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) 2020 24.81B USD -36.41%
Algeria General Government Final Consumption Expenditure (NSA) 2020 19.63% of GDP 15.85%
Algeria Imports of Goods and Services (NSA) 2020 40.85B USD -18.35%
Algeria Net Trade in Goods and Services (NSA) 2019 -15.94B USD
Algeria Trade (NSA) 2020 45.23% of GDP -13.06%
Consumer Prices (View all 1)
Algeria Consumer Price Index (NSA) 2020 155.02 2.42%
Algeria Inflation (NSA) 2020 2.42% 23.74%
Employment (View all 1)
Algeria Unemployment Rate (NSA) 2020 12.83% 8.64%
Energy (View all 1)
Algeria Crude Oil Production Jun 2021 1.125M bbl/d 1.35%
Algeria Gas Rig Count Sep 2021 3.00 0.00%
Environment (View all 1)
Algeria CO2 Emissions (NSA) 2018 151670.0 kt 4.53%
Financial Services Sector Assets and Liabilities (View all 1)
Algeria Bank Liquid Reserves to Bank Assets Ratio (NSA) 2020 14.57% -16.53%
GDP (View all 1)
Algeria GDP (NSA) 2020 145.16B USD -15.19%
Algeria Real GDP YoY (NSA) 2020 -5.48%
Algeria Real GDP YoY Outlook (NSA) 2026 1.10% 10.00%
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) 2026 110.7% of GDP 7.58%
Government Receipts and Outlays (View all 1)
Algeria Expenses (NSA) 2011 4.308T DZD 46.82%
Algeria General Government Final Consumption Expenditure (NSA) 2020 19.63% of GDP 15.85%
Algeria Military Expenditure (NSA) 2019 1.23T DZD 9.99%
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) 2020 48.03 /mil ppl -4.01%
International Transactions (View all 1)
Algeria Exports of Goods and Services (NSA) 2020 24.81B USD -36.41%
Algeria Imports of Goods and Services (NSA) 2020 40.85B USD -18.35%
Algeria Net Trade in Goods and Services (NSA) 2019 -15.94B USD
Military (View all 3)
Algeria Military Expenditure (NSA) 2019 1.23T DZD 9.99%
Population (View all 1)
Algeria Population Density (NSA) 2020 18.41 Ppl/kmĀ² 1.85%
Algeria Population Outlook (NSA) 2026 48.72M 1.51%
View and sort all 177 Algeria Indicators

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