Algiers, July 2025 — According to data released by the National Statistics Office (ONS), Algeria’s economy grew by 4.5% in the first quarter of 2025 compared to the same period last year (4.2%). Excluding the oil and gas sector, growth reached 5.7%, reflecting the country’s ongoing economic diversification.

Strong contributions came from non-hydrocarbon sectors:

• Agriculture: +6.1%

• Food and tobacco industry: +5.6%

• Leather and footwear sector: +15.4%

• Trade: +8.9%

• Transport and communications: +8.3%

Growth was also supported by domestic demand: gross investment increased by 18%, while household consumption rose by 4.7%.

Meanwhile, the hydrocarbon sector posted a decline: crude oil production fell by 1.5%, refining by 5.5%, and the overall sector contracted by 2.8%. Exports decreased by 3.8%, whereas imports rose by 24%.

Nominal GDP reached approximately 10 trillion dinars (around €77 billion), representing an 8% increase compared to Q1 2024. Inflation eased to 3.3%.

Overall, the figures confirm the resilience of Algeria’s diversification strategy. However, declining hydrocarbon revenues and rising imports highlight the need to further stimulate local production and export-oriented industries.

Source: L’Economiste Maghrébin