Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has $150 billion in foreign currency reserves and a large stabilization fund. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.