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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 rig count on the rise

Middle East rig count on the rise Subscription

31 July 2014 | By

The region is now the world’s second-biggest market for operating oil rigs

Oil offshore

Oil exporters put the brakes on spending Subscription

12 June 2014 | By Dominc Dudley

Oil exporters are starting to trim spending to keep budgets more in line with oil prices

Oil prices and Middle East oil production

Stable oil prices expected in 2014 Subscription

11 June 2014 | By

Energy Information Administration forecasts average prices of almost $105 a barrel  

Middle East contract awards May 2014

Middle East contracts awarded: May 2014 Subscription

2 June 2014

Over $8bn of contracts awarded in May in the Middle East

Middle East contract awards April 2014

Middle East contracts awarded: April 2014 Subscription

31 May 2014

Over $23bn of contracts awarded in April in the Middle East

Middle East contracts awarded: February 2014 Subscription

20 March 2014

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 | 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

Over $11bn awarded in November in the Middle East

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MEED comment

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

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 Biskra Refinery Oil 1,750
5 Oued Tlelat to Akid Abbes Phase 2 Transport 1,633
6 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 Laghouat to Djelfa Railway Transport 1,100
10 Ras Djinet CCGT Power Plant Power 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 Q1 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2014; All projects are in execution

Tenders & project awards

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

Sonatrach awards Eni three exploration permits Subscription

1 July 2014 | By

Italian oil major Eni to carry out studies and drilling on onshore basins in southern Algeria

Middle East contract awards May 2014

Middle East contracts awarded: May 2014 Subscription

2 June 2014

Over $8bn of contracts awarded in May in the Middle East

Middle East contract awards April 2014

Middle East contracts awarded: April 2014 Subscription

31 May 2014

Over $23bn of contracts awarded in April in the Middle East

Petrofac awarded $976m deal on Algeria gas field Subscription

18 May 2014 | By

UK group Petrofac to build North Reggane treatment plant, gas-gathering system and export pipeline

Algeria: Airport ground handling services Subscription

25 April 2014 | By

Provision of an operator for ground handling services at airports

Drake & Scull wins contract for Algeria project Subscription

23 April 2014 | By

Scope of work entails building a mixed-use development in Algiers

Filter Algeria tenders by sector

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

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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