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Algeria At-A-Glance

For the past 10 years, the partnership between the World Bank and Algeria has been based on advisory services, consisting of two cycles of Reimbursable Advisory Services running from 2011 to 2015 and 2016 to 2020. The current technical assistance projects, through advisory and analytical services and Trust Fund operations, seek to boost growth through economic diversification and promote sustainable development.

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Algeria¡¯s Economic Outlook

Algeria¡¯s economic growth remained dynamic in 2023, with GDP recording a 4.1 percent increase, driven by robust performance in the nonhydrocarbon and hydrocarbon sectors. Economic activity was stimulated by dynamic private consumption and strong investment growth, fueling a marked increase in imports.

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    Ahmadou Moustapha Ndiaye MENA-220
    Ahmadou Moustapha Ndiaye

    World Bank Country Director for the Maghreb and Malta

    Kamel Braham
    Kamel Braham

    ľ¹ÏÓ°Ôº¡¯s Resident Representative for Algeria

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    • ALGERIA ECONOMIC UPDATE ¡ª FALL 2024
      Nov 18, 2024

      Algeria Economic Update, Fall 2024

      Algeria¡¯s economy grew by 3.9% in the first half of 2024 and inflation eased to 4.3 percent. Lower hydrocarbon exports, higher imports, and rising public spending reduced the current account surplus and increased the ...

    • MEU MENA October 2024
      Oct 16, 2024

      The MENA region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty. This edition also includes an update on the economic impacts of the conflict in the Middle East.

    • Algeria Economic Update: Investing in Data Key for Diversified Growth ¡ª Spring 2024
      May 22, 2024

      Algeria¡¯s economic growth remained dynamic in 2023, with GDP recording a 4.1 percent increase, driven by robust performance in the nonhydrocarbon and hydrocarbon sectors.

    • Cover-page. MEU_April_2024
      Apr 15, 2024

      MENA Economic Update, April 2024

      According to the report, MENA economies are expected to return to low growth akin to the decade prior to the pandemic. MENA¡¯s gross domestic product (GDP) is forecast to rise to 2.7% in 2024, which is a tepid increase ...

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    In Algiers
    Salim Gora