The bloc of emerging economies includes Russia, Brazil, India, China and South Africa.
Foreign Ministry official, Leyla Zarruki, said the North African country has requested membership of the economic bloc, the State radio reported.
In July, Algerian President, Abdelmadjid Tebboun signalled willingness to join the bloc, saying BRICS “attracts Algeria’s attention”.
Zarruki said Algeria has finalised all necessary measures for membership, without any further details.
“Joining this group will take Algeria, the pioneer of the Non-Alignment principle, away from the attraction of the two poles,” he said.
The economies of the five BRICS members, which have more than 40 per cent of the world’s population, account for about a quarter of the world’s gross domestic product.