[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-113171-en":3,"doc-seo-113171-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},113171,3848291630094,"Emma Wilson","https://eur-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45",8,"Research & Report","Algeria Economic Update - Staying the Course for Transition - Fall 2022","Algeria Economic Update - Staying the Course for Transition - Fall 2022 reviews recent macroeconomic dynamics and the policy context shaping the country’s transition. The report highlights faster non-hydrocarbon activity early in 2022, moderate job-offer growth, and stabilization in hydrocarbon production, while rising export prices support external accounts and partly finance higher public spending. It also tracks liquidity expansion alongside limited private-sector credit growth, continuing price pressures, and the authorities’ responses, then outlines outlook priorities and risks.","ALGERIA  \nECONOMIC UPDATE  \nPublic Disc losure Authorized  \nStaying the Course  \nfor Transition  \nFall 2022  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized  \nAlgeria Economic Update  \nStaying the Course for Transition  \nFall 2022  \nMiddle East and North Africa Region  \n© 2022 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW  \nWashington DC 20433 Telephone: 202-473-1000  \n[Internet: www.worldbank.org](Internet: www.worldbank.org)  \nThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.  \nThe World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nNothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.  \nAny queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nCover photos used with permission of hamdi [bendali/ShutterStock.com](bendali/ShutterStock.com) (top), [BkhStudio/ShutterStock.com](BkhStudio/ShutterStock.com) (center left),  \n[mehdi33300/ShutterStock.com](mehdi33300/ShutterStock.com) (center right), and [Leonid Andronov/ShutterStock.com](Leonid Andronov/ShutterStock.com) (bottom), Publication design and layout by The Word Express, Inc.  \nTABLE OF CONTENTS  \nAcronyms ............................................................................................................ v  \nAcknowledgments.................................................................................................. vii  \nExecutive Summary ................................................................................................ ix  \nRésumé analytique ................................................................................................ xi  \nملخص تنفيذي ........................................................................................................ xiii  \nChapter 1: Recent Economic Developments ................................................................... 1  \nNon-hydrocarbon growth accelerated in Q1-2022 .................................................................................................... 1  \nJob offers increased moderately in Q2-2022 .............................................................................................................. 2  \nIn addition, hydrocarbon production has stabilized .................................................................................................. 4  \nHowever, the rise in export prices bolstered revenues ............................................................................................. 5  \nTherefore, the upturn in Algeria’s external accounts continues ............................................................................. 6  \nThe jump in hydrocarbon revenues partially ","cbCaidaQKTEfOBCv","https://ap.wps.com/l/cbCaidaQKTEfOBCv","pdf",3499496,1,52,"English","en",105,"# Executive Summary\n# Chapter 1: Recent Economic Developments\n## Non-hydrocarbon growth accelerated in Q1-2022\n## Job offers increased moderately in Q2-2022\n## In addition, hydrocarbon production has stabilized\n## However, the rise in export prices bolstered revenues\n## Therefore, the upturn in Algeria’s external accounts continues\n## The jump in hydrocarbon revenues partially financed a boost in public spending\n## Liquidity continued to grow, without generating a marked increase in private sector credit\n## The rise in prices continued, triggering a strong response from the authorities\n# Chapter 2: Outlook and Risks\n## High hydrocarbon prices continue to give the Algerian economy a comparative respite\n## In a global context of uncertainty, improved resilience is still the priority\n# Annexes\n## Estimating economic activity through nighttime light data\n## Estimation of the multipliers for fiscal expenditure in Algeria\n## Special Sections in Latest Algeria Economic Updates","[{\"question\":\"What key recent developments shaped Algeria’s economy in 2022?\",\"answer\":\"The update highlights accelerated non-hydrocarbon growth in Q1-2022, moderate job-offer growth in Q2-2022, and stabilization in hydrocarbon production. It also notes that higher export prices strengthened external accounts while supporting public spending.\"},{\"question\":\"How did hydrocarbon revenues and prices affect Algeria’s external accounts and spending?\",\"answer\":\"The report states that rising export prices bolstered revenues and that the upturn in Algeria’s external accounts continued. It further indicates that higher hydrocarbon revenues partially financed an increase in public spending.\"},{\"question\":\"What outlook and risks does the report emphasize for the transition?\",\"answer\":\"The outlook section stresses that high hydrocarbon prices provide comparative respite. It also frames resilience as the priority amid global uncertainty, supported by an identified risk and vulnerability focus.\"}]",1784500804,131,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"algeria-economic-update-staying-the-course-for-transition-fall-2022","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/algeria-economic-update-staying-the-course-for-transition-fall-2022/113171/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What key recent developments shaped Algeria’s economy in 2022?","Question",{"text":75,"@type":76},"The update highlights accelerated non-hydrocarbon growth in Q1-2022, moderate job-offer growth in Q2-2022, and stabilization in hydrocarbon production. It also notes that higher export prices strengthened external accounts while supporting public spending.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How did hydrocarbon revenues and prices affect Algeria’s external accounts and spending?",{"text":80,"@type":76},"The report states that rising export prices bolstered revenues and that the upturn in Algeria’s external accounts continued. It further indicates that higher hydrocarbon revenues partially financed an increase in public spending.",{"name":82,"@type":73,"acceptedAnswer":83},"What outlook and risks does the report emphasize for the transition?",{"text":84,"@type":76},"The outlook section stresses that high hydrocarbon prices provide comparative respite. It also frames resilience as the priority amid global uncertainty, supported by an identified risk and vulnerability focus.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":45,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":45,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":45,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":45,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":45,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":45,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":45,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]