Services Sector Contribution to GDP in Algeria (1990-2022)

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Key Takeaways

Algeria's services sector saw significant growth from in 1999 to a high of in 2020. The rise reflects diversification efforts away from hydrocarbons, focusing more on tourism and finance. However, a recent decline to by 2022 suggests challenges in sustaining this shift, possibly due to economic strains affecting domestic services consumption.

Find out more through related statistics on Algeria’s manufacturing sector share in GDP, Algeria’s population growth rate, Algeria’s military spending.

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