Algeria GDP Data & Country Report

Algeria Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Algeria; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Bank of Algeria

International Reserves

US$ 170.461 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 192.384 billion (2009 estimate)

GDP (Purchasing Power Parity)

263.321 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
2.2%	2.7%	4.7%	6.9%	5.2%	5.1%	2%	3%
2008	2009	2010	2011*
2.4%	2.4%	3.3%	3.6%

*Estimate

GDP per capita - current prices

US$ 5,245 (2009 estimate)

GDP per capita - PPP

$7,180 International Dollars (2009 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.42%	0.41%	0.33%	0.34%	0.33%

**Forecast

GDP - composition by sector

agriculture: 8.4%
industry: 61.2%
services: 30.4% (2009 estimate)

(Data released on November 2010)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
4.9%(2008)	5.7%	4.3%	5%

*Estimate

Unemployment rate

2008	2009	2010	2011*
11.3%	10.2%	10%(2009)	9.8%

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
N/A	N/A	N/A	N/A	N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
6.2%	9.1%	-5.3%	-9.9%	-8.4%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Algeria

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ 34.3 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

17.8% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

40.4% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.37%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.09%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$52.66 billion f.o.b. (2010 estimate)

Export commodities

petroleum, natural gas, and petroleum products 97%

Total imports

US$36.87 billion f.o.b.(2008 estimate

Import commodities

capital goods, foodstuffs, consumer goods

Exports - major partners

US 29.4%, Italy 13.8%, Spain 9.6%, Canada 8.4%, France 7.4%, Netherlands 5% (2007)

Imports - major partners

France 18.7%, China 9%, Italy 8.5%, Spain 6%, US 5.5%, Germany 5.3%, Russia 4.6%, Turkey 4.1% (2007)

FDI inflows

2008	2009	2010
US$2,594 million	US$2,761 million(2009)	US$2,291 million(2009)

FDI outflows

2008	2009	2010
US$318 million	US$215 million	US$226 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 136 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 150 out of 183 countries(2009)

Registering property: 165 out of 183 countries

Paying Taxes: 168 out of 183 countries

Getting credit: 138 out of 183 countries

Protecting investors: 74 out of 183 countries

Trading across border: 124 out of 183 countries

Enforcing Contracts: 127 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 132 Score: 52.4 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+1

Total area

2,381,741 km² (2006)

Capital

Algiers (2009)

Currency

Algerian dinars (DZD) (2009)

Government type

republic (2009)

Languages

Arabic (official), French, Berber dialects

Religions

Sunni Muslim (state religion) 99%, Christian and Jewish 1%

Total population

1980	1990	2000	2010*	2015**
18.67 million	25.02 million	30.42 million	35.5 million	38.25 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
30.5%	43.5%	59.8%	65.9%

Population median age

24.0 years (2006)

Population growth rate

1.5% (2009)

Life expectancy

72 years (2007)

Adult literacy

75% (2000/2007)

% of population living on less than $2 a day

23.60% (2011)

Inequality of wealth distribution (Gini index)

35.3 (1995)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:5 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

100.66% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

12.5% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Algiers: 132nd (2011)

CO2 emissions
(Metric tons of CO2 per capita)

3.2381 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2011:

COUNTRY WINNERS Al-Salam Bank Algeria (National, 2011)

2010:

COUNTRY WINNERS Al-Salam Bank Algeria (National, 2010)

2009:

COUNTRY WINNERS Banque Al-Baraka d'Algérie (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2011:

COUNTRY WINNERS Arab Banking Corporation Algeria (National, 2011)

2010:

COUNTRY WINNERS Arab Banking Corporation Algeria (National, 2010)

2009:

COUNTRY WINNERS Arab Banking Corporation Algeria (National, 2009)

WORLD'S BIGGEST BANKS

2010:

WORLD'S BIGGEST BANKS Banque Extérieure d’Algérie (Africa, 2010)
BIGGEST BANKS IN AFRICA Banque Nationale d’Algérie (Africa, 2010)

TOP 200 EMERGING MARKETS BANKS

2010:

OVERALL BIGGEST Banque Extérieure d’Algérie (Global, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011:

COUNTRY WINNERS Citi (National, 2011)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Algeria GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2011:

2010:

2009:

WORLD'S BEST EMERGING MARKET BANKS

2011:

2010:

2009:

WORLD'S BIGGEST BANKS

2010:

TOP 200 EMERGING MARKETS BANKS

2010:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011: