Middle East and North Africa

Algeria
Last reviewed: 17 July 2009

Country information

Algeria today
Economy
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ECONOMY

Basic economic facts

GDP: US $ 132 billion (2008)
GDP per capita: US $3850 (2008)
Annual GDP Growth: 5.3% (2008)
Inflation, GDP deflator, annual percentage: 4% (2008)
Source: Various (Including Customs, Trade and Statistics Office and International publications)
Major Industries: Petroleum, natural gas, light industries, mining, electrical, petrochemical, food processing, security, construction, pharmaceuticals and agribusiness.
Major trading partners: France, Italy, USA, Germany
Exchange rate: £1=116 Dinars, $1=71.5 Dinars. (July 2009)