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Algeria

Algeria news and analysis, tenders, contracts awarded, commentary and economic data

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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 ($bn) 171.5 137.6 161.8 198.8 207.8 210.5 212.2
GDP per capita ($) 4,990 3,943 4,567 5,528 5,694 5,683 5,644
Real GDP growth (annual change, %) 2 1.7 3.6 2.4 2.5 3.3 3.4
Government revenue (% of GDP) 46.9 36.7 36.5 40 39.6 37.3 36
Government total expenditure (% of GDP) 37.8 42.2 36.9 40.4 42.2 38.5 38.1
Total government debt (gross, % of GDP) 8.1 10.5 11.1 11.1 9.9 9 8.4
Current account balance (% of GDP) 20.1 0.3 7.5 10 5.9 6.1 4.5
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 5.8 3.6 5.2 9 5 4
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2013

Algeria trends

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February in the Middle East

In Amenas gas plant, Algeria

In Amenas overshadows bid round in Algeria Subscription

25 February 2014, 11:40 GMT | By Richard Nield

The Algerian government launched its fourth licensing round in January, but attracting bids from international investors will be a challenge in the current security climate

Middle East contract awards

Middle East contracts awarded: November 2013 Subscription

5 December 2013, 8:15 GMT

Over $11bn awarded in November in the Middle East

Middle East contract awards September 2013

Middle East contracts awarded: September 2013 Subscription

20 October 2013, 7:57 GMT | By

Over $8bn awarded in September in the Middle East

Changing mindsets: GCC nationals prefer to live in villas, which is unfeasible in low-cost housing schemes

Region fails on social housing Subscription

17 October 2013, 4:30 GMT | By

The affordable housing shortage has escalated into a crisis in many Middle Eastern countries

Middle East and North Africa region Muslim population percentage

Religious pluralism amid restrictions Subscription

4 September 2013, 11:58 GMT | By

Growing sectarian tensions are further restricting the Middle East’s diverse religious groups

Opec petroleum export revenues

Opec reports record high in petroleum exports Subscription

21 August 2013, 9:05 GMT | By

Export revenues reached $1.26 trillion in 2012, but likely to fall this year on lower crude prices

Middle East contracts July 2013

Middle East contracts awarded: July 2013 Subscription

11 August 2013, 12:05 GMT | By

Over $31.6bn awarded in July in the Middle East region

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MEED comment

Steel

Qatar committed to Algeria plant Subscription

30 January 2014, 13:59 GMT | By

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

More MEED commentary

Special reports

Algeria

Algeria: Hydrocarbons production stagnates Subscription

11 July 2013, 9:13 GMT

Algeria looks set to soon join the six other Middle East and North African countries that have experienced leadership changes recently

More Algeria special reports

Market presentations

Middle East Outlook 2013

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

18 August 2013, 7:46 GMT

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, 8:21 GMT

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 High Spped Rail Electrification: Phase 1 Transport 1,815
4 Biskra Refinery Oil 1,750
5 Oued Tlelat to Akid Abbes High Speed Rail Electrification: Phase 2 Transport 1,633
6 Algiers Grand Mosque Construction 1,363
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 Laghouat to Djelfa Railway Transport 1,100
10 Qartzites de Hamra Gas Processing Facility Gas 1,100
10 Souk Tleta Dam Water 1,100
Click through to the full data table on Algeria's biggest projects in construction
Click through to MEED's Q4 2013 Top 100 Projects report
Source: MEED Projects; Data compiled: January 2014; All projects are in execution

Tenders & project awards

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February in the Middle East

Samsung C&T wins $1.4bn Algeria power contract Subscription

20 February 2014, 5:34 GMT | By

South Korean firm will build two new combined-cycle power plants

Samsung Engineering wins $800m Algeria contract Subscription

17 February 2014, 6:15 GMT | By

South Korean contractor will build gas processing facilities at Algeria’s Timimoun field

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Companies

Cevital logo

Cevital Subscription

A family-owned conglomerate in Algeria operating across diverse sectors including food production, industrial manufacturing, services, construction and distribution

Sonatrach logo

Sonatrach Subscription

The largest company in Africa, it is responsible for exploration, production, distribution and marketing of hydrocarbons and downstream products in Algeria

See all company profiles

People

Abdelaziz Bouteflika Subscription

7 January 2014, 5:44 GMT

Abdelaziz Bouteflika is President, Algeria

Hassiba Mokraoui Subscription

22 October 2013, 10:23 GMT

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

Yazid Benmouhoub Subscription

22 October 2013, 10:18 GMT

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

Abdelhakim Berrah Subscription

22 October 2013, 10:11 GMT

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

Karim Eddine Khellili Subscription

22 October 2013, 10:02 GMT

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

Mohammed Laksaci Subscription

22 October 2013, 9:51 GMT

Mohammed Laksaci is governor, Bank of Algeria

See all Algeria biographies

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