Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. Hydrocarbons accounted for 34.7% of GDP in 2010, up on 2009 rates, but still lower than the figures of between 43% and 45% seen in the three preceding years. The decline is primarily attributed to a fall in oil prices. To diversify...
Africa Economy
Displaying 1849 - 1854 of 1991
Chapter | Country Profile from The Report: Algeria 2012
Algeria is the largest African country by geographical size, as well as the largest country in the Mediterranean region. Although 85% of the country is desert, Algeria is topographically diverse, in particular in the north, which consists of the Tell Atlas, the High Plateaux and the Saharan Atlas. Roughly 91% of the population lives in less than 13% of the country’s territory, mostly in the north...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
Alors que le gouvernement ivoirien cherche à renforcer la stabilité politique du pays après 10 années de conflit intermittent, l’économie montre des signes de reprise. Après les violences postélectorales de la fin 2010 et du début 2011, qui ont entraîné une baisse de 5.9 % du produit intérieur brut (PIB), l’activité économique a fortement progressé.
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
