ITU, MONUC, NAM, OAPEC, OAS (observer), OAU, OIC, OPCW,
OPEC, OSCE (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UPU, WHO,
WIPO, WMO, WToO, WTrO (observer)
Diplomatic representation in the US: chief of mission: Ambassador Idriss
JAZAIRY chancery: 2118 Kalorama Road NW, Washington, DC 20008 FAX: [1]
(202) 667-2174 telephone: [1] (202) 265-2800
Diplomatic representation from the US: chief of mission: Ambassador
Janet A. SANDERSON embassy: 4 Chemin Cheikh Bachir El-Ibrahimi, Algiers
mailing address: B. P. Box 549, Alger-Gare, 16000 Algiers telephone:
[213] (21) 69-11-86, 69-12-55, 69-18-54, 69-38-75 FAX: [213] (21) 69-39-79
Flag description: two equal vertical bands of green (hoist side) and
white; a red, five-pointed star within a red crescent centered over the
two-color boundary; the crescent, star, and color green are traditional
symbols of Islam (the state religion)
Economy Algeria
Economy - overview: The hydrocarbons sector is the backbone of the
economy, accounting for roughly 60% of budget revenues, 30% of GDP,
and over 95% of export earnings. Algeria has the fifth-largest reserves
of natural gas in the world and is the second largest gas exporter; it
ranks 14th in oil reserves. Algeria's financial and economic indicators
improved during the mid-1990s, in part because of policy reforms supported
by the IMF and debt rescheduling from the Paris Club. Algeria's finances
in 2000 and 2001 benefited from the temporary spike in oil prices and
the government's tight fiscal policy, leading to a large increase in the
trade surplus, record highs in foreign exchange reserves, and reduction in
foreign debt. The government's continued efforts to diversify the economy
by attracting foreign and domestic investment outside the energy sector
has had little success in reducing high unemployment and improving living
standards. In 2001, the government signed an Association Treaty with
the European Union that will eventually lower tariffs and increase trade.
GDP: purchasing power parity - $177 billion (2001 est.)
GDP - real growth rate: 3.8% (2001 est.)
GDP - per capita: purchasing power parity - $5,600 (2001 est.)
GDP - composition by sector: agriculture: 17% industry: 33% services:
50% (2000 est.)
Population below poverty line: 23% (1999 est.)
Household income or consumption by percentage share: lowest 10%: 4.4%
highest 10%: 25% (1995)
Distribution of family income - Gini index: 35.3 (1995)
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