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Economy of Algeria vs Kazakhstan compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $291B for Kazakhstan, ranking 51/197 and 48/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $71.1B (24.4% of GDP) in Kazakhstan.

Algeria vs Kazakhstan GDP by year

Algeria
Kazakhstan
1x
Year GDP, current $
Algeria Kazakhstan
2024 $269,322,281,665 $291,480,274,649
2023 $247,923,887,215 $261,840,101,060
2022 $225,581,644,703 $225,496,328,925
2021 $186,231,205,262 $197,112,255,361
2020 $164,873,415,325 $171,082,365,861
2019 $193,459,662,091 $181,667,184,855
2018 $194,554,483,656 $179,339,977,690
2017 $189,880,896,903 $166,805,788,827
2016 $180,763,839,522 $137,278,320,084
2015 $187,493,855,609 $184,388,404,706
2014 $238,942,664,193 $221,415,613,595
2013 $229,701,430,292 $236,634,603,409
2012 $227,143,746,076 $207,998,568,866
2011 $218,331,946,925 $192,626,464,617
2010 $177,785,053,940 $148,047,348,241
2009 $150,317,292,079 $115,308,686,941
2008 $180,383,848,331 $133,441,648,852
2007 $142,482,739,810 $104,849,915,058
2006 $123,084,258,693 $81,003,864,630
2005 $107,046,618,670 $57,123,671,734
2004 $91,913,680,985 $43,151,647,003
2003 $73,482,264,191 $30,833,692,900
2002 $61,516,103,406 $24,636,598,527
2001 $59,413,400,924 $22,152,689,180
2000 $54,790,398,570 $18,291,990,662
1999 $48,640,671,735 $16,870,817,182
1998 $48,187,781,984 $22,135,245,507
1997 $48,177,612,042 $22,165,932,063
1996 $46,941,554,225 $21,035,357,937
1995 $41,764,291,672 $20,374,302,652
1994 $42,543,176,829 $21,250,792,886
1993 $49,945,584,453 $23,409,260,880
1992 $48,003,133,347 $24,917,355,372
1991 $45,715,676,428 $24,923,076,923
1990 $62,048,507,531 $26,932,016,270
1989 $55,634,721,573 -
1988 $59,089,396,860 -
1987 $66,745,818,375 -
1986 $63,692,007,897 -
1985 $57,937,868,670 -
1984 $53,698,548,293 -
1983 $48,801,369,800 -
1982 $45,207,167,470 -
1981 $44,348,590,461 -
1980 $42,345,829,079 -
1979 $33,243,706,860 -
1978 $26,364,491,313 -
1977 $20,972,113,685 -
1976 $17,728,240,932 -
1975 $15,557,902,754 -
1974 $13,209,871,626 -
1973 $8,707,858,912 -
1972 $6,766,743,957 -
1971 $5,077,183,094 -
1970 $4,863,526,897 -
1969 $4,257,253,264 -
1968 $3,852,147,027 -
1967 $3,370,870,376 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Algeria vs Kazakhstan by year

Algeria
GDP per capita

GDP per capita, PPP
Kazakhstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Kazakhstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $14,155 $40,891
2023 $5,370 $16,824 $12,879 $38,515
2022 $4,960 $15,836 $11,255 $35,895
2021 $4,161 $14,497 $9,984 $32,946
2020 $3,744 $12,677 $8,782 $29,040
2019 $4,468 $13,893 $9,457 $28,689
2018 $4,577 $13,727 $9,472 $25,096
2017 $4,555 $13,494 $8,943 $23,973
2016 $4,425 $13,438 $7,476 $23,023
2015 $4,685 $13,807 $10,196 $22,484
2014 $6,095 $14,694 $12,428 $23,958
2013 $5,980 $14,371 $13,478 $23,754
2012 $6,034 $14,441 $12,019 $21,367
2011 $5,916 $14,640 $11,287 $20,160
2010 $4,913 $14,201 $8,793 $18,642
2009 $4,235 $13,651 $6,938 $17,389
2008 $5,181 $13,666 $8,124 $17,278
2007 $4,167 $13,321 $6,449 $16,581
2006 $3,661 $12,791 $5,030 $14,966
2005 $3,233 $12,246 $3,577 $13,226
2004 $2,817 $11,432 $2,722 $11,777
2003 $2,284 $10,803 $1,958 $10,532
2002 $1,937 $10,080 $1,574 $9,504
2001 $1,896 $9,544 $1,422 $8,568
2000 $1,773 $9,187 $1,180 $7,418
1999 $1,596 $8,776 $1,092 $6,626
1998 $1,603 $8,503 $1,415 $6,284
1997 $1,629 $8,129 $1,382 $6,178
1996 $1,617 $8,053 $1,281 $5,836
1995 $1,467 $7,747 $1,218 $5,595
1994 $1,526 $7,463 $1,247 $5,860
1993 $1,831 $7,538 $1,355 $6,477
1992 $1,803 $7,705 $1,438 $6,945
1991 $1,759 $7,582 $1,442 $7,193
1990 $2,445 $7,602 $1,570 $7,874
1989 $2,247 - - -
1988 $2,451 - - -
1987 $2,847 - - -
1986 $2,800 - - -
1985 $2,633 - - -
1984 $2,524 - - -
1983 $2,374 - - -
1982 $2,275 - - -
1981 $2,307 - - -
1980 $2,276 - - -
1979 $1,843 - - -
1978 $1,506 - - -
1977 $1,232 - - -
1976 $1,080 - - -
1975 $992 - - -
1974 $873 - - -
1973 $590 - - -
1972 $469 - - -
1971 $360 - - -
1970 $353 - - -
1969 $316 - - -
1968 $292.4 - - -
1967 $261.8 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $14,155 in Kazakhstan, ranking 71/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Kazakhstan ranks 58th at $40,891.

Economic indicators

Algeria Kazakhstan
Gross domestic product
$269B
2024
$291B
2024
GDP rank
51/197
2024
48/197
2024
GDP growth
3.7%
2023-2024
5%
2023-2024
GDP per capita
$5,753
2024
$14,155
2024
GDP per capita rank
114/197
2024
71/197
2024
GDP per capita, PPP
$17,621
2024
$40,891
2024
GDP per capita PPP rank
105/197
2024
58/197
2024
Government debt
$129B
2024
$71.1B
2024
Debt-to-GDP ratio
48.1%
2024
24.4%
2024
Government debt per person
$2,765
2024
$3,450
2024
Government debt per person rank
106/185
2024
95/185
2024
Average annual personal income after taxes
$3,787
2026
$7,486
2026
Market capitalization of domestic companies
$371M
2018
$62.8B
2024
Number of millionaires n/a
44,307
2025
Number of billionaires
1
2025
6
2025
Income share by richest 10%
22.9%
2011
24.8%
2021
Income share by poorest 10%
4%
2011
4.3%
2021
Government expenditure, % of GDP
36.8%
2024
20.7%
2024
Consumer prices inflation
4.05%
2023-2024
8.7%
2023-2024
Central bank interest rate
3%
2020
18%
2025
Unemployment rate
12%
2017
4.86%
2022
Population
48222325
21161809

Spending and national debt comparison by year

Algeria
Spending

Debt
Kazakhstan
Spending

Debt
1x
Year % of GDP
Algeria Kazakhstan
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 20.7% 24.4%
2023 37.4% 47.7% 23.4% 23%
2022 32.7% 48.1% 21.7% 23.5%
2021 32.5% 55.1% 22.1% 25.1%
2020 37.5% 46% 24.5% 26.4%
2019 37.1% 40.9% 20.2% 19.9%
2018 36.2% 34.5% 18.8% 20.3%
2017 36.2% 24% 24.1% 19.9%
2016 37.2% 18.1% 21.5% 19.7%
2015 40.9% 7.73% 22.9% 21.9%
2014 36.9% 6.85% 21.3% 14.5%
2013 33.5% 6.48% 19.8% 12.6%
2012 40% 8.58% 21.9% 12.1%
2011 37.7% 8.48% 21.2% 10.2%
2010 35.1% 9.51% 22.5% 10.7%
2009 40.1% 8.92% 23.5% 10.2%
2008 37.3% 7.64% 27.1% 6.77%
2007 33.1% 12.8% 23.7% 4.09%
2006 27.8% 22.5% 19.8% 6.68%
2005 27.8% 25.4% 22% 8.1%
2004 27.1% 32.7% 21.3% 11.4%
2003 27% 38.2% 21.4% 15%
2002 32.5% 47.3% 20.5% 17.6%
2001 29.1% 50% - -
2000 26.4% 53.4% - -
1999 29.4% 69.7% - -
1998 28.7% 79.9% - -
1997 28.5% 79.6% - -
1996 26.9% 90.7% - -
1995 28.9% 95.9% - -
1994 30.9% 106.3% - -
1993 32.6% 76.8% - -
1992 28.2% 69.3% - -
1991 27.6% 86.1% - -
1990 23.3% 63.6% - -

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

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

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Kazakhstan spent $60.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 24.4% in Kazakhstan, ranking 113/185 and 167/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Kazakhstan
1x
Year Deficit/surplus, % of GDP
Algeria Kazakhstan
2024 -13.8% -1.6%
2023 -5.52% -1.52%
2022 -2.96% 0.11%
2021 -6.32% -4.97%
2020 -10.5% -7.04%
2019 -8.51% -0.57%
2018 -6.15% 2.58%
2017 -7.55% -4.27%
2016 -11.8% -4.5%
2015 -13.9% -6.26%
2014 -7.14% 2.48%
2013 -0.79% 4.95%
2012 -4.04% 4.43%
2011 -1.06% 5.81%
2010 -1.35% 1.47%
2009 -6.53% -1.33%
2008 7.79% 1.23%
2007 4.63% 5.13%
2006 12.9% 7.65%
2005 11.4% 6.08%
2004 6.36% 3.29%
2003 7.22% 4%
2002 0.21% 1.92%
2001 3.15% -
2000 8.91% -
1999 -1.83% -
1998 -3.52% -
1997 2.19% -
1996 2.7% -
1995 -1.3% -
1994 -4.05% -
1993 -7.79% -
1992 -1.05% -
1991 1.53% -
1990 3.35% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/algeria/kazakhstan | 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 Kazakhstan's deficit of $4.66B, or 1.6% of GDP.

Over the past 23 years, Algeria recorded a fiscal deficit in 16 of those years, while Kazakhstan ran a deficit in 9 years. On average, Algeria posted an annual deficit equal to 2.5% of GDP, compared to surplus of 0.83% of GDP for Kazakhstan.

Inflation comparison by year

Inflation
Algeria

Kazakhstan
1x
Year Consumer prices inflation
Algeria Kazakhstan
2024 4.05% 8.7%
2023 9.32% 14.5%
2022 9.27% 15%
2021 7.23% 8%
2020 2.42% 6.8%
2019 1.95% 5.3%
2018 4.27% 6%
2017 5.59% 7.5%
2016 6.4% 14.6%
2015 4.78% 6.8%
2014 2.92% 6.6%
2013 3.25% 5.8%
2012 8.89% 5.1%
2011 4.52% 8.4%
2010 3.91% 7.1%
2009 5.74% 7.3%
2008 4.86% 17.2%
2007 3.68% 10.8%
2006 2.31% 8.6%
2005 1.38% 7.4%
2004 3.96% 7%
2003 4.27% 6.4%
2002 1.42% 6%
2001 4.23% 8.4%
2000 0.34% 13.2%
1999 2.65% 8.3%
1998 4.95% 7.1%
1997 5.73% 17.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 8.98% in Kazakhstan. In 2024, inflation was 4.05% in Algeria and 8.7% in Kazakhstan.

Top exports between countries

Algeria
Export category Export value
Raw agricultural goods $58K
Textiles & consumer goods $1K
Kazakhstan
Export category Export value
Raw materials & minerals $73.6M
Chemicals & pharma $2.34M
Metals $2.22M
Machinery & equipment $916K
Miscellaneous $755K
Textiles & consumer goods $5K

Balance of trade

Algeria Kazakhstan
Current account balance
-$2.75B
2024
-$7.94B
2024
Current account balance ranking
154/190
2024
173/190
2024
Current account balance, % of GDP
-1.02%
2024
-2.72%
2024
Goods imports
$45.3B
2024
$61.8B
2024
Goods exports
$48.8B
2024
$79B
2024
Service imports
$9.13B
2024
$13B
2024
Service exports
$4.22B
2024
$11.8B
2024
Imports of goods and services, % of GDP
20.3%
2024
25.6%
2024
Exports of goods and services, % of GDP
19.9%
2024
31.6%
2024

Economic freedom indices

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

Algeria Kazakhstan
Economic freedom 45.8 64.2
Economic freedom ranking 179/197 75/197
Property rights 27.7 54.9
Government integrity 29.4 40.7
Judicial effectiveness 30 33.8
Tax burden 80.3 91.2
Government spending 61.9 85.6
Fiscal health 15.4 97.2
Business freedom 59.3 64.9
Labor freedom 52.2 63.5
Monetary freedom 74.7 64.3
Trade freedom 58.8 74.4
Investment freedom 30 50
Financial freedom 30 50

Economic freedom comparison by year

Algeria
Kazakhstan
1x
Year Economic freedom index
Algeria Kazakhstan
2026 45.8 64.2
2025 47.5 63.8
2024 43.9 62
2023 43.2 62.1
2022 45.8 64.4
2021 49.7 71.1
2020 46.9 69.6
2019 46.2 65.4
2018 44.7 69.1
2017 46.5 69
2016 50.1 63.6
2015 48.9 63.3
2014 50.8 63.7
2013 49.6 63
2012 51 63.6
2011 52.4 62.1
2010 56.9 61
2009 56.6 60.1
2008 56.2 61.1
2007 55.4 59.6
2006 55.7 60.2
2005 53.2 53.9
2004 58.1 49.7
2003 57.7 52.3
2002 61 52.4
2001 57.3 51.8
2000 56.8 50.4
1999 57.2 47.3
1998 55.8 41.7
1997 54.9 -
1996 54.5 -
1995 55.7 -

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 64.2 for Kazakhstan, ranking 75/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Kazakhstan
Services, % of GDP
46.8%
2024
57.9%
2024
Industry, % of GDP
36.2%
2024
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
3.88%
2024
GNI, Atlas method
$252B
2024
$249B
2024
GNI per capita, PPP
$17,290
2024
$37,590
2024
Total reserves including gold
$83B
2024
$45.8B
2024
Total reserves ranking
31/177
2024
43/177
2024
Net foreign direct investment
-$1.23B
2024
-$3.9B
2024
Net inflows of foreign direct investment
$1.23B
2024
$1.98B
2024
Net outflows of foreign direct investment
$265K
2024
-$1.92B
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
17.3%
2024
Poverty at national poverty lines
5.5%
2011
5%
2024
Gross capital formation, % of GDP
41.1%
2024
27.2%
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/kazakhstan | 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. TradeMap (2017–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1990, 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.