Algerian economy from 1962 to 2022 : reality agreed

Abstract EN

The Algerian economy went through many stages, ups and downs.

the structure of the Algerian economy, which is based on revenues from exporting crude oil, led to the impact of the country's macroeconomic indicators on any change in the global markets for crude.

oil and liquefied natural gas constituted the country's main wealth and the most dangerous for the country's future, as it represented 97% of the income from hard currency, so the fluctuations in its prices had a direct impact on the financial and economic balances of the Algerian state.

the oil and natural gas sector have historically dominated Algerian industry.

on the one hand, it is the largest industrial sector in the country.

on the other hand, the revenues from exporting this product and related products were the main source of investment capital for other industries, and other sectors in general.