Algeria: Economy

Economic Trivia

Algeria has the world's tenth largest natural gas reserves, and is the sixth largest exporter of gas.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Spain, Italy, and France
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Inorganic Chemicals , and Fertilizers

Top Industries Source: CIA World Factbook

Petroleum; Natural Gas; Light Industries; Mining

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $552,609,735,401 (2014)
GDP Growth Rate (annual %) 3.8% (2014)
GDP Per Capita, PPP (current international) $14,193 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 32/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.916% (2014)
External debt stocks, total (DOD, current US$) $5,231,264,000 (2013)
Total tax rate (% of commercial profits) 72.7% (2015)
Real Interest Rate (5 year average %) 8.732% (2014)
Manufacturing, value added (% of GDP) 5.618% (2009)
Current Account Balance (BoP, current US$) ($9,681,571,275) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 12,355,028 (2014)
Employment in Agriculture (% of total employment) 10.8% (2011)
Employment in Industry (% of total employment) 30.9% (2011)
Employment in Services (% of total employment) 58.4% (2011)
Unemployment Rate 9.5% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $68,285,838,618 (2014)
Exports of goods and services (current US$) $65,185,667,233 (2014)
Total Merchandise Trade (% of GDP) 56.804% (2014)
FDI, net inflows (BoP, current US$) $1,504,685,496 (2014)
Commercial Service Exports (current US$) $3,840,349,463 (2013)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Algeria’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary