arbon exports, and a major overhaul
of the banking and financial systems. In 1988 the government started to
implement a new economic policy to dismantle large state farms into
privately operated units.
GDP: $54.1 billion, per capita $2,235; real growth rate - 1.8%
(1988)
Inflation rate (consumer prices): 5.9% (1988)
Unemployment rate: 19% (1988)
Budget: revenues $17.4 billion; expenditures $22.0 billion, including
capital expenditures of $8.0 billion (1988)
Exports: $9.1 billion (f.o.b., 1989 est.);
commodities--petroleum and natural gas 98%;
partners--Netherlands, Czechoslovakia, Romania, Italy, France, US
Imports: $7.8 billion (f.o.b., 1989 est.);
commodities--capital goods 35%, consumer goods 36%, food 20%;
partners--France 25%, Italy 8%, FRG 8%, US 6-7%
External debt: $26.2 billion (December 1989)
Industrial production: growth rate 5.4% (1986)
Electricity: 4,333,000 kW capacity; 14,370 million kWh produced,
580 kWh per capita (1989)
Industries: petroleum, light industries, natural gas, mining, electrical,
petrochemical, food processing
Agriculture: accounts for 8% of GDP and employs 24% of labor force;
net importer of food--grain, vegetable oil, and sugar; farm production
includes wheat, barley, oats, grapes, olives, citrus, fruits, sheep, and cattle
Aid: US commitments, including Ex-Im (FY70-85), $1.4 billion; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $8.2 billion;
OPEC bilateral aid (1979-89), $1.8 billion; Communist countries (1970-88),
$2.7 billion
Currency: Algerian dinar (plural--dinars); 1 Algerian dinar
(DA) = 100 centimes
Exchange rates: Algerian dinars (DA) per US$1--8.0086 (January
1990), 7.6086 (1989), 5.9148 (1988), 4.8497 (1987), 4.7023 (1986), 5.0278 (1985)
Fiscal year: calendar year
- Communications
Railroads: 4,146 km total; 2,632 km standard gauge (1.435 m), 1,258 km
1.055-meter gauge, 256 km 1.000-meter gauge; 300 km electrified; 215 km double
track
Highways: 80,000 km total; 60,000 km concrete or bituminous, 20,000 km
gravel, crushed stone, unimproved earth
Pipelines: crude oil, 6,612 km; refined products, 298 km; natural gas,
2,948 km
Ports: Algiers, Annaba, Arzew, Bejaia, Jijel, Mers el Kebir, Mostaganem,
Oran, Skikda
Merchant marine: 75 ships (1,000 GRT or over) totaling 900,957
GRT/1,063,994 DWT; includes 5 passenger, 27 cargo, 2 vehicle carrier,
10 roll-on/roll-off cargo, 5 petroleum, oils, and lubricants (POL) t
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