Strong non-oil growth supports Algeria's economy
Summary by AGBI
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Strong non-oil growth supports Algeria's economy
Q1 GDP growth of 4.5 percent Farming and industry lead rise Oil and gas down 2.8 percent Algeria’s economy swelled by around 4.5 percent in the first quarter of 2025, driven by strong performances in farming, industry and other non-oil sectors. GDP growth in the first quarter of this year was slightly above the 4.2 percent increase recorded in the first quarter of 2024 and the acceleration took place despite negative growth in the hydrocarbon se…
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