Industrial Production in Algeria
In the year 2024, the industrial production in Algeria was 3.70%, compared to 3.92% in 2014 and 4.35% in 2023. It averaged 1.66% over the last decade. For more industry information, visit our dedicated page.
Algeria Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Algeria from 2024 to 2018.
Source: Macrobond.
Algeria Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 2.7 | -7.9 | 4.8 | 2.4 | 4.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Algerian industry projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Algerian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Algerian industry projections.
Want to get access to the full dataset of Algerian industry forecasts? Send an email to info@focus-economics.com.