Source
Central bank

Bank of Algeria

International Reserves

USD 87.4 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 180.4 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 657.5 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
3.4% 2.4% 1.6% 3.6% 2.8% 3.4% 2.8%
2014 2015 2016 2017* 2018*    
3.8% 3.7% 3.2% 1.4% 2.1%    

*Estimate

GDP per capita - current prices

USD 4,237.5 (2018, estimate)

GDP per capita - PPP

Intl$ 15,439.9 (2018, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.67% 0.65% 0.52% 0.52% 0.48%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 12.3% 
  • industry: 37.2% 
  • services: 45.6%

(2017 estimate)

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

N/A

 

Inflation
2015 2016 2017 2018* 2019*
4.8% 6.4% 5.6% 4.3% 2%

*Estimate

Unemployment rate
2015 2016 2017* 2018* 2019*
11.2% 10.5% 11.7% 11.7% 12.5%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
8.7% 20.5% 27.3% 38.3% 46.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-15.3% -13.1% -6.6% -4.8% -8.1%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2016 2017 2018
USD 0.41 billion USD 0.35 billion USD 0.37 billion
Largest companies

N/A

 
 
Source
Current account balance

USD -16.7 billion (2018 estimate)

Current account balance by percentage of GDP

-9.6 % (2018 estimate)

Exports as percent of GDP (Exports of goods and services)

22.6% (2017)

Shares in world total merchandising export

0.21% (2018)

Shares in world total commercial services export

0.05% (2018)

Total exports

USD 45.7 billion (2018 estimate)

Export commodities

Petroleum, natural gas, and petroleum products 97% (2009 est.)

Total imports

USD 58.6 billion (2018 estimate)

 
 
Source
Import commodities

Capital goods, foodstuffs, consumer goods

Exports - major partners

Italy 17.4%, Spain 13%, France 11.9%, US 9.4%, Brazil 6.2%, Netherlands 5.5% (2017)

Imports - major partners

China 18.2%, France 9.1%, Italy 8%, Germany 7%, Spain 6.9%, Turkey 4.4% (2017)

FDI inflows
2016 2017 2018
USD 1,637 million USD 1,232 million USD 1,506 million
FDI outflows
2016 2017 2018
USD 46 million USD -3.5 million USD 880 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A USD 25 million USD -73 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

157 out of 190 countries

Subcategories:
Starting a Business: 152 out of 190 countries
Dealing with Construction Permits: 121 out of 190 countries
Getting Electricity: 102 out of 190 countries
Registering Property: 165 out of 190 countries
Getting Credit: 181 out of 190 countries
Protecting Minority Investors: 179 out of 190 countries
Paying Taxes: 158 out of 190 countries
Trading across Borders: 172 out of 190 countries
Enforcing Contracts: 113 out of 190 countries
Resolving Insolvency: 81 out of 190 countries

Global competitiveness ranking

89 out of 141 countries

(2019)

 

Index of Economic Freedom

Ranking: 171 / Score: 46.2 (Repressed)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+1

Total area

2,381,741 sq km

Capital

Algiers

Currency

Algerian dinars (DZD)

Government type

Presidential republic

Languages

Arabic (official), French (lingua franca), Berber or Tamazight (official); dialects include Kabyle Berber (Taqbaylit), Shawiya Berber (Tacawit), Mzab Berber, Tuareg Berber (Tamahaq)

Religions

Muslim (official; predominantly Sunni) 99%, other (includes Christian and Jewish) <1% (2012 est.)

Total population
1990 2000 2010 2015 2020*
25.02 million 30.51 million 35.98 million 39.96 million 44.23 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
30.5% 43.5% 59.9% 72.6%
Population median age

28.3 years 

Population growth rate

1.63% (2018 estimate)

Life expectancy

77.2 years (2018 estimate)

Literacy

Total population: 80.2% 
Male: 87.2% 
Female: 73.1%
Definition: age 15 and over can read and write (2015 est.)

% of population living on less than $3.10 a day

3.9% (last available estimate, 2011)

Inequality of wealth distribution (Gini index)

27.6 (last available estimate, 2011)

Freedom House rating

Not Free
Political Rights: 6
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed: 9.8%

Mobile: 121.9%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

59.58 % (2018)

Mercer Cost of living index

Algiers: 184th (2019)

CO2 emissions

3.74 metric tons per capita (2014)

World's Best Developed & Emerging Markets Banks

World's Best Islamic Financial Institutions

World's Best Global Banks

Best Risk Management Providers - Insurance & Derivatives

World's Best Internet Banks

World’s Best Foreign Exchange Providers

World's Best Banks By Region

World's Best Banks

2013

World’s Best Trade Finance Banks

Best of…

World's Biggest Banks

Additional Awards