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Algeria Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
40,969,443 (July 2017 est.)
GDP (PPP)
$632.9 billion (2017 est.)

Fourth largest economy in Africa

GDP growth rate
2% (2017 est.)

Low and slowing

GDP (PPP) per capita
$15,200 (2017 est.)

Low

Local currency
Algerian dinar (DZD)

Weak

Financial stability (Public debt)
25.8% of GDP (2017 est.)

Low but increasing

Inflation
5.6% (2017 est.)

High but decelerating

Language
Arabic

French (lingua franca)

Corruption perception index (Source: Transparency International)
112/180

Very high level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

19% standard rate 9% applies to various basic items listed by law
Corporate Tax

26% standard rate 23% for building activities, public works, and hydraulics, as well as tourist and thermal activities, excluding travel agencies 19% for manufacturing activities
Duties

Algerian imports are subject to payment of customs duties in the following increments: duty-free, 5%, 15%, 30%, or 60%

Are you interested in Algeria business?

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