Algeria's net secondary income (net current transfers from abroad) (current US$) was US$2.55 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 37.86% from US$4.11 billion in 2014 (4.65% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$2.55 billion | 2024 |
| Five years earlier | US$3.61 billion | 2019 |
| Ten years earlier | US$4.11 billion | 2014 |
| Highest | US$4.29 billion | 2018 |
| Lowest | US$180.6 million | 1984 |
| Average since 2015 | US$3.19 billion | 2015–2024 |
| First recorded | US$281.42 million |
What the numbers say
In 2024, Algeria's net secondary income (net current transfers from abroad) (current US$) fell 2.1% on 2023 (from US$2.61 billion to US$2.55 billion).
Across the 30 yearly changes before that (1989 to 2023), the average change was +4.5% and a typical year strayed about 25% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 109.6% in 1985 and the biggest yearly fall was 38.4% in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$149.07 million a year. A straight line explains 52% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Algeria had the 8th highest value of the 54 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Algeria in the 2024 ranking
- Tunisia — 5th of 54: US$3.24 billion
- Zimbabwe — 6th of 54: US$3.13 billion
- Greece — 7th of 54: US$2.67 billion
- Botswana — 9th of 54: US$2.06 billion
- Tajikistan — 10th of 54: US$1.72 billion
- Congo, Dem. Rep. — 11th of 54: US$1.35 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 44 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2024 | 2,551,821,910 |
| 2023 | 2,605,943,439 |
| 2022 | 2,656,572,882 |
| 2021 | 2,586,640,151 |
| 2020 | 2,898,006,575 |
| 2019 | 3,610,281,983 |
| 2018 | 4,294,396,738 |
| 2017 | 3,909,959,481 |
| 2016 | 3,507,759,884 |
| 2015 | 3,238,607,201 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Afghanistan — US$5.89 billion (2024)
- Bahrain — −US$2.78 billion (2025)
- Djibouti — US$9.3 million (2024)
- Egypt, Arab Rep. — US$36.3 billion (2025)
- Iran, Islamic Rep. — US$819.7 million (2015)
- Iraq — US$357.4 million (2024)
- Israel — US$4.12 billion (2025)
- Jordan — US$5.06 billion (2025)
- Kuwait
More economic policy & debt data for Algeria
- Total reserves, including gold (current US$) — US$76.83 billion (2025)
- Total reserves, excluding gold (current US$) — US$52.45 billion (2025)
- General government final consumption expenditure (current US$) — US$52.47 billion (2025)
- General government final consumption expenditure (current LCU) — 6.91 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$46.72 billion (2025)
- General government final consumption expenditure (constant LCU) — 1.59 trillion (2025)
- General government final consumption expenditure (% of GDP) — 18.28% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$119.87 billion (2025)
Reading data like this
Questions people ask
- What is Algeria's net secondary income (net current transfers from abroad) (current US$)?
- US$2.55 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 806.75% from US$281.42 million in 1977 (4.8% a year on average, compounded). The highest value was US$4.29 billion in 2018 and the lowest US$180.6 million in 1984.
- How does Algeria rank?
- 8th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Algeria?
- In 2024, Algeria's net secondary income (net current transfers from abroad) (current US$) fell 2.1% on 2023 (from US$2.61 billion to US$2.55 billion). Across the 30 yearly changes before that (1989 to 2023), the average change was +4.5% and a typical year strayed about 25% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in