The recent drop in oil and gas prices has renewed focus on diversifying the economy, and the Algerian government remains committed to this despite lower revenues.
Energy: Exports Seeing the Impact of Lower Prices
Falling oil and gas prices are affecting Algeria's export, revenues, with the energy segment bringing in $61.6bn in 2013, down from $64.9b in 2013.
Transport: Sea Freight on the Rise
In line with its goal of diversifying the economy, the government is seeking to increase Algeria's role in regional shipping routes.
Industry: Adding Greater Value
The expansion of industrial and manufacturing facilities is helping keep a greater share of Algeria's hydrocarbons wealth in-country.
Banking: Financing Economic Growth
Government efforts to boost small and medium0sized enterprises are helping drive an increase in bank loans to the private sector.