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: Italy, Spain, and France
Top 3 Exported Goods: Oil & Mineral Fuels, Oil & Mineral Fuels, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Petroleum; Natural Gas; Light Industries; Mining

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $551,595,934,873 (2014)
GDP Growth Rate (annual %) 4.1% (2014)
GDP Per Capita, PPP (current international) $14,167 (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$) $5,231,264,000 (2013)
Total tax rate (% of commercial profits) 72.7% (2014)
Real Interest Rate (5 year average %) 8.732% (2014)
Manufacturing, value added (% of GDP) 5.618% (2009)
Current Account Balance (BoP, current US$) $869,252,874 (2013)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 12,088,383 (2013)
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 9.8% (2013)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $67,763,140,156 (2014)
Exports of goods and services (current US$) $63,809,960,865 (2014)
Total Merchandise Trade (% of GDP) 56.659% (2014)
FDI, net inflows (BoP, current US$) $1,689,286,299 (2013)
Commercial Service Exports (current US$) $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