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...
Economy
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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.
Economic update | Oman: IMF pushes SME finance
16 Nov 2012
Having maintained 47th place on the World Bank’s latest global survey regarding the ease of doing business, Oman has benefitted from the strong capitalisation of local banks and reforms making it easier to register property and connect to the energy supply. However, the report identifies that small and medium-sized enterprises (SMEs) could benefit from improved access to credit and further reforms to liberalise the business environment.
Interviews & Viewpoints | OBG talks to Sheikh Jassim bin Abdulaziz Al Thani, Minister of Business & Trade from The Report: Qatar 2012
What can accelerate the transition from public sector-lead development to a market-driven economy?