ALGIERS – Algeria’s economy is projected to grow by 4.5% in 2025, with non-hydrocarbon sectors expected to see a 5% uptick, according to the forecasts of the Finance Bill (PLF) for the upcoming year.
The gross domestic product (GDP) is projected to reach DZD37,863 billion (USD278.71 billion) in 2025, rising further to DZD40,850.54 billion (USD300.71 billion) in 2026 and DZD41,859.30 billion (USD308.13 billion) in 2027, as outlined in the 2025 Finance Bill presented on Monday by Finance Minister Laaziz Faid before the People’s National Assembly (lower house of Parliament) in a plenary session.
The Finance Bill projects the following real growth rates by sector: 6.2% for industry, 4.4% for agriculture, 4.3% for construction and public works (BTPH), while the hydrocarbon sector is expected to grow by 2.4%.
In the macroeconomic and budgetary framework of the 2025 Finance Bill and the forecasts for 2026-2027, and factoring in the evolving national context as well as the international economic climate, the fiscal reference price of the crude oil barrel is set at $60, while the market price of the barrel is maintained at $70 USD throughout the 2025-2027 period.
Budgetary expenditures are expected to reach DZD16,794.61 billion in 2025, representing a 9.9% increase compared to 2024 (Finance Law).
Regarding the budgetary revenues, they are expected to improve by 3.5% in 2025 compared to the 2024 closing forecasts, reaching DZD8,523.06 billion, primarily driven by a 9% rise in tax revenues.
Faid noted during the presentation that the oil tax revenues included in the 2025 budget are projected to amount to DZD3,453.96 billion.
