{"id":15568,"date":"2021-08-03T11:08:29","date_gmt":"2021-08-03T09:08:29","guid":{"rendered":"https:\/\/www.kanaga-at.com\/info-viaggi\/algeria-en\/economy\/"},"modified":"2022-05-25T11:40:23","modified_gmt":"2022-05-25T09:40:23","slug":"economy","status":"publish","type":"info_viaggi","link":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/","title":{"rendered":"Economy"},"content":{"rendered":"\r\n<p class=\"p1 wp-block-paragraph\"><b>Economic highlights<\/b><\/p>\r\n<ul class=\"ul1\">\r\n<li class=\"li1\"><b><\/b><b>Market size<\/b>: Algeria is the largest country on the African continent and has a population of 43 million (2020), 50% of whom are under 30 years old<span class=\"s2\">.<\/span><\/li>\r\n<li class=\"li1\"><b><\/b><b>Gas and oil<\/b>: Algeria&#8217;s economy is still heavily dependent on the hydrocarbon sector, which accounts for 30% of GDP, 60% of tax revenues and 93% of exports.<\/li>\r\n<li class=\"li1\"><b><\/b><b>Immense potential for renewable energy sources <\/b>(especially solar, but also wind): despite being a country rich in fossil energy resources, Algeria is beginning to address the issue of <span class=\"s2\">&#8216;<\/span>energy transition&#8217;.<\/li>\r\n<li class=\"li1\"><b><\/b><b>Growing agriculture<\/b>: The agricultural sector employs more than 23% of the working population and accounts for 10% of GDP. Upstream of the agri-food industries, there are more than one million farms covering more than 8.5 million hectares of arable land.<\/li>\r\n<li class=\"li1\"><b><\/b><b>Construction<\/b>: the country has planned major public investment in infrastructure (roads, motorways, railways, public city transport) and housing.<\/li>\r\n<li class=\"li1\"><b><\/b><b>Tourist flows<\/b>: nowadays tourism contributes only 3.6% of GDP, but the Algerian government has set itself the objective of increasing its weight in the economy to 10% by 2030. <\/li>\r\n<\/ul>\r\n<p class=\"p1\"><b>Macroeconomic framework<\/b><\/p>\r\n<p class=\"p1\">Algeria has an economy that is highly dependent on hydrocarbons (which account for around 30% of GDP, 60% of tax revenues and 93% of exports) and therefore suffered heavily from the collapse of hydrocarbon prices in 2014. This was compounded by the COVID-19 crisis in 2020, accompanied by a new collapse in oil and gas prices. Inflation remains subdued (+4.3% in 2018 and +2% in 2019) and the country is free of foreign debt.<\/p>\r\n","protected":false},"author":1,"featured_media":0,"parent":14495,"menu_order":0,"template":"","da_non_perdere":[],"la_terra_e_gli_uomini":[389],"buono_a_sapersi":[],"prima_di_partire":[],"class_list":["post-15568","info_viaggi","type-info_viaggi","status-publish","hentry","la_terra_e_gli_uomini-algeria","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economy - Kanaga Africa Tours<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy - Kanaga Africa Tours\" \/>\n<meta property=\"og:description\" content=\"Economic highlights Market size: Algeria is the largest country on the African continent and has a population of 43 million (2020), 50% of whom are under 30 years old. Gas and oil: Algeria&#8217;s economy is still heavily dependent on the hydrocarbon sector, which accounts for 30% of GDP, 60% of tax revenues and 93% of&hellip; Continue reading Economy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Kanaga Africa Tours\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/KanagaAfricaTours\/\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-25T09:40:23+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/economy\\\/\",\"url\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/economy\\\/\",\"name\":\"Economy - Kanaga Africa Tours\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#website\"},\"datePublished\":\"2021-08-03T09:08:29+00:00\",\"dateModified\":\"2022-05-25T09:40:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/economy\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Algeria\",\"item\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/trip-info\\\/algeria-en\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/\",\"name\":\"Kanaga Africa Tours\",\"description\":\"Tour Operator Italiano in Africa\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#organization\",\"name\":\"Kanaga Africa Tours\",\"url\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.kanaga-at.com\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/Logo-viola.png\",\"contentUrl\":\"https:\\\/\\\/www.kanaga-at.com\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/Logo-viola.png\",\"width\":717,\"height\":325,\"caption\":\"Kanaga Africa Tours\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kanaga-at.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/KanagaAfricaTours\\\/\",\"https:\\\/\\\/www.instagram.com\\\/kanaga4211\\\/\",\"https:\\\/\\\/www.youtube.com\\\/@KanagaAfricaTours\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Economy - Kanaga Africa Tours","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/","og_locale":"en_US","og_type":"article","og_title":"Economy - Kanaga Africa Tours","og_description":"Economic highlights Market size: Algeria is the largest country on the African continent and has a population of 43 million (2020), 50% of whom are under 30 years old. Gas and oil: Algeria&#8217;s economy is still heavily dependent on the hydrocarbon sector, which accounts for 30% of GDP, 60% of tax revenues and 93% of&hellip; Continue reading Economy","og_url":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/","og_site_name":"Kanaga Africa Tours","article_publisher":"https:\/\/www.facebook.com\/KanagaAfricaTours\/","article_modified_time":"2022-05-25T09:40:23+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/","url":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/","name":"Economy - Kanaga Africa Tours","isPartOf":{"@id":"https:\/\/www.kanaga-at.com\/en\/#website"},"datePublished":"2021-08-03T09:08:29+00:00","dateModified":"2022-05-25T09:40:23+00:00","breadcrumb":{"@id":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kanaga-at.com\/en\/"},{"@type":"ListItem","position":2,"name":"Algeria","item":"https:\/\/www.kanaga-at.com\/en\/trip-info\/algeria-en\/"},{"@type":"ListItem","position":3,"name":"Economy"}]},{"@type":"WebSite","@id":"https:\/\/www.kanaga-at.com\/en\/#website","url":"https:\/\/www.kanaga-at.com\/en\/","name":"Kanaga Africa Tours","description":"Tour Operator Italiano in Africa","publisher":{"@id":"https:\/\/www.kanaga-at.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.kanaga-at.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.kanaga-at.com\/en\/#organization","name":"Kanaga Africa Tours","url":"https:\/\/www.kanaga-at.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kanaga-at.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.kanaga-at.com\/wp-content\/uploads\/2021\/07\/Logo-viola.png","contentUrl":"https:\/\/www.kanaga-at.com\/wp-content\/uploads\/2021\/07\/Logo-viola.png","width":717,"height":325,"caption":"Kanaga Africa Tours"},"image":{"@id":"https:\/\/www.kanaga-at.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/KanagaAfricaTours\/","https:\/\/www.instagram.com\/kanaga4211\/","https:\/\/www.youtube.com\/@KanagaAfricaTours"]}]}},"_links":{"self":[{"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/info_viaggi\/15568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/info_viaggi"}],"about":[{"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/types\/info_viaggi"}],"author":[{"embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":3,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/info_viaggi\/15568\/revisions"}],"predecessor-version":[{"id":15599,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/info_viaggi\/15568\/revisions\/15599"}],"up":[{"embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/info_viaggi\/14495"}],"wp:attachment":[{"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/media?parent=15568"}],"wp:term":[{"taxonomy":"da_non_perdere","embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/da_non_perdere?post=15568"},{"taxonomy":"la_terra_e_gli_uomini","embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/la_terra_e_gli_uomini?post=15568"},{"taxonomy":"buono_a_sapersi","embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/buono_a_sapersi?post=15568"},{"taxonomy":"prima_di_partire","embeddable":true,"href":"https:\/\/www.kanaga-at.com\/en\/wp-json\/wp\/v2\/prima_di_partire?post=15568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}