Economy
Nominal GDP
USD 268 billion
GDP per capita
USD 5,259
2021–2025 average
Currency
- Name
- Algerian dinar
Алжирский динар - ISO code
- DZD
- Rate against the US dollar
- USD 1 = 133.97 DZD
- Rate against the rouble
- 100 DZD = 62.5215 RUB
- Rate type
- Official Bank of Russia rate
- Currency zone
- National currency
Exchange rate as of 1 October 2026
Economic structure
GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average
- Agriculture 12.7%
- Industry 37.6%
- Services 45.9%
Industries and programmes
- Key industries
- Oil and gas extraction and exports, petrochemicals, fertilizer and ammonia production, iron and steel, cement, and the agro-industrial sector.
- Government programmes
- Program to diversify the economy beyond hydrocarbons
- Government Action Plan (2024–2029)
- National Renewable Energy Development Strategy (15 GW of renewable energy by 2035)
- Development of the Gara-Djebilet iron ore deposit
International trade
Exports of goods, 2021–2025
USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025
Table
| Year | USD billion | index, 2021 = 100 |
|---|---|---|
| 2021 | 38.6 | 100.0 |
| 2022 | 65.7 | 170.2 |
| 2023 | 55.6 | 144.0 |
| 2024 | 49.1 | 127.2 |
| 2025 | 45.4 | 117.6 |
- Imports of goods
- USD 42.2 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
- Exports of goods and services
- USD 48.3 billion 2025Source: World Bank, national accounts. Period: 2025
- Change in exports of goods, 2021–2025
- +17.6%
- Average annual rate of change in exports of goods, 2021–2025
- +4.1%
Export specialisation
Main export products
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Main export destinations
share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024
Investment areas
- Gas chemicals and fertilizers
- The phosphate complex
- Metallurgy
- Renewable energy and electricity grids
- Pharmaceuticals
- Grain production and grain storage facilities
- Railway infrastructure
Agreements with Russia
Investment protection
Agreement on the Promotion and Reciprocal Protection of Investments: signed 10 March 2006; not yet in force
Signed, not in force
Double taxation
Agreement (Convention) on the avoidance of double taxation: signed 10 March 2006; in force since 18 December 2008
In force
Visa requirements
Russian citizens holding ordinary passports require a visa
Visa required
Peaceful nuclear energy
- memorandum with Rosatom (March 2024)
Memorandum or other arrangement
Other agreements
- Declaration on an Enhanced Strategic Partnership (15 June 2023).
- Intergovernmental Agreement on Cooperation and Mutual Assistance in Customs Matters (2026).
- Intergovernmental Agreement on the Mutual Recognition of Education (January 2025).
- Agreement between the Government of the Russian Federation and the Government of the People’s Democratic Republic of Algeria on Military-Technical Cooperation (1 April 1999)
- Cooperation Agreement between the Chamber of Commerce and Industry of the Russian Federation and the Chamber of Commerce and Industry of the People’s Democratic Republic of Algeria (2006)
Incentives
- Main regimes and incentives
Investment Law No. 22-18 (2022): support regimes for sectors, zones and structuring investments — exemptions from customs duties and VAT on imported equipment, corporate income tax holidays during the operating phase; stabilization of the regime for 10 years.
- Type of measure
- Investment agency
- AAPI — Algerian Investment Promotion Agency (Agence algérienne de promotion de l'investissement), one-stop shop and digital investor platform
- One-stop shop
- AAPI — Algerian Investment Promotion Agency (Agence algérienne de promotion de l'investissement), one-stop shop and digital investor platform
