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AlgeriaAlgeria Member

Algeria has a mixed geography with a large portion falling in the desert region and a long coastal line along Mediterranean Sea in the north, with the main towns, fertile land and beach resorts. The country is bordered in the east by Tunisia and Libya, in the west by Morocco, Western Sahara and Mauritania, in the southwest by Mali, in the southeast by Niger, and in the north by the Mediterranean Sea.

It is the largest African country, covering an area of nearly 2.4 million squares (Km) with 1200 km of coastline.

Algeria’s population is slightly above 38 million people. Arabic is the national & official language and Tamazight is also a national language. Islam is the state religion. Besides the capital city Algiers, the most populous cities are Oran, Constantine, Setif and Annaba.

Algeria’s President is HE Abdelaziz Bouteflika since the 1999 presidential elections. Current Prime Minister is HE Abdelmalek Sellal and Minister of Energy is HE Noureddine Boutarfa.

The Algerian government is a multi-party republic and has a bicameral parliament, with the Council of Nation (Senate) and the National Assembly (Lower House).

Hydrocarbons are the primary revenue generator for Algeria. The country supplies large amounts of natural gas to Europe. Energy exports are the backbone of the economy, accounting for roughly 60 percent of budget revenues and 34 percent of the gross domestic product.

Algeria has experienced a significant economic upturn in recent years, in large part aided by strong oil and natural gas export revenues. In 2013, Algeria’s real gross domestic product (GDP) growth rate was 3.0%. With continuing investments in Algerian oil and gas development; both sectors expect increased production capacity in the coming years.

The Algerian Dinar (DZD) is the country’s official currency. In 2013, US $1 is equal to DZD 79.4

The country’s other industries include light industries, mining, electrical, petrochemical, food processing, construction, pharmaceuticals and agribusiness.

Algeria is a Founding Member of the GECF and a member of the United Nations, Arab League, African Union, OPEC and OAPEC.

Major Indicators

Land (1000 sq. km) 2,382
Head of State HE Abdelaziz Bouteflika
Population (million inhabitants) 38.3
Capital Algiers
Language(s) Arabic (official), Tamazight (national)
National currency Algerian dinar
Energy sources Petroleum, natural gas, solar & wind energy 
GDP per capita (current US$) 5,900
GDP (current billion US$) 224
GDP growth % 3.00%
Value of exports (billion $) 63
Value of oil exports (billion $) 44
Value of gas exports (billion $) 19
Current account balance (BoP, billion $) 10.8
Proven crude oil reserves (billion barrels) 12.2
Crude oil production, NGPL and other liquids (1,000 b/d) 1.63
Refinery capacity (1,000 b/d) 652
Production of refined petroleum products (1,000 b/d) 506
Consumption of petroleum products (1,000 b/d) 371
Crude oil exports (1,000 b/d) 611
Exports of refined petroleum products(incl. condensate) (1,000 b/d) 410
Proven natural gas reserves (trillion cu. m.) 4.5
Natural gas exports  (billion cu. m.) 48
Domestic Dry Natural gas consumption (billion cu. m.) 33
Marketed production of natural gas (billion cu. m.) 82

Location

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