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.
External borrowing, net in Algeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 87.00 million current LCU | — |
| 1973 | -46.00 million current LCU | -152.9% |
| 1974 | -89.00 million current LCU | +93.5% |
| 1975 | 0 current LCU | -100.0% |
| 1976 | -347.60 million current LCU | — |
| 1977 | 0 current LCU | -100.0% |
| 1978 | 26.00 million current LCU | — |
| 1979 | 30.00 million current LCU | +15.4% |
| 1980 | 35.00 million current LCU | +16.7% |
| 1981 | -183.00 million current LCU | -622.9% |
| 1982 | 33.00 million current LCU | -118.0% |
| 1983 | -121.00 million current LCU | -466.7% |
| 1984 | -171.00 million current LCU | +41.3% |
| 1985 | -206.00 million current LCU | +20.5% |
| 1986 | -108.00 million current LCU | -47.6% |
| 1987 | -111.00 million current LCU | +2.8% |
| 1988 | 39.00 million current LCU | -135.1% |
| 1989 | -18.00 million current LCU | -146.2% |
| 1990 | 52.00 million current LCU | -388.9% |
| 1991 | 100.00 million current LCU | +92.3% |
| 1992 | 700.00 million current LCU | +600.0% |
| 1993 | 1.00 billion current LCU | +42.9% |
| 1994 | 500.00 million current LCU | -50.0% |
| 1995 | 300.00 million current LCU | -40.0% |
| 1996 | -5.90 billion current LCU | -2066.7% |
| 1997 | 13.40 billion current LCU | -327.1% |
| 1998 | 19.60 billion current LCU | +46.3% |
| 1999 | 123.40 billion current LCU | +529.6% |
| 2000 | 150.90 billion current LCU | +22.3% |
| 2001 | 105.20 billion current LCU | -30.3% |
| 2002 | 63.80 billion current LCU | -39.4% |
| 2003 | -8.00 billion current LCU | -112.5% |
| 2004 | -72.60 billion current LCU | +807.5% |
| 2005 | -97.10 billion current LCU | +33.7% |
| 2006 | -110.60 billion current LCU | +13.9% |
| 2007 | -74.90 billion current LCU | -32.3% |
| 2008 | -90.90 billion current LCU | +21.4% |
| 2009 | -53.20 billion current LCU | -41.5% |
| 2010 | -116.00 billion current LCU | +118.0% |
| 2011 | -159.00 billion current LCU | +37.1% |
Algeria compared with similar countries
- Algeria's -159.00 billion current LCU is below the median for upper middle income countries, which is 5.82 billion current LCU. (7 countries reporting)
- Algeria's -159.00 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.64 billion current LCU. (5 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Algeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -2066.7% | 300.00 million current LCU | -5.90 billion current LCU |
| 2004 | -807.5% | -8.00 billion current LCU | -72.60 billion current LCU |
| 1981 | -622.9% | 35.00 million current LCU | -183.00 million current LCU |
| 1992 | +600.0% | 100.00 million current LCU | 700.00 million current LCU |
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 115.46 (2024)
- Mobile cellular subscriptions by country, per capita 1.15 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 54.05 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 21.63 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 3.45 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 4.91 % change on previous year (2024)
- Scientific and technical journal articles 7,676 (2023)
- Scientific and technical journal articles, per capita 0.0002 units per person (2023)
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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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.