Algeria’s industry sector contribution to GDP fluctuated significantly, with a peak of 58.1% in 2006, driven primarily by its oil and gas exports. However, falling global oil prices and efforts to diversify the economy saw this sector's contribution decline to 32.5% in 2020. Recovery efforts, including increased government support for industrial diversification, led to a resurgence, reaching 45.9% in 2022. Algeria’s reliance on hydrocarbons, paired with global energy price shifts, heavily influences this sector’s variability and its ongoing efforts to stabilize through economic diversification.
Find out more through related statistics on Algeria’s central government debt ratio, Algeria’s annual GDP estimates, Algeria’s agriculture share of GDP.
