Algeria’s Key Macroeconomic Indicators, 2022–2023

Nine official indicators with metric-specific units and periods; Algeria, 2022–August 2023.

What the Data Shows

Algeria’s 2022–2023 macroeconomic snapshot combines nine policy, monetary, external-balance, growth and inflation indicators with metric-specific periods. The monetary rates and inflation refer to August 2023, the balance-of-payments values cover the first half of 2023, and real GDP growth refers to 2022. Currency in circulation had the fastest monetary growth at 8.09%, compared with 6.46% for M2 and 5.35% for credit to the economy. The overall balance of payments was US$6.114 billion, while real GDP growth was 3.2% and year-on-year inflation was 9.7%.

Data table

Policy rate — Value 3%
Policy rate — Unit percent
Policy rate — Period August 2023
M2 growth — Value 6.46%
M2 growth — Unit percent year-on-year
M2 growth — Period August 2023
Currency-in-circulation growth — Value 8.09%
Currency-in-circulation growth — Unit percent year-on-year
Currency-in-circulation growth — Period August 2023
Credit-to-economy growth — Value 5.35%
Credit-to-economy growth — Unit percent year-on-year
Credit-to-economy growth — Period August 2023
Capital-account balance — Value US$2.479B
Capital-account balance — Unit US$ billions
Capital-account balance — Period H1 2023
Current-account balance — Value US$3.635B
Current-account balance — Unit US$ billions
Current-account balance — Period H1 2023
Overall balance of payments — Value US$6.114B
Overall balance of payments — Unit US$ billions
Overall balance of payments — Period H1 2023
Real GDP growth — Value 3.2%
Real GDP growth — Unit percent
Real GDP growth — Period 2022

Sources

Source 1: Macroeconomic indicators

Publisher: Bank of Algeria

Dataset/table: Monetary, balance-of-payments and real-sector indicators

Units: percent; percent year-on-year; US$ billions

Date checked: 2026-07-19

Evidence: Supports the nine Bank of Algeria macroeconomic values for 2022, August 2023 and the first half of 2023.

Data notes & caveats

The snapshot spans 2022 real GDP growth, first-half 2023 balance-of-payments values and August 2023 policy, monetary and inflation indicators. Each entry retains its own period and unit.

Methodology

All nine official values are retained with their metric-specific unit and reference period. Cross-metric comparisons are limited to like-for-like monetary rates and the reported balance-of-payments reconciliation.

Source consistency notes

All values come from the same official page, but periods and units intentionally differ and are explicitly labelled at row level.

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