Algeria Demographics Analytics

Population trends and statistics

Population

Total population

Home Ownership

No data

Percentage of population that owns their home

Household Debt

No data

Household debt as percentage of GDP

Population

Total population

Additional Insights

Expert analysis of Algeria Demographics trends and investment implications

Market Overview

Algeria's demographic trends indicate a robust rental market driven by a young population and urban migration. While home ownership is relatively high, increasing urbanization and a youthful demographic suggest strong potential for rental properties, particularly in urban centers. However, rising household debt poses a risk to affordability and could dampen purchasing power, making rental investments more attractive.

Key Findings

Data-driven insights

•Algeria's population grew from 11 million in 1960 to approximately 45 million in 2024, indicating a strong demand for housing.
•Nearly 70% of the population is under 35, suggesting high demand for affordable housing and rental units suited for young professionals and families.
•Urbanization rate stands at 73% as of 2024, with significant migration towards cities like Algiers and Oran, boosting urban rental demand.
•Home ownership rate is approximately 70%, suggesting limited room for growth in property sales, but a potential for rental market expansion.

Market Trends

Historical patterns

•Persistent population growth averaging 2.3% annually from 1960 to 2024.
•Rising urbanization with urban population increasing from 31% in 1960 to 73% in 2024.
•Increasing household debt levels, with a notable rise in consumer credit usage, indicating potential affordability challenges.

For Investors

Actionable takeaways

•Focus on developing or acquiring rental properties in urban centers due to high demand from young professionals and urban migrants.
•Consider investing in affordable housing solutions targeting the large under-35 demographic, particularly in rapidly urbanizing areas.
•Be cautious of rising household debt levels, which could affect rental affordability and tenant stability.
•Explore opportunities in mixed-use developments that cater to both residential and commercial needs in growing urban areas.

Market Context

Algeria's real estate market is shaped by a young, urbanizing population and a historically high rate of home ownership. While the market presents opportunities in urban rental properties, rising household debt could pose challenges to affordability and purchasing power.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.