Economic transition or more of the same?

C2

MEDIUM RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Updated in January 2023.

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GDP USD 191.9 bn (World ranking 56, World Bank 2022)
Population 44.9mn (World ranking 34, World Bank 2022)
Form of state Semi-presidential Republic
Head of state Abdelmadjid Tebboune (President)
Next elections
2024, presidential
  • Top natural gas producer in Africa and second-largest reservoir in the region (after Nigeria), with reserves estimated to last 28 years at current rates of extraction
  • Second-largest producer of crude oil in Africa (after Nigeria), with stable extractive environment
  • Potential for renewable solar energy production and mining
  • Large foreign exchange reserves and low levels of external debt mitigate external liquidity tensions
  • Top natural gas producer in Africa and second-largest reservoir in the region (after Nigeria), with reserves estimated to last 28 years at current rates of extraction
  • Second-largest producer of crude oil in Africa (after Nigeria), with stable extractive environment
  • Potential for renewable solar energy production and mining
  • Large foreign exchange reserves and low levels of external debt mitigate external liquidity tensions

Trade structure by destination/origin

(% of total, annual 2022)

Exports Rank Imports
Italy 27.4%
1
17.2% China
Spain 12.7%
2
8.5% France
France 10.3%
3
5.9% Italy
Netherlands 5.5%
4
5.7% Brazil
Turkey 4.7%
5
5.2% Antigua and Barbuda

Trade structure by product

(% of total, annual 2022)

Exports Rank Imports
Gas, natural and manufactured 57.5%
1
8.6% Iron and steel
Petroleum, petroleum products and related materials 37.3%
2
8.3% Cereals and cereal preparations
Fertilizers other than group 272 0.7%
3
6.1% Other industrial machinery and parts
Inorganic chemicals 0.6%
4
5.4% Road vehicles
Crude fertilizers other than division 56, and crude minerals 0.6%
5
4.9% Petroleum, petroleum products and related materials
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Popular Risk Reports: Africa