Algeria's economy has grown at about 4% annually since 1999. The country's foreign debt has fallen from a high of $28 billion in 1999 to its current level of $5 billion.

Apr 5, 2025 · Algeria is a rich nation and the third most important economy in the Middle East and North Africa, but its people are poor. Reports show that the national rate of poverty in Algeria …

Jun 22, 2024 · In terms of per capita GDP, Algeria reached USD 4,274 per capita in 2022, with a total GDP of approximately 191.91 billion USD for the entire country. However, it is important …

Feb 6, 2025 · Algeria, a land of vast landscapes and rich history, boasts a wealth of resources that extend far beyond its sandy dunes. At its core, Algeria is exceptionally rich in …

Oct 12, 2024 · The largest African country and the third-largest Arab economy, Algeria moved back to the upper-middle income category under the World Bank’s country income …

Algeria – 2022 GDP per capita $4,295. Algiers, the capital city of Algeria, Northern Africa and part of the Arab World. Being home to the 10th largest reserve of natural gas in the world has …

Feb 17, 2025 · In short, Algeria is a relatively wealthy African country, though its wealth is not evenly distributed and faces ongoing challenges. To understand this better, let’s delve into its …

Algeria's Wealth ranks 94 of 144 countries in the World Economics Global Wealth rankings and 8 in the Africa region. The World Economics Wealth Index is a composite index covering both …

2 days ago · Algeria’s economy is dominated by its export trade in petroleum and natural gas, commodities that, despite fluctuations in world prices, annually contribute roughly one-third of …

Is Algeria a wealthy country? Algeria's economy remains dominated by the state, a legacy of the country's socialist post-independence development model.