Algeria PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report Launched

As per International Monetary Fund (IMF) Algeria’s nominal gross domestic product is expected to grow at a CAGR of 5.99% from it’s 2015 level of DZD 16591.88 billion and reach DZD 24926.88 billion by 2022.

Algeria is a medium-sized economy in Northern Africa with about 40 million inhabitants. Owing to large oil and particularly gas deposits located in the Algerian Sahara, the local economy is dominated by the hydrocarbon sector in which the government holds a significant stake through the state-owned oil company Sonatrach.

Algeria had estimated population of 40.762 million in the year 2016 and expected to reach 45.323 million by 2022. Algeria's unemployment rate was 10.498% of total labor force.

Algeria's real gross domestic product (GDP) was around DZD 7341.58 billions in 2016 whereas the nominal GDP was DZD 17596.93 billions. This resulted in GDP deflator 239.689. Per capita GDP was estimated at USD 3944.43 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 15026.46.

In 2016, Algeria government's revenue was DZD 5099.26 billions whereas the expenditure was DZD 7146.03 billions. This resulted Algeria government's net lending / borrowing negative at DZD 2046.77 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Algeria was estimated to be negative at USD 26.33 billions for the year 2016 and is expected to decrease at a CAGR of 8.47% and reach USD 14.682 by 2022. This negative current account balance indicates the Algeria is a net borrower from the whole world.

Scope of the Algeria PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

• These reports provide information about key macroeconomic indicators for Algeria.
• These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Algeria.
• These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Algeria.
• These reports provide risk analysis for Algeria.

For more information and to purchase Algeria PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/algeria-pestel-analysis-market-research-report

For more information and to purchase Algeria SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/algeria-swot-analysis-market-research-report

For more information and to purchase Algeria Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/algeria-risk-analysis-market-research-report