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Algeria

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).

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Algeria Economic Outlook

Real GDP growth fell from 3.3% in 2016 to an estimated 2.5% in 2017. The decline is attributable to lower public investment due to declining government resources, despite stable growth in oil and gas since 2015. Projected growth for 2018 (3.5%) and 2019 (3.8%) suggests a return to levels comparable to those prior to 2017, due in part to fiscal consolidation, external rebalancing, continued recovery in oil and gas, and higher public spending. Inflation reached an estimated 5.3% in 2017 and is projected to fall to 4.5% in 2018 and 4% in 2019.

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Key Facts

Flag:
Capital: Algiers
Area: 2,382,000 sq km
Total Population 2017: 41.1 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 170.3 Billion
GNI Per Capita 2015: US$ 4,870
Inflation Rate: 3.98%
Crude Birth Rate (per 1000): 22.10%
Human Development Index (rank / 188): 83
Human Development Index (scale 0 to 1): 0.745
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016): UA 2.6 Billion

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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, Représentant Résident

Regional Development, Integration and Business Delivery Office (RDIB)

Director General, Mr. Mohamed El Azizi

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

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