Algeria Crude Oil Production  Forecast


Algeria Crude Oil Production
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Crude Oil Production in Algeria is expected to be 999.54 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Algeria to stand at 1000.10 in 12 months time. In the long-term, the Algeria Crude Oil Production is projected to trend around 1006.73 BBL/D/1K in 2020, according to our econometric models.


Algeria Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -1217 -810 -228 450 1156 5450
Exports 2098 2485 2675 2862 3046 4590
Imports 3315 3510 4006 4620 5268 8687
Current Account -5.93 -4.53 -3.9 -3.32 -2.81 0.21
Current Account to GDP -13.5 -7.7 -4.5 -4.5 -7.47 -2.8
Gold Reserves 174 174 174 174 174 174
Crude Oil Production 1002 1000 998 999 1000 1007
Terms Of Trade 5.3 5.01 4.99 4.96 4.93 3.82
Terrorism Index 3.97 4.36 4.36 4.37 4.38 4.51
Tourism Revenues 304 294 293 291 290 278
Tourist Arrivals 2100 2200 2225 2250 2275 2400
External Debt 3962 4154 4250 4300 4349 4509
Foreign Direct Investment 0.32 0.47 0.54 0.6 0.63 0.76