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Algeria

Profile

Algeria_map_527x286px Algeria+flag President_Abdelaziz_Bouteflika
Algeria
Leader
President Abdelaziz Bouteflika

Algeria country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 171.5 137.1 161.2 199.3 204.3 206.1 219.5
GDP per capita ($) 4,944 3.886 4.481 5.428 5.448 5.438 5.671
Real GDP growth (annual change, %) 2.4 1.6 3.6 2.8 3.3 2.7 4.3
Government revenue (% of GDP) 47.0 36.9 36.6 39.9 40.4 37.5 36.1
Government total expenditure (% of GDP) 37.9 42.3 37.0 40.3 44.6 37.4 37.5
Total government debt (gross, % of GDP) 8.8 10.8 11.7 9.9 9.6 9.2 9.7
Current account balance (% of GDP) 20.1 0.3 7.5 9.9 6.0 0.4 0.5
Value of oil imports 0 0 0 0 0 0 0
Value of oil exports 77.2 44.4 56.1 71.7 70.6 68.8 65.5
Inflation (%) 4.9 5.7 3.9 4.5 8.9 3.3 4.0
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014

Algeria trends

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Middle East contracts awarded August 2014

Middle East contracts awarded: August 2014 Subscription

14 October 2014

Over $3bn of contracts awarded in August in the Middle East

Algeria projects by sector and project status

Algeria sets ambitious targets Subscription

2 October 2014 | By Richard Nield

The government’s new five-year plan envisages an acceleration of growth, but delivering projects on time and to budget remains a challenge

Norway's Statoil and UK/Dutch Shell have been awarded an exploration licence for Algeria’s Timissit block, an area with shale gas potential

Statoil and Shell awarded acreage in Algeria Subscription

1 October 2014 | By

Award hailed as opportunity to test potentially large shale play

Promising development: Amman is now studying a proposal to issue its first Islamic bond

Wider Middle East ripe for Islamic finance Subscription

18 September 2014 | By Richard Nield

Sharia-compliant banking has yet to take off across most of the Levant and North Africa. But growing support from governments could soon lead to a boom in demand

Algeria oil and gas fields

Algeria prepares for upcoming oil and gas licensing round Subscription

31 August 2014 | By

With better incentives for foreign firms, Algiers is hoping this next licensing round will generate more enthusiasm

Licensing blocks

Lebanon’s oil and gas potential remains untapped amid Tension Subscription

31 August 2014 | By

Political disputes are likely to further delay Lebanon’s first offshore licensing round

Middle East contracts awarded July 2014

Middle East contracts awarded: July 2014 Subscription

11 August 2014

Over $8bn of contracts were awarded in July in the Middle East

Filter Algeria analysis by sector

MEED comment

In Amenas gas facility in Algeria

Ukraine’s crisis is Algeria’s opportunity Subscription

7 August 2014 | By

Tensions between Europe and Russia revive a long-stalled gas project, but enthusiasm may turn out to be short-lived

Steel

Qatar committed to Algeria plant Subscription

30 January 2014 | By

Joint-venture partners press ahead with $3.2bn steel facility and open doors for other investors

More MEED commentary

Special reports

The stark contrast between Algeria's World Cup celebrations and the independence day celebrations says much about popular disaffection with politics in the country

Algeria: A quiet discontent

7 August 2014 | By

Unifying World Cup euphoria subsides as Algerians return to a far-from-unified reality

More Algeria special reports

Market presentations

Middle East Outlook 2013

A region in transition: Middle East outlook 2013 and beyond Subscription

18 August 2013

Insight and analysis on the economic and projects outlook for the Middle East

Abu Dhabi petrochemicals plant

Future developments in Middle East petrochemicals Subscription

26 March 2012

MEED’s exclusive subscriber-only online seminar on the petrochemicals sector in MENA outside of the GCC

More MEED webinars

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 East-West Motorway Highway: Package 3 Transport 5,340
2 Jijel to El Eulmal Highway Link Transport 1,960
3 Oued Tlelat to Akid Abbes Phase 1 Transport 1,815
4 Oued Tlelat to Akid Abbès: Phase 2 Transport 1,633
5 Midstream Pipeline Network: Package 3 (GZ5) Gas 1,500
5 Algiers Grand Mosque Construction 1,500
7 Reilzane - Tiaret - Tissem Railway Line Transport 1,300
8 Bejaia to El Ahnif Highway Transport 1,200
8 In Salah Gas Compression Project:Southern Gas Fields Gas 1,200
10 Ras Djinet CCGT Power Plant Power 1,100
10 Souk Tleta Dam Water 1,100
10 Anesrif - Laghouat to Djelfa Railway Transport 1,100
Click through to the full data table on Algeria's biggest projects in construction
Click through to MEED's Q2 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: September 2014; All projects are in execution

Tenders & project awards

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Middle East contracts awarded August 2014

Middle East contracts awarded: August 2014 Subscription

14 October 2014

Over $3bn of contracts awarded in August in the Middle East

Oil

Algeria awards four out of 31 exploration licences Subscription

2 October 2014 | By

Licensing round is fourth in a row to see little enthusiasm from oil companies

Norway's Statoil and UK/Dutch Shell have been awarded an exploration licence for Algeria’s Timissit block, an area with shale gas potential

Statoil and Shell awarded acreage in Algeria Subscription

1 October 2014 | By

Award hailed as opportunity to test potentially large shale play

CB&I Lummus wins Algeria gas field design contract

CB&I Lummus wins Algeria gas field design Subscription

28 September 2014 | By

Ain Tsila contract awarded by Groupement Isarene

fertilisers

KBR wins Algerian fertiliser contract Subscription

17 September 2014 | By

Fertial awards US engineering firm design contract to overhaul ammonia plants

Algiers

Arab Contractors wins $180m in Algeria contracts Subscription

21 August 2014 | By

Egyptian firm is awarded three major industrial zone projects

Middle East contracts awarded July 2014

Middle East contracts awarded: July 2014 Subscription

11 August 2014

Over $8bn of contracts were awarded in July in the Middle East

Sonatrach signs $600m contract with Dodsal

Sonatrach signs $600m contract with Dodsal Subscription

23 July 2014 | By

Dubai-based engineering firm to build gas compression and reinjection facilities near Hassi Messaoud

Spanish consortium wins Algeria road work

Spanish consortium wins Algeria road work Subscription

16 July 2014

Contract covers 380 kilometres of East-West highway

Filter Algeria tenders by sector

All companies

Naftal Subscription

Naftal of Algeria sells, markets and distrubutes petroleum and petroleum based products

Agence Nationale des Autoroutes Subscription

The Agence Nationale des Autoroutes (ANA) is responsible for the design, development and construction of highway infrastructure projects in Algeria

See all company profiles

People

Abdelaziz Bouteflika Subscription

7 January 2014

Abdelaziz Bouteflika is President, Algeria

Hassiba Mokraoui Subscription

22 October 2013

Hassiba Mokraoui is CEO, Agence Nationale d’Intermediation et de Regulation Fonciere

Yazid Benmouhoub Subscription

22 October 2013

Yazid Benmouhoub is CEO, Societe de Gestion de la Bourse et des Valeurs Mobilieres

Abdelhakim Berrah Subscription

22 October 2013

Abdelhakim Berrah is president, Commission d’Organisation et de Surveillance des Operations de Bourse

Karim Eddine Khellili Subscription

22 October 2013

Karim Eddine Khellili is president and chief executive officer, Banque Nationale d’Algerie

Mohammed Laksaci Subscription

22 October 2013

Mohammed Laksaci is governor, Bank of Algeria

See all Algeria biographies

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