Algeria Inflation Rate 1970-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Algeria inflation rate for 2023 was 9.32%, a 0.06% increase from 2022.
  • Algeria inflation rate for 2022 was 9.27%, a 2.04% increase from 2021.
  • Algeria inflation rate for 2021 was 7.23%, a 4.81% increase from 2020.
  • Algeria inflation rate for 2020 was 2.42%, a 0.46% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Algeria Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 9.32% 0.06%
2022 9.27% 2.04%
2021 7.23% 4.81%
2020 2.42% 0.46%
2019 1.95% -2.32%
2018 4.27% -1.32%
2017 5.59% -0.81%
2016 6.40% 1.61%
2015 4.78% 1.87%
2014 2.92% -0.34%
2013 3.25% -5.64%
2012 8.89% 4.37%
2011 4.52% 0.61%
2010 3.91% -1.83%
2009 5.74% 0.88%
2008 4.86% 1.18%
2007 3.68% 1.37%
2006 2.31% 0.93%
2005 1.38% -2.58%
2004 3.96% -0.31%
2003 4.27% 2.85%
2002 1.42% -2.81%
2001 4.23% 3.89%
2000 0.34% -2.31%
1999 2.65% -2.30%
1998 4.95% -0.78%
1997 5.73% -12.95%
1996 18.68% -11.10%
1995 29.78% 0.73%
1994 29.05% 8.51%
1993 20.54% -11.13%
1992 31.67% 5.78%
1991 25.89% 9.23%
1990 16.65% 7.35%
1989 9.30% 3.39%
1988 5.91% -1.53%
1987 7.44% -4.93%
1986 12.37% 1.89%
1985 10.48% 2.37%
1984 8.12% 2.15%
1983 5.97% -0.58%
1982 6.54% -8.11%
1981 14.65% 5.14%
1980 9.52% -1.83%
1979 11.35% -6.18%
1978 17.52% 5.53%
1977 11.99% 2.56%
1976 9.43% 1.20%
1975 8.23% 3.53%
1974 4.70% -1.47%
1973 6.17% 2.52%
1972 3.66% 1.03%
1971 2.63% -3.97%
1970 6.60% -3.97%