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The World Bank in Algeria

Since 2010, the strategic partnership framework between the World Bank and Algeria has been based on advisory services (Reimbursable Advisory Services – RAS), which are offered in response to requests for support with development priorities.

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October 2019

Algeria's Economic Update

GDP growth reached 1.5% in 2018, compared to 1.4% in the previous year, and was sustained at 1.5% in Q1-2019.

PRESS RELEASE

Meeting Growing Demand

During the most recent financial year, the World Bank responded with US$5.47 billion in new commitments to help the MENA region.

World Bank Partnership with Algeria

Investing in Inclusive Growth

World Bank MENA VP visits Algeria to reaffirm support for development priorities.

Algeria At-A-Glance

Ranked as the third most important economy in the MENA region and a leader in the Maghreb, Algeria is one of a hand full of countries that have achieved 20% poverty reduction in the past two decades. Indeed, the Algerian government took significant steps to improve the well-being of its people by implementing social policies in line with the United Nations Sustainable Development Goals.

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Algeria’s Economic Outlook

2017 Edition

A strong recovery in hydrocarbon production and higher-than-expected public spending kept growth relatively buoyant in 2016 at 3.8%, despite low global oil prices. However, non-hydrocarbon growth decelerated, while inflation rose.

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