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TOOL · GROSS COST

How much would a basic income cost in Algeria?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 32,019,804child population 14,144,415year 2023World Bank WDI

GROSS ANNUAL COST

375,283 million

in DZDDZD 375,283,310,400

Equal to 1.1% of reference GDP

Population covered: 46,164,219 people

Adults: 32,019,804 × DZD 800 × 12 = DZD 307,390,118,400

Children: 14,144,415 × DZD 400 × 12 = DZD 67,893,192,000

DZD 307,390,118,400 + DZD 67,893,192,000 = DZD 375,283,310,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $247,923,887,215 · World Bank WDI

Currency DZD · exchange rate 135.8429 DZD/USD (2023)

Converted cost $2,762,626,669 for the GDP share.