Gross fixed capital formation, private sector in Algeria
Algeria: Gross fixed capital formation, private sector was 516.90 billion current LCU in 1998. ◆ Volatile
Gross fixed capital formation, private sector in Algeria, 1970–1998
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 1998, gross fixed capital formation, private sector in Algeria stood at 516.90 billion current LCU. That is the highest value across all 29 years on record.
That represents a change of up 18.4% on the previous year and up 970.2% over ten years.
Over the whole period, gross fixed capital formation, private sector in Algeria peaked at 516.90 billion current LCU in 1998 and was at its lowest, 6.10 billion current LCU, in 1971.
That places Algeria 44th out of 105 countries with data for 1998, putting it in the middle of the range.
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 | 18.54 billion current LCU | 6.10 billion current LCU | 38.20 billion current LCU | 10 |
| 1980s | 48.64 billion current LCU | 37.05 billion current LCU | 72.30 billion current LCU | 10 |
| 1990s | 316.92 billion current LCU | 104.30 billion current LCU | 516.90 billion current LCU | 9 |
Countries ranked near Algeria
More economy & growth data for Algeria
- DEC alternative conversion factor 131.61 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 342.08 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 2.55 billion current US$ (2024)
- Taxes less subsidies on products 1.89 trillion current LCU (2025)
- Taxes less subsidies on products 14.37 billion current US$ (2025)
- Net primary income (Net income from abroad) -713.79 billion current LCU (2025)
- Net primary income (Net income from abroad) -5.42 billion current US$ (2025)
- GNI per capita 781,300 current LCU (2025)
- GNI per capita, Atlas method 5,850 current US$ (2025)
- GNI 37.06 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Algeria?
- Gross fixed capital formation, private sector in Algeria was 516.90 billion current LCU in 1998, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Algeria?
- The highest recorded value was 516.90 billion current LCU in 1998.
- What is the lowest gross fixed capital formation, private sector recorded in Algeria?
- The lowest recorded value was 6.10 billion current LCU in 1971.
- How does Algeria rank for gross fixed capital formation, private sector?
- Algeria ranks 44th out of 105 countries with data for 1998.
- Is gross fixed capital formation, private sector rising or falling in Algeria?
- Over the last ten years it is up 970.2%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.