In the third quarter of 2022, the hydrocarbon sector in Algeria contributed around 2.5 trillion Algerian dinars (approximately 18 billion U.S. dollars) to the GDP, representing a peak in the period considered. From 2019 onwards, the value added by this sector fluctuated, decreasing considerably during the coronavirus (COVID-19) outbreak in the second quarter of 2020.
The oil and gas sector is of primary importance within the Algerian economy. The country exported over 23 billion U.S. dollars of crude oil and petroleum products in 2021. Moreover, oil rents accounted for around 10 percent of the GDP.
Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022
(in billion Algerian dinars)
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National Office of Statistics Algeria. (February 28, 2023). Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022 (in billion Algerian dinars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/
National Office of Statistics Algeria. "Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022 (in billion Algerian dinars)." Chart. February 28, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/
National Office of Statistics Algeria. (2023). Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022 (in billion Algerian dinars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/
National Office of Statistics Algeria. "Contribution Value of The Hydrocarbon Sector to The Gross Domestic Product (Gdp) in Algeria from 1st Quarter 2019 to 3rd Quarter 2022 (in Billion Algerian Dinars)." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/
National Office of Statistics Algeria, Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022 (in billion Algerian dinars) Statista, https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/ (last visited November 22, 2024)
Contribution value of the hydrocarbon sector to the Gross Domestic Product (GDP) in Algeria from 1st quarter 2019 to 3rd quarter 2022 (in billion Algerian dinars) [Graph], National Office of Statistics Algeria, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/1184162/gdp-contribution-of-hydrocarbons-in-algeria/
