Military Spending / Algeria
Algeria Military Spending
Algeria military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 7.97%.
COUNTRY: Algeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:12
GM ECONOMY RATING
Algeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
72 / 100
Good stability
Fiscal stability
n/a
Macroeconomic stability
14.0 / 20
External stability
11.0 / 15
Financial robustness
9.8 / 15
Structural stability
11.0 / 15
Future capacity
10.0 / 10
Demographic capacity
1.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 76% of weighted inputs available.
Time range:
Selected year: · Value:
Algeria · military spending data as percent of GDP.
Latest
7.97%
Previous
7.39%
Range avg.
5.70%
Rank
3
Countries by military spending
full rankingGM ECONOMY
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CountryAlgeria
IndicatorMilitary Spending
7.97%2024 · Rank 3
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Algeria recorded 7.97% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.58 percentage points, from 7.39% to 7.97%.
The latest observation is above the average of the last 10 available observations (5.70%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 4.06% in 2022 and the high was 7.97% in 2024.
Comparison
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Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS