Algerias GDP (PPP) is estimated at $628.6 billion in 2025. As a major oil and gas producer, hydrocarbons dominate, contributing over 95% of export revenues. The PPP adjustment reflects a lower cost of living, enhancing GDP compared to nominal figures. High dependence on energy exports exposes Algeria to global price volatility, while unemployment, especially among youth, and bureaucratic inefficiencies hinder growth. Recent reforms aim to attract foreign investment, but political instability and regulatory barriers limit diversification into non-energy sectors like agriculture and manufacturing.
World Bank purchasing power parity GDP economic data as of July 2025.