 $292.4 - $409 -
1967 $261.8 - $497 -
1966 $241.4 - $558 -
1965 $253.6 - $546 -
1964 $238.9 - - -
1963 $225.6 - - -
1962 $169.6 - - -
1961 $209.4 - - -
1960 $238.4 - - -

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

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Jordan ranks 131st at $10,821.

Economic indicators

Algeria Jordan
Gross domestic product
$269B
2024
$53.4B
2024
GDP rank
51/197
2024
90/197
2024
GDP growth
3.7%
2023-2024
2.49%
2023-2024
GDP per capita
$5,753
2024
$4,618
2024
GDP per capita rank
114/197
2024
123/197
2024
GDP per capita, PPP
$17,621
2024
$10,821
2024
GDP per capita PPP rank
105/197
2024
131/197
2024
Government debt
$129B
2024
$48.1B
2024
Debt-to-GDP ratio
48.1%
2024
90.2%
2024
Government debt per person
$2,765
2024
$4,167
2024
Government debt per person rank
106/185
2024
91/185
2024
Average annual personal income after taxes
$3,787
2026
$4,787
2026
Market capitalization of domestic companies
$371M
2018
$24.9B
2024
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
27.4%
2010
Income share by poorest 10%
4%
2011
3.5%
2010
Government expenditure, % of GDP
36.8%
2024
33%
2024
Consumer prices inflation
4.05%
2023-2024
1.56%
2023-2024
Central bank interest rate
3%
2020
5.75%
2025
Unemployment rate
12%
2017
16.6%
2023
Population
48222325
11555022

Spending and national debt comparison by year

Algeria
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Algeria Jordan
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 33% 90.2%
2023 37.4% 47.7% 32.9% 89%
2022 32.7% 48.1% 33.3% 88.6%
2021 32.5% 55.1% 34.1% 87.6%
2020 37.5% 46% 33.7% 104.5%
2019 37.1% 40.9% 32.4% 92.9%
2018 36.2% 34.5% 32% 87.4%
2017 36.2% 24% 29.6% 86.1%
2016 37.2% 18.1% 29.8% 85%
2015 40.9% 7.73% 31.7% 83.4%
2014 36.9% 6.85% 39.2% 78.6%
2013 33.5% 6.48% 36.4% 78.1%
2012 40% 8.58% 32.2% 73.8%
2011 37.7% 8.48% 27.4% 63.9%
2010 35.1% 9.51% 29.8% 59.5%
2009 40.1% 8.92% 35.9% 55.5%
2008 37.3% 7.64% 35.8% 53.2%
2007 33.1% 12.8% 37.7% 64.4%
2006 27.8% 22.5% 34.7% 65.6%
2005 27.8% 25.4% 37.3% 80.5%
2004 27.1% 32.7% 36.6% 86%
2003 27% 38.2% 36% 94.6%
2002 32.5% 47.3% 32.9% 91.3%
2001 29.1% 50% 32.1% 89.7%
2000 26.4% 53.4% 33.1% 85.6%
1999 29.4% 69.7% 32.7% 98.1%
1998 28.7% 79.9% 34.9% 99.8%
1997 28.5% 79.6% 33.9% 98.1%
1996 26.9% 90.7% 36.2% 104.9%
1995 28.9% 95.9% 35.5% 106.1%
1994 30.9% 106.3% 34.3% 116.2%
1993 32.6% 76.8% 36.4% 126.6%
1992 28.2% 69.3% 35.5% 139.6%
1991 27.6% 86.1% 44.9% 187%
1990 23.3% 63.6% 44% 204.8%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1990, retrieved 2026-02-20).

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

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 90.2% in Jordan, ranking 113/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Jordan
1x
Year Deficit/surplus, % of GDP
Algeria Jordan
2024 -13.8% -7.33%
2023 -5.52% -6.89%
2022 -2.96% -6.8%
2021 -6.32% -8.45%
2020 -10.5% -10.1%
2019 -8.51% -7.19%
2018 -6.15% -5.78%
2017 -7.55% -3.61%
2016 -11.8% -3.71%
2015 -13.9% -7.1%
2014 -7.14% -15.5%
2013 -0.79% -16.1%
2012 -4.04% -13.8%
2011 -1.06% -5.61%
2010 -1.35% -5.43%
2009 -6.53% -8.66%
2008 7.79% -5.38%
2007 4.63% -5.45%
2006 12.9% -3.82%
2005 11.4% -5.36%
2004 6.36% -1.09%
2003 7.22% -2.52%
2002 0.21% -4.44%
2001 3.15% -2.77%
2000 8.91% -3.99%
1999 -1.83% -2.69%
1998 -3.52% -5.4%
1997 2.19% -2.97%
1996 2.7% -3.25%
1995 -1.3% -1.72%
1994 -4.05% -2.3%
1993 -7.79% -2.14%
1992 -1.05% 1.87%
1991 1.53% -10.2%
1990 3.35% -7.45%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/algeria/jordan | 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 Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Jordan ran a deficit in 34 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 5.8% of GDP for Jordan.

Inflation comparison by year

Inflation
Algeria

Jordan
1x
Year Consumer prices inflation
Algeria Jordan
2024 4.05% 1.56%
2023 9.32% 2.08%
2022 9.27% 4.23%
2021 7.23% 1.35%
2020 2.42% 0.33%
2019 1.95% 0.76%
2018 4.27% 4.46%
2017 5.59% 3.32%
2016 6.4% -0.78%
2015 4.78% -0.88%
2014 2.92% 2.9%
2013 3.25% 4.82%
2012 8.89% 4.52%
2011 4.52% 4.16%
2010 3.91% 4.85%
2009 5.74% -0.74%
2008 4.86% 14%
2007 3.68% 4.74%
2006 2.31% 6.25%
2005 1.38% 3.49%
2004 3.96% 3.36%
2003 4.27% 1.63%
2002 1.42% 1.83%
2001 4.23% 1.77%
2000 0.34% 0.67%
1999 2.65% 0.61%
1998 4.95% 3.09%
1997 5.73% 3.04%

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

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

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 2.91% in Jordan. In 2024, inflation was 4.05% in Algeria and 1.56% in Jordan.

Top exports between countries

Algeria
Export category Export value
Raw materials & minerals $92.7M
Processed food, beverages & tobacco $39.6M
Machinery & equipment $272K
Raw agricultural goods $94K
Chemicals & pharma $85K
Textiles & consumer goods $23K
Jordan
Export category Export value
Chemicals & pharma $91.6M
Metals $19.7M
Raw materials & minerals $17M
Machinery & equipment $1.91M
Raw agricultural goods $956K
Processed food, beverages & tobacco $924K
Wood & paper products $651K
Textiles & consumer goods $636K
Precious metals & jewellery $23K
Miscellaneous $9K

Balance of trade

Algeria Jordan
Current account balance
-$2.75B
2024
-$3.13B
2024
Current account balance ranking
154/190
2024
158/190
2024
Current account balance, % of GDP
-1.02%
2024
-5.86%
2024
Goods imports
$45.3B
2024
$23.9B
2024
Goods exports
$48.8B
2024
$13.3B
2024
Service imports
$9.13B
2024
$6.5B
2024
Service exports
$4.22B
2024
$9.45B
2024
Imports of goods and services, % of GDP
20.3%
2024
57.1%
2024
Exports of goods and services, % of GDP
19.9%
2024
42.6%
2024

Economic freedom indices

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

Algeria Jordan
Economic freedom 45.8 59.3
Economic freedom ranking 179/197 104/197
Property rights 27.7 52.3
Government integrity 29.4 51
Judicial effectiveness 30 44
Tax burden 80.3 84.1
Government spending 61.9 67.2
Fiscal health 15.4 5.2
Business freedom 59.3 62.7
Labor freedom 52.2 51.3
Monetary freedom 74.7 81.2
Trade freedom 58.8 82
Investment freedom 30 70
Financial freedom 30 60

Economic freedom comparison by year

Algeria
Jordan
1x
Year Economic freedom index
Algeria Jordan
2026 45.8 59.3
2025 47.5 59.4
2024 43.9 58.3
2023 43.2 58.8
2022 45.8 60.1
2021 49.7 64.6
2020 46.9 66
2019 46.2 66.5
2018 44.7 64.9
2017 46.5 66.7
2016 50.1 68.3
2015 48.9 69.3
2014 50.8 69.2
2013 49.6 70.4
2012 51 69.9
2011 52.4 68.9
2010 56.9 66.1
2009 56.6 65.4
2008 56.2 64.1
2007 55.4 64.5
2006 55.7 63.7
2005 53.2 66.7
2004 58.1 66.1
2003 57.7 65.3
2002 61 66.2
2001 57.3 68.3
2000 56.8 67.5
1999 57.2 67.4
1998 55.8 66.8
1997 54.9 63.6
1996 54.5 60.8
1995 55.7 62.7

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Jordan
Services, % of GDP
46.8%
2024
60.4%
2024
Industry, % of GDP
36.2%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
5.07%
2024
GNI, Atlas method
$252B
2024
$51.2B
2024
GNI per capita, PPP
$17,290
2024
$10,570
2024
Total reserves including gold
$83B
2024
$21.9B
2024
Total reserves ranking
31/177
2024
60/177
2024
Net foreign direct investment
-$1.23B
2024
-$1.58B
2024
Net inflows of foreign direct investment
$1.23B
2024
$1.63B
2024
Net outflows of foreign direct investment
$265K
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
8.64%
2024
Poverty at national poverty lines
5.5%
2011
14.2%
2020
Gross capital formation, % of GDP
41.1%
2024
25.2%
2021

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/jordan | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1990, retrieved 2026-02-20)
  6. TradeMap (2017–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.