Algeria’s foreign direct investment was minimal through the 1990s, with inflows staying below $1 billion until 2001. The 2000s marked a shift, with FDI rising steadily to reach a high of $2.75 billion in 2009. This upward trend reflected a period of investor confidence and economic openness.
However, in 2015, Algeria recorded its only FDI outflow, a negative figure of -$580 million, signalling a year of capital withdrawal. Despite this drop, the country quickly regained momentum, bringing inflows back to over $1.6 billion in 2016 and maintaining stable values through 2020.
Post-2020, inflows weakened again, bottoming out at just $250 million in 2022. The country managed a partial recovery by 2024, ending the period with $1.44 billion in FDI. Overall, while growth has been uneven, Algeria’s FDI story reflects long-term improvement, from a near-zero base in the 1990s to substantial inflows in recent years.
