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OFID Member Countries

Official country name: Democratic and Popular Republic of Algeria
National capital: Algiers
Location: In northern Africa, bordered by the Mediterranean Sea to the North, Mali and Niger to the south, Tunisia and Libya to the east, and Morocco and Mauritania to the west.
Area: 2.38 million km2 (second largest country in Africa)


Natural resources: petroleum, natural gas, iron ore, phosphates, uranium, lead, zinc
National currency: Algerian dinar (AD)
Principal exports: petroleum & products, gas (natural and manufactured)
Principal imports: machinery and transport equipment, food and live animals, consumer goods
   
Year: 2009
Population: 33.9 million (2008)
Average annual population growth rate 2007-15: 1.5%
Adult literacy rate: 75.4% (2007)
Life expectancy at birth (total years, 2007): 72.2
GDP growth (annual %): 2.4% (2009)
GDP current: US$159.7 billion (2008)
GDP per capita: US$4,712 (2008)
   
Structure of Output
(in % total GDP) 2008
 
Agriculture, value added
(% of GDP):
7%
Industry, value added
(% of GDP):
62%
Manufacturing, value added
(% of GDP):
5%
Services, value added
(% of GDP):
31%
   
Exports of goods & services (annual % growth): -3 (2009)
Exports of goods & services: US$43.69 billion (2009)
Imports of goods & services: US$26.4 billion (2009)
Imports of goods & services (annual % growth): 38.8% (2009)
Current account balance
(% of GDP):
2.7% (2009)
Inflation (annual %): 5.7% (2009)
Official exchange rate: Dinars to US$, 2009: 72.647
   
OFID Ministerial Council Member: HE Karim Djoudi, Minister of Finance, Ministry of Finance
OFID Governing Board Representative: HE Mr. Omar Bougara, Chief of Cabinet, Ministry of Finance
OFID Alternate Governing Board Representative: Mr. Abdelmalek Zoubeidi, Director-General of Studies and Projections, Ministry of Finance