In 2023, Algeria's GDP composition showed a significant reliance on the services sector, which accounted for 25.07% of the GDP. The mining, manufacturing, and utilities sectors closely followed at 24.29%. Wholesale, retail trade, restaurants, and hotels contributed 15.37%, while agriculture, hunting, forestry, and fishing accounted for 12.74%. Construction comprised 11.84%, and transport, storage, and communication made up 10.7%. Over the last five years, these sectors have displayed consistent growth, with varying year-on-year changes contributing to an overall stable CAGR for each.
Future trends to watch include:
- The services sector's potential expansion due to increased digitalization.
- Developments in the mining sector, driven by global commodity demand.
- Strengthening of agriculture with modernization efforts.
- Potential growth in construction through infrastructure development initiatives.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 25.07 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 24.29 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 15.37 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 12.74 | 2016 | |
| 5 | 5 Construction | 11.84 | 2016 | |
| 6 | 6 Transport, storage and communication | 10.7 | 2016 |
