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The World Bank in Algeria

Ranked as the third most important economy in the MENA region and a leader in the Maghreb, Algeria is one of a hand full of countries that have achieved 20% poverty reduction in the past two decades.

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Poverty: The case of Algeria

The 2010/11 data show that the average Algerian spent about 262.86 DA, or the equivalent of 8.14 USD per day.

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Official Visit to Algeria

Hafez Ghanem, World Bank Vice President for MENA, visits Algeria to reaffirm and expand a longstanding partnership.

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Economic Prospects

Growth in the Middle East and North Africa region is projected to fall to 2.1 percent in 2017.

Algeria At-A-Glance

Ranked as the third most important economy in the MENA region and a leader in the Maghreb, Algeria is one of a hand full of countries that have achieved 20% poverty reduction in the past two decades. Indeed, the Algerian government took significant steps to improve the well-being of its people by implementing social policies in line with the United Nations Sustainable Development Goals.

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Algeria’s Economic Outlook

A strong recovery in hydrocarbon production and higher-than-expected public spending kept growth relatively buoyant in 2016 at 3.8%, despite low global oil prices. However, non-hydrocarbon growth decelerated, while inflation rose.

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