Algeria officially the People’s Democratic Republic of Algeria, is a sovereign state in North Africa on the Mediterranean coast. Its capitalThe net worth of a business, including assets, cash, propert... and most populous city is Algiers, located in the country’s far north. With an area of 2,381,741 square kilometres (919,595 sq mi), Algeria is the tenth-largest country in the world, and the largest in Africa. Algeria is bordered to the northeast by Tunisia, to the east by Libya, to the west by Morocco, to the southwest by the Western Saharan territory, Mauritania, and Mali, to the southeast by Niger, and to the north by the Mediterranean Sea. The country is a semi-presidential republic consisting of 48 provinces and 1,541 communes (counties). Abdelaziz Bouteflika has been President since 1999.
According to OPEC Algeria has the 17th largest oil reserves in the world and the second largest in Africa, while it has the 9th largest reserves of natural gas. Sonatrach, the national oil company, is the largest company in Africa. Algeria has one of the largest militaries in Africa and the largest defence budgetAllocation of funds or the estimation of costs for a departm... on the continent; most of Algeria’s weapons are imported from Russia, with whom they are a close ally
In 2014 Algeria exported $63.7B, making it the 49th largest exporter in the world. During the last five years the exports of Algeria have increased at an annualized rate of 5.6%, from $48.6B in 2009 to $63.7B in 2014. The most recent exports are led by Petroleum Gas which represent 39.6% of the total exports of Algeria, followed by Crude Petroleum, which account for 35.8%.
In 2014 Algeria imported $60B, making it the 49th largest importer in the world. During the last five years the imports of Algeria have increased at an annualized rate of 8.1%, from $40.6B in 2009 to $60B in 2014. The most recent imports are led by Cars which represent 5.35% of the total imports of Algeria, followed by Wheat, which account for 3.84%.
As of 2014 Algeria had a positive tradeThe buying and selling or exchange of goods and services. Th... balance of $3.62B in net exports. As compared to their tradeThe buying and selling or exchange of goods and services. Th... balance in 1995 when they had a negative tradeThe buying and selling or exchange of goods and services. Th... balance of $2.89B in net imports.
- Country ISO3 : DZA
- Country Code : 012
- Income Group : Upper middle income
- Lending Category : IBRD
- Region : Middle East & North Africa
- Currency Unit : Algerian dinar
- WTO Member : No