The market


Algeria, the economic powerhouse: US $ 260 billion investment program

In Algeria, considerable oil and gas revenues together with economic opening, liberalisation and privatisation have created constant GDP growth of between 3% and 6% during the past few years.

With a GDP of US$ 175 billion in 2017, estimated foreign exchange reserves (without gold) of US$ 100 billion at the end of 2017, Algeria is the economic powerhouse on the African continent, ranking fourth after Nigeria, Egypt and South Africa.

Imports have increased from US$ 38.9 billion in 2010 to US$ 47.1 billion in 2016.

Exhibitors profit from the third massive investment program worth US$ 260 billion between 2015 and 2019, which helps to develop the country’s infrastructure and to improve the living conditions for the Algerians.

Economic data Algeria

Inhabitants:

  • 41.5 million (2017)

Strenghts:

  • 16th largest oil exporter and 4th largest exporter of gas in the world
  • huge oil and gas reserves
  • high cash reserves and minimal foreign debt
  • stable government
  • fast growing market for consumer and investment goods


Opportunities:

  • Public investment programs improve infrastructure and offer chances for supply
  • new industrial policy to strengthen competitiveness offering chances for cooperation with foreign enterprises
  • oil and gas production to be enlarged
  • funding of large-scale projects state guaranteed
  • considerable market for capital and consumer goods
  • financial strength, young and western oriented population

Commodities:

  • agrarian: wheat, citrus fruits, dates, vegetable, wine
  • mineral: crude oil, natural gas, iron, phosphate, zinc, lead

Currency reserves without gold (billion US $):

  • 2015: 156
  • 2016: 115
  • 2017: 100

Source: IMF / gtai