External borrowing, net in Algeria
Algeria: External borrowing, net was -159.00 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Algeria, 1972–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Algeria recorded -159.00 billion current LCU for external borrowing, net in 2011. That is the lowest value across all 40 years on record.
Compared with earlier readings it is down 37.1% on the previous year and down 251.1% over ten years.
Over the whole period, external borrowing, net in Algeria peaked at 150.90 billion current LCU in 2000 and was at its lowest, -159.00 billion current LCU, in 2011.
Algeria ranks 47th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -42.45 million current LCU | -347.60 million current LCU | 87.00 million current LCU | 8 |
| 1980s | -81.10 million current LCU | -206.00 million current LCU | 39.00 million current LCU | 10 |
| 1990s | 15.32 billion current LCU | -5.90 billion current LCU | 123.40 billion current LCU | 10 |
| 2000s | -18.74 billion current LCU | -110.60 billion current LCU | 150.90 billion current LCU | 10 |
| 2010s | -137.50 billion current LCU | -159.00 billion current LCU | -116.00 billion current LCU | 2 |
Countries ranked near Algeria
More science & technology data for Algeria
- Scientific and technical journal articles 7,676 (2023)
- Mobile phone subscriptions 54.05 million (2024)
- Mobile phone subscriptions per 100 people 115.46 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 115.46 per 100 people (2024)
- Patent applications, nonresidents 581 (2021)
- Share of the population using the Internet 77.4% (2024)
- Patent applications, residents 268 (2021)
- Research and development expenditure 0.4% (2024)
- Number of people using the Internet 32.32 million users (2021)
- Landline Internet subscriptions per 100 people 13.32 per 100 people (2024)
Frequently asked questions
- What is external borrowing, net in Algeria?
- External borrowing, net in Algeria was -159.00 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Algeria?
- The highest recorded value was 150.90 billion current LCU in 2000.
- What is the lowest external borrowing, net recorded in Algeria?
- The lowest recorded value was -159.00 billion current LCU in 2011.
- How does Algeria rank for external borrowing, net?
- Algeria ranks 47th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Algeria?
- Over the last ten years it is down 251.1%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.