Algeria Economic Outlook

  • The economy expanded by 4% in 2014, driven mainly by the recovering oil and gas sector, with further growth of 3.9% forecast in 2015 and 4.0% in 2016.
  • To cope with the drop in oil prices since June 2014, the government has taken various steps, including the possible funding of public investments by local banks.
  • Faced with major disparities in spatial distribution, the biggest country in Africa (2.38 million km²) has a spatial inclusion policy that includes a development strategy and measures to strengthen local government.

Algeria and the AfDB

Since the start of its operations in Algeria in 1971, the Bank Group approved 40 operations for a total cumulative amount of almost UA 2.1 billion.The sector distribution of operations shows that the infrastructure sector (transport, water and sanitation, energy) represents 43 per cent of approvals, followed by programs to support reforms (22 per cent), financial sector and industry (20 per cent), agriculture (11 per cent) and education (four per cent).


Bureau national de l'Algérie

Groupe de la Banque africaine de développement
3 Rue Hamdani Lahcène, Hydra
BP 148
Algiers, Algérie

Tél :  (213) 21 43 53 95
Fax : (213) 21 43 53 92

M. Boubacar Traore, Représentante Résidente

Department North Africa Region

Director North Africa Region, Mr. Jacob Kolster

African Development Bank Group
Immeuble Zahrabed
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia

Tel: (+216) 71102953
Fax: (+216) 71194523


Key Facts

Capital: Algiers
Area: 2,382,000 sq km
Total Population 2013: 39.2 Million
Urban Population 2013: 74.68%
Female Population 2013: 49.44%
GDP: US$ 209.3 Billion
GNI Per Capita 2013: US$ 5,020
Inflation Rate: 3.31%
Crude Birth Rate (per 1000): 24.31%
Human Development Index (rank / 187): 93
Human Development Index (scale 0 to 1): 0.713
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 1.9 Billion

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