Bringing inflation under control and the Algerian economy’s ongoing performance in sectors beyond hydrocarbons are “encouraging signs” pointing toward “more robust, sustainable and diversified” growth, a World Bank economist said Wednesday in Algiers.
“The easing of price pressures and robust performance of non-hydrocarbon sector are encouraging signs. Sustaining these gains through continued reforms can drive stronger, more sustainable, and diversified growth,” said Daniel Prinz, World Bank economist for Algeria, at a press briefing presenting the institution’s latest biannual report on the country’s economic conditions.
According to this report entitled “Responding to Climate Challenges and Supporting Sustainable Development,” the Algerian economy pursued its momentum in 2025, with a 4.1%-growth in the first half and an expected expansion of 3.8% over the entire year.
Non-hydrocarbon sectors grew by 5.4%, while inflation dropped to 1.7% over the first nine months, driven by the decline in food prices and a stable exchange rate, according to the World Bank report.
