The economy of Algeria is a lower middle-income country coming under the Middle East and North African region, according to the Classification of Economies by region and income, FY 2005 made by the World Bank.
The country has a surface area of 2.4 million square kilometers in the year 2003.
Algeria Economy And Social Indicators
The total population of the country in the year 2004 was estimated at 32.4 millions in comparison to 31.8 millions in the previous year.
The annual percentage growth of population in the country was 1.7 in the year 2004 in comparison to 1.6 percent in the previous year.
The Life Expectancy rate of the country in the year 2003 was 70.9 years.
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The Infant Mortality rate per one thousand life births in the country was 35.0 in the year 2003.
Under the age of 5 Mortality rate per one thousand children has declined to 41.0 in 2003 compared to 45.0 in 2000.
Key Economic Indicators of Algeria Economy
The Gross National Income, Atlas method of the country (Current US $) has reached 73.7 billions in the year 2004.The GNI percapita Atlas method (Current US $) in the country was 2,280.0 in 2004.
The Gross Domestic Product (Current $) in the country was 84.6 billions in the year 2004 with an annual growth rate of 5.2 percent.
The average annual growth rate of GDP for the country is estimated at 5.2 percent for the period of 2004-08.
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