Algeria GDP growth rate

Algeria GDP growth rate

Algeria economy growth rate from 2000 to today. GDP growth (annual %). World Bank and OECD national accounts data.

Algeria’s economy has shown moderate growth, with projections indicating a steady increase in GDP. The country’s economic performance is supported by its significant oil and gas exports, which constitute a large portion of its revenue. Efforts to diversify the economy and reduce dependence on hydrocarbons are ongoing, with initiatives in sectors like agriculture and manufacturing.