Key Market Indicators
Algerian Passenger Transport Revenue Plummets by 75% in 2020 Algeria's passenger transport sector experienced a dramatic decline in 2020, with revenue plummeting to nearly $7 million. This represents a staggering 75% drop compared to the previous year, when the sector garnered approximately $28 million. The downturn marks a significant setback for the industry, which has been consistently shrinking over the past decade. Since 2010, the Algerian passenger transport market has decreased by an average of 27.9% annually. Economic analysts attribute the sharp decline to various factors, including the global impact of the COVID-19 pandemic, which severely restricted travel and public transportation usage.