Inflation Algeria 2024
Average inflation: 4.1%
Current Inflation
Inflation is high at 4.1%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 6.3%. The lowest inflation was in April at 2.3%.
- Highest month
- January: 6.3%
- Lowest month
- April: 2.3%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 3.3%. The lowest price increase was in Energy with an average of 1.3%.
- Highest increase
- Food: 3.3%
- Lowest increase
- Energy: 1.3%
Historical Context
Current inflation is 2.4% lower than the 5-year average of 6.5%.
- 5-year average
- 6.5%
- 10-year average
- 5.5%
- All-time high (2023)
- 9.3%
- All-time low (2019)
- 2%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +5.2 percentage point.
- Change vs. previous year
- -5.2 percentage points
- Largest monthly swing
- April: -7.6 percentage points
ECB Target
Inflation is 2.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 6.3% | -3.0 |
| February | 4.6% | -5.3 |
| March | 4.1% | -6.0 |
| April | 2.3% | -7.6 |
| May | 2.8% | -7.3 |
| June | 4.4% | -4.7 |
| July | 5.6% | -3.8 |
| August | 4.5% | -5.2 |
| September | 3.8% | -5.7 |
| October | 4.2% | -4.0 |
| November | 3.1% | -5.8 |
| December | 3.0% | -4.8 |
| Average | 4.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.