Algeria’s growth was robust in 2023, and inflation started to decelerate. GDP growth accelerated to 4.1 percent, supported by hydrocarbon sector growth, as natural gas production compensated for successive crude oil production quota cuts. Non-extractive GDP growth reached 3.7 percent as investment growth accelerated, supported by a marked recovery in public investment, and leading to a surge in imports. Private consumption remained dynamic, stimulated...
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2024/05/21
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190476
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1
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2024/05/22
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Disclosed
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Algeria Economic Update : Investing in Data for Diversified Growth
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Citation
Cyril Desponts; Amel Henider; Daniel Prinz.
Algeria Economic Update : Investing in Data for Diversified Growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099728005212488535