Key data points
Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
8.10 % on Jun 30, 2021
Lowest
−10.20 % on Jun 30, 2020
About Algeria GDP YoY
Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. To insulate the Algerian economy from volatility in gas & oil prices, the stabilization fund was set up in 2000, which currently have under management more than 50 billion dollars. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy.