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) 2017 40.94B USD 22.57%
Algeria General Government Final Consumption Expenditure (NSA) 2017 17.29% of GDP -16.79%
Algeria Household Final Consumption Expenditure (NSA) 2016 42.78% of GDP 4.24%
Algeria Imports of Goods and Services (NSA) 2017 61.91B USD 10.35%
Algeria Net Trade in Goods and Services (NSA) 2016 -27.41B USD
Algeria Trade (NSA) 2017 60.37% of GDP 7.28%
Consumer Prices (View all 1)
Algeria Consumer Price Index (NSA) 2017 142.38 5.59%
Algeria Inflation (NSA) 2017 5.59% -12.61%
Employment (View all 1)
Algeria Unemployment Rate (NSA) 2017 10.02% -1.77%
Energy (View all 1)
Algeria Crude Oil Production Aug 2018 1.282M bbl/day -0.77%
Algeria Gas Rig Count Nov 2018 10.00 -9.09%
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) 2017 23.16% 32.59%
GDP (View all 1)
Algeria GDP (NSA) 2017 170.37B USD 7.12%
Algeria GDP Growth (NSA) 2017 1.70% -48.48%
Algeria Real GDP Growth (NSA) 2023 0.50% Chg Yr -28.57%
Governance and Policy (View all 1)
Algeria Profit Tax (NSA) 2017 8.30% 0.00%
Government Assets and Liabilities (View all 1)
Algeria General Government Gross Debt (NSA) 2023 35.70% of GDP -8.46%
Government Receipts and Outlays (View all 1)
Algeria Expenses (NSA) 2011 4.308T DZD 46.82%
Algeria General Government Final Consumption Expenditure (NSA) 2017 17.29% of GDP -16.79%
Algeria Military Expenditure (NSA) 2016 1.118T DZD 6.72%
Algeria Profit Tax (NSA) 2017 8.30% 0.00%
Algeria Tax Revenue (NSA) 2011 5.425T DZD 31.50%
Infrastructure (View all 1)
Algeria Secure Internet Servers (NSA) 2016 3.596 /mil ppl 41.94%
International Transactions (View all 1)
Algeria Exports of Goods and Services (NSA) 2017 40.94B USD 22.57%
Algeria Imports of Goods and Services (NSA) 2017 61.91B USD 10.35%
Algeria Net Trade in Goods and Services (NSA) 2016 -27.41B USD
Military (View all 3)
Algeria Military Expenditure (NSA) 2016 1.118T DZD 6.72%
Population (View all 1)
Algeria Population (NSA) 2023 46.05M 1.60%
Algeria Population Density (NSA) 2017 17.35 1.75%
View and sort all 166 Algeria Indicators
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