Algeria Crude Oil Production - Forecast

Crude Oil Production in Algeria is expected to be 1026.65 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 1015.21 in 12 months time. In the long-term, the Algeria Crude Oil Production is projected to trend around 1008.19 BBL/D/1K in 2020, according to our econometric models.


Algeria Crude Oil Production
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Algeria Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -987 -5516 -6115 -7497 -7094 -9594
Exports 2098 -896 -848 -714 -618 -597
Imports 3085 4620 5268 5897 6477 8997
Current Account -4.91 -3.32 -2.81 -2.34 -1.91 0.94
Current Account to GDP -10.9 -4.5 -4.5 -4.5 -3.2 -2.8
Gold Reserves 174 174 174 174 174 174
Crude Oil Production 1040 1027 1019 1017 1015 1008
Terms Of Trade 5.3 488 500 585 518 720
Terrorism Index 3.97 3.94 3.84 3.73 3.69 3.59
Tourism Revenues 207 217 216 215 223 257
Tourist Arrivals 2102 2200 2250 2300 2400 2200
External Debt 4021 3962 3962 3962 3962 3962
Foreign Direct Investment 0.27 0.32 0.32 0.32 0.32 0.32