Algeria

Algeria Economic Outlook

  • Algeria’s economy continues to register a good performance with real GDP growth estimated at 2.5% in 2012 (from 2.4% in 2011), but that growth could be boosted by enhancing the country’s potential, particularly in natural resources like hydrocarbons, to generate more wealth and employment, especially for young people.

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).

Contacts

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

Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O.Box 323-1002, Tunis-Belvédère, Tunisia

Phone: (+216) 71102065
Fax: (+216) 71330087





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Key Facts

Flag:
Capital: Algiers
Area: 2,382,000 sq km
Total Population 2012: 36.5 Million
Urban Population 2012: 67.67%
Female Population 2012: 49.53%
GDP: US$ 198.2 Billion
GNI Per Capita 2012: US$ 4,470
Inflation Rate: 8.90%
Crude Birth Rate (per 1000): 19.43%
Human Development Index (rank / 187): 93
Human Development Index (scale 0 to 1): 0.713
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 1.9 Billion

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