January 21st, 2021

The BM expects non-hydrocarbon growth of + 3.6% in 2021 (against a forecast of -6% in 2020) , with a GDP of 19.400 billion DA, or the equivalent of 149.6 billion dollars (billion USD) (against 18.300 billion DA or 143 billion USD in 2020). The non-hydrocarbon BIP should reach, according to the same forecasts, 16,000 billion DA in 2021 (against 15,400 billion DA planned for 2020) while the GDP per capita is expected at 3,323 dollars against 3,232 dollars in 2020.

Expected crude oil production is 955 million barrels / day (mbd) against production of 885 mbd in 2020, while crude oil exports would be 388.5 mbd (compared to 363.8 mbd), according to the note. of the BM. The export price of Algerian oil is expected to reach $ 42 in 2021 against $ 40.4 in 2020. The note forecasts a growth of 3.8% of the consumer price index in 2021 against 2.1% in 2020.

Source: Algérie Presse Service APS