Industrial Production in Algeria
Algeria's economy recorded an average growth rate of 0.8% in industrial production in the decade to 2022, below the 1.5% average for the Middle East & North Africa region. In 2022, industrial production growth was 1.7%. For more industry information, visit our dedicated page.
Algeria Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Algeria from 2019 to 2018.
Source: Macrobond.
Algeria Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 2.7 | -7.9 | 4.8 | 2.4 | 4.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Algerian industry projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Algerian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Algerian industry projections.
Want to get access to the full dataset of Algerian industry forecasts? Send an email to info@focus-economics.com.