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Country Report Algeria January 2011
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HTMLOutlook for 2011-15: Forecast summary
| Forecast summary | ||||||
| (% unless otherwise indicated) | ||||||
| 2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
| Real GDP growth | 3.9 | 3.5 | 4.1 | 4.3 | 4.3 | 4.7 |
| Crude oil & NGL production ('000 b/d) | 1,928 | 1,926 | 1,926 | 2,076 | 2,128 | 2,181 |
| Natural gas production (ktoe) | 72,551 | 71,825 | 73,621 | 75,829 | 78,862 | 82,017 |
| Hydrocarbon exports (US$ m) | 54,099 | 56,290 | 64,115 | 69,807 | 77,789 | 84,927 |
| Unemployment rate (av) | 9.9 | 10.0 | 9.4 | 9.2 | 9.1 | 9.0 |
| Consumer price inflation (av) | 4.4 | 4.2 | 4.3 | 5.1 | 5.4 | 5.3 |
| Consumer price inflation (end-period) | 3.8 | 4.2 | 4.7 | 5.3 | 5.4 | 5.2 |
| Government balance (% of GDP) | -1.9 | -1.1 | -2.8 | -4.7 | -4.0 | -0.7 |
| Exports of goods fob (US$ bn) | 55.8 | 59.3 | 66.5 | 72.5 | 80.9 | 88.3 |
| Imports of goods fob (US$ bn) | 36.5 | 38.4 | 41.4 | 46.2 | 51.9 | 59.8 |
| Current-account balance (US$ bn) | 6.6 | 5.9 | 7.4 | 5.1 | 6.2 | 3.7 |
| Current-account balance (% of GDP) | 4.4 | 3.7 | 3.9 | 2.4 | 2.7 | 1.6 |
| External debt (end-period; US$ bn) | 3.8 | 3.7 | 3.7 | 4.1 | 4.9 | 5.6 |
| Exchange rate AD:US$ (av) | 75.13 | 76.50 | 71.81 | 70.23 | 69.57 | 71.00 |
| Exchange rate AD:US$ (end-period) | 78.74 | 74.16 | 71.02 | 69.90 | 70.40 | 71.94 |
| Exchange rate AD:¥100 (av) | 85.15 | 87.18 | 82.78 | 81.66 | 80.90 | 83.18 |
| Exchange rate AD:€ (av) | 97.39 | 91.04 | 82.58 | 80.06 | 79.31 | 81.46 |
| a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. | ||||||
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