Algeria
Algeria facts and figures
Algeria's National Day
01 November
Covering an area of around 2,382 thousand square kilometres, the Republic of Algeria is, territorially, OPEC’s largest Member Country and the largest country in Africa. It is situated in the north of the continent, and shares borders with Morocco, the Western Sahara, Mauritania, Mali, Niger, Libya and Tunisia. To the north is the Mediterranean Sea.
The country achieved political independence in 1962 after more than a century of colonial period. Algeria’s struggle for independence was one of the most bitter in Africa’s colonial history.
It has a population of more than 46 million. Arabic and Berber Tamazight are the national and official languages, while French is also spoken. The currency is the dinar.
The oil and gas sector is the backbone of the economy. The country’s other natural resources include iron ore, phosphates, uranium and lead.
Algeria joined OPEC in 1969.
Did you know?
- Algeria was first known as the Kingdom of Numidia, whose most famous kings were Syphax, Massinissa and Jugurta. They ruled during the second and third century BC.
- Algeria’s first commercial oil discovery was Edjelleh in 1956, followed immediately by the Hassi Messaoud oil field the same year. Production began in 1958.
Below data covers 2023
Population (million inhabitants) | 46.55 |
---|---|
Land area (1,000 sq km) | 2,382 |
GDP per capita($) | 5,301 |
Nominal GDP at market prices(million $) | 246,800 |
Value of exports (million $) | 60,374 |
Value of petroleum exports (million $) | 26,115 |
Current account balance (million $) | 5,431 |
Proven crude oil reserves (million barrels) | 12,200 |
Proven natural gas reserves (billion cu. m.) | 4,504 |
Crude oil production (1,000 b/d) | 973 |
Marketed production of natural gas (million cu. m.) | 104,275 |
Refinery capacity (1,000 b/cd) | 677 |
Output of petroleum products (1,000 b/d) | 657 |
Oil demand (1,000 b/d) | 472 |
Crude oil exports (1,000 b/d) | 483 |
Exports of petroleum products (1,000 b/d) | 515 |
Natural gas exports (million cu.m.) | 52,037 |
- b/d (barrels per day)
- cu. m. (cubic metres)
- b/cd (barrels per calendar day)
Source: Annual Statistical Bulletin 2024