Imports$44.19 billion (2011 est.)
Exports$72.66 billion (2011 est.)
Inflation rate (consumer prices)4.5% (2011 est.)
Unemployment rate10% (2011 est.)
GDP - per capita (PPP)$7,400 (2011 est.)
National product real growth rate4.1% (2010 est.)
Internet users4.7 million (2009)
Telephones - mobile cellular32.78 million (2009)
Population growth rate1.165% (2012 est.)
Population35,406,303 (July 2012 est.)
After more than a century of rule by France, Algerians fought through much of the 1950s to achieve independence in 1962.
Algeria's primary political party, the National Liberation Front (FLN), was established in 1954 as part of the struggle for independence and has largely dominated politics since.
The Government of Algeria in 1988 instituted a multi-party system in response to public unrest, but the surprising first round success of the Islamic Salvation Front (FIS) in the December 1991 balloting spurred the Algerian army to intervene and postpone the second round of elections to prevent what the secular elite feared would be an extremist-led government from assuming power....
Algeria's economy remains dominated by the state, a legacy of the country's socialist post-independence development model.
Gradual liberalization since the mid-1990s has opened up more of the economy, but in recent years Algeria has imposed new restrictions on foreign involvement in its economy and largely halted the privatization of state-owned industries.
Hydrocarbons have long been the backbone of the economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings....
The Economist Intelligence Unit
NCAIS: 0 SIC: 0
This report contains detailed forecasts and analysis for Algeria, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...