Algeria Economy

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Algeria is a republic in the Maghreb region of Northwest Africa which borders the Mediterranean. According to 2011 estimates, Algeria had a nominal GDP of $190.709 billion, putting it at 47th in the world. The economy of Algeria relies heavily on it's fossil fuel energy sector which represents over 30 percent of GDP and over 95 percent of export earnings. This is largely fueled by large, proven oil and natural gas reserves. Other industries have fared far less well and efforts by the government to stimulate other sectors have met with little success.

Major Algeria Indicators

Period Value % Chg Prev
Components of GDP (View all 1)
Algeria Exports of Goods and Services (NSA) 2018 44.52B USD 17.37%
Algeria General Government Final Consumption Expenditure (NSA) 2018 17.31% of GDP -10.09%
Algeria Household Final Consumption Expenditure (DISCONTINUED) (NSA) 2016 42.78% of GDP 4.24%
Algeria Imports of Goods and Services (NSA) 2018 56.20B USD 1.06%
Algeria Net Trade in Goods and Services (NSA) 2017 -22.56B USD
Algeria Trade (NSA) 2018 57.96% of GDP 3.73%
Consumer Prices (View all 1)
Algeria Consumer Price Index (NSA) 2019 151.36 1.95%
Algeria Inflation (NSA) 2019 1.95% -54.29%
Employment (View all 1)
Algeria Unemployment Rate (NSA) 2019 11.70% -1.50%
Energy (View all 1)
Algeria Crude Oil Production Mar 2020 1.27M bbl/d 1.60%
Algeria Gas Rig Count May 2020 12.00 -25.00%
Environment (View all 1)
Algeria CO2 Emissions (NSA) 2014 145400.2 kt 8.13%
Financial Services Sector Assets and Liabilities (View all 1)
Algeria Bank Liquid Reserves to Bank Assets Ratio (NSA) 2019 17.46% -24.08%
GDP (View all 1)
Algeria GDP (NSA) 2018 173.76B USD 3.80%
Algeria GDP Growth (NSA) 2018 1.40% 7.69%
Algeria Real GDP Growth Outlook (NSA) 2021 6.20% Chg Yr
Governance and Policy (View all 1)
Algeria Profit Tax (NSA) 2019 8.10% 0.00%
Government Assets and Liabilities (View all 1)
Algeria General Government Gross Debt Outlook (NSA) 2024 58.50% of GDP 5.22%
Government Receipts and Outlays (View all 1)
Algeria Expenses (NSA) 2011 4.308T DZD 46.82%
Algeria General Government Final Consumption Expenditure (NSA) 2018 17.31% of GDP -10.09%
Algeria Military Expenditure (NSA) 2018 1.118T DZD 0.00%
Algeria Profit Tax (NSA) 2019 8.10% 0.00%
Algeria Tax Revenue (NSA) 2011 5.425T DZD 31.50%
Infrastructure (View all 1)
Algeria Secure Internet Servers (NSA) 2019 50.03 /mil ppl -26.00%
International Transactions (View all 1)
Algeria Exports of Goods and Services (NSA) 2018 44.52B USD 17.37%
Algeria Imports of Goods and Services (NSA) 2018 56.20B USD 1.06%
Algeria Net Trade in Goods and Services (NSA) 2017 -22.56B USD
Military (View all 3)
Algeria Military Expenditure (NSA) 2018 1.118T DZD 0.00%
Population (View all 1)
Algeria Population Density (NSA) 2018 17.73 Ppl/kmĀ² 2.03%
Algeria Population Outlook (NSA) 2024 47.29M 1.57%
View and sort all 171 Algeria Indicators

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