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Manufacturing Sector Contribution to GDP in Algeria (1990-2022)

Manufacturing Sector Contribution to GDP in Algeria (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Algeria (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Algeria
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
The manufacturing sector in Algeria experienced notable fluctuations from 1999 to 2022, with a high of 49.9% in 2006. This growth period was influenced by Algeria's increased investment in energy-related manufacturing. However, from 2015 onward, the sector's contribution declined, reaching 18.7% by 2020, reflecting economic challenges and reduced global demand for oil-based products. Recovery efforts and diversification attempts led to a rebound by 2022, bringing the contribution back up to 34.8%.

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