1. The Economy and Outlook
... accounts for the largest part of the gross domestic product. Since the late 1960s the government has instituted major industrialization programs. The estimated annual national budget in the early 1990s included $14.4 billion in revenues and $14.6 billion in expenditures. Gross domestic product, which measures the total value of goods and services produced, was $47.9 billion in 1999. Algeria ranks fifth in natural ... gases in 14th in oil reserves for the whole world. In Algeria the export of oil and gas began in 1958. The hydrocarbons sector of the industry is the main source of governm...
- Word Count: 1658
- Approx Pages: 7
- Grade Level: Undergraduate