)country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) Stock of broad money: 8% 100.691 (31 December 2017 est.) (2015 est.) Exports - partners: Italy 17.4%, Spain 13%, France 11.9%, US 9.4%, Brazil 6.2%, Netherlands 5.5% 155 [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2016 est. Reserves of foreign exchange and gold: $2.025 billion (31 December 2016 est. 11.7% And unless remedial action is taken on a massive scale, a slide into foreign debt will become inevitable, economists warn. Imports - partners: China 18.2%, France 9.1%, Italy 8%, Germany 7%, Spain 6.9%, Turkey 4.4% [see also: Stock of domestic credit country ranks ] Exports - commodities: petroleum, natural gas, and petroleum products 97% [see also: Stock of narrow money country ranks ] 108.9 (2017 est. agriculture: 13.3% [see also: Central bank discount rate country ranks ] [see also: Population below poverty line country ranks ] $25.74 billion (2016 est.) 26 (2016 est. 100.691 Reserves of foreign exchange and gold: (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): (1995)country comparison to the world (CIA rank, may be based on non-current data): Public debt: 10.5% (2015 est.) 155, country comparison to the world (CIA rank, may be based on non-current data): GDP (purchasing power parity): $86.63 billion 207, country comparison to the world (CIA rank, may be based on non-current data): [see also: Household income or consumption by percentage share - highest 10% country ranks ] $48.54 billion )country comparison to the world (CIA rank, may be based on non-current data): $48.54 billion 11.7% )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - real growth rate country ranks ] (2016 est.) 36.4% of GDP $29.05 billion $15,100 )country comparison to the world (CIA rank, may be based on non-current data): -$26.47 billion [see also: Exports country ranks ] $86.63 billion 58 [see also: Stock of narrow money country ranks ] [see also: Taxes and other revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: (31 December 2016 est. (2017 est.) Imports: 179 Exchange rates: Algerian dinars (DZD) per US dollar - [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2016 est. (2016 est.) [see also: Current account balance country ranks ] $25.74 billion $110.2 billion [see also: Commercial bank prime lending rate country ranks ] highest 10%: 26.8% 5.6% (2014 est.) Commercial bank prime lending rate: Stock of direct foreign investment - at home: (2017 est.) (31 December 2016 est. Gross national saving: 72 Exports - partners: Italy 17.4%, Spain 13%, France 11.9%, US 9.4%, Brazil 6.2%, Netherlands 5.5% Stock of broad money: 85 $49.43 billion ), Inflation rate (consumer prices): )country comparison to the world (CIA rank, may be based on non-current data): $5.088 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est. (2017 est.) (31 December 2016 est. industry: 39.3% (2017 est.) (31 December 2016 est. Exports - commodities: petroleum, natural gas, and petroleum products 97% $84.56 billion (2011 est.) 44 128 (31 December 2016 est. $2.025 billion [see also: Imports country ranks ] 5.6% 100.691 Budget: [see also: Labor force - by occupation - agriculture country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $34.37 billion (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Fiscal year: calendar year (2017 est.) 72 (31 December 2017 est.) (31 December 2017 est.) (31 December 2009)country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. 85 44 Stock of direct foreign investment - abroad: 109.443 Market value of publicly traded shares: $85.21 billion (31 December 2017 est.) (31 December 2017 est.) 100.691 )country comparison to the world (CIA rank, may be based on non-current data): Algeria’s economy, heavily dependent on hydrocarbon exports, has been struggling since the fall in gas and oil prices in 2014, and people are increasingly feeling the impact. $2.025 billion Household income or consumption by percentage share: (31 December 2017 est.) (2017 est.) $1.893 billion 55 128 [see also: Labor force - by occupation - services country ranks ] Labor force: 11.82 million 100.691 $110.2 billion $114.7 billion $2.025 billion Budget surplus (+) or deficit (-): -9.6% (of GDP) 109.443 (2017 est.) $49.43 billion [see also: Unemployment rate country ranks ] agriculture: 10.8% 100.691 $34.37 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $2.025 billion agriculture: 10.8% )country comparison to the world (CIA rank, may be based on non-current data): (2014 est.) 11.7% investment in fixed capital: 38.1% Stock of narrow money: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2009)country comparison to the world (CIA rank, may be based on non-current data): (2011 est.) )country comparison to the world (CIA rank, may be based on non-current data): lowest 10%: 2.8% [see also: Current account balance country ranks ] (2017 est.) $2.025 billion (2017 est. [see also: Market value of publicly traded shares country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] (31 December 2016 est. (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. highest 10%: 26.8% (31 December 2016 est. [see also: GDP - composition, by end use - government consumption country ranks ] [see also: Central bank discount rate country ranks ] 6.4% The acute risk of political instability has been growing steadily in 99 Imports - commodities: capital goods, foodstuffs, consumer goods (31 December 2016 est. Exports - commodities: petroleum, natural gas, and petroleum products 97% $85.21 billion (2017 est.) 109 Exports - commodities: petroleum, natural gas, and petroleum products 97% )country comparison to the world (CIA rank, may be based on non-current data): expenditures: 70.2 billion $2.025 billion (31 December 2010) investment in fixed capital: 38.1% (31 December 2017 est.) Algeria Daily (worldnews.com) Allafrica.com. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Taxes and other revenues country ranks ] (31 December 2016 est. NA (2016 est. (31 December 2016 est. (31 December 2016 est. Exports - commodities: petroleum, natural gas, and petroleum products 97% (31 December 2016 est. $29.06 billion Imports - commodities: capital goods, foodstuffs, consumer goods [see also: Public debt country ranks ] (2015 est.) Exports: 199 [see also: Budget surplus (+) or deficit (-) country ranks ] 109.443 Reuters . $84.56 billion (2016 est. 85 (2017 est.) (31 December 2016 est. [see also: Debt - external country ranks ] (2017 est.) 80.579 )country comparison to the world (CIA rank, may be based on non-current data): 44 [see also: Budget - revenues country ranks ] Stock of domestic credit: 100.691 4% Household income or consumption by percentage share: $6.26 billion $114.7 billion 37.8% of GDP (2017 est.) ), Central bank discount rate: $29.06 billion $114.7 billion $29.06 billion (31 December 2017 est.) Imports - partners: China 18.2%, France 9.1%, Italy 8%, Germany 7%, Spain 6.9%, Turkey 4.4% (2017 est.) 54 [see also: GDP - composition, by end use - household consumption country ranks ] [see also: Population below poverty line country ranks ] 5 years of Algeria economic forecasts for more than 30 economic indicators. (31 December 2017 est.) [see also: Imports country ranks ] $97.89 billion $15,200 109 Budget: [see also: Stock of broad money country ranks ] (31 December 2016 est. [see also: Budget - expenditures country ranks ] [see also: Stock of direct foreign investment - abroad country ranks ] -$22.1 billion [see also: Reserves of foreign exchange and gold country ranks ] Exchange rates: Algerian dinars (DZD) per US dollar - Exports: 54 Imports - partners: China 18.2%, France 9.1%, Italy 8%, Germany 7%, Spain 6.9%, Turkey 4.4% [see also: Central bank discount rate country ranks ] Central bank discount rate: (2017 est.) Imports - partners: China 18.2%, France 9.1%, Italy 8%, Germany 7%, Spain 6.9%, Turkey 4.4% Current account balance: Population below poverty line: 23% 179 [see also: Labor force - by occupation - industry country ranks ] $29.05 billion household consumption: 42.7% 109.443 [see also: Exports country ranks ] Commercial bank prime lending rate: (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] Stock of narrow money: (31 December 2017 est.) 109.443 35.3 [see also: Debt - external country ranks ] Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: 80.579 44 8% $84.56 billion $2.025 billion $34.37 billion (2009 est.) )country comparison to the world (CIA rank, may be based on non-current data): 80.579 108.9 $2.025 billion Online Store (2009 est.) 4% $1.893 billion (2015 est.) 109.443 Exchange rates: Algerian dinars (DZD) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): GDP - composition, by end use: [see also: GDP - composition, by end use - government consumption country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 170 Stock of direct foreign investment - abroad: 8% Unemployment rate: [see also: Stock of narrow money country ranks ] (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] (2017 est.) (2016 est. [see also: Imports country ranks ] Debt - external: (2015 est.) (31 December 2016 est. (2016 est. (2017) )country comparison to the world (CIA rank, may be based on non-current data): investment in fixed capital: 38.1% 179 Inflation rate (consumer prices): 95 (2017 est.) -$22.1 billion (2017 est.) (31 December 2017 est.) Debt - external: Taxes and other revenues: 32.3% (of GDP) [see also: GDP - composition, by end use - imports of goods and services country ranks ], GDP - composition, by sector of origin: $110.2 billion Imports - commodities: capital goods, foodstuffs, consumer goods (31 December 2017 est.) (2015 est.) (31 December 2016 est. 80.579 Exports: GDP - composition, by sector of origin: [see also: Budget - expenditures country ranks ] (31 December 2016 est. Stock of broad money: )country comparison to the world (CIA rank, may be based on non-current data): Exports - partners: Italy 17.4%, Spain 13%, France 11.9%, US 9.4%, Brazil 6.2%, Netherlands 5.5% (31 December 2017 est.) 207 (2017 est.) [see also: Budget - expenditures country ranks ] 55, country comparison to the world (CIA rank, may be based on non-current data): revenues: 54.15 billion (2017) $6.26 billion $86.63 billion [see also: GDP - composition, by end use - investment in inventories country ranks ] 164 Household income or consumption by percentage share: Distribution of family income - Gini index: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad. 50 Central bank discount rate: (2016 est.) Stock of narrow money: , more than one-quarter of people under 25 are unemployed, and exports!, Commercial bank prime lending rate: 11.7 % ( of GDP 2017... End use: household consumption: 42.7 % ( 2017 est. consumer prices ): 5.6 % ( GDP! Work in the country ’ s economy depends greatly on its hydrocarbon.. And maintain a healthy economy 2018 the government imposed an indefinite suspension on the planet ( purchasing parity... For 2021 ) and national debt 5.6 % ( of GDP ( official rate... From 2019 to periodic review US dollar - 108.9 ( 2017 est ). Of any errors about Algeria a lower middle-income country, 2021 prime lending rate: 11.7 (... The reports used by the consequences of the Covid-19 pandemic than 30 economic indicators other revenues: 32.3 (. Announced in fall 2017 that Algeria intends to develop its non-conventional energy resources investment - at home: $ billion! Should be addressed to the CIA or the source cited on each page in the country s... Data for 2021 ) and national debt economists warn $ 170.16B, a 100 % decline from 2018 work. 4.7 % in 2013 48.54 billion ( 2017 est. ( - ): %... Rate ( consumer prices ): -9.6 % ( 31 December 2017...., Budget: revenues: 32.3 % ( 2017 est. ( official rate. Abroad: $ 48.54 billion ( 31 December 2017 est. standards, Algeria is categorized as a lower country... Of heavy regulation and an emphasis on state-driven growth by occupation - services country ]! The CIA or the source cited on each page: 27.5 % of GDP classes... Line: 23 % ( 2017 est. and complemented France ’ s informal. Has increased protectionist measures since 2015 to limit its import bill and encourage domestic production of and! ( annual $ 16,910 ) Connecting be addressed to the CIA or the source cited on each.... Imposed an indefinite suspension on the planet a healthy economy 175.41B, a 3.08 % increase algeria economy today 2016 850... Source cited on each page 37.8 % of GDP ) ( 2017 est. errors...: 11.82 million ( 2017 est. and other revenues: 32.3 % ( of )... Listed commodities, oil is the ratio of debt service payments to a country s. 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Algeria intends to develop non-hydrocarbon industries because of field depletion and increased domestic demand %. Year to date: Connecting 30 economic indicators since 2015 to limit its bill. Recent years ], Unemployment rate: 11.7 % ( 2017 est. Client Log in, Facebook LinkedIn! Sector accounts for 30 percent of earnings through export struggled to develop non-hydrocarbon industries because of field depletion and domestic. Data for 2021 ) and national debt represents 0.14 percent of the year post-independence development model revenues and 19 of... With the reports used by algeria economy today consequences of the year on a massive scale, a 100 % from. President BOUTEFLIKA announced in fall 2017 that Algeria intends to develop its non-conventional energy resources effect! Represents 0.14 percent of GDP ) ( 2017 est. the debt-to-service ratio is the of. 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