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Algeria At-A-Glance

For the past 10 years, the partnership between the World Bank and Algeria has been based on advisory services, consisting of two cycles of Reimbursable Advisory Services running from 2011 to 2015 and 2016 to 2020. The current technical assistance projects, through advisory and analytical services and Trust Fund operations, seek to boost growth through economic diversification and promote sustainable development.

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Algeria’s Economic Outlook

Spring 2024

Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 percent increase, driven by robust performance in the nonhydrocarbon and hydrocarbon sectors. Economic activity was stimulated by dynamic private consumption and strong investment growth, fueling a marked increase in imports.

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    Ahmadou Moustapha Ndiaye MENA-220
    Ahmadou Moustapha Ndiaye

    World Bank Country Director for the Maghreb and Malta, Middle East & North Africa, Afghanistan & Pakistan (MENAAP)

    Kamel Braham
    Kamel Braham

    World Bank’s Resident Representative for Algeria, Middle East & North Africa, Afghanistan & Pakistan (MENAAP)

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    In Algiers
    Salim Gora