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Value of petroleum exports from Algeria from 1990 to 2023 (in billion U.S. dollars)

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Source

Release date

June 2024

Region

Algeria

Survey time period

1990 to 2023

Supplementary notes

Figures have been rounded.

Petroleum refers to crude oil and various petroleum products.

Citation formats

Export value of petroleum from Algeria 1990-2023

Published by Zeynep Dierks, Sep 5, 2024

In 2023, the value of petroleum exports from Algeria amounted to over ** billion U.S. dollars. The value decreased significantly compared to the previous year, when exports reached around **** billion U.S. dollars. In the period under review, the export value peaked at nearly **** billion U.S. dollars in 2008, before dropping in 2009 following the global economic downturn. Algeria is among the main oil-exporting countries in Africa, and oil rents largely contribute to its GDP.

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