Debt service (PPG and IMF only, % of exports of goods, services and) in Algeria
Algeria: Debt service (PPG and IMF only, % of exports of goods, services and) was 0.5% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Algeria, 1989–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Algeria is 0.5%, measured in 2024.
That represents a change of up 6.3% on the previous year and up 30.5% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Algeria peaked at 70.9% in 1991 and was at its lowest, 0.3%, in 2022.
Algeria ranks 118th of 118 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 67.9% | — |
| 1990 | 63.8% | -6.0% |
| 1991 | 70.9% | +11.2% |
| 2005 | 11.4% | -84.0% |
| 2006 | 22.1% | +94.4% |
| 2007 | 1.1% | -94.9% |
| 2008 | 1.2% | +4.6% |
| 2009 | 0.9% | -25.2% |
| 2010 | 0.6% | -31.5% |
| 2011 | 0.6% | -3.0% |
| 2012 | 0.8% | +43.4% |
| 2013 | 0.4% | -50.3% |
| 2014 | 0.4% | -14.3% |
| 2015 | 0.5% | +31.5% |
| 2016 | 0.5% | +1.0% |
| 2017 | 0.4% | -12.0% |
| 2018 | 0.3% | -21.8% |
| 2019 | 0.3% | +1.8% |
| 2020 | 0.4% | +21.8% |
| 2021 | 0.3% | -27.9% |
| 2022 | 0.3% | -12.7% |
| 2023 | 0.4% | +71.9% |
| 2024 | 0.5% | +6.3% |
Algeria compared with similar countries
- Algeria's 0.5% is below the median for upper middle income countries, which is 7.8%, 6% of the median. (50 countries reporting)
- Algeria's 0.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.0%, 5% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 67.9% | 67.9% | 67.9% | 1 |
| 1990s | 67.3% | 63.8% | 70.9% | 2 |
| 2000s | 7.3% | 0.9% | 22.1% | 5 |
| 2010s | 0.5% | 0.3% | 0.8% | 10 |
| 2020s | 0.4% | 0.3% | 0.5% | 5 |
Countries ranked near Algeria
More external debt data for Algeria
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IBRD -725,000 NFL, current US$ (2017)
- Public and publicly guaranteed debt service 0.2% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -84.95 % change on previous year (2017)
- Other investment, Debt instruments 3.00 billion US dollar (2024)
- Use of IMF credit 4.01 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Algeria?
- Debt service (ppg and imf only, % of exports of goods, services and) in Algeria was 0.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Algeria?
- The highest recorded value was 70.9% in 1991.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Algeria?
- The lowest recorded value was 0.3% in 2022.
- How does Algeria rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Algeria ranks 118th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Algeria?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.