Algerian economy is highly dependent on petroleum and natural gas exports. It is estimated that hydrocarbons account for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. To insulate the Algerian economy from volatility in gas & oil prices, the stabilization fund was set up in 2000, which currently have under management more than 50 billion dollars. State dominance over the economy, corruption and bureaucracy continue to hamper further development and diversification of the economy. This page provides - Algeria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Algeria GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.