Inflation Algeria 2023
Average inflation: 9.3%
Current Inflation
Inflation is very high at 9.3%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 10.1%. The lowest inflation was in December at 7.8%.
- Highest month
- March: 10.1%
- Lowest month
- December: 7.8%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 13.3%. The lowest price increase was in Energy with an average of 1.5%.
- Highest increase
- Food: 13.3%
- Lowest increase
- Energy: 1.5%
Historical Context
Current inflation is 3.3% higher than the 5-year average of 6.0%. This approaches the highest level since records began (9.3% in 2023).
- 5-year average
- 6%
- 10-year average
- 5.4%
- All-time high (2023)
- 9.3%
- All-time low (2019)
- 2%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +0.0 percentage point.
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- June: -1.7 percentage points
ECB Target
Inflation is 7.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €109.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 9.3% | +0.3 |
| February | 9.9% | +0.7 |
| March | 10.1% | +0.8 |
| April | 9.9% | -0.1 |
| May | 10.1% | +0.6 |
| June | 9.1% | -1.7 |
| July | 9.4% | 0.0 |
| August | 9.7% | -0.1 |
| September | 9.5% | +0.9 |
| October | 8.2% | +0.1 |
| November | 8.9% | +0.7 |
| December | 7.8% | -1.5 |
| Average | 9.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.