Algeria Crude Oil Production  Forecast


Crude Oil Production in Algeria is expected to be 1066.32 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 1065.75 in 12 months time. In the long-term, the Algeria Crude Oil Production is projected to trend around 1064.24 BBL/D/1K in 2020, according to our econometric models.


Algeria Crude Oil Production
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Algeria Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -1239 2316 2993 3602 4139 6511
Exports 2282 3259 3447 3631 3813 5335
Imports 3521 5734 6359 6926 7421 9190
Current Account -4.89 -2.3 -1.81 -1.35 -0.95 1.35
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 1067 1066 1066 1066 1066 1064
Terms Of Trade 5.3 5.01 4.99 4.96 4.93 3.82
Terrorism Index 4.28 4.36 4.36 4.37 4.38 4.51
External Debt 3849 4384 4495 4554 4609 4658
Foreign Direct Investment 0.29 0.61 0.65 0.68 0.71 0.78