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Economy of Algeria vs Pakistan compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $372B for Pakistan, ranking 51/197 and 43/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Algeria vs Pakistan GDP by year

Algeria
Pakistan
1x
Year GDP, current $
Algeria Pakistan
2024 $269,322,281,665 $371,570,000,121
2023 $247,923,887,215 $336,686,348,609
2022 $225,581,644,703 $374,890,295,667
2021 $186,231,205,262 $348,516,647,445
2020 $164,873,415,325 $300,425,609,818
2019 $193,459,662,091 $320,909,472,771
2018 $194,554,483,656 $356,128,166,705
2017 $189,880,896,903 $339,205,534,861
2016 $180,763,839,522 $313,630,000,130
2015 $187,493,855,609 $299,963,590,535
2014 $238,942,664,193 $271,390,474,858
2013 $229,701,430,292 $258,657,231,672
2012 $227,143,746,076 $250,106,966,105
2011 $218,331,946,925 $230,586,581,060
2010 $177,785,053,940 $196,709,621,850
2009 $150,317,292,079 $187,337,783,856
2008 $180,383,848,331 $202,203,748,584
2007 $142,482,739,810 $184,140,869,997
2006 $123,084,258,693 $161,871,385,506
2005 $107,046,618,670 $145,208,562,961
2004 $91,913,680,985 $132,216,048,339
2003 $73,482,264,191 $112,371,913,741
2002 $61,516,103,406 $97,923,302,809
2001 $59,413,400,924 $97,145,618,480
2000 $54,790,398,570 $99,484,802,345
1999 $48,640,671,735 $62,973,857,069
1998 $48,187,781,984 $62,191,955,814
1997 $48,177,612,042 $62,433,340,468
1996 $46,941,554,225 $63,320,170,084
1995 $41,764,291,672 $60,636,071,684
1994 $42,543,176,829 $52,293,470,813
1993 $49,945,584,453 $51,809,999,353
1992 $48,003,133,347 $48,884,671,947
1991 $45,715,676,428 $45,625,336,680
1990 $62,048,507,531 $40,010,423,970
1989 $55,634,721,573 $40,171,106,279
1988 $59,089,396,860 $38,472,742,808
1987 $66,745,818,375 $33,351,529,275
1986 $63,692,007,897 $31,899,070,056
1985 $57,937,868,670 $31,144,920,844
1984 $53,698,548,293 $31,151,825,467
1983 $48,801,369,800 $28,691,889,764
1982 $45,207,167,470 $30,725,971,564
1981 $44,348,590,461 $28,100,606,061
1980 $42,345,829,079 $23,654,444,444
1979 $33,243,706,860 $19,688,383,838
1978 $26,364,491,313 $17,811,515,152
1977 $20,972,113,685 $15,126,060,606
1976 $17,728,240,932 $13,168,080,808
1975 $15,557,902,754 $11,230,606,061
1974 $13,209,871,626 $8,899,191,919
1973 $8,707,858,912 $6,383,429,490
1972 $6,766,743,957 $9,415,016,360
1971 $5,077,183,094 $10,665,896,682
1970 $4,863,526,897 $10,027,509,450
1969 $4,257,253,264 $8,683,116,338
1968 $3,852,147,027 $8,041,999,160
1967 $3,370,870,376 $7,464,510,710
1966 $3,039,859,187 $6,561,108,778
1965 $3,136,284,307 $5,929,231,415
1964 $2,909,316,435 $5,204,955,901
1963 $2,702,982,018 $4,630,827,383
1962 $2,001,444,544 $4,310,163,797
1961 $2,434,747,056 $4,118,647,627
1960 $2,723,615,451 $3,749,265,015

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

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

GDP per capita in Algeria vs Pakistan by year

Algeria
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $1,479 $6,252
2023 $5,370 $16,824 $1,360 $6,014
2022 $4,960 $15,836 $1,538 $5,920
2021 $4,161 $14,497 $1,455 $5,367
2020 $3,744 $12,677 $1,278 $5,048
2019 $4,468 $13,893 $1,390 $5,038
2018 $4,577 $13,727 $1,569 $4,979
2017 $4,555 $13,494 $1,519 $4,790
2016 $4,425 $13,438 $1,425 $4,631
2015 $4,685 $13,807 $1,380 $4,480
2014 $6,095 $14,694 $1,267 $4,313
2013 $5,980 $14,371 $1,225 $4,174
2012 $6,034 $14,441 $1,204 $4,047
2011 $5,916 $14,640 $1,132 $3,880
2010 $4,913 $14,201 $987 $3,786
2009 $4,235 $13,651 $964 $3,777
2008 $5,181 $13,666 $1,067 $3,721
2007 $4,167 $13,321 $998 $3,672
2006 $3,661 $12,791 $901 $3,515
2005 $3,233 $12,246 $828 $3,293
2004 $2,817 $11,432 $772 $3,048
2003 $2,284 $10,803 $672 $2,822
2002 $1,937 $10,080 $600 $2,688
2001 $1,896 $9,544 $610 $2,644
2000 $1,773 $9,187 $642 $2,565
1999 $1,596 $8,776 $418 $2,475
1998 $1,603 $8,503 $424 $2,419
1997 $1,629 $8,129 $438 $2,398
1996 $1,617 $8,053 $457 $2,401
1995 $1,467 $7,747 $451 $2,315
1994 $1,526 $7,463 $400 $2,224
1993 $1,831 $7,538 $408 $2,160
1992 $1,803 $7,705 $396 $2,132
1991 $1,759 $7,582 $380 $1,992
1990 $2,445 $7,602 $344 $1,895
1989 $2,247 - $358 -
1988 $2,451 - $354 -
1987 $2,847 - $317 -
1986 $2,800 - $314 -
1985 $2,633 - $317 -
1984 $2,524 - $327 -
1983 $2,374 - $311 -
1982 $2,275 - $345 -
1981 $2,307 - $328 -
1980 $2,276 - $287.4 -
1979 $1,843 - $249.2 -
1978 $1,506 - $233.4 -
1977 $1,232 - $204.7 -
1976 $1,080 - $183.9 -
1975 $992 - $161.7 -
1974 $873 - $132 -
1973 $590 - $97.5 -
1972 $469 - $148.1 -
1971 $360 - $172.5 -
1970 $353 - $166.7 -
1969 $316 - $148.5 -
1968 $292.4 - $141.6 -
1967 $261.8 - $135.2 -
1966 $241.4 - $122.2 -
1965 $253.6 - $113.6 -
1964 $238.9 - $102.5 -
1963 $225.6 - $93.7 -
1962 $169.6 - $89.5 -
1961 $209.4 - $87.8 -
1960 $238.4 - $82 -

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

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Pakistan ranks 150th at $6,252.

Economic indicators

Algeria Pakistan
Gross domestic product
$269B
2024
$372B
2024
GDP rank
51/197
2024
43/197
2024
GDP growth
3.7%
2023-2024
3.05%
2023-2024
GDP per capita
$5,753
2024
$1,479
2024
GDP per capita rank
114/197
2024
163/197
2024
GDP per capita, PPP
$17,621
2024
$6,252
2024
GDP per capita PPP rank
105/197
2024
150/197
2024
Government debt
$129B
2024
$262B
2024
Debt-to-GDP ratio
48.1%
2024
70.4%
2024
Government debt per person
$2,765
2024
$1,041
2024
Government debt per person rank
106/185
2024
140/185
2024
Average annual personal income after taxes
$3,787
2026
$1,668
2026
Market capitalization of domestic companies
$371M
2018
$52.1B
2024
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
25.5%
2018
Income share by poorest 10%
4%
2011
4.2%
2018
Government expenditure, % of GDP
36.8%
2024
19.5%
2024
Consumer prices inflation
4.05%
2023-2024
12.6%
2023-2024
Central bank interest rate
3%
2020
10.5%
2025
Unemployment rate
12%
2017
6.96%
2025
Population
48222325
260356147

Spending and national debt comparison by year

Algeria
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Algeria Pakistan
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 19.5% 70.4%
2023 37.4% 47.7% 19.3% 78.5%
2022 32.7% 48.1% 20% 77.3%
2021 32.5% 55.1% 18.5% 74.7%
2020 37.5% 46% 20.3% 80.8%
2019 37.1% 40.9% 19.1% 78.7%
2018 36.2% 34.5% 19.1% 66.3%
2017 36.2% 24% 19.1% 62.1%
2016 37.2% 18.1% 17.7% 62.1%
2015 40.9% 7.73% 17.8% 59.1%
2014 36.9% 6.85% 18.1% 58.8%
2013 33.5% 6.48% 19.5% 59.2%
2012 40% 8.58% 19.4% 58.4%
2011 37.7% 8.48% 17.9% 56.2%
2010 35.1% 9.51% 18.3% 56.7%
2009 40.1% 8.92% 17.3% 54.6%
2008 37.3% 7.64% 18% 49.5%
2007 33.1% 12.8% 16.1% 44.2%
2006 27.8% 22.5% 14.5% 46.2%
2005 27.8% 25.4% 13% 47.9%
2004 27.1% 32.7% 12.1% 50.6%
2003 27% 38.2% 12.9% 56.3%
2002 32.5% 47.3% 14.4% 60.5%
2001 29.1% 50% 12.9% 65.1%
2000 26.4% 53.4% 13.8% 61.7%
1999 29.4% 69.7% 13.2% 60.7%
1998 28.7% 79.9% 14.1% 53.8%
1997 28.5% 79.6% 13.7% 52.8%
1996 26.9% 90.7% 15% 52.5%
1995 28.9% 95.9% 14% 52.3%
1994 30.9% 106.3% 14.5% 58.5%
1993 32.6% 76.8% 17% 57.9%
1992 28.2% 69.3% 22.6% 53.3%
1991 27.6% 86.1% 21.4% 55.8%
1990 23.3% 63.6% 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 70.4% in Pakistan, ranking 113/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Pakistan
1x
Year Deficit/surplus, % of GDP
Algeria Pakistan
2024 -13.8% -6.81%
2023 -5.52% -7.76%
2022 -2.96% -7.84%
2021 -6.32% -6.04%
2020 -10.5% -7.03%
2019 -8.51% -7.79%
2018 -6.15% -5.67%
2017 -7.55% -5.17%
2016 -11.8% -3.92%
2015 -13.9% -4.74%
2014 -7.14% -4.37%
2013 -0.79% -7.48%
2012 -4.04% -7.74%
2011 -1.06% -6.23%
2010 -1.35% -5.42%
2009 -6.53% -4.53%
2008 7.79% -5.94%
2007 4.63% -4.23%
2006 12.9% -2.79%
2005 11.4% -2.29%
2004 6.36% -1.29%
2003 7.22% -0.12%
2002 0.21% -2.64%
2001 3.15% -2.45%
2000 8.91% -3.21%
1999 -1.83% -3.07%
1998 -3.52% -4.46%
1997 2.19% -3.87%
1996 2.7% -4.33%
1995 -1.3% -3.9%
1994 -4.05% -3.63%
1993 -7.79% -5.53%
1992 -1.05% -11.3%
1991 1.53% -10.8%
1990 3.35% -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

GeoRank.org/economy/algeria/pakistan | 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 Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 35 years, Algeria recorded a fiscal deficit in 22 of those years, while Pakistan ran a deficit in 35 years. On average, Algeria posted an annual deficit equal to 1.58% of GDP, compared to deficit of 5.32% of GDP for Pakistan.

Inflation comparison by year

Inflation
Algeria

Pakistan
1x
Year Consumer prices inflation
Algeria Pakistan
2024 4.05% 12.6%
2023 9.32% 30.8%
2022 9.27% 19.9%
2021 7.23% 9.5%
2020 2.42% 9.74%
2019 1.95% 10.6%
2018 4.27% 5.08%
2017 5.59% 4.09%
2016 6.4% 3.77%
2015 4.78% 2.53%
2014 2.92% 7.19%
2013 3.25% 7.69%
2012 8.89% 9.68%
2011 4.52% 11.9%
2010 3.91% 12.9%
2009 5.74% 13.6%
2008 4.86% 20.3%
2007 3.68% 7.6%
2006 2.31% 7.92%
2005 1.38% 9.06%
2004 3.96% 7.44%
2003 4.27% 2.91%
2002 1.42% 3.29%
2001 4.23% 3.15%
2000 0.34% 4.37%
1999 2.65% 4.14%
1998 4.95% 6.23%
1997 5.73% 11.4%

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

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

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 9.26% in Pakistan. In 2024, inflation was 4.05% in Algeria and 12.6% in Pakistan.

Top exports between countries

Algeria
Export category Export value
Metals $62K
Wood & paper products $20K
Pakistan
Export category Export value
Textiles & consumer goods $10.9M
Machinery & equipment $9.71M
Chemicals & pharma $1.7M
Raw agricultural goods $934K
Raw materials & minerals $454K
Processed food, beverages & tobacco $314K
Metals $139K
Wood & paper products $89K
Weapons & explosives $60K
Miscellaneous $3K

Balance of trade

Algeria Pakistan
Current account balance
-$2.75B
2024
$496M
2024
Current account balance ranking
154/190
2024
63/190
2024
Current account balance, % of GDP
-1.02%
2024
+0.13%
2024
Goods imports
$45.3B
2024
$55.6B
2024
Goods exports
$48.8B
2024
$32.1B
2024
Service imports
$9.13B
2024
$11.2B
2024
Service exports
$4.22B
2024
$8.1B
2024
Imports of goods and services, % of GDP
20.3%
2024
17.2%
2024
Exports of goods and services, % of GDP
19.9%
2024
10.4%
2024

Economic freedom indices

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

Algeria Pakistan
Economic freedom 45.8 48.9
Economic freedom ranking 179/197 168/197
Property rights 27.7 25.7
Government integrity 29.4 26.3
Judicial effectiveness 30 27.6
Tax burden 80.3 78.2
Government spending 61.9 88.5
Fiscal health 15.4 10.1
Business freedom 59.3 54.4
Labor freedom 52.2 51.7
Monetary freedom 74.7 54.1
Trade freedom 58.8 70.4
Investment freedom 30 60
Financial freedom 30 40

Economic freedom comparison by year

Algeria
Pakistan
1x
Year Economic freedom index
Algeria Pakistan
2026 45.8 48.9
2025 47.5 49.1
2024 43.9 49.5
2023 43.2 49.4
2022 45.8 48.8
2021 49.7 51.7
2020 46.9 54.8
2019 46.2 55
2018 44.7 54.4
2017 46.5 52.8
2016 50.1 55.9
2015 48.9 55.6
2014 50.8 55.2
2013 49.6 55.1
2012 51 54.7
2011 52.4 55.1
2010 56.9 55.2
2009 56.6 57
2008 56.2 55.6
2007 55.4 57.2
2006 55.7 57.9
2005 53.2 53.3
2004 58.1 54.9
2003 57.7 55
2002 61 55.8
2001 57.3 56
2000 56.8 56.4
1999 57.2 53
1998 55.8 53.2
1997 54.9 56
1996 54.5 58.4
1995 55.7 57.6

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Pakistan
Services, % of GDP
46.8%
2024
50.7%
2024
Industry, % of GDP
36.2%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
23.7%
2024
GNI, Atlas method
$252B
2024
$358B
2024
GNI per capita, PPP
$17,290
2024
$6,100
2024
Total reserves including gold
$83B
2024
$18.4B
2024
Total reserves ranking
31/177
2024
63/177
2024
Net foreign direct investment
-$1.23B
2024
-$2.58B
2024
Net inflows of foreign direct investment
$1.23B
2024
$2.66B
2024
Net outflows of foreign direct investment
$265K
2024
$84M
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
4.5%
2024
Poverty at national poverty lines
5.5%
2011
21.9%
2018
Gross capital formation, % of GDP
41.1%
2024
13.2%
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/pakistan | 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 (1950–1993, 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. TradeMap (2017–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.