Multilateral debt service in Algeria
Algeria: Multilateral debt service was 75.8% in 2024. ◆ Volatile
Multilateral debt service in Algeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
The most recent figure for multilateral debt service in Algeria is 75.8%, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 35,275.8% over ten years.
Over the whole period, multilateral debt service in Algeria peaked at 75.8% in 2024 and was at its lowest, 0.2%, in 2014.
That places Algeria 17th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Algeria, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 7.9% | — |
| 1971 | 5.0% | -37.5% |
| 1972 | 1.9% | -62.6% |
| 1973 | 1.2% | -36.4% |
| 1974 | 0.5% | -54.3% |
| 1975 | 1.3% | +142.6% |
| 1976 | 1.0% | -26.4% |
| 1977 | 1.0% | +7.9% |
| 1978 | 1.4% | +37.4% |
| 1979 | 1.1% | -20.7% |
| 1980 | 1.8% | +58.0% |
| 1981 | 1.3% | -29.9% |
| 1982 | 1.3% | +1.7% |
| 1983 | 1.2% | -6.9% |
| 1984 | 2.9% | +147.0% |
| 1985 | 3.9% | +34.4% |
| 1986 | 3.4% | -14.1% |
| 1987 | 5.0% | +48.7% |
| 1988 | 4.8% | -4.6% |
| 1989 | 4.5% | -6.0% |
| 1990 | 5.0% | +11.0% |
| 1991 | 6.0% | +20.1% |
| 1992 | 6.0% | -0.9% |
| 1993 | 6.4% | +7.4% |
| 1994 | 13.4% | +109.9% |
| 1995 | 17.7% | +31.6% |
| 1996 | 17.3% | -1.9% |
| 1997 | 24.0% | +38.3% |
| 1998 | 15.1% | -37.2% |
| 1999 | 15.7% | +3.9% |
| 2000 | 15.1% | -3.3% |
| 2001 | 18.4% | +21.8% |
| 2002 | 25.1% | +36.3% |
| 2003 | 20.3% | -19.3% |
| 2004 | 27.9% | +37.5% |
| 2005 | 26.6% | -4.4% |
| 2006 | 19.1% | -28.4% |
| 2007 | 3.2% | -83.5% |
| 2008 | 13.6% | +331.5% |
| 2009 | 0.4% | -97.0% |
| 2010 | 0.8% | +104.8% |
| 2011 | 0.4% | -53.8% |
| 2012 | 0.2% | -39.5% |
| 2013 | 2.0% | +745.0% |
| 2014 | 0.2% | -89.3% |
| 2015 | 0.3% | +18.9% |
| 2016 | 0.3% | +6.0% |
| 2017 | 9.1% | +3264.7% |
| 2018 | 11.4% | +24.9% |
| 2019 | 13.9% | +22.8% |
| 2020 | 16.9% | +21.0% |
| 2021 | 43.1% | +155.8% |
| 2022 | 61.9% | +43.5% |
| 2023 | 69.4% | +12.1% |
| 2024 | 75.8% | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | 0.5% | 7.9% | 10 |
| 1980s | 3.0% | 1.2% | 5.0% | 10 |
| 1990s | 12.7% | 5.0% | 24.0% | 10 |
| 2000s | 17.0% | 0.4% | 27.9% | 10 |
| 2010s | 3.9% | 0.2% | 13.9% | 10 |
| 2020s | 53.4% | 16.9% | 75.8% | 5 |
Countries ranked near Algeria
- 14 Bosnia and Herzegovina 78.4% compare
- 15 Solomon Islands 78.0% compare
- 16 Burkina Faso 77.2% compare
- 18 Zimbabwe 75.0% compare
- 19 Madagascar 74.6% compare
- 20 Saint Vincent and the Grenadines 72.3% compare
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 multilateral debt service in Algeria?
- Multilateral debt service in Algeria was 75.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Algeria?
- The highest recorded value was 75.8% in 2024.
- What is the lowest multilateral debt service recorded in Algeria?
- The lowest recorded value was 0.2% in 2014.
- How does Algeria rank for multilateral debt service?
- Algeria ranks 17th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Algeria?
- Over the last ten years it is up 35,275.8%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.