62 Days
Source:
AL24 News
Algeria Strengthens Position in World Bank Upper-Middle-Income Country Category
The World Bank Group has clarified that Algeria has maintained its classification as an upper-middle-income country for the third consecutive year, with a per capita gross national income of $5,850 in 2025, compared to $5,370 in 2024. This classification reflects improved economic growth, increased public investment, and better governance of public finances, which has led Algeria to move from the lower-middle-income to the upper-middle-income category. Algeria and Libya are the only North African countries classified within this category.
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