Algeria

Algeria is an agro—industrial oil exporting state. Algeria's economy is based mainly on the extraction of hydrocarbons, agriculture and seafood are also developed. 80% of the economy is planned.

Agriculture accounts for about 8% of GDP. The cultivation of wheat, oats, as well as fruits, in particular citrus fruits, and vegetables is developed. The country's agriculture is unable to meet its own demand, which is why Algeria is forced to import food.

Fishing of fish and seafood is more than 20 thousand tons per year. Sardines, mackerel and even sprats are caught in the waters of Algeria. Fresh fish is exported to France, dried and canned - to Spain, Italy and other European countries.

In the early 2010s, Algeria ranked fifth in the world in terms of natural gas reserves and was the second largest global exporter of this type of raw material, behind Russia. The main consumers are the EU countries, the largest is Italy (21 billion m3 of gas per year as of April 2022), as well as France, which was supplied with 6.27 billion cubic meters of LNG in 2010.

Today Algeria is the largest LNG producer in Africa, and its share in the global LNG market is 8%.

Algeria ranks 16th in the world in terms of oil reserves.

Algeria has significant deposits of iron, zinc, lead, copper, arsenic, mercury, phosphates and gold.

At the end of 2019, Algeria's energy sector is characterized by the following main indicators: production of organic fuel — 257,869 thousand here., total supply — 139949 thousand here. Installed capacity – net of power plants — 21,653 MW, including: thermal power plants burning organic fuel — 96.8%, renewable energy sources — 3.2%.