In Algeria, the World Bank provides technical assistance and analytical services in various areas, such as social protection, human capital development, disaster risk management, renewable energies and the investment climate.
Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1% increase, driven by robust performance in the nonhydrocarbon and hydrocarbon sectors.
Algeria spends $255 million annually on climate disasters per our new study. Learn more about Algeria’s strengths & weaknesses in combatting climate effects.
The Bank and the government have collaborated to produce a first joint report entitled "Note on Algerian Forest: Sustainable Forest Management to Combat Forest Fires".
Growth is forecasted to slow down for the Middle East and North Africa region. The report discusses policy options and highlights the need for data to guide effective decision-making.
The World Bank’s biennial Poverty and Shared Prosperity report finds that the rate of extreme poverty in the MENA region rose from 3.8% in 2015 to 7.2% in 2018 — the latest year for which data is available.
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