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Economy of Algeria vs Uganda compared: GDP & Debt

Updated on by Georank team

Algeria has a GDP of $269B compared to $53.9B for Uganda, ranking 51/197 and 89/197 by economy size, respectively.

Algeria has $129B in government debt (48.1% of GDP), compared to $27.8B (51.5% of GDP) in Uganda.

Algeria vs Uganda GDP by year

Algeria
Uganda
1x
Year GDP, current $
Algeria Uganda
2024 $269,322,281,665 $53,911,907,086
2023 $247,923,887,215 $48,768,955,863
2022 $225,581,644,703 $45,565,333,211
2021 $186,231,205,262 $40,529,788,749
2020 $164,873,415,325 $37,600,368,242
2019 $193,459,662,091 $35,353,061,003
2018 $194,554,483,656 $32,927,025,620
2017 $189,880,896,903 $30,744,473,841
2016 $180,763,839,522 $29,203,988,696
2015 $187,493,855,609 $32,387,183,730
2014 $238,942,664,193 $32,612,397,257
2013 $229,701,430,292 $28,915,786,517
2012 $227,143,746,076 $27,305,915,911
2011 $218,331,946,925 $27,871,725,241
2010 $177,785,053,940 $26,673,441,431
2009 $150,317,292,079 $25,127,805,567
2008 $180,383,848,331 $14,440,404,132
2007 $142,482,739,810 $11,902,564,495
2006 $123,084,258,693 $9,977,647,683
2005 $107,046,618,670 $9,239,221,763
2004 $91,913,680,985 $7,939,487,548
2003 $73,482,264,191 $6,606,884,275
2002 $61,516,103,406 $6,178,563,591
2001 $59,413,400,924 $5,840,503,869
2000 $54,790,398,570 $6,193,246,837
1999 $48,640,671,735 $5,998,563,258
1998 $48,187,781,984 $6,584,815,847
1997 $48,177,612,042 $6,269,333,313
1996 $46,941,554,225 $6,044,585,327
1995 $41,764,291,672 $5,755,818,842
1994 $42,543,176,829 $3,990,430,447
1993 $49,945,584,453 $3,220,439,044
1992 $48,003,133,347 $2,857,457,762
1991 $45,715,676,428 $3,321,729,160
1990 $62,048,507,531 $4,304,399,310
1989 $55,634,721,573 $5,276,480,799
1988 $59,089,396,860 $6,508,931,652
1987 $66,745,818,375 $6,269,522,042
1986 $63,692,007,897 $3,923,244,050
1985 $57,937,868,670 $3,519,695,444
1984 $53,698,548,293 $3,615,647,477
1983 $48,801,369,800 $2,240,333,333
1982 $45,207,167,470 $2,177,500,000
1981 $44,348,590,461 $1,337,300,000
1980 $42,345,829,079 $1,244,610,000
1979 $33,243,706,860 $2,139,025,000
1978 $26,364,491,313 $2,420,260,870
1977 $20,972,113,685 $2,936,470,588
1976 $17,728,240,932 $2,447,300,000
1975 $15,557,902,754 $2,359,555,556
1974 $13,209,871,626 $2,098,944,967
1973 $8,707,858,912 $1,701,829,789
1972 $6,766,743,957 $1,490,970,181
1971 $5,077,183,094 $1,417,191,656
1970 $4,863,526,897 $1,259,554,809
1969 $4,257,253,264 $1,168,556,629
1968 $3,852,147,027 $1,037,379,252
1967 $3,370,870,376 $967,240,655
1966 $3,039,859,187 $925,381,492
1965 $3,136,284,307 $884,502,310
1964 $2,909,316,435 $589,247,687
1963 $2,702,982,018 $516,315,231
1962 $2,001,444,544 $449,158,233
1961 $2,434,747,056 $441,667,335
1960 $2,723,615,451 $423,145,605

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

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

GDP per capita in Algeria vs Uganda by year

Algeria
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Algeria Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,753 $17,621 $1,078 $3,273
2023 $5,370 $16,824 $1,002 $3,098
2022 $4,960 $15,836 $963 $2,919
2021 $4,161 $14,497 $883 $2,685
2020 $3,744 $12,677 $846 $2,532
2019 $4,468 $13,893 $822 $2,441
2018 $4,577 $13,727 $792 $2,312
2017 $4,555 $13,494 $765 $2,158
2016 $4,425 $13,438 $753 $2,165
2015 $4,685 $13,807 $863 $2,190
2014 $6,095 $14,694 $896 $2,134
2013 $5,980 $14,371 $818 $2,045
2012 $6,034 $14,441 $795 $2,032
2011 $5,916 $14,640 $836 $2,268
2010 $4,913 $14,201 $823 $2,092
2009 $4,235 $13,651 $799 $2,015
2008 $5,181 $13,666 $473 $1,931
2007 $4,167 $13,321 $401 $1,795
2006 $3,661 $12,791 $347 $1,660
2005 $3,233 $12,246 $330 $1,497
2004 $2,817 $11,432 $292.4 $1,405
2003 $2,284 $10,803 $250.7 $1,320
2002 $1,937 $10,080 $242 $1,255
2001 $1,896 $9,544 $236 $1,173
2000 $1,773 $9,187 $258.1 $1,124
1999 $1,596 $8,776 $257.9 $1,100
1998 $1,603 $8,503 $292.5 $1,037
1997 $1,629 $8,129 $286.8 $1,007
1996 $1,617 $8,053 $284.7 $969
1995 $1,467 $7,747 $278.5 $897
1994 $1,526 $7,463 $198.4 $809
1993 $1,831 $7,538 $165.6 $770
1992 $1,803 $7,705 $152.1 $719
1991 $1,759 $7,582 $183 $703
1990 $2,445 $7,602 $245 $666
1989 $2,247 - $310 -
1988 $2,451 - $395 -
1987 $2,847 - $393 -
1986 $2,800 - $253.6 -
1985 $2,633 - $234.3 -
1984 $2,524 - $247.5 -
1983 $2,374 - $157.5 -
1982 $2,275 - $157 -
1981 $2,307 - $98.6 -
1980 $2,276 - $93.8 -
1979 $1,843 - $164.5 -
1978 $1,506 - $190.7 -
1977 $1,232 - $237.6 -
1976 $1,080 - $203.3 -
1975 $992 - $201.2 -
1974 $873 - $183.7 -
1973 $590 - $152.7 -
1972 $469 - $137 -
1971 $360 - $133.5 -
1970 $353 - $122 -
1969 $316 - $116.7 -
1968 $292.4 - $106.9 -
1967 $261.8 - $102.8 -
1966 $241.4 - $101.4 -
1965 $253.6 - $100 -
1964 $238.9 - $68.6 -
1963 $225.6 - $62 -
1962 $169.6 - $55.5 -
1961 $209.4 - $56.2 -
1960 $238.4 - $55.4 -

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

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

Algeria's GDP per capita is $5,753, ranking 114/197, compared to $1,078 in Uganda, ranking 176/197. Adjusted for purchasing power (GDP per capita PPP), Algeria ranks 105th at $17,621, while Uganda ranks 176th at $3,273.

Economic indicators

Algeria Uganda
Gross domestic product
$269B
2024
$53.9B
2024
GDP rank
51/197
2024
89/197
2024
GDP growth
3.7%
2023-2024
6.06%
2023-2024
GDP per capita
$5,753
2024
$1,078
2024
GDP per capita rank
114/197
2024
176/197
2024
GDP per capita, PPP
$17,621
2024
$3,273
2024
GDP per capita PPP rank
105/197
2024
176/197
2024
Government debt
$129B
2024
$27.8B
2024
Debt-to-GDP ratio
48.1%
2024
51.5%
2024
Government debt per person
$2,765
2024
$555
2024
Government debt per person rank
106/185
2024
163/185
2024
Average annual personal income after taxes
$3,787
2026
$1,466
2026
Market capitalization of domestic companies
$371M
2018
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
22.9%
2011
34.5%
2019
Income share by poorest 10%
4%
2011
2.4%
2019
Government expenditure, % of GDP
36.8%
2024
18.7%
2024
Consumer prices inflation
4.05%
2023-2024
3.3%
2023-2024
Central bank interest rate
3%
2020
9.75%
2024
Unemployment rate
12%
2017
3.42%
2021
Population
48222325
53170946

Spending and national debt comparison by year

Algeria
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Algeria Uganda
Government spending Government debt Government spending Government debt
2024 36.8% 48.1% 18.7% 51.5%
2023 37.4% 47.7% 19.3% 50.5%
2022 32.7% 48.1% 19.5% 50.2%
2021 32.5% 55.1% 22% 50.3%
2020 37.5% 46% 21.4% 46.3%
2019 37.1% 40.9% 18.3% 37.5%
2018 36.2% 34.5% 16.2% 34.9%
2017 36.2% 24% 16.3% 33.6%
2016 37.2% 18.1% 15.2% 31.3%
2015 40.9% 7.73% 14.9% 28%
2014 36.9% 6.85% 13.6% 24.8%
2013 33.5% 6.48% 13.3% 22.1%
2012 40% 8.58% 13.1% 19.5%
2011 37.7% 8.48% 13.2% 18%
2010 35.1% 9.51% 15.4% 18.4%
2009 40.1% 8.92% 11.8% 14.8%
2008 37.3% 7.64% 12.9% 15.7%
2007 33.1% 12.8% 13.2% 17%
2006 27.8% 22.5% 13.7% 27.8%
2005 27.8% 25.4% 14.5% 42.6%
2004 27.1% 32.7% 15.6% 49%
2003 27% 38.2% 16.5% 55.1%
2002 32.5% 47.3% 16.8% 54.7%
2001 29.1% 50% 16.2% 51.4%
2000 26.4% 53.4% 15.2% 48.5%
1999 29.4% 69.7% 14.7% 47.7%
1998 28.7% 79.9% 14% 45.1%
1997 28.5% 79.6% 13.9% 44.2%
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/uganda | CC BY

In 2024, Algeria's government spending was $99.1B, accounting for 36.8% of its GDP, while Uganda spent $10.1B, or 18.7% of GDP.

Debt-to-GDP ratio is 48.1% in Algeria and 51.5% in Uganda, ranking 113/185 and 103/185, respectively.

Government deficit by year

Deficit/surplus
Algeria

Uganda
1x
Year Deficit/surplus, % of GDP
Algeria Uganda
2024 -13.8% -3.99%
2023 -5.52% -4.87%
2022 -2.96% -5.45%
2021 -6.32% -7.76%
2020 -10.5% -7.76%
2019 -8.51% -4.82%
2018 -6.15% -3.02%
2017 -7.55% -3.83%
2016 -11.8% -2.64%
2015 -13.9% -2.59%
2014 -7.14% -2.74%
2013 -0.79% -3.19%
2012 -4.04% -2.39%
2011 -1.06% -2.04%
2010 -1.35% -4.64%
2009 -6.53% -1.61%
2008 7.79% -1.99%
2007 4.63% -0.82%
2006 12.9% -0.64%
2005 11.4% -0.17%
2004 6.36% 0.34%
2003 7.22% -0.97%
2002 0.21% -2.07%
2001 3.15% -0.99%
2000 8.91% -0.62%
1999 -1.83% -1.24%
1998 -3.52% -0.7%
1997 2.19% -0.83%
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/uganda | 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 Uganda's deficit of $2.15B, or 3.99% of GDP.

Over the past 28 years, Algeria recorded a fiscal deficit in 18 of those years, while Uganda ran a deficit in 27 years. On average, Algeria posted an annual deficit equal to 1.73% of GDP, compared to deficit of 2.64% of GDP for Uganda.

Inflation comparison by year

Inflation
Algeria

Uganda
1x
Year Consumer prices inflation
Algeria Uganda
2024 4.05% 3.3%
2023 9.32% 5.4%
2022 9.27% 7.2%
2021 7.23% 2.2%
2020 2.42% 2.8%
2019 1.95% 2.1%
2018 4.27% 2.5%
2017 5.59% 5.6%
2016 6.4% 5.2%
2015 4.78% 3.7%
2014 2.92% 4.3%
2013 3.25% 5.5%
2012 8.89% 14%
2011 4.52% 18.7%
2010 3.91% 4%
2009 5.74% 13%
2008 4.86% 12%
2007 3.68% 6.1%
2006 2.31% 7.2%
2005 1.38% 8.6%
2004 3.96% 3.7%
2003 4.27% 8.7%
2002 1.42% -0.3%
2001 4.23% 1.9%
2000 0.34% 3.4%
1999 2.65% 5.8%
1998 4.95% 5.8%
1997 5.73% 7.7%

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/uganda | CC BY

Over the past 28 years, Algeria has recorded an average annual inflation rate of 4.44%, compared with 6.08% in Uganda. In 2024, inflation was 4.05% in Algeria and 3.3% in Uganda.

Top exports between countries

Algeria
Export category Export value
Uganda
Export category Export value
Raw agricultural goods $39.8M
Raw materials & minerals $27.7M
Processed food, beverages & tobacco $346K
Textiles & consumer goods $10K

Balance of trade

Algeria Uganda
Current account balance
-$2.75B
2024
-$4.29B
2024
Current account balance ranking
154/190
2024
164/190
2024
Current account balance, % of GDP
-1.02%
2024
-7.96%
2024
Goods imports
$45.3B
2024
$11.7B
2024
Goods exports
$48.8B
2024
$8.67B
2024
Service imports
$9.13B
2024
$4.38B
2024
Service exports
$4.22B
2024
$2.39B
2024
Imports of goods and services, % of GDP
20.3%
2024
25.9%
2024
Exports of goods and services, % of GDP
19.9%
2024
16.8%
2024

Economic freedom indices

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

Algeria Uganda
Economic freedom 45.8 52.4
Economic freedom ranking 179/197 149/197
Property rights 27.7 42.2
Government integrity 29.4 25.1
Judicial effectiveness 30 29.4
Tax burden 80.3 73.4
Government spending 61.9 89
Fiscal health 15.4 58.3
Business freedom 59.3 50.2
Labor freedom 52.2 55.9
Monetary freedom 74.7 77.1
Trade freedom 58.8 58
Investment freedom 30 30
Financial freedom 30 40

Economic freedom comparison by year

Algeria
Uganda
1x
Year Economic freedom index
Algeria Uganda
2026 45.8 52.4
2025 47.5 51.3
2024 43.9 50.7
2023 43.2 51.4
2022 45.8 54.2
2021 49.7 58.6
2020 46.9 59.5
2019 46.2 59.7
2018 44.7 62
2017 46.5 60.9
2016 50.1 59.3
2015 48.9 59.7
2014 50.8 59.9
2013 49.6 61.1
2012 51 61.9
2011 52.4 61.7
2010 56.9 62.2
2009 56.6 63.5
2008 56.2 63.8
2007 55.4 63.1
2006 55.7 63.9
2005 53.2 62.9
2004 58.1 64.1
2003 57.7 60.1
2002 61 61
2001 57.3 60.4
2000 56.8 58.2
1999 57.2 64.8
1998 55.8 64.7
1997 54.9 66.6
1996 54.5 66.2
1995 55.7 62.9

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

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

The Economic Freedom Index for Algeria is 45.8, ranking 179/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Algeria Uganda
Services, % of GDP
46.8%
2024
43.1%
2024
Industry, % of GDP
36.2%
2024
24.9%
2024
Agriculture, forestry, and fishing, % of GDP
14%
2024
24.6%
2024
GNI, Atlas method
$252B
2024
$50.9B
2024
GNI per capita, PPP
$17,290
2024
$3,190
2024
Total reserves including gold
$83B
2024
$3.36B
2018
Total reserves ranking
31/177
2024
114/177
2018
Net foreign direct investment
-$1.23B
2024
-$3.26B
2024
Net inflows of foreign direct investment
$1.23B
2024
$3.26B
2024
Net outflows of foreign direct investment
$265K
2024
$400K
2024
Servicing debt to the IMF, % of GNI
0.17%
2024
2.96%
2024
Poverty at national poverty lines
5.5%
2011
20.3%
2019
Gross capital formation, % of GDP
41.1%
2024
22.4%
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/uganda | 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 (2022–2024, 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.