Algerian Economy to Grow Strongly in 2026
The World Bank report projected that the Algerian economy will grow by 3.7% in 2026, relying on rising fuel prices and increased oil and gas production, despite ongoing tensions in the Middle East that have negatively affected some countries. Algeria has not been directly impacted by the conflict and benefits from the price increases, which support its exports and government revenues. Meanwhile, regional GDP is expected to contract by an average of 2.1% due to current conditions, with rising inflationary pressures and shipping costs. However, an improved situation could bring growth back to 7.8% in 2027, driven by a recovery in hydrocarbon production.
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