Development in Algeria : Progress and Structural Reforms

After a period of solid growth at 4.5 % average per year between 2000 and 2005, Algeria experienced a slowdown in 2006 to 1.8 %, driven by a sharp decline in the hydrocarbon sector as a result of maintenance work and the decline in oil and gas demand in Europe, followed by a mild recovery to 3.5 % in 2007. Read