onomic indicators.
Algeria is running substantial trade surpluses and building up
record foreign exchange reserves. Real GDP has risen due to higher
oil output and increased government spending. The government's
continued efforts to diversify the economy by attracting foreign and
domestic investment outside the energy sector, however, has had
little success in reducing high unemployment and improving living
standards. Structural reform within the economy moves ahead slowly.
GDP (purchasing power parity):
$212.3 billion (2004 est.)
GDP - real growth rate:
6.1% (2004 est.)
GDP - per capita:
purchasing power parity - $6,600 (2004 est.)
GDP - composition by sector:
agriculture: 10.3%
industry: 57.4%
services: 32.3% (2004 est.)
Labor force:
9.91 million (2004 est.)
Labor force - by occupation:
agriculture 14%, industry 13.4%, construction and public works 10%,
trade 14.6%, government 32%, other 16% (2003 est.)
Unemployment rate:
25.4% (2004 est.)
Population below poverty line:
23% (1999 est.)
Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 26.8% (1995)
Distribution of family income - Gini index:
35.3 (1995)
Inflation rate (consumer prices):
3.1% (2004 est.)
Investment (gross fixed):
26.2% of GDP (2004 est.)
Budget:
revenues: $31.47 billion
expenditures: $29.3 billion, including capital expenditures of $5.8
billion (2004 est.)
Public debt:
37.4% of GDP (2004 est.)
Agriculture - products:
wheat, barley, oats, grapes, olives, citrus, fruits; sheep, cattle
Industries:
petroleum, natural gas, light industries, mining, electrical,
petrochemical, food processing
Industrial production growth rate:
6% (2004 est.)
Electricity - production:
25.76 billion kWh (2002)
Electricity - production by source:
fossil fuel: 99.7%
hydro: 0.3%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
23.61 billion kWh (2002)
Electricity - exports:
500 million kWh (2002)
Electricity - imports:
150 million kWh (2002)
Oil - production:
1.2 million bbl/day (2004 est.)
Oil - consumption:
209,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Oil - proved reserves:
11.87 billion bbl (2004 est.)
Natural gas - production:
80.3 billion cu m (2001 est.)
Natural gas - consumption:
22.32 billion cu m (2001 est.)
Natural gas - expor
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