In Algeria, the World Bank provides technical assistance and analytical services in various areas, such as social protection, human capital development, disaster risk management, renewable energies and the investment climate.
With over 90 percent of Algeria's export revenue historically coming from oil and gas, the country is undergoing a profound shift to reduce this dependency and attract foreign investment.
This update highlights Algeria’s strong economic performance and the need for a comprehensive policy framework to diversify exports for sustainable growth.
The Middle East and North Africa (MENA) region is expected to grow moderately at 2.6 percent in 2025 — a forecast that is shrouded in uncertainty given the rapidly changing global environment as well as ongoing conflicts ...
Algeria’s economy grew by 3.9% in the first half of 2024 and inflation eased to 4.3 percent. Lower hydrocarbon exports, higher imports, and rising public spending reduced the current account surplus and increased the ...
The MENA region is expected to grow at 2.2% in 2024, yet the outlook remains subdued amid heightened uncertainty. This edition also includes an update on the economic impacts of the conflict in the Middle East.
Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 percent increase, driven by robust performance in the nonhydrocarbon and hydrocarbon sectors.
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