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Algeria
We offer a data-driven country report for Algeria that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Algeria.[/vc_column_text][vc_column_text]Its population in 2018 was 42,008,054 [1]
In 2015, 0.06% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 3.85% [2]
In 2021 it had a negative Current
Account Balance of US$bn 4.59 [3]
Its unemployment rate in 2021 was 13.37% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2017 was 0.53% [2]
What free trade areas or economic unions is it a member of?
Member of the Euro-Mediterranean partnership (EuroMed) since 28/11/1995
Other members:
Egypt, Israel, Jordan, Lebanon, Libya, Morocco, State of Palestine, Syrian Arab Republic, Tunisia, Türkiye
What trade deals are there between Euro-Mediterranean partnership and other countries and economic unions?
None
[/vc_column_text][vc_column_text]What trade deals are there with other countries and economic unions?
EU - Algeria Association Agreement (from 01/09/2005)
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Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.