Gross capital formation rose 18.0% to USD 93,417 bil in Algeria in 2023, according to the National Statistical Office.
Historically, gross capital formation in Algeria reached an all time high of USD 112,060 bil in 2014 and an all time low of USD 527 bil in 1966. When compared to Algeria's main peers, gross capital formation in Libya amounted to USD 7,432 bil, USD 41,620 bil in Morocco, USD 340,294 bil in Spain and USD 3,746 bil in Tunisia in 2023.
Algeria has been ranked 37th within the group of 153 countries we follow in terms of gross capital formation, 11 places below the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | USD bil | 90,384 | 86,340 | 70,812 | 72,902 | 79,175 | ... | |||||||||||||||
Chad | USD bil | 3,361 | 3,621 | 3,403 | 3,366 | 3,204 | ||||||||||||||||
Egypt | USD bil | 54,159 | 65,820 | 72,227 | 77,342 | 94,663 | ||||||||||||||||
France | USD bil | 628,958 | 626,925 | 603,844 | 695,554 | 676,401 | ||||||||||||||||
Italy | USD bil | 391,773 | 370,883 | 341,414 | 479,451 | 517,553 | ||||||||||||||||
Libya | USD bil | 11,605 | 9,526 | 4,428 | 4,283 | 4,550 | ||||||||||||||||
Malta | USD bil | 3,175 | 3,426 | 3,644 | 4,728 | 4,837 | ||||||||||||||||
Mauritania | USD bil | 3,471 | 3,199 | 3,194 | 3,746 | 4,690 | ... | |||||||||||||||
Morocco | USD bil | 40,927 | 39,443 | 34,922 | 43,567 | 39,678 | ||||||||||||||||
Portugal | USD bil | 44,847 | 45,066 | 44,589 | 53,605 | 54,908 | ||||||||||||||||
Spain | USD bil | 296,438 | 293,455 | 266,039 | 319,633 | 327,705 | ||||||||||||||||
Tunisia | USD bil | 9,803 | 8,298 | 5,397 | 7,467 | 7,706 |