Algeria: Statistical Appendix

International Monetary Fund

doi:10.5089/9781451811513.002.A001

Jump to Content

Algeria

Statistical Appendix

Author:

International Monetary Fund

International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar

Publication Date:: 09 Mar 2006

eISBN:: 9781451811513

Language:: English

Keywords:: ISCR; CR; Algeria; profit; tax; consumer goods; income of individual; gross investment; net production; reinvested profits

Download PDF (446.8 KB)

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Abstract

Table 1.

Algeria: Supply and Use of Resources at Current Prices, 2000–04

Sources: Algerian authorities; and Fund staff estimates.

Table 1.

Algeria: Supply and Use of Resources at Current Prices, 2000–04

		2000	2001	2002	2003	2004
			(In billions of dinars)
Gross domestic product		4,123.5	4,260.8	4,546.1	5,264.2	6,126.7
Resource gap		879.5	620.2	455.0	769.2	918.3
Exports of goods and nonfactor services		1,734.8	1,550.9	1,605.8	2,019.8	2,468.1
Imports of goods and nonfactor services		855.2	930.7	1,159.2	1,250.7	1,549.8
Gross domestic spending		3,244.0	3,640.6	4,091.1	4,495.0	5,194.3
Consumption		2,274.3	2,472.3	2,688.4	2,902.4	3,235.8
	Government	560.1	624.6	700.4	777.5	885.6
	Nongovernment	1,714.2	1,847.7	1,988.0	2,124.9	2,350.2
Gross investment		969.7	1,168.3	1,417.6	1,606.0	2,038.5
	Gross fixed capital formation	852.6	965.5	1,111.3	1,265.1	1,476.9
	Change in inventories	117.0	202.8	306.3	340.9	561.6
Gross domestic savings		1,849.2	1,788.5	1,857.7	2,361.8	2,890.9
Net factor income from abroad		-175.2	-123.2	-174.7	-190.0	-220.5
Net current transfers		72.4	105.5	138.0	184.2	178.4
National savings		1,746.4	1,770.8	1,765.0	2,287.9	2,839.6
Gross national product		3,948.3	4,137.6	4,363.0	5,074.2	5,892.2
			(In percent of GDP)
Gross domestic product		100.0	100.0	100.0	100.0	100.0
Resource gap		21.3	14.6	10.0	14.6	15.0
Exports of goods and nonfactor services		42.1	36.4	35.3	38.4	40.3
Imports of goods and nonfactor services		20.7	21.8	25.5	23.8	25.3
Gross domestic spending		78.7	85.4	90.0	85.4	84.8
Consumption		55.2	58.0	59.1	55.1	52.8
	Government	13.6	14.7	15.4	14.8	14.5
	Nongovernment	41.6	43.4	43.7	40.4	38.4
Gross investment		23.5	27.4	31.2	30.5	33.3
	Gross fixed capital formation	20.7	22.7	24.4	24.0	24.1
	Change in inventories	2.8	4.8	6.7	6.5	9.2
Gross domestic savings		44.8	42.0	40.9	44.9	47.2
Net factor income from abroad		-4.2	-2.9	-3.8	-3.6	-3.6
Net current transfers		1.8	2.5	3.0	3.5	2.9
National savings		42.4	41.6	38.8	43.5	46.3
Gross national product		95.8	97.1	96.0	96.4	96.2

Sources: Algerian authorities; and Fund staff estimates.

Table 1.

Algeria: Supply and Use of Resources at Current Prices, 2000–04

		2000	2001	2002	2003	2004
			(In billions of dinars)
Gross domestic product		4,123.5	4,260.8	4,546.1	5,264.2	6,126.7
Resource gap		879.5	620.2	455.0	769.2	918.3
Exports of goods and nonfactor services		1,734.8	1,550.9	1,605.8	2,019.8	2,468.1
Imports of goods and nonfactor services		855.2	930.7	1,159.2	1,250.7	1,549.8
Gross domestic spending		3,244.0	3,640.6	4,091.1	4,495.0	5,194.3
Consumption		2,274.3	2,472.3	2,688.4	2,902.4	3,235.8
	Government	560.1	624.6	700.4	777.5	885.6
	Nongovernment	1,714.2	1,847.7	1,988.0	2,124.9	2,350.2
Gross investment		969.7	1,168.3	1,417.6	1,606.0	2,038.5
	Gross fixed capital formation	852.6	965.5	1,111.3	1,265.1	1,476.9
	Change in inventories	117.0	202.8	306.3	340.9	561.6
Gross domestic savings		1,849.2	1,788.5	1,857.7	2,361.8	2,890.9
Net factor income from abroad		-175.2	-123.2	-174.7	-190.0	-220.5
Net current transfers		72.4	105.5	138.0	184.2	178.4
National savings		1,746.4	1,770.8	1,765.0	2,287.9	2,839.6
Gross national product		3,948.3	4,137.6	4,363.0	5,074.2	5,892.2
			(In percent of GDP)
Gross domestic product		100.0	100.0	100.0	100.0	100.0
Resource gap		21.3	14.6	10.0	14.6	15.0
Exports of goods and nonfactor services		42.1	36.4	35.3	38.4	40.3
Imports of goods and nonfactor services		20.7	21.8	25.5	23.8	25.3
Gross domestic spending		78.7	85.4	90.0	85.4	84.8
Consumption		55.2	58.0	59.1	55.1	52.8
	Government	13.6	14.7	15.4	14.8	14.5
	Nongovernment	41.6	43.4	43.7	40.4	38.4
Gross investment		23.5	27.4	31.2	30.5	33.3
	Gross fixed capital formation	20.7	22.7	24.4	24.0	24.1
	Change in inventories	2.8	4.8	6.7	6.5	9.2
Gross domestic savings		44.8	42.0	40.9	44.9	47.2
Net factor income from abroad		-4.2	-2.9	-3.8	-3.6	-3.6
Net current transfers		1.8	2.5	3.0	3.5	2.9
National savings		42.4	41.6	38.8	43.5	46.3
Gross national product		95.8	97.1	96.0	96.4	96.2

Sources: Algerian authorities; and Fund staff estimates.

Table 2.

Algeria: Sectoral Distribution of GDP at Current Prices, 2000–2004

Sources: Algerian authorities; and Fund staff estimates.

Table 2.

Algeria: Sectoral Distribution of GDP at Current Prices, 2000–2004

			2000	2001	2002	2003	2004
				(In billions of dinars)
Hydrocarbons			1,616.3	1,443.9	1,477.1	1,873.2	2,319.1
Other sectors			2,239.4	2,514.0	2,691.5	2,987.9	3,368.3
	Agriculture		346.2	412.1	417.2	510.0	561.0
	Industry		290.7	312.7	325.9	344.9	369.7
	Construction and public works		335.0	358.9	409.9	446.6	506.4
	Nongovernment services		865.9	958.1	1,039.4	1,133.2	1,296.2
	Government services		401.7	472.2	499.1	553.2	635.0
Imports taxes and duties			267.8	302.9	377.5	403.1	439.3
Gross domestic product			4,123.5	4,260.8	4,546.1	5,264.2	6,126.7
				(In percent of GDP)
Hydrocarbons			39.2	33.9	32.5	35.6	37.9
Other sectors			54.3	59.0	59.2	56.8	55.0
	Of which:
		Agriculture	8.4	9.7	9.2	9.7	9.2
		Industry	7.0	7.3	7.2	6.6	6.0
		Government services	9.7	11.1	11.0	10.5	10.4
				(Annual percentage change)
Hydrocarbons			81.4	-10.7	2.3	26.8	23.8
Other sectors			5.1	12.3	7.1	11.0	12.7
	Of which:
		Agriculture	-3.8	19.0	1.2	22.2	10.0
		Industry	-5.5	7.6	4.2	5.8	7.2
		Government services	77.5	17.6	5.7	10.8	14.8
Gross domestic product			26.9	3.3	6.7	15.8	16.4

Sources: Algerian authorities; and Fund staff estimates.

Table 2.

Algeria: Sectoral Distribution of GDP at Current Prices, 2000–2004

			2000	2001	2002	2003	2004
				(In billions of dinars)
Hydrocarbons			1,616.3	1,443.9	1,477.1	1,873.2	2,319.1
Other sectors			2,239.4	2,514.0	2,691.5	2,987.9	3,368.3
	Agriculture		346.2	412.1	417.2	510.0	561.0
	Industry		290.7	312.7	325.9	344.9	369.7
	Construction and public works		335.0	358.9	409.9	446.6	506.4
	Nongovernment services		865.9	958.1	1,039.4	1,133.2	1,296.2
	Government services		401.7	472.2	499.1	553.2	635.0
Imports taxes and duties			267.8	302.9	377.5	403.1	439.3
Gross domestic product			4,123.5	4,260.8	4,546.1	5,264.2	6,126.7
				(In percent of GDP)
Hydrocarbons			39.2	33.9	32.5	35.6	37.9
Other sectors			54.3	59.0	59.2	56.8	55.0
	Of which:
		Agriculture	8.4	9.7	9.2	9.7	9.2
		Industry	7.0	7.3	7.2	6.6	6.0
		Government services	9.7	11.1	11.0	10.5	10.4
				(Annual percentage change)
Hydrocarbons			81.4	-10.7	2.3	26.8	23.8
Other sectors			5.1	12.3	7.1	11.0	12.7
	Of which:
		Agriculture	-3.8	19.0	1.2	22.2	10.0
		Industry	-5.5	7.6	4.2	5.8	7.2
		Government services	77.5	17.6	5.7	10.8	14.8
Gross domestic product			26.9	3.3	6.7	15.8	16.4

Sources: Algerian authorities; and Fund staff estimates.

Table 3.

Algeria: Sectoral Distribution of Real GDP Growth, 2000–04

(In percent)

Source: Algerian authorities.

Table 3.

Algeria: Sectoral Distribution of Real GDP Growth, 2000–04

(In percent)

			2000	2001	2002	2003	2004
Hydrocarbons			4.9	-1.6	3.7	8.8	3.3
Other sectors
	Agriculture		-5.0	13.2	-1.3	19.7	3.1
	Mining		15.9	-2.8	6.1	0.6	-1.0
	Energy (nonhydroelectric) and water		2.4	5.0	4.3	6.6	5.8
	Manufacturing		-1.3	-1.0	-1.1	-3.5	-1.3
		Food processing	-9.0	-12.5	-19.1	-20.6	-15.7
		Steel, mechanical and electrical construction	2.2	10.9	7.1	8.9	2.0
		Chemical industry	6.2	-3.0	-5.8	-10.6	-2.2
		Textiles	-14.4	-14.5	3.7	-2.4	-14.4
		Leather products	-6.0	-0.6	-19.3	-7.7	15.4
		Building materials	6.4	1.6	8.4	-7.6	10.3
		Wood and paper	-8.2	-13.1	0.9	-6.1	-0.7
		Other	38.2	2.0	1.2	-11.9	5.2
	Private industry		5.3	3.0	6.6	2.9	2.5
	Construction and public works		5.1	2.8	8.2	5.5	8.0
	Nongovernment services		3.1	3.8	5.3	4.2	7.7
	Government services		2.0	2.0	3.0	4.5	4.0
	Import taxes and duties		0.9	4.8	16.7	2.3	10.2
Gross domestic product			2.2	2.6	4.7	6.9	5.2
Gross domestic absorption			0.6	5.8	8.2	5.3	7.9
Consumption			2.1	2.6	4.2	4.1	5.5
	Government		1.5	2.5	5.5	4.2	4.5
	Nongovernment		2.2	2.7	3.8	4.0	5.9
Gross investment			2.4	2.5	7.6	5.7	8.1
Exports of goods and nonfactor services			5.9	-2.7	5.5	7.9	3.8
Imports of goods and nonfactor services			-0.9	3.9	19.5	2.4	11.6
Memorandum item:
	Real per capita GDP		0.7	1.1	3.1	5.3	3.5

Source: Algerian authorities.

Table 3.

Algeria: Sectoral Distribution of Real GDP Growth, 2000–04

(In percent)

			2000	2001	2002	2003	2004
Hydrocarbons			4.9	-1.6	3.7	8.8	3.3
Other sectors
	Agriculture		-5.0	13.2	-1.3	19.7	3.1
	Mining		15.9	-2.8	6.1	0.6	-1.0
	Energy (nonhydroelectric) and water		2.4	5.0	4.3	6.6	5.8
	Manufacturing		-1.3	-1.0	-1.1	-3.5	-1.3
		Food processing	-9.0	-12.5	-19.1	-20.6	-15.7
		Steel, mechanical and electrical construction	2.2	10.9	7.1	8.9	2.0
		Chemical industry	6.2	-3.0	-5.8	-10.6	-2.2
		Textiles	-14.4	-14.5	3.7	-2.4	-14.4
		Leather products	-6.0	-0.6	-19.3	-7.7	15.4
		Building materials	6.4	1.6	8.4	-7.6	10.3
		Wood and paper	-8.2	-13.1	0.9	-6.1	-0.7
		Other	38.2	2.0	1.2	-11.9	5.2
	Private industry		5.3	3.0	6.6	2.9	2.5
	Construction and public works		5.1	2.8	8.2	5.5	8.0
	Nongovernment services		3.1	3.8	5.3	4.2	7.7
	Government services		2.0	2.0	3.0	4.5	4.0
	Import taxes and duties		0.9	4.8	16.7	2.3	10.2
Gross domestic product			2.2	2.6	4.7	6.9	5.2
Gross domestic absorption			0.6	5.8	8.2	5.3	7.9
Consumption			2.1	2.6	4.2	4.1	5.5
	Government		1.5	2.5	5.5	4.2	4.5
	Nongovernment		2.2	2.7	3.8	4.0	5.9
Gross investment			2.4	2.5	7.6	5.7	8.1
Exports of goods and nonfactor services			5.9	-2.7	5.5	7.9	3.8
Imports of goods and nonfactor services			-0.9	3.9	19.5	2.4	11.6
Memorandum item:
	Real per capita GDP		0.7	1.1	3.1	5.3	3.5

Source: Algerian authorities.

Table 4.

Algeria: Production, Exports, and Consumption of Liquid Petroleum Products, 2000–04

(In millions of tons)

Source: Algerian authorities.

^1/Reflects change in inventories and errors of measurement.

Table 4.

Algeria: Production, Exports, and Consumption of Liquid Petroleum Products, 2000–04

(In millions of tons)

			2000	2001	2002	2003	2004
Liquid petroleum and substitutes
	Production		66.8	66.0	70.2	78.4	82.8
		Crude oil and substitutes	41.5	40.6	45.6	54.9	59.3
		Condensate	17.1	16.5	15.9	15.0	15.0
		Liquefied petroleum gas (LPG)	8.2	8.8	8.7	8.5	8.5
	Imports		0.3	0.3	0.4	0.4	0.3
	Refinery input		21.3	22.2	20.6	21.9	19.2
	Direct exports		44.7	44.1	48.3	55.6	62.2
		Crude	21.4	20.4	25.4	33.8	41.3
		Condensate	15.9	15.6	14.8	13.9	13.6
		Liquefied petroleum gas (LPG)	7.4	8.1	8.1	7.9	7.3
	LPG consumption		1.6	1.7	1.7	1.8	1.9
	Discrepancy ^1/		-0.5	-1.7	-0.1	-0.5	-0.2
Refined products
	Production		19.6	21.0	20.4	20.8	18.4
	Exports		13.6	14.2	12.5	12.6	10.0
	Domestic consumption		6.6	6.8	7.5	7.8	8.4
	Discrepancy ^1/		-0.5	0.0	0.5	0.4	0.0
Memorandum item:
	Total exports		58.3	58.3	60.8	68.2	72.2

Source: Algerian authorities.

^1/Reflects change in inventories and errors of measurement.

Table 4.

Algeria: Production, Exports, and Consumption of Liquid Petroleum Products, 2000–04

(In millions of tons)

			2000	2001	2002	2003	2004
Liquid petroleum and substitutes
	Production		66.8	66.0	70.2	78.4	82.8
		Crude oil and substitutes	41.5	40.6	45.6	54.9	59.3
		Condensate	17.1	16.5	15.9	15.0	15.0
		Liquefied petroleum gas (LPG)	8.2	8.8	8.7	8.5	8.5
	Imports		0.3	0.3	0.4	0.4	0.3
	Refinery input		21.3	22.2	20.6	21.9	19.2
	Direct exports		44.7	44.1	48.3	55.6	62.2
		Crude	21.4	20.4	25.4	33.8	41.3
		Condensate	15.9	15.6	14.8	13.9	13.6
		Liquefied petroleum gas (LPG)	7.4	8.1	8.1	7.9	7.3
	LPG consumption		1.6	1.7	1.7	1.8	1.9
	Discrepancy ^1/		-0.5	-1.7	-0.1	-0.5	-0.2
Refined products
	Production		19.6	21.0	20.4	20.8	18.4
	Exports		13.6	14.2	12.5	12.6	10.0
	Domestic consumption		6.6	6.8	7.5	7.8	8.4
	Discrepancy ^1/		-0.5	0.0	0.5	0.4	0.0
Memorandum item:
	Total exports		58.3	58.3	60.8	68.2	72.2

Source: Algerian authorities.

^1/Reflects change in inventories and errors of measurement.

Table 5.

Algeria: Production, Exports, and Consumption of Gas Products, 2000–04

Source: Algerian authorities.

^{^1/}Net of gas reinjected into producing oil wells.

^{^2/}Equal to net production minus gas flared, gas used for lifting and for fuel gas, and other losses in the fields.

^{^3/}Reflects errors in measurement.

Table 5.

Algeria: Production, Exports, and Consumption of Gas Products, 2000–04

					2000	2001	2002	2003	2004
						(In billions of cubic meters)
Gross production					170.2	173.2	175.2	176.0	183.9
Input into oil production					69.1	78.2	77.6	74.6	82.9
Net production ^1/					101.1	95.0	97.6	101.4	101.0
Volume transported ^2/					83.2	78.2	81.5	82.8	82.0
	Domestic consumption				11.8	12.1	13.0	14.0	15.0
	Sales to liquefaction plants				34.6	33.4	34.8	36.4	30.8
		LNG production			26.4	25.8	26.9	28.6	24.4
			Of which:
				LNG exports	26.8	25.9	26.8	28.3	24.2
Exports by pipeline					34.9	31.1	31.1	31.7	35.3
Discrepancy ^3/					1.9	1.5	2.6	0.7	0.9
						(Annual percentage change)
Gross production					9.2	1.8	1.2	0.5	4.5
Input into oil production					18.7	13.2	-0.8	-3.9	11.1
Net production ^1/					3.6	-6.0	2.7	3.9	-0.4
Volume transported ^2/					2.2	-6.0	4.2	1.6	-1.0
	Domestic consumption				9.3	2.9	7.0	7.7	7.1
	Sales to liquefaction plants				-1.4	-3.4	4.1	4.6	-15.4
		LNG production			2.3	-2.3	4.3	6.3	-14.7
			Of which:
				LNG exports	4.3	-3.4	3.5	5.6	-14.5
	Exports by pipeline				2.6	-10.8	-0.2	2.0	11.4
						(In billions of cubic meters; unless specified otherwise)
Memorandum item:
	Total exports				61.1	56.9	57.9	60.0	59.5
Of which:
	LNG exports (in percent)				43.0	45.3	46.3	47.1	40.7
	Piped exports (in percent)				57.0	54.7	53.7	52.9	59.3

Source: Algerian authorities.

^{^1/}Net of gas reinjected into producing oil wells.

^{^2/}Equal to net production minus gas flared, gas used for lifting and for fuel gas, and other losses in the fields.

^{^3/}Reflects errors in measurement.

Table 5.

Algeria: Production, Exports, and Consumption of Gas Products, 2000–04

					2000	2001	2002	2003	2004
						(In billions of cubic meters)
Gross production					170.2	173.2	175.2	176.0	183.9
Input into oil production					69.1	78.2	77.6	74.6	82.9
Net production ^1/					101.1	95.0	97.6	101.4	101.0
Volume transported ^2/					83.2	78.2	81.5	82.8	82.0
	Domestic consumption				11.8	12.1	13.0	14.0	15.0
	Sales to liquefaction plants				34.6	33.4	34.8	36.4	30.8
		LNG production			26.4	25.8	26.9	28.6	24.4
			Of which:
				LNG exports	26.8	25.9	26.8	28.3	24.2
Exports by pipeline					34.9	31.1	31.1	31.7	35.3
Discrepancy ^3/					1.9	1.5	2.6	0.7	0.9
						(Annual percentage change)
Gross production					9.2	1.8	1.2	0.5	4.5
Input into oil production					18.7	13.2	-0.8	-3.9	11.1
Net production ^1/					3.6	-6.0	2.7	3.9	-0.4
Volume transported ^2/					2.2	-6.0	4.2	1.6	-1.0
	Domestic consumption				9.3	2.9	7.0	7.7	7.1
	Sales to liquefaction plants				-1.4	-3.4	4.1	4.6	-15.4
		LNG production			2.3	-2.3	4.3	6.3	-14.7
			Of which:
				LNG exports	4.3	-3.4	3.5	5.6	-14.5
	Exports by pipeline				2.6	-10.8	-0.2	2.0	11.4
						(In billions of cubic meters; unless specified otherwise)
Memorandum item:
	Total exports				61.1	56.9	57.9	60.0	59.5
Of which:
	LNG exports (in percent)				43.0	45.3	46.3	47.1	40.7
	Piped exports (in percent)				57.0	54.7	53.7	52.9	59.3

Source: Algerian authorities.

^{^1/}Net of gas reinjected into producing oil wells.

^{^2/}Equal to net production minus gas flared, gas used for lifting and for fuel gas, and other losses in the fields.

^{^3/}Reflects errors in measurement.

Table 6.

Algeria: Domestic Prices of Major Energy Products, 2000–04

(In dinars per liter; unless otherwise indicated)

Source: Algerian authorities.

Table 6.

Algeria: Domestic Prices of Major Energy Products, 2000–04

(In dinars per liter; unless otherwise indicated)

	2000	2001	2002	2003	2004
Butane (13 kg/bottle)	157.0	157.0	157.0	157.0	200.0
Propane (35 kg/bottle)	278.0	278.0	278.0	278.0	400.0
LPG fuel (kg)	4.3	4.3	4.3	4.3	5.9
LPG car fuel	7.2	7.2	7.2	7.2	9.0
Super gasoline	21.3	21.5	22.3	22.3	23.0
Regular gasoline	19.2	19.2	20.2	20.2	21.2
Gas oil	11.8	11.8	11.8	11.8	13.7
Fuel oil	9.9	9.9	9.9	9.9	10.0

Source: Algerian authorities.

Table 6.

Algeria: Domestic Prices of Major Energy Products, 2000–04

(In dinars per liter; unless otherwise indicated)

	2000	2001	2002	2003	2004
Butane (13 kg/bottle)	157.0	157.0	157.0	157.0	200.0
Propane (35 kg/bottle)	278.0	278.0	278.0	278.0	400.0
LPG fuel (kg)	4.3	4.3	4.3	4.3	5.9
LPG car fuel	7.2	7.2	7.2	7.2	9.0
Super gasoline	21.3	21.5	22.3	22.3	23.0
Regular gasoline	19.2	19.2	20.2	20.2	21.2
Gas oil	11.8	11.8	11.8	11.8	13.7
Fuel oil	9.9	9.9	9.9	9.9	10.0

Source: Algerian authorities.

Table 7.

Algeria: Agricultural Land Use Patterns, 2000–04

(In thousands of hectares)

Source: Algerian authorities.

^{^1/}Industrial tomatoes and tobacco.

^{^2/}Potatoes, tomatoes, garlic and onions, and watermelons.

Table 7.

Algeria: Agricultural Land Use Patterns, 2000–04

(In thousands of hectares)

		2000	2001	2002	2003	2004
Cereals		1,057	2,362	3,131	3,045	3,291
	Durum wheat	545	1,112	1,351	1,322	1,373
	Bread wheat	282	724	814	813	809
	Barley	216	516	895	834	1,029
	Other	15	10	72	78	81
Pulses		63	60	62	68	72
Fodder crops		458	244	396	377	462
Industrial crops ^1/		40	29	30	32	33
Vegetables ^2/		262	154	158	184	198
Grapes		51	52	82	96	99
Fruit trees		470	466	577	646	704
Natural prairies		35	35	24	26	25
Others		5,791	4,787	3,769	3,797	3,438
Total cultivated land		8,227	8,188	8,229	8,271	8,322
Fallow		3,521	3,743	3,734	3,701	3,383

Source: Algerian authorities.

^{^1/}Industrial tomatoes and tobacco.

^{^2/}Potatoes, tomatoes, garlic and onions, and watermelons.

Table 7.

Algeria: Agricultural Land Use Patterns, 2000–04

(In thousands of hectares)

		2000	2001	2002	2003	2004
Cereals		1,057	2,362	3,131	3,045	3,291
	Durum wheat	545	1,112	1,351	1,322	1,373
	Bread wheat	282	724	814	813	809
	Barley	216	516	895	834	1,029
	Other	15	10	72	78	81
Pulses		63	60	62	68	72
Fodder crops		458	244	396	377	462
Industrial crops ^1/		40	29	30	32	33
Vegetables ^2/		262	154	158	184	198
Grapes		51	52	82	96	99
Fruit trees		470	466	577	646	704
Natural prairies		35	35	24	26	25
Others		5,791	4,787	3,769	3,797	3,438
Total cultivated land		8,227	8,188	8,229	8,271	8,322
Fallow		3,521	3,743	3,734	3,701	3,383

Source: Algerian authorities.

^{^1/}Industrial tomatoes and tobacco.

^{^2/}Potatoes, tomatoes, garlic and onions, and watermelons.

Table 8.

Algeria: Crop Yields, 2000–04

(In kilograms per hectare)

Source: Algerian authorities.

Table 8.

Algeria: Crop Yields, 2000–04

(In kilograms per hectare)

		2000	2001	2002	2003	2004
Cereals
	Hard wheat	890	1,114	1,168	1,424	1,531
	Soft wheat	970	1,105	940	1,486	1,037
	Barley	760	1,114	1,036	1,562	1,324
Potatoes		16,610	14,782	18,356	21,204	20,358
Pulses
	Fava beans	380	646	680	902	872
	Chickpeas	340	638	774	836	709

Source: Algerian authorities.

Table 8.

Algeria: Crop Yields, 2000–04

(In kilograms per hectare)

		2000	2001	2002	2003	2004
Cereals
	Hard wheat	890	1,114	1,168	1,424	1,531
	Soft wheat	970	1,105	940	1,486	1,037
	Barley	760	1,114	1,036	1,562	1,324
Potatoes		16,610	14,782	18,356	21,204	20,358
Pulses
	Fava beans	380	646	680	902	872
	Chickpeas	340	638	774	836	709

Source: Algerian authorities.

Table 9.

Algeria: Livestock, 2000–04

(In thousands of heads)

Source: Algerian authorities.

Table 9.

Algeria: Livestock, 2000–04

(In thousands of heads)

	2000	2001	2002	2003	2004
Bovine	1,364	1,613	1,540	1,560	1,534
Ovine	17,616	17,298	17,535	17,503	18,293
Caprine	3,027	3,129	3,310	3,325	3,450
Cameline	234	245	245	253	273

Source: Algerian authorities.

Table 9.

Algeria: Livestock, 2000–04

(In thousands of heads)

	2000	2001	2002	2003	2004
Bovine	1,364	1,613	1,540	1,560	1,534
Ovine	17,616	17,298	17,535	17,503	18,293
Caprine	3,027	3,129	3,310	3,325	3,450
Cameline	234	245	245	253	273

Source: Algerian authorities.

Table 10.

Algeria: Indices of Industrial Production in Public Enterprises, 2000–04

Source: Algerian authorities.

Table 10.

Algeria: Indices of Industrial Production in Public Enterprises, 2000–04

	2000	2001	2002	2003	2004
		(1989 = 100)
Water and energy	171.3	179.9	187.7	200.0	211.6
Hydrocarbons	129.3	128.6	133.8	143.7	145.2
Mining and quarrying	79.6	77.3	83.1	83.6	82.7
Mechanical and electrical	56.6	62.8	67.2	73.2	74.7
Construction materials	97.1	98.6	104.8	96.8	106.7
Chemicals	97.2	94.3	88.8	79.4	77.7
Food processing	85.5	74.8	60.5	48.1	40.5
Textiles	33.4	28.5	29.6	28.9	24.7
Leather and hides	15.5	15.4	13.0	12.1	13.9
Woods and paper	35.6	30.9	31.2	29.4	29.2
Other industries	26.5	27.0	27.3	24.1	25.3
General index	85.2	85.0	86.2	87.0	87.8
General index (excluding hydrocarbons)	75.0	74.8	75.0	73.8	74.4
General index of manufactured commodities	66.8	66.2	65.5	62.9	62.1
		(Annual percentage change)
Water and energy	2.4	5.0	4.4	6.6	5.8
Hydrocarbons	6.4	-0.5	4.0	7.4	1.1
Mining and quarrying	15.8	-2.9	7.4	0.6	-1.0
Mechanical and electrical	2.2	11.0	7.0	8.9	2.0
Construction materials	7.3	1.6	6.2	-7.6	10.2
Chemicals	6.0	-3.1	-5.8	-10.6	-2.2
Food processing	-9.0	-12.5	-19.1	-20.6	-15.7
Textiles	-15.7	-14.7	3.9	-2.4	-14.5
Leather and hides	-2.5	-0.5	-15.7	-7.3	15.4
Woods and paper	-8.5	-13.1	0.9	-5.9	-0.7
Other industries	38.6	1.9	1.1	-11.7	5.0
General index	1.7	-0.3	1.4	0.9	0.9
General index (excluding hydrocarbons)	-0.1	-0.3	0.3	-1.6	0.8
General index of manufactured commodities	-1.4	-0.9	-1.1	-3.9	-1.3

Source: Algerian authorities.

Table 10.

Algeria: Indices of Industrial Production in Public Enterprises, 2000–04

	2000	2001	2002	2003	2004
		(1989 = 100)
Water and energy	171.3	179.9	187.7	200.0	211.6
Hydrocarbons	129.3	128.6	133.8	143.7	145.2
Mining and quarrying	79.6	77.3	83.1	83.6	82.7
Mechanical and electrical	56.6	62.8	67.2	73.2	74.7
Construction materials	97.1	98.6	104.8	96.8	106.7
Chemicals	97.2	94.3	88.8	79.4	77.7
Food processing	85.5	74.8	60.5	48.1	40.5
Textiles	33.4	28.5	29.6	28.9	24.7
Leather and hides	15.5	15.4	13.0	12.1	13.9
Woods and paper	35.6	30.9	31.2	29.4	29.2
Other industries	26.5	27.0	27.3	24.1	25.3
General index	85.2	85.0	86.2	87.0	87.8
General index (excluding hydrocarbons)	75.0	74.8	75.0	73.8	74.4
General index of manufactured commodities	66.8	66.2	65.5	62.9	62.1
		(Annual percentage change)
Water and energy	2.4	5.0	4.4	6.6	5.8
Hydrocarbons	6.4	-0.5	4.0	7.4	1.1
Mining and quarrying	15.8	-2.9	7.4	0.6	-1.0
Mechanical and electrical	2.2	11.0	7.0	8.9	2.0
Construction materials	7.3	1.6	6.2	-7.6	10.2
Chemicals	6.0	-3.1	-5.8	-10.6	-2.2
Food processing	-9.0	-12.5	-19.1	-20.6	-15.7
Textiles	-15.7	-14.7	3.9	-2.4	-14.5
Leather and hides	-2.5	-0.5	-15.7	-7.3	15.4
Woods and paper	-8.5	-13.1	0.9	-5.9	-0.7
Other industries	38.6	1.9	1.1	-11.7	5.0
General index	1.7	-0.3	1.4	0.9	0.9
General index (excluding hydrocarbons)	-0.1	-0.3	0.3	-1.6	0.8
General index of manufactured commodities	-1.4	-0.9	-1.1	-3.9	-1.3

Source: Algerian authorities.

Table 11.

Algeria: Production of Minerals, 2000–04 ^1/

Source: Algerian authorities.

^{^1/}Excluding hydrocarbons.

^{^2/}In thousands of containers, each weighing 34 kilograms.

Table 11.

Algeria: Production of Minerals, 2000–04 ^1/

	2000	2001	2002	2003	2004
		(In thousands of tons; unless otherwise indicated)
Iron ore	1,609	1,271	962	1,378	1,414
Phosphates	796	901	740	905	784
Zinc and lead	11	11	9	3	0.2
Mercury ^2/	6	9	9	5	3
		(Annual percentage change)
Iron ore	20.3	-21.0	-24.3	43.2	2.6
Phosphates	-27.4	13.2	-17.9	22.3	-13.4
Zinc and lead	10.8	-0.9	-19.6	-67.4	-92.9
Mercury ^2/	-11.4	50.0	-4.3	-42.7	-49.0

Source: Algerian authorities.

^{^1/}Excluding hydrocarbons.

^{^2/}In thousands of containers, each weighing 34 kilograms.

Table 11.

Algeria: Production of Minerals, 2000–04 ^1/

	2000	2001	2002	2003	2004
		(In thousands of tons; unless otherwise indicated)
Iron ore	1,609	1,271	962	1,378	1,414
Phosphates	796	901	740	905	784
Zinc and lead	11	11	9	3	0.2
Mercury ^2/	6	9	9	5	3
		(Annual percentage change)
Iron ore	20.3	-21.0	-24.3	43.2	2.6
Phosphates	-27.4	13.2	-17.9	22.3	-13.4
Zinc and lead	10.8	-0.9	-19.6	-67.4	-92.9
Mercury ^2/	-11.4	50.0	-4.3	-42.7	-49.0

Source: Algerian authorities.

^{^1/}Excluding hydrocarbons.

^{^2/}In thousands of containers, each weighing 34 kilograms.

Table 12.

Algeria: Housing Supply, 2000–04

Source: Algerian Authorities.

Table 12.

Algeria: Housing Supply, 2000–04

			2000	2001	2002	2003	2004
				(In thousands of dwellings delivered)
Formal			130.1	102.0	104.3	74.1	81.2
	Social		120.5	96.0	95.7	65.4	71.9
		Rental	60.5	45.8	50.9	35.5	23.1
		Owner occupied	60.0	50.2	44.8	29.9	48.8
	Other formal		9.6	6.0	8.6	8.7	9.3
		Public	7.4	4.8	6.4	6.9	7.2
		Private	2.2	1.1	2.2	1.8	2.1
Autoconstruction			32.0	30.0	29.6	37.1	35.3
Total			162.1	132.0	133.8	111.2	116.5
				(In percent of total)
Formal			80.3	77.3	77.9	66.6	69.7
	Social		74.4	72.7	71.5	58.8	61.7
		Rental	37.3	34.7	38.0	31.9	19.8
		Owner occupied	37.0	38.0	33.4	26.9	41.9
	Other formal		5.9	4.5	6.4	7.8	8.0
		Public	4.6	3.7	4.8	6.2	6.2
		Private	1.3	0.9	1.6	1.6	1.8
Autoconstruction			19.7	22.7	22.1	33.4	30.3
Total			100.0	100.0	100.0	100.0	100.0

Source: Algerian Authorities.

Table 12.

Algeria: Housing Supply, 2000–04

			2000	2001	2002	2003	2004
				(In thousands of dwellings delivered)
Formal			130.1	102.0	104.3	74.1	81.2
	Social		120.5	96.0	95.7	65.4	71.9
		Rental	60.5	45.8	50.9	35.5	23.1
		Owner occupied	60.0	50.2	44.8	29.9	48.8
	Other formal		9.6	6.0	8.6	8.7	9.3
		Public	7.4	4.8	6.4	6.9	7.2
		Private	2.2	1.1	2.2	1.8	2.1
Autoconstruction			32.0	30.0	29.6	37.1	35.3
Total			162.1	132.0	133.8	111.2	116.5
				(In percent of total)
Formal			80.3	77.3	77.9	66.6	69.7
	Social		74.4	72.7	71.5	58.8	61.7
		Rental	37.3	34.7	38.0	31.9	19.8
		Owner occupied	37.0	38.0	33.4	26.9	41.9
	Other formal		5.9	4.5	6.4	7.8	8.0
		Public	4.6	3.7	4.8	6.2	6.2
		Private	1.3	0.9	1.6	1.6	1.8
Autoconstruction			19.7	22.7	22.1	33.4	30.3
Total			100.0	100.0	100.0	100.0	100.0

Source: Algerian Authorities.

Table 13.

Algeria: Consumer Price Index, 2000–04 ^1/

Source: Algerian authorities.

^{^1/}Includes 256 items and covers households in area of Algiers.

Table 13.

Algeria: Consumer Price Index, 2000–04 ^1/

	Weights (In percent)	2000	2001	2002	2003	2004
		(1989 = 100)
Foodstuffs, beverages, and tobacco	44.1	572.8	604.4	606.0	629.4	652.9
Clothing and shoes	11.6	424.0	439.3	443.9	443.8	445.0
Housing costs	5.6	607.8	622.4	622.5	633.2	644.1
Furniture	6.8	365.9	373.4	374.8	373.2	372.4
Health and medical care	3.4	603.1	644.0	660.5	667.0	666.9
Transportation and communications	11.5	483.9	500.1	514.4	543.3	601.1
Education and entertainment	6.5	461.7	464.6	469.2	470.3	474.2
Other services	10.5	648.2	668.5	707.0	709.5	735.2
General index	100.0	535.0	557.6	565.5	580.1	600.8
		(Average percentage change)
Foodstuffs, beverages, and tobacco	…	-0.8	5.5	0.3	3.8	3.7
Clothing and shoes	…	1.4	3.6	1.0	0.0	0.3
Housing costs	…	1.7	2.4	0.0	1.7	1.7
Furniture	…	0.9	2.0	0.4	-0.4	-0.2
Health and medical care	…	3.7	6.8	2.6	1.0	0.0
Transportation and communications	…	2.3	3.4	2.9	5.6	10.6
Education and entertainment	…	-4.4	0.6	1.0	0.2	0.8
Other services	…	2.6	3.1	5.8	0.4	3.6
General index	…	0.3	4.2	1.4	2.6	3.6

Source: Algerian authorities.

^{^1/}Includes 256 items and covers households in area of Algiers.

Table 13.

Algeria: Consumer Price Index, 2000–04 ^1/

	Weights (In percent)	2000	2001	2002	2003	2004
		(1989 = 100)
Foodstuffs, beverages, and tobacco	44.1	572.8	604.4	606.0	629.4	652.9
Clothing and shoes	11.6	424.0	439.3	443.9	443.8	445.0
Housing costs	5.6	607.8	622.4	622.5	633.2	644.1
Furniture	6.8	365.9	373.4	374.8	373.2	372.4
Health and medical care	3.4	603.1	644.0	660.5	667.0	666.9
Transportation and communications	11.5	483.9	500.1	514.4	543.3	601.1
Education and entertainment	6.5	461.7	464.6	469.2	470.3	474.2
Other services	10.5	648.2	668.5	707.0	709.5	735.2
General index	100.0	535.0	557.6	565.5	580.1	600.8
		(Average percentage change)
Foodstuffs, beverages, and tobacco	…	-0.8	5.5	0.3	3.8	3.7
Clothing and shoes	…	1.4	3.6	1.0	0.0	0.3
Housing costs	…	1.7	2.4	0.0	1.7	1.7
Furniture	…	0.9	2.0	0.4	-0.4	-0.2
Health and medical care	…	3.7	6.8	2.6	1.0	0.0
Transportation and communications	…	2.3	3.4	2.9	5.6	10.6
Education and entertainment	…	-4.4	0.6	1.0	0.2	0.8
Other services	…	2.6	3.1	5.8	0.4	3.6
General index	…	0.3	4.2	1.4	2.6	3.6

Source: Algerian authorities.

^{^1/}Includes 256 items and covers households in area of Algiers.

Table 14.

Algeria: Income of Households, 2000–04

(In billions of dinars)

Source: Algerian authorities.

^{^1/}Includes social security contributions paid by employees.

Table 14.

Algeria: Income of Households, 2000–04

(In billions of dinars)

		2000	2001	2002	2003	2004
Wages and salaries ^1/		866.1	957.0	1,030.3	1,129.3	1,229.0
	Agriculture	39.2	42.4	43.3	47.6	51.0
	Central Government	410.4	464.3	500.3	551.7	595.0
	Other sectors	416.5	450.3	486.7	530.0	583.0
Self-employed		825.4	938.2	1,006.3	1,179.3	1,329.0
Transfers		431.3	501.4	546.0	622.0	772.0
Gross income		2,122.8	2,396.6	2,582.6	2,930.6	3,330.0
Disposable income		1,901.9	2,141.5	2,301.9	2,608.0	2,968.0

Source: Algerian authorities.

^{^1/}Includes social security contributions paid by employees.

Table 14.

Algeria: Income of Households, 2000–04

(In billions of dinars)

		2000	2001	2002	2003	2004
Wages and salaries ^1/		866.1	957.0	1,030.3	1,129.3	1,229.0
	Agriculture	39.2	42.4	43.3	47.6	51.0
	Central Government	410.4	464.3	500.3	551.7	595.0
	Other sectors	416.5	450.3	486.7	530.0	583.0
Self-employed		825.4	938.2	1,006.3	1,179.3	1,329.0
Transfers		431.3	501.4	546.0	622.0	772.0
Gross income		2,122.8	2,396.6	2,582.6	2,930.6	3,330.0
Disposable income		1,901.9	2,141.5	2,301.9	2,608.0	2,968.0

Source: Algerian authorities.

^{^1/}Includes social security contributions paid by employees.

Table 15.

Algeria: Labor Force, Employment, and Unemployment, 2000–04 ^1/

(In thousands; unless otherwise indicated)

Source: Algerian authorities.

^{^1/}Data not strictly comparable over time.

^{^2/}Including military draft and irregular employment. The increase in 2004 possibly reflects in part the occurrence of Ramadan shortly after the annual household survey was conducted.

^{^3/}Unemployed of less than 24 years of age in percent of labor force of less than 24 years of age.

Table 15.

Algeria: Labor Force, Employment, and Unemployment, 2000–04 ^1/

(In thousands; unless otherwise indicated)

			2000	2001	2002	2003	2004
Labor force			8,850	9,075	9,305	9,540	9,780
	Agriculture		1,185	1,328	1,438	1,565	1,617
	Other sectors		7,665	7,747	7,867	7,975	8,163
Employment			4,978	5,199	5,462	5,741	5,976
	Agriculture		1,185	1,328	1,438	1,565	1,617
	Other sectors		3,793	3,871	4,024	4,176	4,359
		Industry	499	503	504	510	523
		Construction and public works	781	803	860	907	977
		Government	1,435	1,456	1,503	1,490	1,510
		Other	1,078	1,109	1,157	1,269	1,349
Work at home ^2/			1,263	1,398	1,455	1,537	2,070
Unemployed			2,611	2,478	2,388	2,262	1,734
	(in percent of labor force)		29.5	27.3	25.7	23.7	17.7
Youth unemployment ^3/			54.1	47.9	…	45.5	32.5
Urban youth unemployment			57.7	55.3	…	50.9	35.4

Source: Algerian authorities.

^{^1/}Data not strictly comparable over time.

^{^2/}Including military draft and irregular employment. The increase in 2004 possibly reflects in part the occurrence of Ramadan shortly after the annual household survey was conducted.

^{^3/}Unemployed of less than 24 years of age in percent of labor force of less than 24 years of age.

Table 15.

Algeria: Labor Force, Employment, and Unemployment, 2000–04 ^1/

(In thousands; unless otherwise indicated)

			2000	2001	2002	2003	2004
Labor force			8,850	9,075	9,305	9,540	9,780
	Agriculture		1,185	1,328	1,438	1,565	1,617
	Other sectors		7,665	7,747	7,867	7,975	8,163
Employment			4,978	5,199	5,462	5,741	5,976
	Agriculture		1,185	1,328	1,438	1,565	1,617
	Other sectors		3,793	3,871	4,024	4,176	4,359
		Industry	499	503	504	510	523
		Construction and public works	781	803	860	907	977
		Government	1,435	1,456	1,503	1,490	1,510
		Other	1,078	1,109	1,157	1,269	1,349
Work at home ^2/			1,263	1,398	1,455	1,537	2,070
Unemployed			2,611	2,478	2,388	2,262	1,734
	(in percent of labor force)		29.5	27.3	25.7	23.7	17.7
Youth unemployment ^3/			54.1	47.9	…	45.5	32.5
Urban youth unemployment			57.7	55.3	…	50.9	35.4

Source: Algerian authorities.

^{^1/}Data not strictly comparable over time.

^{^2/}Including military draft and irregular employment. The increase in 2004 possibly reflects in part the occurrence of Ramadan shortly after the annual household survey was conducted.

^{^3/}Unemployed of less than 24 years of age in percent of labor force of less than 24 years of age.

Table 16.

Algeria: Summary of Central Government Operations, 2000–04

(In billions of dinars)

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts, which are classified under nonbank financing.

^{^2/}Including dividends on current profits paid by Sonatrach.

^{^3/}Covers expenditures for public services, food subsidies, agricultural price support, and cash transfers for the poor.

^{^4/}Including special accounts, net lending and operations of the Rehabilitation Fund.

^{^5/}Including debt rescheduling proceeds blocked on account at Bank of Algeria.

^{^6/}Includes external debt rescheduling proceeds.

Table 16.

Algeria: Summary of Central Government Operations, 2000–04

(In billions of dinars)

				2000	2001	2002	2003	2004
Total budget revenue and grants ^1/				1,578.1	1,505.5	1,603.0	1,947.6	2,215.2
	Hydrocarbon revenue ^2/			1,213.2	1,001.4	1,007.9	1,350.2	1,570.7
	Nonhydrocarbon revenue ^1/			364.9	488.5	595.1	594.6	644.1
		Tax revenue		349.5	398.2	482.9	524.9	580.4
			Taxes on income and profits	82.0	98.5	112.2	127.9	148.0
			Taxes on goods and services	165.0	179.2	223.4	233.9	274.0
			Customs duties	86.3	103.7	128.4	143.8	138.8
			Registration and stamps	16.2	16.8	18.9	19.3	19.6
		Nontax revenues ^1/		15.4	90.9	112.2	69.7	63.7
		Fees ^1/		15.4	43.7	74.6	23.6	27.0
		Bank of Algeria dividends		0.0	46.6	37.6	42.1	30.0
		Dividends from holdings		0.0	0.6	0.0	4.0	6.7
	Grants			0.0	15.6	0.0	2.9	0.4
Total budget expenditure				1,178.1	1,321.0	1,550.5	1,691.4	1,891.8
	Current expenditure			838.9	798.6	1,097.7	1,120.9	1,245.5
		Personnel expenditure		261.6	288.8	346.2	398.0	446.8
		Mudjahidins’ pensions		60.6	56.1	73.8	62.7	69.2
		Material and supplies		54.6	59.1	68.5	58.8	71.7
		Current transfers ^3/		300.4	247.1	471.9	487.5	572.6
		Interest payments		161.7	147.5	137.2	114.0	85.2
	Capital expenditure			339.2	522.4	452.9	570.4	646.3
Budget balance				400.0	184.5	52.5	256.2	323.4
Special accounts balance				-0.7	-20.0	-11.2	186.9	109.9
Net lending by Treasury				0.5	-6.5	30.9	32.6	11.8
Primary balance ^4/				560.5	318.5	147.6	524.5	506.7
Overall balance ^4/				398.8	171.0	10.4	410.5	421.5
Financing				398.8	171.0	10.4	410.5	421.5
	Domestic ^5/			495.9	281.6	85.3	501.4	474.7
	Foreign ^6/			-97.1	-110.6	-74.9	-90.9	-53.2

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts, which are classified under nonbank financing.

^{^2/}Including dividends on current profits paid by Sonatrach.

^{^3/}Covers expenditures for public services, food subsidies, agricultural price support, and cash transfers for the poor.

^{^4/}Including special accounts, net lending and operations of the Rehabilitation Fund.

^{^5/}Including debt rescheduling proceeds blocked on account at Bank of Algeria.

^{^6/}Includes external debt rescheduling proceeds.

Table 16.

Algeria: Summary of Central Government Operations, 2000–04

(In billions of dinars)

				2000	2001	2002	2003	2004
Total budget revenue and grants ^1/				1,578.1	1,505.5	1,603.0	1,947.6	2,215.2
	Hydrocarbon revenue ^2/			1,213.2	1,001.4	1,007.9	1,350.2	1,570.7
	Nonhydrocarbon revenue ^1/			364.9	488.5	595.1	594.6	644.1
		Tax revenue		349.5	398.2	482.9	524.9	580.4
			Taxes on income and profits	82.0	98.5	112.2	127.9	148.0
			Taxes on goods and services	165.0	179.2	223.4	233.9	274.0
			Customs duties	86.3	103.7	128.4	143.8	138.8
			Registration and stamps	16.2	16.8	18.9	19.3	19.6
		Nontax revenues ^1/		15.4	90.9	112.2	69.7	63.7
		Fees ^1/		15.4	43.7	74.6	23.6	27.0
		Bank of Algeria dividends		0.0	46.6	37.6	42.1	30.0
		Dividends from holdings		0.0	0.6	0.0	4.0	6.7
	Grants			0.0	15.6	0.0	2.9	0.4
Total budget expenditure				1,178.1	1,321.0	1,550.5	1,691.4	1,891.8
	Current expenditure			838.9	798.6	1,097.7	1,120.9	1,245.5
		Personnel expenditure		261.6	288.8	346.2	398.0	446.8
		Mudjahidins’ pensions		60.6	56.1	73.8	62.7	69.2
		Material and supplies		54.6	59.1	68.5	58.8	71.7
		Current transfers ^3/		300.4	247.1	471.9	487.5	572.6
		Interest payments		161.7	147.5	137.2	114.0	85.2
	Capital expenditure			339.2	522.4	452.9	570.4	646.3
Budget balance				400.0	184.5	52.5	256.2	323.4
Special accounts balance				-0.7	-20.0	-11.2	186.9	109.9
Net lending by Treasury				0.5	-6.5	30.9	32.6	11.8
Primary balance ^4/				560.5	318.5	147.6	524.5	506.7
Overall balance ^4/				398.8	171.0	10.4	410.5	421.5
Financing				398.8	171.0	10.4	410.5	421.5
	Domestic ^5/			495.9	281.6	85.3	501.4	474.7
	Foreign ^6/			-97.1	-110.6	-74.9	-90.9	-53.2

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts, which are classified under nonbank financing.

^{^2/}Including dividends on current profits paid by Sonatrach.

^{^3/}Covers expenditures for public services, food subsidies, agricultural price support, and cash transfers for the poor.

^{^4/}Including special accounts, net lending and operations of the Rehabilitation Fund.

^{^5/}Including debt rescheduling proceeds blocked on account at Bank of Algeria.

^{^6/}Includes external debt rescheduling proceeds.

Table 17.

Algeria: Composition of Central Government Revenue, 2000–04

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts.

Table 17.

Algeria: Composition of Central Government Revenue, 2000–04

					2000	2001	2002	2003	2004
						(In billions of dinars)
Total budget revenue and grants ^1/					1,578.1	1,505.6	1,603.2	1,947.6	2,215.2
	Hydrocarbon revenue				1,213.2	1,001.4	1,007.9	1,350.2	1,570.7
		Of which: Sonatrach dividends			40.0	45.0	65.0	65.0	85.0
	Nonhydrocarbon revenue ^1/				364.9	488.6	595.3	594.6	644.1
		Tax revenue			349.5	398.3	483.1	524.9	580.4
			Taxes on income and profits		82.0	98.5	112.3	127.9	148.0
				Wage income taxes	34.9	45.5	52.7	63.3	77.4
				Other	47.1	53.0	59.6	64.6	70.6
		Taxes on goods and services			165.0	179.3	223.5	233.9	274.0
			VAT and excises on imports		54.5	60.8	79.2	92.9	118.8
			VAT and excises on domestic activities		72.1	80.2	101.1	102.5	115.1
				VAT on domestic transactions	47.8	55.0	70.9	73.4	86.6
				Tobacco and alcohol excises (DIC)	24.3	25.2	30.2	29.1	28.5
			VAT on petroleum products/levy		11.2	10.5	9.9	5.6	5.7
			Excises on petroleum products		25.7	27.3	32.5	30.3	31.4
			Other taxes		0.0	0.0	0.0	1.9	2.2
			Other indirect taxes		1.5	0.5	0.8	0.8	0.7
	Customs duties				86.3	103.7	128.4	143.8	138.8
	Registration and stamps				16.2	16.8	18.9	19.3	19.6
	Nontax revenue ^1/				15.4	90.3	112.2	69.7	63.7
		Fees ^1/			15.4	43.7	74.6	23.6	27.0
		Bank of Algeria dividends			0.0	46.6	37.6	42.1	30.0
		Dividends from holdings			0.0	0.6	0.0	4.0	6.7
	Grants				0.0	15.6	0.0	2.9	0.4
					(In percent of total budget revenue and grants)
Total budget revenue and grants					100.0	100.0	100.0	100.0	100.0
	Hydrocarbon revenue				76.9	66.5	62.9	69.3	70.9
	Nonhydrocarbon revenue				23.1	32.5	37.1	30.5	29.1
		Tax revenue			22.1	26.5	30.1	27.0	26.2
			Taxes on income and profits		5.2	6.5	7.0	6.6	6.7
			Taxes on goods and services		10.5	11.9	13.9	12.0	12.4
			Customs duties		5.5	6.9	8.0	7.4	6.3
			Registration and stamps		1.0	1.1	1.2	1.0	0.9
		Nontax revenue			1.0	6.0	7.0	3.6	2.9
	Grants				0.0	1.0	0.0	0.1	0.0

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts.

Table 17.

Algeria: Composition of Central Government Revenue, 2000–04

					2000	2001	2002	2003	2004
						(In billions of dinars)
Total budget revenue and grants ^1/					1,578.1	1,505.6	1,603.2	1,947.6	2,215.2
	Hydrocarbon revenue				1,213.2	1,001.4	1,007.9	1,350.2	1,570.7
		Of which: Sonatrach dividends			40.0	45.0	65.0	65.0	85.0
	Nonhydrocarbon revenue ^1/				364.9	488.6	595.3	594.6	644.1
		Tax revenue			349.5	398.3	483.1	524.9	580.4
			Taxes on income and profits		82.0	98.5	112.3	127.9	148.0
				Wage income taxes	34.9	45.5	52.7	63.3	77.4
				Other	47.1	53.0	59.6	64.6	70.6
		Taxes on goods and services			165.0	179.3	223.5	233.9	274.0
			VAT and excises on imports		54.5	60.8	79.2	92.9	118.8
			VAT and excises on domestic activities		72.1	80.2	101.1	102.5	115.1
				VAT on domestic transactions	47.8	55.0	70.9	73.4	86.6
				Tobacco and alcohol excises (DIC)	24.3	25.2	30.2	29.1	28.5
			VAT on petroleum products/levy		11.2	10.5	9.9	5.6	5.7
			Excises on petroleum products		25.7	27.3	32.5	30.3	31.4
			Other taxes		0.0	0.0	0.0	1.9	2.2
			Other indirect taxes		1.5	0.5	0.8	0.8	0.7
	Customs duties				86.3	103.7	128.4	143.8	138.8
	Registration and stamps				16.2	16.8	18.9	19.3	19.6
	Nontax revenue ^1/				15.4	90.3	112.2	69.7	63.7
		Fees ^1/			15.4	43.7	74.6	23.6	27.0
		Bank of Algeria dividends			0.0	46.6	37.6	42.1	30.0
		Dividends from holdings			0.0	0.6	0.0	4.0	6.7
	Grants				0.0	15.6	0.0	2.9	0.4
					(In percent of total budget revenue and grants)
Total budget revenue and grants					100.0	100.0	100.0	100.0	100.0
	Hydrocarbon revenue				76.9	66.5	62.9	69.3	70.9
	Nonhydrocarbon revenue				23.1	32.5	37.1	30.5	29.1
		Tax revenue			22.1	26.5	30.1	27.0	26.2
			Taxes on income and profits		5.2	6.5	7.0	6.6	6.7
			Taxes on goods and services		10.5	11.9	13.9	12.0	12.4
			Customs duties		5.5	6.9	8.0	7.4	6.3
			Registration and stamps		1.0	1.1	1.2	1.0	0.9
		Nontax revenue			1.0	6.0	7.0	3.6	2.9
	Grants				0.0	1.0	0.0	0.1	0.0

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Excluding privatization receipts.

Table 18.

Algeria: Central Government Revenue, 2000–04

(In percent of GDP)

Source: Algerian authorities.

^{^1/}Excluding privatization receipts.

Table 18.

Algeria: Central Government Revenue, 2000–04

(In percent of GDP)

						2000	2001	2002	2003	2004
Total budget revenue and grants ^1/						38.3	35.3	35.3	37.0	36.2
Hydrocarbon revenue						29.4	23.5	22.2	25.6	25.6
		Of which: Sonatrach dividends				1.0	1.1	1.4	1.2	1.4
Nonhydrocarbon revenue ^1/						8.8	11.5	13.1	11.3	10.5
	Tax revenue					8.5	9.3	10.6	10.0	9.5
		Taxes on income and profits				2.0	2.3	2.5	2.4	2.4
			Wage income taxes			0.8	1.1	1.2	1.2	1.3
			Other			1.1	1.2	1.3	1.2	1.2
		Taxes on goods and services				4.0	4.2	4.9	4.4	4.5
			VAT and excises on imports			1.3	1.4	1.7	1.8	1.9
				VAT and excises on domestic activities		1.7	1.9	2.2	1.9	1.9
					VAT on domestic transactions	1.2	1.3	1.6	1.4	1.4
					Tobacco and alcohol excises (DIC)	0.6	0.6	0.7	0.6	0.5
				VAT on petroleum products/levy		0.3	0.2	0.2	0.1	0.1
				Excises on petroleum products		0.6	0.6	0.7	0.6	0.5
			Other indirect taxes			0.0	0.0	0.0	0.0	0.0
		Customs duties				2.1	2.4	2.8	2.7	2.3
		Registration and stamps				0.4	0.4	0.4	0.4	0.3
	Nontax revenue ^1/					0.4	2.1	2.5	1.9	1.2
		Fees ^1/				0.4	1.0	1.6	1.1	0.7
		Bank of Algeria dividends				0.0	1.1	0.8	0.8	0.5
		Dividends from holdings				0.0	0.0	0.0	0.1	0.1

Source: Algerian authorities.

^{^1/}Excluding privatization receipts.

Table 18.

Algeria: Central Government Revenue, 2000–04

(In percent of GDP)

						2000	2001	2002	2003	2004
Total budget revenue and grants ^1/						38.3	35.3	35.3	37.0	36.2
Hydrocarbon revenue						29.4	23.5	22.2	25.6	25.6
		Of which: Sonatrach dividends				1.0	1.1	1.4	1.2	1.4
Nonhydrocarbon revenue ^1/						8.8	11.5	13.1	11.3	10.5
	Tax revenue					8.5	9.3	10.6	10.0	9.5
		Taxes on income and profits				2.0	2.3	2.5	2.4	2.4
			Wage income taxes			0.8	1.1	1.2	1.2	1.3
			Other			1.1	1.2	1.3	1.2	1.2
		Taxes on goods and services				4.0	4.2	4.9	4.4	4.5
			VAT and excises on imports			1.3	1.4	1.7	1.8	1.9
				VAT and excises on domestic activities		1.7	1.9	2.2	1.9	1.9
					VAT on domestic transactions	1.2	1.3	1.6	1.4	1.4
					Tobacco and alcohol excises (DIC)	0.6	0.6	0.7	0.6	0.5
				VAT on petroleum products/levy		0.3	0.2	0.2	0.1	0.1
				Excises on petroleum products		0.6	0.6	0.7	0.6	0.5
			Other indirect taxes			0.0	0.0	0.0	0.0	0.0
		Customs duties				2.1	2.4	2.8	2.7	2.3
		Registration and stamps				0.4	0.4	0.4	0.4	0.3
	Nontax revenue ^1/					0.4	2.1	2.5	1.9	1.2
		Fees ^1/				0.4	1.0	1.6	1.1	0.7
		Bank of Algeria dividends				0.0	1.1	0.8	0.8	0.5
		Dividends from holdings				0.0	0.0	0.0	0.1	0.1

Source: Algerian authorities.

^{^1/}Excluding privatization receipts.

Table 19.

Algeria: Composition of Central Government Expenditure, 2000–04

Sources: Algerian authorities; and Fund staff estimates.

Table 19.

Algeria: Composition of Central Government Expenditure, 2000–04

				2000	2001	2002	2003	2004
					(In billions of dinars)
Budget expenditure				1,178.1	1,321.0	1,550.5	1,691.4	1,891.8
	Current expenditure			856.2	963.6	1,097.6	1,120.9	1,245.4
		Personnel expenditure		289.6	324.0	346.2	398.0	446.8
			Wages and salaries	281.1	315.4	339.9	392.8	442.3
			Other	8.5	8.6	6.3	5.2	4.5
		Mudjahidins’ pensions		57.7	54.4	73.8	62.7	69.2
		Material and supplies		54.6	46.3	68.5	58.8	71.7
		Public services		92.0	114.6	137.6	161.4	176.5
			Hospitals	33.0	41.4	49.2	59.3	63.2
			Other	59.0	73.2	88.4	102.1	113.2
		Current transfers		200.0	276.8	334.3	326.1	396.0
			Public works and social assistance	16.1	1.2	2.4	19.9	23.5
			Food subsidies	0.5	0.2	0.5	0.6	0.9
			Youth Employment Support Fund	6.2	7.4	4.9	2.3	7.8
			Other transfers	177.2	268.0	326.5	303.3	363.7
		Interest payments		162.3	147.5	137.2	114.0	85.2
	Capital expenditure			321.9	357.4	452.9	570.4	646.3
	Special accounts balance			-0.7	-20.0	-11.2	186.9	109.9
	Net lending by Treasury			0.5	-6.5	30.9	32.6	11.8
Total expenditure and net lending				1,179.2	1,334.5	1,592.6	1,537.0	1,793.7
				(In percent of total expenditure and net lending)
Total expenditure and net lending				100.0	100.0	100.0	100.0	100.0
	Budget expenditure			99.9	99.0	97.4	110.0	105.5
		Current expenditure		72.6	72.2	68.9	72.9	69.4
			Personnel expenditure	24.6	24.3	21.7	25.9	24.9
			Mudjahidins’ pensions	4.9	4.1	4.6	4.1	3.9
			Material and supplies	4.6	3.5	4.3	3.8	4.0
			Public services	7.8	8.6	8.6	10.5	9.8
			Current transfers	17.0	20.7	21.0	21.2	22.1
			Interest payments	13.8	11.1	8.6	7.4	4.8
		Capital expenditure		27.3	26.8	28.4	37.1	36.0
	Special accounts balance			-0.1	-1.5	-0.7	12.2	6.1
	Net lending by Treasury			0.0	-0.5	1.9	2.1	0.7

Sources: Algerian authorities; and Fund staff estimates.

Table 19.

Algeria: Composition of Central Government Expenditure, 2000–04

				2000	2001	2002	2003	2004
					(In billions of dinars)
Budget expenditure				1,178.1	1,321.0	1,550.5	1,691.4	1,891.8
	Current expenditure			856.2	963.6	1,097.6	1,120.9	1,245.4
		Personnel expenditure		289.6	324.0	346.2	398.0	446.8
			Wages and salaries	281.1	315.4	339.9	392.8	442.3
			Other	8.5	8.6	6.3	5.2	4.5
		Mudjahidins’ pensions		57.7	54.4	73.8	62.7	69.2
		Material and supplies		54.6	46.3	68.5	58.8	71.7
		Public services		92.0	114.6	137.6	161.4	176.5
			Hospitals	33.0	41.4	49.2	59.3	63.2
			Other	59.0	73.2	88.4	102.1	113.2
		Current transfers		200.0	276.8	334.3	326.1	396.0
			Public works and social assistance	16.1	1.2	2.4	19.9	23.5
			Food subsidies	0.5	0.2	0.5	0.6	0.9
			Youth Employment Support Fund	6.2	7.4	4.9	2.3	7.8
			Other transfers	177.2	268.0	326.5	303.3	363.7
		Interest payments		162.3	147.5	137.2	114.0	85.2
	Capital expenditure			321.9	357.4	452.9	570.4	646.3
	Special accounts balance			-0.7	-20.0	-11.2	186.9	109.9
	Net lending by Treasury			0.5	-6.5	30.9	32.6	11.8
Total expenditure and net lending				1,179.2	1,334.5	1,592.6	1,537.0	1,793.7
				(In percent of total expenditure and net lending)
Total expenditure and net lending				100.0	100.0	100.0	100.0	100.0
	Budget expenditure			99.9	99.0	97.4	110.0	105.5
		Current expenditure		72.6	72.2	68.9	72.9	69.4
			Personnel expenditure	24.6	24.3	21.7	25.9	24.9
			Mudjahidins’ pensions	4.9	4.1	4.6	4.1	3.9
			Material and supplies	4.6	3.5	4.3	3.8	4.0
			Public services	7.8	8.6	8.6	10.5	9.8
			Current transfers	17.0	20.7	21.0	21.2	22.1
			Interest payments	13.8	11.1	8.6	7.4	4.8
		Capital expenditure		27.3	26.8	28.4	37.1	36.0
	Special accounts balance			-0.1	-1.5	-0.7	12.2	6.1
	Net lending by Treasury			0.0	-0.5	1.9	2.1	0.7

Sources: Algerian authorities; and Fund staff estimates.

Table 20.

Algeria: Central Government Expenditure, 2000–04

(In percent of GDP)

Source: Algerian authorities; and Fund staff estimates.

Table 20.

Algeria: Central Government Expenditure, 2000–04

(In percent of GDP)

			2000	2001	2002	2003	2004
Total expenditure and net lending			28.6	31.3	35.0	29.2	29.3
Current expenditure			20.8	22.6	24.1	21.3	20.3
	Personnel		7.0	7.6	7.6	7.6	7.3
		Wages and salaries	6.8	7.4	7.5	7.5	7.2
		Other	0.2	0.2	0.1	0.1	0.1
	Mudjahidins’ pensions		1.4	1.3	1.6	1.2	1.1
	Material and supplies		1.3	1.1	1.5	1.1	1.2
	Public services		2.2	2.7	3.0	3.1	2.9
		Hospitals	0.8	1.0	1.1	1.1	1.0
		Other	1.4	1.7	1.9	1.9	1.8
	Current transfers		4.8	6.5	7.4	6.2	6.5
		Public works and social assistance	0.4	0.0	0.1	0.4	0.4
		Food subsidies	0.0	0.0	0.0	0.0	0.0
		Youth Employment Support Fund	0.2	0.2	0.1	0.0	0.1
		Other transfers	4.3	6.3	7.2	5.8	5.9
	Interest on debt		3.9	3.5	3.0	2.2	1.4
Capital expenditure			7.8	8.4	10.0	10.8	10.5
Special accounts balance			0.0	-0.5	-0.2	3.6	1.8
Net lending by Treasury			0.0	-0.2	0.7	0.6	0.2

Source: Algerian authorities; and Fund staff estimates.

Table 20.

Algeria: Central Government Expenditure, 2000–04

(In percent of GDP)

			2000	2001	2002	2003	2004
Total expenditure and net lending			28.6	31.3	35.0	29.2	29.3
Current expenditure			20.8	22.6	24.1	21.3	20.3
	Personnel		7.0	7.6	7.6	7.6	7.3
		Wages and salaries	6.8	7.4	7.5	7.5	7.2
		Other	0.2	0.2	0.1	0.1	0.1
	Mudjahidins’ pensions		1.4	1.3	1.6	1.2	1.1
	Material and supplies		1.3	1.1	1.5	1.1	1.2
	Public services		2.2	2.7	3.0	3.1	2.9
		Hospitals	0.8	1.0	1.1	1.1	1.0
		Other	1.4	1.7	1.9	1.9	1.8
	Current transfers		4.8	6.5	7.4	6.2	6.5
		Public works and social assistance	0.4	0.0	0.1	0.4	0.4
		Food subsidies	0.0	0.0	0.0	0.0	0.0
		Youth Employment Support Fund	0.2	0.2	0.1	0.0	0.1
		Other transfers	4.3	6.3	7.2	5.8	5.9
	Interest on debt		3.9	3.5	3.0	2.2	1.4
Capital expenditure			7.8	8.4	10.0	10.8	10.5
Special accounts balance			0.0	-0.5	-0.2	3.6	1.8
Net lending by Treasury			0.0	-0.2	0.7	0.6	0.2

Source: Algerian authorities; and Fund staff estimates.

Table 21.

Algeria: Sectoral Allocation of Budgetary Capital Expenditure, 2000–04 ^1/

Source: Algerian authorities.

^{^1/}Commitment basis.

Table 21.

Algeria: Sectoral Allocation of Budgetary Capital Expenditure, 2000–04 ^1/

	2000	2001	2002	2003	2004
		(In millions of dinars)
Agriculture and fishery	8,595	20,339	27,064	15,777	12,350
Irrigation and waterworks	34,462	38,127	75,376	67,760	69,561
Industry and energy	7,278	6,448	7,602	5,904	0
Tourism	9	126	54	13	9
Economic infrastructure	34,501	53,903	65,725	71,762	87,100
Housing	69,511	78,248	88,409	74,935	69,200
Education and professional training	38,819	53,762	55,951	60,032	80,600
Social infrastructure	12,298	17,499	27,407	31,517	38,400
Administrative infrastructure	29,341	31,125	28,438	30,504	35,600
Urban development	30,948	36,067	41,114	43,091	36,500
Unallocated	24,470	35,437	31,165	39,834	52,680
Total	290,232	371,081	448,305	441,129	482,000
		(Annual percentage change)
Agriculture and fishery	31.0	136.6	33.1	-41.7	-21.7
Irrigation and waterworks	8.9	10.6	97.7	-10.1	2.7
Industry and energy	-14.9	-11.4	17.9	-22.3	-100.0
Tourism	-30.8	1,300.0	-57.1	-75.9	-30.8
Economic infrastructure	14.7	56.2	21.9	9.2	21.4
Housing	14.5	12.6	13.0	-15.2	-7.7
Education and professional training	10.4	38.5	4.1	7.3	34.3
Social infrastructure	33.9	42.3	56.6	15.0	21.8
Administrative infrastructure	28.1	6.1	-8.6	7.3	16.7
Urban development	34.2	16.5	14.0	4.8	-15.3
Unallocated	12.9	44.8	-12.1	27.8	32.2
Total	16.3	27.9	20.8	-1.6	9.3
		(In percent of total)
Agriculture and fishery	3.0	5.5	6.0	3.6	2.6
Irrigation and waterworks	11.9	10.3	16.8	15.4	14.4
Industry and energy	2.5	1.7	1.7	1.3	0.0
Tourism	0.0	0.0	0.0	0.0	0.0
Economic infrastructure	11.9	14.5	14.7	16.3	18.1
Housing	24.0	21.1	19.7	17.0	14.4
Education and professional training	13.4	14.5	12.5	13.6	16.7
Social infrastructure	4.2	4.7	6.1	7.1	8.0
Administrative infrastructure	10.1	8.4	6.3	6.9	7.4
Urban development	10.7	9.7	9.2	9.8	7.6
Unallocated	8.4	9.5	7.0	9.0	10.9
Total	100.0	100.0	100.0	100.0	100.0

Source: Algerian authorities.

^{^1/}Commitment basis.

Table 21.

Algeria: Sectoral Allocation of Budgetary Capital Expenditure, 2000–04 ^1/

	2000	2001	2002	2003	2004
		(In millions of dinars)
Agriculture and fishery	8,595	20,339	27,064	15,777	12,350
Irrigation and waterworks	34,462	38,127	75,376	67,760	69,561
Industry and energy	7,278	6,448	7,602	5,904	0
Tourism	9	126	54	13	9
Economic infrastructure	34,501	53,903	65,725	71,762	87,100
Housing	69,511	78,248	88,409	74,935	69,200
Education and professional training	38,819	53,762	55,951	60,032	80,600
Social infrastructure	12,298	17,499	27,407	31,517	38,400
Administrative infrastructure	29,341	31,125	28,438	30,504	35,600
Urban development	30,948	36,067	41,114	43,091	36,500
Unallocated	24,470	35,437	31,165	39,834	52,680
Total	290,232	371,081	448,305	441,129	482,000
		(Annual percentage change)
Agriculture and fishery	31.0	136.6	33.1	-41.7	-21.7
Irrigation and waterworks	8.9	10.6	97.7	-10.1	2.7
Industry and energy	-14.9	-11.4	17.9	-22.3	-100.0
Tourism	-30.8	1,300.0	-57.1	-75.9	-30.8
Economic infrastructure	14.7	56.2	21.9	9.2	21.4
Housing	14.5	12.6	13.0	-15.2	-7.7
Education and professional training	10.4	38.5	4.1	7.3	34.3
Social infrastructure	33.9	42.3	56.6	15.0	21.8
Administrative infrastructure	28.1	6.1	-8.6	7.3	16.7
Urban development	34.2	16.5	14.0	4.8	-15.3
Unallocated	12.9	44.8	-12.1	27.8	32.2
Total	16.3	27.9	20.8	-1.6	9.3
		(In percent of total)
Agriculture and fishery	3.0	5.5	6.0	3.6	2.6
Irrigation and waterworks	11.9	10.3	16.8	15.4	14.4
Industry and energy	2.5	1.7	1.7	1.3	0.0
Tourism	0.0	0.0	0.0	0.0	0.0
Economic infrastructure	11.9	14.5	14.7	16.3	18.1
Housing	24.0	21.1	19.7	17.0	14.4
Education and professional training	13.4	14.5	12.5	13.6	16.7
Social infrastructure	4.2	4.7	6.1	7.1	8.0
Administrative infrastructure	10.1	8.4	6.3	6.9	7.4
Urban development	10.7	9.7	9.2	9.8	7.6
Unallocated	8.4	9.5	7.0	9.0	10.9
Total	100.0	100.0	100.0	100.0	100.0

Source: Algerian authorities.

^{^1/}Commitment basis.

Table 22.

Algeria: Central Government Domestic Debt, 2000–04

(In billions of dinars; end of period)

Source: Algerian authorities.

^{^1/}Excluding the blocked account at the Bank of Algeria and other deposits.

Table 22.

Algeria: Central Government Domestic Debt, 2000–04

(In billions of dinars; end of period)

		2000	2001	2002	2003	2004
Total domestic debt ^1/		1,022.9	1,001.5	982.5	982.2	1,000.0
Equipment bonds and regular securities		80.5	83.4	107.7	220.9	835.0
Central bank overdrafts		146.4	139.1	131.8	124.5	117.2
Refinancing bonds		735.1	720.3	686.4	582.4	25.2
	Public enterprises, EPIC, agroindustries	224.6	214.8	202.9	158.0	0.0
	Supplementary restructuring debt	346.2	311.6	297.0	247.4	0.0
	OPGI (real estate companies)	161.0	161.0	144.9	136.8	0.0
	Farmers’ debt		15.0	14.2	13.5	0.0
	Banks	0.0	15.2	25.2	25.2	25.2
	Solidarity bonds	0.0	0.0	0.0	0.0	0.0
	CNAC (unemployment insurance agency)	3.3	2.7	2.2	1.5	0.0
Bonds (CNR-retirement insurance agency)		43.2	40.1	37.0	33.9	0.0
Bonds (CNAS-social security agency)		17.7	18.6	19.6	20.5	22.6
Memorandum items:
	Domestic debt as percent of GDP	24.8	23.5	21.6	18.7	16.3
	GDP (In billions of dinars)	4,124	4,261	4,546	5,264	6,127

Source: Algerian authorities.

^{^1/}Excluding the blocked account at the Bank of Algeria and other deposits.

Table 22.

Algeria: Central Government Domestic Debt, 2000–04

(In billions of dinars; end of period)

		2000	2001	2002	2003	2004
Total domestic debt ^1/		1,022.9	1,001.5	982.5	982.2	1,000.0
Equipment bonds and regular securities		80.5	83.4	107.7	220.9	835.0
Central bank overdrafts		146.4	139.1	131.8	124.5	117.2
Refinancing bonds		735.1	720.3	686.4	582.4	25.2
	Public enterprises, EPIC, agroindustries	224.6	214.8	202.9	158.0	0.0
	Supplementary restructuring debt	346.2	311.6	297.0	247.4	0.0
	OPGI (real estate companies)	161.0	161.0	144.9	136.8	0.0
	Farmers’ debt		15.0	14.2	13.5	0.0
	Banks	0.0	15.2	25.2	25.2	25.2
	Solidarity bonds	0.0	0.0	0.0	0.0	0.0
	CNAC (unemployment insurance agency)	3.3	2.7	2.2	1.5	0.0
Bonds (CNR-retirement insurance agency)		43.2	40.1	37.0	33.9	0.0
Bonds (CNAS-social security agency)		17.7	18.6	19.6	20.5	22.6
Memorandum items:
	Domestic debt as percent of GDP	24.8	23.5	21.6	18.7	16.3
	GDP (In billions of dinars)	4,124	4,261	4,546	5,264	6,127

Source: Algerian authorities.

^{^1/}Excluding the blocked account at the Bank of Algeria and other deposits.

Table 23.

Algeria: Monetary Survey, 2000–04 ^1/

Sources: Bank of Algeria; and Fund staff estimates.

^{^1/}Including savings banks. Money and quasi-money include deposits of nonbank financial institutions in the banking system.

^{^2/}Includes, as a net item, deposits of the Banque Algérienne de Développement and ministries with the central bank.

^{^3/}This includes the impact of banks’ restructuring packages. The conversion of banks’ claims on public enterprises in banks’ claims on the government results, other things being equal, in a decrease in credit to the economy and an equal increase in credit to the government.

Table 23.

Algeria: Monetary Survey, 2000–04 ^1/

				2000	2001	2002	2003	2004
					(In billions of dinars)
Foreign assets (net)				775.9	1,310.7	1,755.7	2,342.7	3,119.2
	Central bank			774.3	1,313.6	1,742.7	2,325.9	3,109.1
	Commercial banks			1.6	-2.8	13.0	16.7	10.1
Net domestic assets				1,249.3	1,164.5	1,150.1	1,015.2	623.4
	Domestic credit			1,671.3	1,648.2	1,845.5	1,803.6	1,514.4
		Credit to government (net)		677.5	569.7	578.7	423.4	-20.6
			Central bank ^2/	-156.4	-276.3	-304.8	-464.1	-915.8
			Commercial banks ^3/	737.7	739.6	774.0	757.4	736.9
			CCP and treasury deposits	96.2	106.4	109.5	130.1	158.3
		Credit to the economy ^3/		993.7	1,078.4	1,266.8	1,380.2	1,535.0
	Government lending funds			-22.3	-12.7	-36.2	-59.7	-49.0
	Medium- and long-term foreign liabilities			-27.6	-24.5	-36.6	-41.9	-49.6
	Other items (net)			-422.0	-483.7	-695.4	-788.4	-891.0
Money plus quasi-money (M2)				2,025.1	2,475.2	2,905.8	3,357.9	3,742.5
	Money			1,048.1	1,238.5	1,416.3	1,630.4	2,160.5
		Currency outside banks		484.5	577.2	664.7	781.3	874.3
		Demand deposits		467.5	554.9	642.2	718.9	1,127.9
		Deposits with the treasury and the postal checking system		96.1	106.4	109.5	130.1	158.3
	Quasi-money			977.0	1,236.7	1,489.5	1,727.5	1,582.0
					(Annual percentage change)
Money and quasi-money				13.0	22.2	17.4	15.6	11.5
	Money			15.8	18.2	14.4	15.1	32.5
	Quasi-money			10.2	26.6	20.4	16.0	-8.4
Net domestic assets				-23.0	-6.8	-1.2	-11.7	-38.6
	Domestic credit			-16.4	-1.4	12.0	-2.3	-16.0
		Credit to government ^3/		-20.1	-15.9	1.6	-26.8	-104.9
		Credit to the economy ^3/		-13.6	8.5	17.5	8.9	11.2
						(In percent)
Memorandum items:
	Total liquidity/GDP			49.1	58.1	63.9	63.8	61.1
	Money/GDP			25.4	29.1	31.2	31.0	35.3
	Currency outside banks/GDP			11.8	13.5	14.6	14.8	14.3
	Domestic credit/GDP			40.5	38.7	40.6	34.3	24.7
	Money/M2			51.8	50.0	48.7	48.6	57.7
	Currency outside banks/M2			23.9	23.3	22.9	23.3	23.4
	Money multiplier			3.7	3.2	3.4	2.9	3.2
Nominal GDP (in billions of dinars)				4,124	4,261	4,546	5,264	6,127

Sources: Bank of Algeria; and Fund staff estimates.

^{^1/}Including savings banks. Money and quasi-money include deposits of nonbank financial institutions in the banking system.

^{^2/}Includes, as a net item, deposits of the Banque Algérienne de Développement and ministries with the central bank.

Table 23.

Algeria: Monetary Survey, 2000–04 ^1/

				2000	2001	2002	2003	2004
					(In billions of dinars)
Foreign assets (net)				775.9	1,310.7	1,755.7	2,342.7	3,119.2
	Central bank			774.3	1,313.6	1,742.7	2,325.9	3,109.1
	Commercial banks			1.6	-2.8	13.0	16.7	10.1
Net domestic assets				1,249.3	1,164.5	1,150.1	1,015.2	623.4
	Domestic credit			1,671.3	1,648.2	1,845.5	1,803.6	1,514.4
		Credit to government (net)		677.5	569.7	578.7	423.4	-20.6
			Central bank ^2/	-156.4	-276.3	-304.8	-464.1	-915.8
			Commercial banks ^3/	737.7	739.6	774.0	757.4	736.9
			CCP and treasury deposits	96.2	106.4	109.5	130.1	158.3
		Credit to the economy ^3/		993.7	1,078.4	1,266.8	1,380.2	1,535.0
	Government lending funds			-22.3	-12.7	-36.2	-59.7	-49.0
	Medium- and long-term foreign liabilities			-27.6	-24.5	-36.6	-41.9	-49.6
	Other items (net)			-422.0	-483.7	-695.4	-788.4	-891.0
Money plus quasi-money (M2)				2,025.1	2,475.2	2,905.8	3,357.9	3,742.5
	Money			1,048.1	1,238.5	1,416.3	1,630.4	2,160.5
		Currency outside banks		484.5	577.2	664.7	781.3	874.3
		Demand deposits		467.5	554.9	642.2	718.9	1,127.9
		Deposits with the treasury and the postal checking system		96.1	106.4	109.5	130.1	158.3
	Quasi-money			977.0	1,236.7	1,489.5	1,727.5	1,582.0
					(Annual percentage change)
Money and quasi-money				13.0	22.2	17.4	15.6	11.5
	Money			15.8	18.2	14.4	15.1	32.5
	Quasi-money			10.2	26.6	20.4	16.0	-8.4
Net domestic assets				-23.0	-6.8	-1.2	-11.7	-38.6
	Domestic credit			-16.4	-1.4	12.0	-2.3	-16.0
		Credit to government ^3/		-20.1	-15.9	1.6	-26.8	-104.9
		Credit to the economy ^3/		-13.6	8.5	17.5	8.9	11.2
						(In percent)
Memorandum items:
	Total liquidity/GDP			49.1	58.1	63.9	63.8	61.1
	Money/GDP			25.4	29.1	31.2	31.0	35.3
	Currency outside banks/GDP			11.8	13.5	14.6	14.8	14.3
	Domestic credit/GDP			40.5	38.7	40.6	34.3	24.7
	Money/M2			51.8	50.0	48.7	48.6	57.7
	Currency outside banks/M2			23.9	23.3	22.9	23.3	23.4
	Money multiplier			3.7	3.2	3.4	2.9	3.2
Nominal GDP (in billions of dinars)				4,124	4,261	4,546	5,264	6,127

Sources: Bank of Algeria; and Fund staff estimates.

^{^1/}Including savings banks. Money and quasi-money include deposits of nonbank financial institutions in the banking system.

^{^2/}Includes, as a net item, deposits of the Banque Algérienne de Développement and ministries with the central bank.

Table 24.

Algeria: Summary Balance Sheet of the Bank of Algeria, 2000–04

Source: Bank of Algeria.

^{^1/}Includes deposits of nonbank financial institutions.

Table 24.

Algeria: Summary Balance Sheet of the Bank of Algeria, 2000–04

		2000	2001	2002	2003	2004
			(In billions of dinars)
Net foreign assets		774.3	1,313.6	1,742.7	2,325.9	3,109.1
Net domestic assets		-224.1	-535.8	-896.1	-1,173.7	-1,949.0
	Credit to government	-156.4	-276.3	-304.8	-464.1	-915.8
	Credit to banks	170.5	0.0	0.0	0.0	0.0
	Other credit	0.7	0.7	0.8	0.7	0.6
	Other items net	-238.9	-260.2	-592.1	-710.3	-1,033.8
Reserve money		550.2	777.8	846.7	1,152.3	1,160.1
	Currency in circulation	491.5	584.5	673.7	787.7	882.5
	Bankers deposits ^1/	58.7	193.3	172.9	364.6	277.6
		(Annual change; in billions of dinars)
Net foreign assets		601.7	539.3	429.1	583.2	783.2
Net domestic assets		-501.0	-311.7	-360.3	-277.6	-775.3
	Credit to government	-315.4	-119.9	-28.5	-159.3	-451.7
	Credit to banks	-140.3	-170.5	0.0	0.0	0.0
	Other credit	0.1	0.0	0.1	-0.1	-0.1
	Other items net	-45.4	-21.3	-331.9	-118.2	-323.5
Reserve money		100.7	227.6	68.9	305.6	7.8
	Currency in circulation	46.6	93.0	89.2	114.0	94.8
	Bankers deposits ^1/	54.1	134.6	-20.4	191.7	-87.0
		(Annual percentage change)
Net foreign assets		348.6	69.7	32.7	33.5	33.7
Net domestic assets		-180.9	139.1	67.2	31.0	66.1
	Credit to government	-198.4	76.7	10.3	52.3	97.3
	Credit to banks	-45.1	-100.0	0.0	0.0	0.0
Reserve money		22.4	41.4	8.9	36.1	0.7
	Currency in circulation	10.5	18.9	15.3	16.9	12.0
	Bankers deposits ^1/	1,176.1	229.3	-10.6	110.9	-23.9

Source: Bank of Algeria.

^{^1/}Includes deposits of nonbank financial institutions.

Table 24.

Algeria: Summary Balance Sheet of the Bank of Algeria, 2000–04

		2000	2001	2002	2003	2004
			(In billions of dinars)
Net foreign assets		774.3	1,313.6	1,742.7	2,325.9	3,109.1
Net domestic assets		-224.1	-535.8	-896.1	-1,173.7	-1,949.0
	Credit to government	-156.4	-276.3	-304.8	-464.1	-915.8
	Credit to banks	170.5	0.0	0.0	0.0	0.0
	Other credit	0.7	0.7	0.8	0.7	0.6
	Other items net	-238.9	-260.2	-592.1	-710.3	-1,033.8
Reserve money		550.2	777.8	846.7	1,152.3	1,160.1
	Currency in circulation	491.5	584.5	673.7	787.7	882.5
	Bankers deposits ^1/	58.7	193.3	172.9	364.6	277.6
		(Annual change; in billions of dinars)
Net foreign assets		601.7	539.3	429.1	583.2	783.2
Net domestic assets		-501.0	-311.7	-360.3	-277.6	-775.3
	Credit to government	-315.4	-119.9	-28.5	-159.3	-451.7
	Credit to banks	-140.3	-170.5	0.0	0.0	0.0
	Other credit	0.1	0.0	0.1	-0.1	-0.1
	Other items net	-45.4	-21.3	-331.9	-118.2	-323.5
Reserve money		100.7	227.6	68.9	305.6	7.8
	Currency in circulation	46.6	93.0	89.2	114.0	94.8
	Bankers deposits ^1/	54.1	134.6	-20.4	191.7	-87.0
		(Annual percentage change)
Net foreign assets		348.6	69.7	32.7	33.5	33.7
Net domestic assets		-180.9	139.1	67.2	31.0	66.1
	Credit to government	-198.4	76.7	10.3	52.3	97.3
	Credit to banks	-45.1	-100.0	0.0	0.0	0.0
Reserve money		22.4	41.4	8.9	36.1	0.7
	Currency in circulation	10.5	18.9	15.3	16.9	12.0
	Bankers deposits ^1/	1,176.1	229.3	-10.6	110.9	-23.9

Source: Bank of Algeria.

^{^1/}Includes deposits of nonbank financial institutions.

Table 25.

Algeria: Summary Balance Sheet of Deposit Money Banks, 2000–04

Sources: Bank of Algeria.

Table 25.

Algeria: Summary Balance Sheet of Deposit Money Banks, 2000–04

				2000	2001	2002	2003	2004
					(In billions of dinars)
Net foreign assets				1.7	-2.8	13.0	16.7	10.1
	Assets			28.3	32.4	49.7	55.5	76.6
	Liabilities			26.7	35.2	36.7	38.8	66.5
Net domestic assets				1,610.7	1,792.8	2,114.4	2,426.2	2,695.3
	Domestic credit			1,730.8	1,817.3	2,040.0	2,136.9	2,271.3
		Credit to government		737.7	739.6	774.0	757.4	736.9
			Of which: Treasury securities	441.6	713.3	725.4	720.0	700.5
		Credit to the economy		993.1	1,077.7	1,266.0	1,379.5	1,534.4
			Of which: Private sector	291.0	337.2	550.2	587.8	674.7
	Claims on central bank			56.0	191.6	324.5	617.4	672.5
		Central bank deposit auction		0.0	0.0	129.7	250.0	400.0
		Other deposits		56.0	191.6	194.8	367.4	272.5
			Of which: Required reserves	53.9	75.9	89.3	150.3	176.2
	Cash in vault			7.0	7.3	9.0	6.3	8.1
	Other items (net)			-183.0	-223.5	-259.2	-334.4	-256.6
		Of which: MLT foreign liabilities		-27.6	-24.5	-36.6	-41.9	-49.6
Domestic liabilities
	Demand deposits			467.5	554.9	642.2	718.9	1,127.9
	Time deposits			974.3	1,235.0	1,485.2	1,724.0	1,577.5
		Of which: Foreign currency deposits		116.9	154.4	168.8	170.8	201.6
	Central bank refinancing			170.5	0.0	0.0	0.0	0.0
				(Annual change; in billions of dinars)
Net foreign assets				4.6	-4.5	15.8	3.8	-6.6
Net domestic assets				-4.2	8.5	1.5	2.1	27.7
	Credit to government			145.7	1.8	34.4	-16.6	-20.5
	Credit to the economy			-157.1	84.6	188.3	113.4	154.9
	Claims on central bank			46.8	135.6	132.9	292.9	55.0
	Other			9.0	-40.1	-34.0	-77.9	79.6
Domestic liabilities				49.0	177.6	337.4	315.5	262.5
				(Annual percentage change)
Foreign assets				1.5	14.3	53.5	11.8	38.0
Foreign liabilities				-13.6	31.9	4.3	5.7	71.5
Net domestic assets				2.8	11.3	17.9	14.7	11.1
	Credit to government			24.6	0.3	4.7	-2.1	-2.7
	Credit to the economy			-13.7	8.5	17.5	9.0	11.2
	Claims on central bank			507.0	241.9	69.4	90.2	8.9
	Other			-4.9	22.8	15.7	31.1	-24.3
Domestic liabilities				3.3	10.9	19.0	14.8	10.7

Sources: Bank of Algeria.

Table 25.

Algeria: Summary Balance Sheet of Deposit Money Banks, 2000–04

				2000	2001	2002	2003	2004
					(In billions of dinars)
Net foreign assets				1.7	-2.8	13.0	16.7	10.1
	Assets			28.3	32.4	49.7	55.5	76.6
	Liabilities			26.7	35.2	36.7	38.8	66.5
Net domestic assets				1,610.7	1,792.8	2,114.4	2,426.2	2,695.3
	Domestic credit			1,730.8	1,817.3	2,040.0	2,136.9	2,271.3
		Credit to government		737.7	739.6	774.0	757.4	736.9
			Of which: Treasury securities	441.6	713.3	725.4	720.0	700.5
		Credit to the economy		993.1	1,077.7	1,266.0	1,379.5	1,534.4
			Of which: Private sector	291.0	337.2	550.2	587.8	674.7
	Claims on central bank			56.0	191.6	324.5	617.4	672.5
		Central bank deposit auction		0.0	0.0	129.7	250.0	400.0
		Other deposits		56.0	191.6	194.8	367.4	272.5
			Of which: Required reserves	53.9	75.9	89.3	150.3	176.2
	Cash in vault			7.0	7.3	9.0	6.3	8.1
	Other items (net)			-183.0	-223.5	-259.2	-334.4	-256.6
		Of which: MLT foreign liabilities		-27.6	-24.5	-36.6	-41.9	-49.6
Domestic liabilities
	Demand deposits			467.5	554.9	642.2	718.9	1,127.9
	Time deposits			974.3	1,235.0	1,485.2	1,724.0	1,577.5
		Of which: Foreign currency deposits		116.9	154.4	168.8	170.8	201.6
	Central bank refinancing			170.5	0.0	0.0	0.0	0.0
				(Annual change; in billions of dinars)
Net foreign assets				4.6	-4.5	15.8	3.8	-6.6
Net domestic assets				-4.2	8.5	1.5	2.1	27.7
	Credit to government			145.7	1.8	34.4	-16.6	-20.5
	Credit to the economy			-157.1	84.6	188.3	113.4	154.9
	Claims on central bank			46.8	135.6	132.9	292.9	55.0
	Other			9.0	-40.1	-34.0	-77.9	79.6
Domestic liabilities				49.0	177.6	337.4	315.5	262.5
				(Annual percentage change)
Foreign assets				1.5	14.3	53.5	11.8	38.0
Foreign liabilities				-13.6	31.9	4.3	5.7	71.5
Net domestic assets				2.8	11.3	17.9	14.7	11.1
	Credit to government			24.6	0.3	4.7	-2.1	-2.7
	Credit to the economy			-13.7	8.5	17.5	9.0	11.2
	Claims on central bank			507.0	241.9	69.4	90.2	8.9
	Other			-4.9	22.8	15.7	31.1	-24.3
Domestic liabilities				3.3	10.9	19.0	14.8	10.7

Sources: Bank of Algeria.

Table 26.

Algeria: Distribution of Credit to the Economy by Maturity, 2000–04

Source: Bank of Algeria.

^1/Conversions of banks’ claims on public enterprises to claims on the government results, other things being equal, in a decrease in credit to the economy.

Table 26.

Algeria: Distribution of Credit to the Economy by Maturity, 2000–04

	2000	2001	2002	2003	2004
		(In billions of dinars; end of period)
Short-term	467.0	513.3	628.0	773.6	828.3
Medium-term	492.9	529.5	602.8	559.1	654.6
Long-term	33.8	35.6	36.0	47.5	52.1
Total	993.7	1,078.4	1,266.8	1,380.2	1,535.0
		(Annual percentage change)
Short-term	-15.4	9.9	22.3	23.2	7.1
Medium-term	-12.8	7.4	13.8	-7.4	17.1
Long-term	0.6	5.3	1.1	31.9	9.7
Total	-13.6	8.5	17.5	8.9	11.2
		(In percent of total credit)
Short-term	47.0	47.6	49.6	56.0	54.0
Medium-term	49.6	49.1	47.6	40.5	42.6
Long-term	3.4	3.3	2.8	3.4	3.4
Total	100.0	100.0	100.0	100.0	100.0

Source: Bank of Algeria.

^1/Conversions of banks’ claims on public enterprises to claims on the government results, other things being equal, in a decrease in credit to the economy.

Table 26.

Algeria: Distribution of Credit to the Economy by Maturity, 2000–04

	2000	2001	2002	2003	2004
		(In billions of dinars; end of period)
Short-term	467.0	513.3	628.0	773.6	828.3
Medium-term	492.9	529.5	602.8	559.1	654.6
Long-term	33.8	35.6	36.0	47.5	52.1
Total	993.7	1,078.4	1,266.8	1,380.2	1,535.0
		(Annual percentage change)
Short-term	-15.4	9.9	22.3	23.2	7.1
Medium-term	-12.8	7.4	13.8	-7.4	17.1
Long-term	0.6	5.3	1.1	31.9	9.7
Total	-13.6	8.5	17.5	8.9	11.2
		(In percent of total credit)
Short-term	47.0	47.6	49.6	56.0	54.0
Medium-term	49.6	49.1	47.6	40.5	42.6
Long-term	3.4	3.3	2.8	3.4	3.4
Total	100.0	100.0	100.0	100.0	100.0

Source: Bank of Algeria.

^1/Conversions of banks’ claims on public enterprises to claims on the government results, other things being equal, in a decrease in credit to the economy.

Table 27.

Algeria: Distribution of Credit to the Economy by Sector, 2000–04

Source: Bank of Algeria.

Table 27.

Algeria: Distribution of Credit to the Economy by Sector, 2000–04

	2000	2001	2002	2003	2004
		(In billions of dinars; end of period)
Public sector	701.8	740.3	715.5	791.4	859.3
Private sector	291.7	337.9	551.0	588.5	675.4
Local administration	0.2	0.2	0.3	0.3	0.3
Total	993.7	1,078.4	1,266.8	1,380.2	1,535.0
		(Annual percentage change)
Public sector	-24.5	5.5	-3.3	10.6	8.6
Private sector	32.0	15.8	63.1	6.8	14.8
Local administration	100.0	0.0	50.0	0.0	0.0
Total	-13.6	8.5	17.5	9.0	11.2
		(In percent of total credits)
Public sector	70.6	68.6	56.5	57.3	56.0
Private sector	29.4	31.3	43.5	42.6	44.0
Local administration	0.0	0.0	0.0	0.0	0.0
Total	100.0	100.0	100.0	100.0	100.0

Source: Bank of Algeria.

Table 27.

Algeria: Distribution of Credit to the Economy by Sector, 2000–04

	2000	2001	2002	2003	2004
		(In billions of dinars; end of period)
Public sector	701.8	740.3	715.5	791.4	859.3
Private sector	291.7	337.9	551.0	588.5	675.4
Local administration	0.2	0.2	0.3	0.3	0.3
Total	993.7	1,078.4	1,266.8	1,380.2	1,535.0
		(Annual percentage change)
Public sector	-24.5	5.5	-3.3	10.6	8.6
Private sector	32.0	15.8	63.1	6.8	14.8
Local administration	100.0	0.0	50.0	0.0	0.0
Total	-13.6	8.5	17.5	9.0	11.2
		(In percent of total credits)
Public sector	70.6	68.6	56.5	57.3	56.0
Private sector	29.4	31.3	43.5	42.6	44.0
Local administration	0.0	0.0	0.0	0.0	0.0
Total	100.0	100.0	100.0	100.0	100.0

Source: Bank of Algeria.

Table 28.

Algeria: Structure of Interest Rates, 2000–04

(In percent per annum)

Source: Algerian authorities.

^{^1/}One week tenders.

^{^2/}Taxation of fixed-income instruments is described in the summary of the tax system.

^{^3/}Interest rate or yield on last primary issuance.

Table 28.

Algeria: Structure of Interest Rates, 2000–04

(In percent per annum)

				December
			2000	2001	2002	2003	2004
Central bank deposit auction ^1/			…	…	2.75	1.75	0.75
Central bank rediscount			6.0	6.0	5.5	4.5	4.0
Central bank overdraft			19.0	19.0	19.0	19.0	19.0
Money market
	Repurchase agreements		10.75	…	…	…	…
	Central bank credit auction		8.29	…	…	…	…
Commercial banks’ deposit rates ^2/			7.0–8.5	5.50–6.75	4.50–9.00	4.50–5.75	2.25–3.25
Commercial banks’ lending rates			8.5–11.2	8.0–11.0	8.00–9.75	8.00–9.00	6.00–9.00
CNEP (savings and housing bank)
	Deposit rates
		Savings accounts ^2/	6.5–7.0	5.0–6.0	5.0–6.0	3.50–4.50	2.50–5.00
		Housing accounts ^2/	6.0–6.5	5.5	5.5	5.0	5.5
	Lending rates (housing)
		Individuals	10.5–10.25	8.00–9.75	7.5–8.0	6.50–7.75	6.50–7.75
		Developers	10.5–10.25	8.0	7.5	6.5	7.5
Treasury securities ^2/ ^3/
	13 weeks		5.90	5.30	1.65	1.05	0.40
	26 weeks		6.20	5.69	1.80	1.25	0.60
	52 weeks		7.50	5.95	1.85	2.29	1.19
	2 years		6.00	5.98	3.59	2.52	1.48
	5 years		…	6.00	3.96	2.89	2.08
	7 years		…	…	…	…	2.99
	10 years		…	6.05	7.00	5.17	3.50
Memorandum item:
	Consumer price index (average percentage change)		0.3	4.2	1.4	2.6	3.6

Source: Algerian authorities.

^{^1/}One week tenders.

^{^2/}Taxation of fixed-income instruments is described in the summary of the tax system.

^{^3/}Interest rate or yield on last primary issuance.

Table 28.

Algeria: Structure of Interest Rates, 2000–04

(In percent per annum)

				December
			2000	2001	2002	2003	2004
Central bank deposit auction ^1/			…	…	2.75	1.75	0.75
Central bank rediscount			6.0	6.0	5.5	4.5	4.0
Central bank overdraft			19.0	19.0	19.0	19.0	19.0
Money market
	Repurchase agreements		10.75	…	…	…	…
	Central bank credit auction		8.29	…	…	…	…
Commercial banks’ deposit rates ^2/			7.0–8.5	5.50–6.75	4.50–9.00	4.50–5.75	2.25–3.25
Commercial banks’ lending rates			8.5–11.2	8.0–11.0	8.00–9.75	8.00–9.00	6.00–9.00
CNEP (savings and housing bank)
	Deposit rates
		Savings accounts ^2/	6.5–7.0	5.0–6.0	5.0–6.0	3.50–4.50	2.50–5.00
		Housing accounts ^2/	6.0–6.5	5.5	5.5	5.0	5.5
	Lending rates (housing)
		Individuals	10.5–10.25	8.00–9.75	7.5–8.0	6.50–7.75	6.50–7.75
		Developers	10.5–10.25	8.0	7.5	6.5	7.5
Treasury securities ^2/ ^3/
	13 weeks		5.90	5.30	1.65	1.05	0.40
	26 weeks		6.20	5.69	1.80	1.25	0.60
	52 weeks		7.50	5.95	1.85	2.29	1.19
	2 years		6.00	5.98	3.59	2.52	1.48
	5 years		…	6.00	3.96	2.89	2.08
	7 years		…	…	…	…	2.99
	10 years		…	6.05	7.00	5.17	3.50
Memorandum item:
	Consumer price index (average percentage change)		0.3	4.2	1.4	2.6	3.6

Source: Algerian authorities.

^{^1/}One week tenders.

^{^2/}Taxation of fixed-income instruments is described in the summary of the tax system.

^{^3/}Interest rate or yield on last primary issuance.

Table 29.

Algeria: Number of Branches of Financial Institutions, 2000–04

Source: Bank of Algeria.

Table 29.

Algeria: Number of Branches of Financial Institutions, 2000–04

	2000	2001	2002	2003	2004
Bank of Algeria	49	49	49	49	49
Banque de l’Agriculture et du Développement Rural (BADR)	315	317	314	321	326
Banque de Développement Local (BDL)	170	170	157	167	162
Banque Extérieure d’Algérie (BEA)	76	76	76	88	82
Banque Nationale d’Algérie (BNA)	189	190	173	171	172
Crédit Populaire d’Algérie (CPA)	135	135	120	123	126
Caisse Nationale d’Epargne et de Prévoyance (CNEP)	181	200	200	193	195
Société de Refinancement Hypothécaire (SRH)	1	1	1	1	1
Caisse Nationale de Mutualité Agricole (CNMA)	0	0	62	62	62
Union Bank	1	1	1	2	0
El-Khalifa Bank	24	24	60	0	0
Mouna Bank	1	1	1	1	1
Banque Commerciale et Industrielle d’Algérie (BCIA)	12	12	24	0	0
Algerian International Bank	1	1	1	1	1
Arcobank	0	0	0	1	1
Compagnie Algérienne de Banque (CAB)	4	4	9	9	6
Bank El Baraka	5	8	8	10	11
Citibank	1	1	4	4	4
Arab Banking Corporation (ABC Algeria)	1	1	4	4	4
Société Générale	1	2	4	5	8
Natexis El Amana Bank	1	1	1	1	3
Al Rayan Algerian Bank	1	1	1	3	5
Arab Bank	0	1	1	1	1
BNP Paribas El-Djazair	0	1	2	3	5
Banque Générale Méditerranéenne	0	1	1	1	1
TRUST Bank - Algeria	0	0	0	1	1
The Housing Bank for Trade and Finance - Algeria	0	0	0	1	2
Gulf Bank - Algeria	0	0	0	0	1
Sofinance	0	0	0	1	1
Total	1,169	1,198	1,274	1,224	1,231

Source: Bank of Algeria.

Table 29.

Algeria: Number of Branches of Financial Institutions, 2000–04

	2000	2001	2002	2003	2004
Bank of Algeria	49	49	49	49	49
Banque de l’Agriculture et du Développement Rural (BADR)	315	317	314	321	326
Banque de Développement Local (BDL)	170	170	157	167	162
Banque Extérieure d’Algérie (BEA)	76	76	76	88	82
Banque Nationale d’Algérie (BNA)	189	190	173	171	172
Crédit Populaire d’Algérie (CPA)	135	135	120	123	126
Caisse Nationale d’Epargne et de Prévoyance (CNEP)	181	200	200	193	195
Société de Refinancement Hypothécaire (SRH)	1	1	1	1	1
Caisse Nationale de Mutualité Agricole (CNMA)	0	0	62	62	62
Union Bank	1	1	1	2	0
El-Khalifa Bank	24	24	60	0	0
Mouna Bank	1	1	1	1	1
Banque Commerciale et Industrielle d’Algérie (BCIA)	12	12	24	0	0
Algerian International Bank	1	1	1	1	1
Arcobank	0	0	0	1	1
Compagnie Algérienne de Banque (CAB)	4	4	9	9	6
Bank El Baraka	5	8	8	10	11
Citibank	1	1	4	4	4
Arab Banking Corporation (ABC Algeria)	1	1	4	4	4
Société Générale	1	2	4	5	8
Natexis El Amana Bank	1	1	1	1	3
Al Rayan Algerian Bank	1	1	1	3	5
Arab Bank	0	1	1	1	1
BNP Paribas El-Djazair	0	1	2	3	5
Banque Générale Méditerranéenne	0	1	1	1	1
TRUST Bank - Algeria	0	0	0	1	1
The Housing Bank for Trade and Finance - Algeria	0	0	0	1	2
Gulf Bank - Algeria	0	0	0	0	1
Sofinance	0	0	0	1	1
Total	1,169	1,198	1,274	1,224	1,231

Source: Bank of Algeria.

Table 30.

Algeria: Balance of Payments, 2000–04

(In billions of U.S. dollars; unless otherwise indicated)

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Weighted average of quarterly data.

Table 30.

Algeria: Balance of Payments, 2000–04

(In billions of U.S. dollars; unless otherwise indicated)

						2000	2001	2002	2003	2004
Current account						9.14	7.06	4.36	8.81	11.12
	Trade balance					12.31	9.61	6.70	11.11	14.27
		Exports, f.o.b.				21.65	19.09	18.71	24.46	32.22
			Hydrocarbons			21.06	18.53	18.11	23.99	31.55
			Other exports			0.59	0.56	0.60	0.47	0.67
		Imports, f.o.b.				-9.35	-9.48	-12.01	-13.35	-17.95
	Services and Income (Net)					-3.95	-3.22	-3.41	-4.05	-5.61
		Services (net)				-1.45	-1.53	-1.18	-1.35	-2.01
			Credit			0.91	0.91	1.30	1.57	1.85
			Debit			-2.36	-2.44	-2.48	-2.92	-3.86
		Income (net)				-2.50	-1.69	-2.23	-2.70	-3.60
			Credit			0.38	0.85	0.68	0.76	0.99
			Debit			-2.88	-2.54	-2.91	-3.46	-4.59
				Of which:
					Interest payments	-1.72	-1.52	-1.31	-1.18	-1.29
					Profit repatriation	-1.16	-1.02	-1.60	-2.28	-3.30
		Transfers (net)				0.79	0.67	1.07	1.75	2.46
Capital account						-1.36	-0.87	-0.71	-1.37	-1.87
		Direct investment (net)				0.42	1.18	0.97	0.62	0.62
		Loans (net)				-1.96	-1.99	-1.32	-1.38	-2.23
			Drawings			0.80	0.91	1.60	1.65	2.12
			Amortization			-2.76	-2.90	-2.92	-3.03	-4.35
	Short-term capital and errors and omissions					0.18	-0.06	-0.36	-0.61	-0.26
Overall balance						7.57	6.19	3.65	7.44	9.25
Financing						-7.57	-6.19	-3.65	-7.44	-9.25
	Official reserves (increases -)					-7.51	-6.05	-3.39	-7.00	-8.88
	Fund repurchases					-0.10	-0.14	-0.30	-0.44	-0.37
Memorandum items:
	Current account balance (in percent of GDP)					16.8	12.9	7.6	13.0	13.1
	Algerian crude oil export price (US$/barrel) ^1/					28.5	24.9	25.2	29.0	38.5
	Gross official reserves (in billions of US$)					11.9	18.0	23.1	32.9	43.1
		In months of next years’ imports of goods and servic				12.0	14.9	17.0	18.1	19.0
	Gross external debt (in billions of US$)					25.3	22.6	22.6	23.4	21.8
	External debt/exports (in percent)					112.0	112.8	113.2	89.7	64.0
	External debt/GDP (in percent)					46.4	41.1	39.7	34.3	25.7
	Debt service (in billions of US$)					4.6	4.6	4.5	4.7	6.0
	Debt service/exports (in percent)					20.3	22.8	22.6	17.9	17.6
	Interest payments/exports (in percent)					7.6	7.6	6.5	4.5	3.8
	GDP (in billions of US$)					54.4	54.9	57.1	68.0	85.0

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Weighted average of quarterly data.

Table 30.

Algeria: Balance of Payments, 2000–04

(In billions of U.S. dollars; unless otherwise indicated)

						2000	2001	2002	2003	2004
Current account						9.14	7.06	4.36	8.81	11.12
	Trade balance					12.31	9.61	6.70	11.11	14.27
		Exports, f.o.b.				21.65	19.09	18.71	24.46	32.22
			Hydrocarbons			21.06	18.53	18.11	23.99	31.55
			Other exports			0.59	0.56	0.60	0.47	0.67
		Imports, f.o.b.				-9.35	-9.48	-12.01	-13.35	-17.95
	Services and Income (Net)					-3.95	-3.22	-3.41	-4.05	-5.61
		Services (net)				-1.45	-1.53	-1.18	-1.35	-2.01
			Credit			0.91	0.91	1.30	1.57	1.85
			Debit			-2.36	-2.44	-2.48	-2.92	-3.86
		Income (net)				-2.50	-1.69	-2.23	-2.70	-3.60
			Credit			0.38	0.85	0.68	0.76	0.99
			Debit			-2.88	-2.54	-2.91	-3.46	-4.59
				Of which:
					Interest payments	-1.72	-1.52	-1.31	-1.18	-1.29
					Profit repatriation	-1.16	-1.02	-1.60	-2.28	-3.30
		Transfers (net)				0.79	0.67	1.07	1.75	2.46
Capital account						-1.36	-0.87	-0.71	-1.37	-1.87
		Direct investment (net)				0.42	1.18	0.97	0.62	0.62
		Loans (net)				-1.96	-1.99	-1.32	-1.38	-2.23
			Drawings			0.80	0.91	1.60	1.65	2.12
			Amortization			-2.76	-2.90	-2.92	-3.03	-4.35
	Short-term capital and errors and omissions					0.18	-0.06	-0.36	-0.61	-0.26
Overall balance						7.57	6.19	3.65	7.44	9.25
Financing						-7.57	-6.19	-3.65	-7.44	-9.25
	Official reserves (increases -)					-7.51	-6.05	-3.39	-7.00	-8.88
	Fund repurchases					-0.10	-0.14	-0.30	-0.44	-0.37
Memorandum items:
	Current account balance (in percent of GDP)					16.8	12.9	7.6	13.0	13.1
	Algerian crude oil export price (US$/barrel) ^1/					28.5	24.9	25.2	29.0	38.5
	Gross official reserves (in billions of US$)					11.9	18.0	23.1	32.9	43.1
		In months of next years’ imports of goods and servic				12.0	14.9	17.0	18.1	19.0
	Gross external debt (in billions of US$)					25.3	22.6	22.6	23.4	21.8
	External debt/exports (in percent)					112.0	112.8	113.2	89.7	64.0
	External debt/GDP (in percent)					46.4	41.1	39.7	34.3	25.7
	Debt service (in billions of US$)					4.6	4.6	4.5	4.7	6.0
	Debt service/exports (in percent)					20.3	22.8	22.6	17.9	17.6
	Interest payments/exports (in percent)					7.6	7.6	6.5	4.5	3.8
	GDP (in billions of US$)					54.4	54.9	57.1	68.0	85.0

Sources: Algerian authorities; and Fund staff estimates.

^{^1/}Weighted average of quarterly data.

Table 31.

Algeria: Exports and Imports, 2000–04

Sources: Algerian authorities; and Fund staff calculations.

Table 31.

Algeria: Exports and Imports, 2000–04

			2000	2001	2002	2003	2004
				(In millions of U.S. dollars)
Exports
	Food		30	30	35	47	66
	Hydrocarbon		21,061	18,531	18,109	23,992	31,550
	Raw materials		42	39	56	49	97
	Semi finished		447	413	403	316	432
	Agricultural equipment		12	22	20	1	0
	Industrial equipment		44	42	50	29	50
	Consumer goods		15	14	27	35	15
	Total		21,651	19,091	18,709	24,462	32,220
		Of which: Nonhydrocarbon	590	560	600	470	670
Imports
	Food		2,356	2,346	2,572	2,516	3,385
	Energy		106	97	132	41	158
	Raw materials		495	445	490	607	733
	Semi finished		1,690	1,747	2,186	2,683	3,422
	Agricultural equipment		84	154	139	121	157
	Industrial equipment		2,773	3,293	4,146	4,654	6,681
	Consumer goods		1,841	1,400	1,649	1,984	2,610
	Direct investment in kind		0	0	696	746	808
	Total		9,345	9,482	12,010	13,352	17,954
				(In percent)
As share of total exports
	Nonhydrocarbon		2.7	2.9	3.2	1.9	2.1
As share of total imports
	Food as share of imports		25.2	24.7	21.4	18.8	18.9
	Industrial goods		29.7	34.7	34.5	34.9	37.2
	Consumer goods		19.7	14.8	13.7	14.9	14.5

Sources: Algerian authorities; and Fund staff calculations.

Table 31.

Algeria: Exports and Imports, 2000–04

			2000	2001	2002	2003	2004
				(In millions of U.S. dollars)
Exports
	Food		30	30	35	47	66
	Hydrocarbon		21,061	18,531	18,109	23,992	31,550
	Raw materials		42	39	56	49	97
	Semi finished		447	413	403	316	432
	Agricultural equipment		12	22	20	1	0
	Industrial equipment		44	42	50	29	50
	Consumer goods		15	14	27	35	15
	Total		21,651	19,091	18,709	24,462	32,220
		Of which: Nonhydrocarbon	590	560	600	470	670
Imports
	Food		2,356	2,346	2,572	2,516	3,385
	Energy		106	97	132	41	158
	Raw materials		495	445	490	607	733
	Semi finished		1,690	1,747	2,186	2,683	3,422
	Agricultural equipment		84	154	139	121	157
	Industrial equipment		2,773	3,293	4,146	4,654	6,681
	Consumer goods		1,841	1,400	1,649	1,984	2,610
	Direct investment in kind		0	0	696	746	808
	Total		9,345	9,482	12,010	13,352	17,954
				(In percent)
As share of total exports
	Nonhydrocarbon		2.7	2.9	3.2	1.9	2.1
As share of total imports
	Food as share of imports		25.2	24.7	21.4	18.8	18.9
	Industrial goods		29.7	34.7	34.5	34.9	37.2
	Consumer goods		19.7	14.8	13.7	14.9	14.5

Sources: Algerian authorities; and Fund staff calculations.

Table 32.

Algeria: Volume of Hydrocarbon Exports, 2000–04

Source: Algerian authorities.

Table 32.

Algeria: Volume of Hydrocarbon Exports, 2000–04

		2000	2001	2002	2003	2004
			(In billions of BTUs)
Liquid petroleum products
	Crude oil	850	826	1,007	1,338	1,638
	Condensate	704	697	659	619	606
	Refined petroleum products	594	622	549	548	500
	Liquefied petroleum gas (LPG)	339	395	393	385	230
Total liquid petroleum		2,487	2,540	2,607	2,890	2,974
Natural gas and liquefied natural gas (LNG)
	Natural gas	1,294	1,174	1,173	1,197	1,339
	LNG	1,048	1,017	1,052	1,102	1,027
Total gas		2,342	2,191	2,224	2,299	2,365
Total hydrocarbon		4,829	4,731	4,831	5,189	5,339
			(In percent of total hydrocarbon volume)
Liquid petroleum products
	Crude oil	17.6	17.5	20.9	25.8	30.7
	Condensate	14.6	14.7	13.6	11.9	11.4
	Refined petroleum products	12.3	13.1	11.4	10.6	9.4
	LPG	7.0	8.3	8.1	7.4	4.3
Total		51.5	53.7	54.0	55.7	55.7
Natural gas and LNG
	Natural gas	26.8	24.8	24.3	23.1	25.1
	LNG	21.7	21.5	21.8	21.2	19.2
Total		48.5	46.3	46.0	44.3	44.3

Source: Algerian authorities.

Table 32.

Algeria: Volume of Hydrocarbon Exports, 2000–04

		2000	2001	2002	2003	2004
			(In billions of BTUs)
Liquid petroleum products
	Crude oil	850	826	1,007	1,338	1,638
	Condensate	704	697	659	619	606
	Refined petroleum products	594	622	549	548	500
	Liquefied petroleum gas (LPG)	339	395	393	385	230
Total liquid petroleum		2,487	2,540	2,607	2,890	2,974
Natural gas and liquefied natural gas (LNG)
	Natural gas	1,294	1,174	1,173	1,197	1,339
	LNG	1,048	1,017	1,052	1,102	1,027
Total gas		2,342	2,191	2,224	2,299	2,365
Total hydrocarbon		4,829	4,731	4,831	5,189	5,339
			(In percent of total hydrocarbon volume)
Liquid petroleum products
	Crude oil	17.6	17.5	20.9	25.8	30.7
	Condensate	14.6	14.7	13.6	11.9	11.4
	Refined petroleum products	12.3	13.1	11.4	10.6	9.4
	LPG	7.0	8.3	8.1	7.4	4.3
Total		51.5	53.7	54.0	55.7	55.7
Natural gas and LNG
	Natural gas	26.8	24.8	24.3	23.1	25.1
	LNG	21.7	21.5	21.8	21.2	19.2
Total		48.5	46.3	46.0	44.3	44.3

Source: Algerian authorities.

Table 33.

Algeria: Hydrocarbon Exports, 2000–04

Source: Algerian authorities.

Table 33.

Algeria: Hydrocarbon Exports, 2000–04

			2000	2001	2002	2003	2004
Crude oil
	Value (in millions of US$)		4,815	3,994	5,056	7,720	12,560
		Of which: Profit repatriation of partners	852	728	1,299	1,895	2,502
	Volume (in millions of barrels)		169	164	200	266	326
	Unit price (in US$ per barrel)		28.5	24.3	25.2	29.0	38.5
Condensate
	Value (in millions of US$)		4,000	3,170	3,055	3,571	4,878
		Of which: Profit repatriation of partners	178	154	159	145	132
	Volume (in millions of barrels)		140	139	131	123	121
	Unit price (in US$ per barrel)		28.5	22.8	23.3	29.0	40.4
Refined petroleum products
	Value (in millions of US$)		3,282	2,737	2,494	3,018	3,029
	Volume (in millions of barrels)		107	112	98	99	90
	Unit price (in US$ per barrel)		30.7	24.4	25.4	30.5	33.6
Liquefied petroleum gas (LPG)
	Value (in millions of US$)		2,119	1,849	1,755	2,166	2,583
		Of which: Profit repatriation of partners	139	141	137	156	125
	Volume (in millions of barrels)		82	95	94	93	76
	Unit price (in US$ per barrel)		25.9	19.4	18.6	23.3	33.8
Liquefied natural gas (LNG)
	Value (in millions of US$)		3,291	3,251	2,888	3,779	3,757
	Volume (in billions of c.m. dry gas equivalent)		27	26	27	28	24
	Unit price (in US$ per thousand c.m.)		122.7	125.5	107.9	133.7	155.1
Natural gas (NG)
	Value (in millions of US$)		3,555	3,531	2,861	3,739	4,743
		Of which: Profit repatriation of partners	0	0	0	0	419
	Volume (in billions of c.m.)		34	31	31	32	35
	Unit price (in US$ per thousand c.m.)		103.6	113.5	92.1	117.8	136.6
Total hydrocarbon receipts (in million of US$)			21,061	18,532	18,109	23,993	31,550
	Of which: Share of Sonatrach’s partners		1,169	1,023	1,595	2,196	3,178
				(In percent of total exports)
Oil products			67.5	63.4	68.3	68.7	73.1
	Crude oil		22.9	21.6	27.9	32.2	39.8
	Condensate		19.0	17.1	16.9	14.9	15.5
	Refined petroleum products		15.6	14.8	13.8	12.6	9.6
	LPG		10.1	10.0	9.7	9.0	8.2
Gas			32.5	36.6	31.7	31.3	26.9
	LNG		15.6	17.5	16.0	15.7	11.9
	NG		16.9	19.1	15.8	15.6	15.0

Source: Algerian authorities.

Table 33.

Algeria: Hydrocarbon Exports, 2000–04

			2000	2001	2002	2003	2004
Crude oil
	Value (in millions of US$)		4,815	3,994	5,056	7,720	12,560
		Of which: Profit repatriation of partners	852	728	1,299	1,895	2,502
	Volume (in millions of barrels)		169	164	200	266	326
	Unit price (in US$ per barrel)		28.5	24.3	25.2	29.0	38.5
Condensate
	Value (in millions of US$)		4,000	3,170	3,055	3,571	4,878
		Of which: Profit repatriation of partners	178	154	159	145	132
	Volume (in millions of barrels)		140	139	131	123	121
	Unit price (in US$ per barrel)		28.5	22.8	23.3	29.0	40.4
Refined petroleum products
	Value (in millions of US$)		3,282	2,737	2,494	3,018	3,029
	Volume (in millions of barrels)		107	112	98	99	90
	Unit price (in US$ per barrel)		30.7	24.4	25.4	30.5	33.6
Liquefied petroleum gas (LPG)
	Value (in millions of US$)		2,119	1,849	1,755	2,166	2,583
		Of which: Profit repatriation of partners	139	141	137	156	125
	Volume (in millions of barrels)		82	95	94	93	76
	Unit price (in US$ per barrel)		25.9	19.4	18.6	23.3	33.8
Liquefied natural gas (LNG)
	Value (in millions of US$)		3,291	3,251	2,888	3,779	3,757
	Volume (in billions of c.m. dry gas equivalent)		27	26	27	28	24
	Unit price (in US$ per thousand c.m.)		122.7	125.5	107.9	133.7	155.1
Natural gas (NG)
	Value (in millions of US$)		3,555	3,531	2,861	3,739	4,743
		Of which: Profit repatriation of partners	0	0	0	0	419
	Volume (in billions of c.m.)		34	31	31	32	35
	Unit price (in US$ per thousand c.m.)		103.6	113.5	92.1	117.8	136.6
Total hydrocarbon receipts (in million of US$)			21,061	18,532	18,109	23,993	31,550
	Of which: Share of Sonatrach’s partners		1,169	1,023	1,595	2,196	3,178
				(In percent of total exports)
Oil products			67.5	63.4	68.3	68.7	73.1
	Crude oil		22.9	21.6	27.9	32.2	39.8
	Condensate		19.0	17.1	16.9	14.9	15.5
	Refined petroleum products		15.6	14.8	13.8	12.6	9.6
	LPG		10.1	10.0	9.7	9.0	8.2
Gas			32.5	36.6	31.7	31.3	26.9
	LNG		15.6	17.5	16.0	15.7	11.9
	NG		16.9	19.1	15.8	15.6	15.0

Source: Algerian authorities.

Table 34.

Algeria: Trade Indices, 2000–04

Sources: Algerian authorities; and Fund staff calculations.

Table 34.

Algeria: Trade Indices, 2000–04

	2000	2001	2002	2003	2004
		(1995 = 100)
Total export volume index	228.0	223.6	230.8	252.2	260.8
Nonhydrocarbon export volume index	190.2	185.8	194.6	135.8	176.1
Total import volume index	98.2	98.9	122.9	123.0	149.2
Food import volume index	148.9	132.1	143.8	132.8	155.1
Terms of trade index	208.4	192.2	175.2	192.3	217.2
		(Annual percentage change)
Total export volume index	7.0	-1.9	3.2	9.3	3.4
Nonhydrocarbon export volume index	52.3	-2.3	4.7	-30.2	29.7
Total import volume index	6.8	0.7	24.3	0.1	21.3
Food import volume index	6.0	-11.3	8.8	-7.6	16.8
Terms of trade index	72.1	-7.8	-8.8	9.3	13.0

Sources: Algerian authorities; and Fund staff calculations.

Table 34.

Algeria: Trade Indices, 2000–04

	2000	2001	2002	2003	2004
		(1995 = 100)
Total export volume index	228.0	223.6	230.8	252.2	260.8
Nonhydrocarbon export volume index	190.2	185.8	194.6	135.8	176.1
Total import volume index	98.2	98.9	122.9	123.0	149.2
Food import volume index	148.9	132.1	143.8	132.8	155.1
Terms of trade index	208.4	192.2	175.2	192.3	217.2
		(Annual percentage change)
Total export volume index	7.0	-1.9	3.2	9.3	3.4
Nonhydrocarbon export volume index	52.3	-2.3	4.7	-30.2	29.7
Total import volume index	6.8	0.7	24.3	0.1	21.3
Food import volume index	6.0	-11.3	8.8	-7.6	16.8
Terms of trade index	72.1	-7.8	-8.8	9.3	13.0

Sources: Algerian authorities; and Fund staff calculations.

Table 35.

Algeria: External Debt, 1999–2003 ^1/

(In millions of U.S. dollars; unless otherwise indicated)

Source: World Bank, Debtor Reporting System (DRS).

^{^1/}DRS data used in this table may not correspond exactly to the external debt data published by the Algerian authorities.

^{^2/}Suppliers’ credits comprise export credit guaranteed by an export credit agency as well as other supplier’s credit arranged directly with suppliers.

Table 35.

Algeria: External Debt, 1999–2003 ^1/

(In millions of U.S. dollars; unless otherwise indicated)

				1999	2000	2001	2002	2003
Total external debt				27,997	25,272	22,587	22,770	23,353
Long-term debt				25,896	23,332	20,870	21,332	21,741
	Official creditors			18,502	17,480	16,197	16,363	16,812
		Multilateral (excluding IMF)		4,236	4,123	3,999	3,912	4,116
			Of which: World Bank	1,540	1,425	1,329	1,203	1,056
		Bilateral		14,266	13,357	12,198	12,451	12,696
			Concessional	2,975	2,688	2,320	2,422	2,508
	Private creditors			7,393	5,851	4,673	4,969	4,930
		Commercial banks		3,386	2,763	2,219	2,213	1,955
		Supplier ^2/		…	…	…	…	…
		Other private		4,007	3,088	2,453	2,756	2,974
IMF				1,906	1,718	1,518	1,330	988
Short-term debt				195	222	199	108	146
Disbursements				1,429	1,215	1,036	1,527	1,331
	Official creditors			734	795	464	490	597
		Multilateral (excluding IMF)		428	349	340	390	550
			Of which: World Bank	62	58	83	70	50
		Bilateral		306	446	124	100	47
	Private creditors			389	420	572	1,037	734
	IMF purchases			306	0	0	0	0
Principal repayment				3,381	2,815	2,964	2,887	3,205
	Official creditors			1,119	1,056	1,281	1,497	1,552
		Multilateral (excluding IMF)		420	349	524	642	535
			Of which: World Bank	199	172	177	200	202
		Bilateral		699	707	757	855	1,017
	Private creditors			1,903	1,666	1,542	1,093	1,214
	IMF repurchases			359	93	141	297	439
Interest payments				1,810	1,654	1,418	1,214	1,083
	Official creditors			1,190	1,131	1,011	966	875
		Multilateral (excluding IMF)		318	297	248	304	253
			Of which: World Bank	126	128	119	104	85
		Bilateral		872	834	764	662	622
	Private creditors			532	421	322	198	180
	IMF charges			78	92	76	43	24
	Short-term debt			10	10	9	7	4
Total debt service				5,191	4,470	4,383	4,101	4,288
	Official creditors			2,309	2,188	2,292	2,463	2,427
		Multilateral (excluding IMF)		739	646	771	946	788
		Bilateral		1,570	1,541	1,521	1,517	1,639
	Private creditors			2,435	2,087	1,865	1,291	1,394
	IMF repurchases and charges			437	185	217	340	463
	Short-term debt			10	10	9	7	4
Debt restructurings
Total amount rescheduled				2	0	0	0	0
	Principal rescheduled			0	0	0	0	0
		Official creditors		0	0	0	0	0
		Private creditors		0	0	0	0	0
	Interest rescheduled			0	0	0	0	0
		Official creditors		0	0	0	0	0
		Private creditors		0	0	0	0	0
Average terms on new commitments (all creditors)
Interest (in percent)				4.9	6.2	3.2	2.8	2.1
Maturity (in years)				10.9	11.1	12	13.6	11.8
Grace period (in years)				2.9	3	3.2	3.5	3
Grant element (in percent)				22.7	16.7	31.5	34.2	35.9
Average terms on new commitments (official creditors)
Interest (in percent)				5.4	6.2	4.5	2.6	1.8
Maturity (in years)				13.1	14.9	17.5	21.7	15
Grace period (in years)				4.4	4.1	4.8	6.2	4
Grant element (in percent)				24.5	20.8	32.6	50.7	44.9

Source: World Bank, Debtor Reporting System (DRS).

^{^1/}DRS data used in this table may not correspond exactly to the external debt data published by the Algerian authorities.

^{^2/}Suppliers’ credits comprise export credit guaranteed by an export credit agency as well as other supplier’s credit arranged directly with suppliers.

Table 35.

Algeria: External Debt, 1999–2003 ^1/

(In millions of U.S. dollars; unless otherwise indicated)

				1999	2000	2001	2002	2003
Total external debt				27,997	25,272	22,587	22,770	23,353
Long-term debt				25,896	23,332	20,870	21,332	21,741
	Official creditors			18,502	17,480	16,197	16,363	16,812
		Multilateral (excluding IMF)		4,236	4,123	3,999	3,912	4,116
			Of which: World Bank	1,540	1,425	1,329	1,203	1,056
		Bilateral		14,266	13,357	12,198	12,451	12,696
			Concessional	2,975	2,688	2,320	2,422	2,508
	Private creditors			7,393	5,851	4,673	4,969	4,930
		Commercial banks		3,386	2,763	2,219	2,213	1,955
		Supplier ^2/		…	…	…	…	…
		Other private		4,007	3,088	2,453	2,756	2,974
IMF				1,906	1,718	1,518	1,330	988
Short-term debt				195	222	199	108	146
Disbursements				1,429	1,215	1,036	1,527	1,331
	Official creditors			734	795	464	490	597
		Multilateral (excluding IMF)		428	349	340	390	550
			Of which: World Bank	62	58	83	70	50
		Bilateral		306	446	124	100	47
	Private creditors			389	420	572	1,037	734
	IMF purchases			306	0	0	0	0
Principal repayment				3,381	2,815	2,964	2,887	3,205
	Official creditors			1,119	1,056	1,281	1,497	1,552
		Multilateral (excluding IMF)		420	349	524	642	535
			Of which: World Bank	199	172	177	200	202
		Bilateral		699	707	757	855	1,017
	Private creditors			1,903	1,666	1,542	1,093	1,214
	IMF repurchases			359	93	141	297	439
Interest payments				1,810	1,654	1,418	1,214	1,083
	Official creditors			1,190	1,131	1,011	966	875
		Multilateral (excluding IMF)		318	297	248	304	253
			Of which: World Bank	126	128	119	104	85
		Bilateral		872	834	764	662	622
	Private creditors			532	421	322	198	180
	IMF charges			78	92	76	43	24
	Short-term debt			10	10	9	7	4
Total debt service				5,191	4,470	4,383	4,101	4,288
	Official creditors			2,309	2,188	2,292	2,463	2,427
		Multilateral (excluding IMF)		739	646	771	946	788
		Bilateral		1,570	1,541	1,521	1,517	1,639
	Private creditors			2,435	2,087	1,865	1,291	1,394
	IMF repurchases and charges			437	185	217	340	463
	Short-term debt			10	10	9	7	4
Debt restructurings
Total amount rescheduled				2	0	0	0	0
	Principal rescheduled			0	0	0	0	0
		Official creditors		0	0	0	0	0
		Private creditors		0	0	0	0	0
	Interest rescheduled			0	0	0	0	0
		Official creditors		0	0	0	0	0
		Private creditors		0	0	0	0	0
Average terms on new commitments (all creditors)
Interest (in percent)				4.9	6.2	3.2	2.8	2.1
Maturity (in years)				10.9	11.1	12	13.6	11.8
Grace period (in years)				2.9	3	3.2	3.5	3
Grant element (in percent)				22.7	16.7	31.5	34.2	35.9
Average terms on new commitments (official creditors)
Interest (in percent)				5.4	6.2	4.5	2.6	1.8
Maturity (in years)				13.1	14.9	17.5	21.7	15
Grace period (in years)				4.4	4.1	4.8	6.2	4
Grant element (in percent)				24.5	20.8	32.6	50.7	44.9

Source: World Bank, Debtor Reporting System (DRS).

^{^1/}DRS data used in this table may not correspond exactly to the external debt data published by the Algerian authorities.

^{^2/}Suppliers’ credits comprise export credit guaranteed by an export credit agency as well as other supplier’s credit arranged directly with suppliers.

Table 36.

Algeria: Stock of External Debt by Creditor, 2004 ^1/

Source: Algerian authorities.

^{^1/}Excluding short-term debt.

Table 36.

Algeria: Stock of External Debt by Creditor, 2004 ^1/

		Stock of Debt in Millions of U.S. Dollars (End-2004)	Stock of Debt in Percent of Total (End-2004)
Bilateral		15,277	71.4
	France	3,844	18.0
	Germany	1,360	6.4
	Italy	2,337	10.9
	Japan	1,514	7.1
	Spain	1,359	6.3
	United States	1,756	8.2
	Other OECD	2,319	10.8
	Others	787	3.7
Multilateral		4,227	19.7
	IMF	653	3.0
	World Bank	1,046	4.9
	Other institutions	2,528	11.8
Private		1,907	8.9
Total		21,411	100.0

Source: Algerian authorities.

^{^1/}Excluding short-term debt.

Table 36.

Algeria: Stock of External Debt by Creditor, 2004 ^1/

		Stock of Debt in Millions of U.S. Dollars (End-2004)	Stock of Debt in Percent of Total (End-2004)
Bilateral		15,277	71.4
	France	3,844	18.0
	Germany	1,360	6.4
	Italy	2,337	10.9
	Japan	1,514	7.1
	Spain	1,359	6.3
	United States	1,756	8.2
	Other OECD	2,319	10.8
	Others	787	3.7
Multilateral		4,227	19.7
	IMF	653	3.0
	World Bank	1,046	4.9
	Other institutions	2,528	11.8
Private		1,907	8.9
Total		21,411	100.0

Source: Algerian authorities.

^{^1/}Excluding short-term debt.

Table 37.

Algeria: Nominal and Real Effective Exchange Rates, 1990–2004

(1990 = 100)

Source: International Monetary Fund.

Table 37.

Algeria: Nominal and Real Effective Exchange Rates, 1990–2004

(1990 = 100)

	Q1	Q2	Q3	Q4
		Nominal effective exchange rate
1990	114.9	110.3	95.3	79.5
1991	54.4	52.4	52.3	40.2
1992	40.3	40.5	39.6	40.9
1993	41.8	41.6	41.9	42.3
1994	42.4	28.0	24.9	22.9
1995	21.9	19.9	18.2	18.0
1996	17.6	17.5	17.1	17.2
1997	18.0	18.4	18.7	18.7
1998	18.9	19.0	18.7	17.8
1999	17.1	17.0	16.9	16.9
2000	16.9	16.9	16.9	17.0
2001	17.0	17.3	17.2	17.3
2002	17.2	16.3	15.3	15.2
2003	14.5	13.8	14.2	14.5
2004	14.1	14.7	14.2	13.5
		Real effective exchange rate
1990	108.3	109.5	95.9	86.3
1991	61.8	62.3	64.0	52.4
1992	54.8	59.5	63.5	67.7
1993	71.3	73.2	75.2	78.2
1994	84.9	60.4	58.1	57.5
1995	57.7	53.8	52.3	52.8
1996	54.7	57.4	56.1	56.9
1997	59.5	61.1	62.8	63.6
1998	65.3	65.8	65.2	62.5
1999	60.0	59.7	59.7	58.9
2000	59.4	58.0	57.5	57.6
2001	57.8	60.2	60.3	60.9
2002	60.5	56.0	52.4	51.6
2003	48.8	47.9	49.6	50.7
2004	49.4	51.8	49.8	46.9

Source: International Monetary Fund.

Table 37.

Algeria: Nominal and Real Effective Exchange Rates, 1990–2004

(1990 = 100)

	Q1	Q2	Q3	Q4
		Nominal effective exchange rate
1990	114.9	110.3	95.3	79.5
1991	54.4	52.4	52.3	40.2
1992	40.3	40.5	39.6	40.9
1993	41.8	41.6	41.9	42.3
1994	42.4	28.0	24.9	22.9
1995	21.9	19.9	18.2	18.0
1996	17.6	17.5	17.1	17.2
1997	18.0	18.4	18.7	18.7
1998	18.9	19.0	18.7	17.8
1999	17.1	17.0	16.9	16.9
2000	16.9	16.9	16.9	17.0
2001	17.0	17.3	17.2	17.3
2002	17.2	16.3	15.3	15.2
2003	14.5	13.8	14.2	14.5
2004	14.1	14.7	14.2	13.5
		Real effective exchange rate
1990	108.3	109.5	95.9	86.3
1991	61.8	62.3	64.0	52.4
1992	54.8	59.5	63.5	67.7
1993	71.3	73.2	75.2	78.2
1994	84.9	60.4	58.1	57.5
1995	57.7	53.8	52.3	52.8
1996	54.7	57.4	56.1	56.9
1997	59.5	61.1	62.8	63.6
1998	65.3	65.8	65.2	62.5
1999	60.0	59.7	59.7	58.9
2000	59.4	58.0	57.5	57.6
2001	57.8	60.2	60.3	60.9
2002	60.5	56.0	52.4	51.6
2003	48.8	47.9	49.6	50.7
2004	49.4	51.8	49.8	46.9

Source: International Monetary Fund.

Algeria: Summary of the Tax System, 2005

(All amounts in Algerian dinars)

Algeria: Summary of the Tax System, 2005

(All amounts in Algerian dinars)

VAT proceeds are distributed as follows

(CTCA Art. 161):

Domestic transactions

- 85% central government budget

- 10% FCCL

- 5% municipalities.

Exports:

- 85% central government budget

- 15% FCCL

Tax			Nature of Tax	Exemptions and Deductions	Rate
1.	Tax on income and profits
	1.1 Tax on overall income of individuals (Impôt sur le revenu global des personnes physiques - IRG)		Levied on overall Algerian-source net annual income of individuals domiciled in Algeria for tax purposes. Overall net income (the tax base) is defined as the sum of total net income from the following: (i) Industrial and commercial profits. Tax base calculation: • presumptive method, for two groups of taxpayers with annual turnover of no more than DA 2,500,000 (sales) or DA 1,200,000 (others); • actual profit method for taxpayers with higher turnover than above, including those granted concessions, wholesalers, and rental operators for equipment and goods, including durable consumption goods (ii) Noncommercial profits (as defined in the CID) Tax base calculation: actual profit (iii) Agricultural income (as defined in Arts. 35 and 36 of the CID, and in place of the former CUA)	Persons whose overall net annual income does not exceed the maximum tax bracket for 0 percent IRG rate, i.e. DA 60,000. Persons with motor or mental disabilities, blind, deaf, whose monthly salary is below DA 15,000. The foreign diplomatic community in Algeria, on a reciprocity basis, as well as the activities of young entrepreneurs and others as described in the CID.¹ 25 percent deduction for the first two fiscal years on activities of veterans of the independence war. 30 percent deduction on reinvested profits. 35 percent deduction for bakeries.
Tax bracket	Rate
Up to 60,000	0%
60,001–180,000	10%
180,001–360,000	20%
360,001–1,080,000	30%
1,080,001–3,240,000	35%
Above 3,240,000	40%
			(iv) Capital income	Income and capital gains from securities listed on official stock exchange and from shares in mutual fund, for 5 years beginning Jan. 1, 2003. Income and capital gains from securities listed on official stock exchange or traded on organized market of minimal five-year maturity issued in the five years after January 1, 2003. Starting Jan. 1, 2005, 5 year exemption from IRG for capital income related to the fund to support investment for jobs (FSIE)	15 percent; 50 percent for income from bearers’ certificates (bons de caisse anonymes) 10 percent on income from claims deposits and guarantees For interest income on personal savings accounts and passbooks: 1 percent if less than DA 50,000 10 percent for the fraction of income above DA 50,000. 15 percent of profits shared between non-resident firms and resident individuals
			(v) Property income: Rental of real estate (whether developed or not)		7 percent of rental income 0 percent if rented to students 15 percent of commercial real estate rental income
			(vi) Wages, salaries, pensions and annuities
Category		Exemption	Threshold
	Single	10%	DA 300-1,500
	Married	30%	DA 400-1,500
Withholding tax on bonus income and assimilated: 15 percent. Withholding tax on occasional teaching, research, or assistantship: 15 percent. Withholding tax on occasional consulting work: 15 percent (for income less than DA 500,000, no further tax due). Withholding tax on wages of foreign technical and managerial workers: 20 percent
			(vii) Capital gains from sale of buildings whether renovated or not (except sale of a property resulting from estate bequest)	Deduction of (A) if the sale occurs (B) after the date of acquisition or establishment of the property:
(A)		(B)
100 percent	-	more than 15 years
80 percent	-	between 10 and 15 years
60 percent	-	between 6 and 10 years
40 percent	-	between 4 and 5 years
30 percent	-	between 2 and 4 years
10 percent
	1.2 Payroll tax		Flat-rate payment (Versement forfaitaire-VF), allocated in full to local governments. This is a monthly tax levied on all entities paying wages. The tax base is the payroll.	Temporary exemption of 3 years for new enterprises created by young entrepreneurs. Various exemptions for entities falling under ANDI.²	1 percent of payroll, to be phased out on January 1, 2006
	1.3 Wealth tax (Impôt sur le patrimoine)		The tax base is the net value of all property and assets belonging to individuals who: • are residents of Algeria for tax purposes, whether properties and assets are located in Algeria or outside; • are not residents for tax purposes, but have assets or properties located in Algeria.	Furniture, jewels and stones, gold and precious metals as well as other physical movable property are not required to be declared. Professional items.
<	12,000,000	0.0%
	12,000,001–18,000,000	0.5%
	18,000,001–22,000,000	1.0%
	22,000,001–30,000,000	1.5%
	30,000,001–50,000,000	2.0%
>	50,000,000	2.5%
	1.3.1 Real estate tax (Impôt sur la propriété immobilière)		Allocated in full to local governments. Annual tax on houses, factories, and all developed properties, fixed factory equipment, building lots, and land for industrial and commercial use.	Buildings housing diplomatic and consular missions on a reciprocity basis, new constructions (for 7 years), and construction used for the activities of young entrepreneurs (3 to 6 years), and social housing belonging to the public sector. Other property allocated to public service and not generating income, property belonging to the central government, local governments, or public institutions and for administrative use. Owner-occupiers with monthly income of less than twice the minimum wage (SNMG) and for which the tax is less than DA 800.	3 percent of taxable rental value by square meter of taxable area. Exempted individuals are subject to an annual contribution of DA 100.
		1.3.2 Transfer and stamp duties (Droits de mutation et d’enregistrement)	Transfer duties on net value of property. For transfers as a result of death, the rate is based on the amount transferred and the degree of kinship. Lease and insurance documents, contracts, and documents establishing or modifying corporate charters are subject to fixed and/or proportional duties.	Transfers of central and local governments’ property and low-income housing offices. Certain specific exemptions are provided for socioeconomic objectives.	Fixed duties of DA 500 to DA 10,000 Otherwise, ad-valorem as follows:
Assets and stocks	2.5%
Claims	1.0%
Exchange	2.5%
Goodwill	5%
Incorporation	½%
Movable property	2.5%
Direct inheritance	5%
Buildings	5%
		1.3.3 Recordation tax (Taxe de publicité foncière)	Tax based on the net value of taxes stated in documents pertaining to property transfer and mortgage registration, memoranda and subrogation, reduction, and satisfaction.		½ or 1 percent
		1.3.4 Waste collection tax (Taxe d’assainissement)	Tax levied for the benefit of municipalities operating waste removal services.	For municipalities having a recycling program, 15 percent of tax is refunded to households.	DA 500–1000 for dwellings DA 1,000–10,000 for commercial premises DA 5,000–20,000 for camping-mobile home sites DA 10,000–100,000 for commercial premises generating large amounts of waste Rates are determined for each municipality on the basis of council deliberations and the views of administrative authority in charge
	1.4 Corporate profit tax (Impôt sur les bénéfices des personnes morales ou des sociétés—IBS)		Levied on total annual profit or net income earned in Algeria by companies, whatever their form or purpose, except as exempted by the CID (Art. 138). Tax is initiated by a taxpayer filing before April 1, except withholding at the source for: • income from stocks and securities; • income from loans, deposits. • income foreign companies that do not have permanent bases in Algeria for service providers, and profits of sales depending on the duration of possession, as follows: 70 percent for a duration under 3 years, and 35 percent for over 3 years.	• non-incorporated civil enterprises; • other special regimes as provided for under budget laws (which may opt to pay the corporate profit tax); • activities of young entrepreneurs for 3–6 years; • consumer cooperatives; • associations of disabled persons; • theater activities; • tourism enterprises: for 10 years; • enterprises falling under ANDI; • venture capital: 5 years • investments falling under Caisse Nationale d’Assurance Chômage: 3 years.	General rate: 30 percent Reduced rate: 15 percent (for reinvested profits) Specific rates (withholding tax): Income from stocks: 15 percent (distributed dividends) Income from loans and deposits: 10 percent Income from bearer’ certificates: 50 percent Income from corporations having no professional location in Algeria: 24 percent Income of corporations providing management services: 20 percent Royalties transferred abroad: 24% Compensation for services provided or used in Algeria: 24 percent Gross income of maritime transportation companies: 10 percent (except if reciprocity)
2.	Tax on production and consumption
	2.1 Value-added tax (VAT) (Taxe sur la valeur ajoutée - TVA)		VAT is levied on sales, buildings under construction, and services other than those subject to special taxes of an industrial, commercial, or artisan nature, carried out in Algeria, regardless of the legal status of the parties and the form or nature of their involvement. Tax subjects are producers, wholesalers, retailers, and subsidiaries/offices of foreign corporations. Optional for exporters, oil companies, or other VAT payers, enterprises benefiting from duty-free purchases.	Retail resale, agricultural sector, activities subject to specific indirect taxes, merchandise exports, and individuals with total sales below DA 100,000 for service providers and DA 130,000 for all others.
Normal rate	17%
Reduced rate	7%
	2.2 Domestic consumption tax (Droit intérieur de consommation)		Tax on alcohol, wines and other alcoholic beverages, gold, silver or platinum artifacts. The chargeable event consists of consumption of the taxable goods. As to gold, silver or platinum artifacts, tax recovery, as well as guarantee rights, occur when put to the test (checking out the legal title and stamping). Tobacco, cigarettes, beer are also subject to VAT.	Exports, including alcohol for industrial purposes
Product		Rate (DA)
A. Beer		3,610/hl
B. Cigarettes
	a. dark tobacco	1040/kg
	b. light tobacco	1260/kg
C. Cigars		1470/kg
D. Smoking tobacco		620/kg
E. Other tobacco		710/kg
F. Matches		26/100 boxes
	2.4 Tax on petroleum products		Tax on domestically consumed petroleum products established by Article 62 of the budget law for 1996. The 2001 budget law changed the tax from an ad-valorem to a specific tax.	Exports
Premium gasoline	777.5 DA/hl
Regular gasoline	629.5 DA/hl
Heating oil	68.9 DA/hl
Diesel oil	257.25 DA/hl
Propane	35.65 DA/35kg
Butane	25.20 DA/13kg
LPG	260.8 DA/hl
	2.5 Tax on professional activities (Taxe sur l’activité professionnelle)		Turnover tax on individuals or companies subject to IRG or IBS; allocated in full to local governments	Several, including ANDI	2 percent
3.	Taxes on international trade
	3.1 Custom duties (Droits de Douane)		Levied on imported goods	Investment goods and products directly used in hydrocarbon exploration and production	5 percent, 15 percent, and 30 percent; all duties are assessed ad-valorem on C.I.F. values. Some imports are subject, in addition, to temporary additional duty of 12 percent which will be phased out on January 1, 2006.
	3.2 Custom service fees (Redevance Douanière, RD and Redevance pour formalité Douanière, RFD)		Flat duties on imports	Same as for customs duties	0.4 percent of value C.I.F. for RD and 2 percent for RFD

Algeria: Summary of the Tax System, 2005

(All amounts in Algerian dinars)

Tax			Nature of Tax	Exemptions and Deductions	Rate
1.	Tax on income and profits
	1.1 Tax on overall income of individuals (Impôt sur le revenu global des personnes physiques - IRG)		Levied on overall Algerian-source net annual income of individuals domiciled in Algeria for tax purposes. Overall net income (the tax base) is defined as the sum of total net income from the following: (i) Industrial and commercial profits. Tax base calculation: • presumptive method, for two groups of taxpayers with annual turnover of no more than DA 2,500,000 (sales) or DA 1,200,000 (others); • actual profit method for taxpayers with higher turnover than above, including those granted concessions, wholesalers, and rental operators for equipment and goods, including durable consumption goods (ii) Noncommercial profits (as defined in the CID) Tax base calculation: actual profit (iii) Agricultural income (as defined in Arts. 35 and 36 of the CID, and in place of the former CUA)	Persons whose overall net annual income does not exceed the maximum tax bracket for 0 percent IRG rate, i.e. DA 60,000. Persons with motor or mental disabilities, blind, deaf, whose monthly salary is below DA 15,000. The foreign diplomatic community in Algeria, on a reciprocity basis, as well as the activities of young entrepreneurs and others as described in the CID.¹ 25 percent deduction for the first two fiscal years on activities of veterans of the independence war. 30 percent deduction on reinvested profits. 35 percent deduction for bakeries.
Tax bracket	Rate
Up to 60,000	0%
60,001–180,000	10%
180,001–360,000	20%
360,001–1,080,000	30%
1,080,001–3,240,000	35%
Above 3,240,000	40%
			(iv) Capital income	Income and capital gains from securities listed on official stock exchange and from shares in mutual fund, for 5 years beginning Jan. 1, 2003. Income and capital gains from securities listed on official stock exchange or traded on organized market of minimal five-year maturity issued in the five years after January 1, 2003. Starting Jan. 1, 2005, 5 year exemption from IRG for capital income related to the fund to support investment for jobs (FSIE)	15 percent; 50 percent for income from bearers’ certificates (bons de caisse anonymes) 10 percent on income from claims deposits and guarantees For interest income on personal savings accounts and passbooks: 1 percent if less than DA 50,000 10 percent for the fraction of income above DA 50,000. 15 percent of profits shared between non-resident firms and resident individuals
			(v) Property income: Rental of real estate (whether developed or not)		7 percent of rental income 0 percent if rented to students 15 percent of commercial real estate rental income
			(vi) Wages, salaries, pensions and annuities
Category		Exemption	Threshold
	Single	10%	DA 300-1,500
	Married	30%	DA 400-1,500
Withholding tax on bonus income and assimilated: 15 percent. Withholding tax on occasional teaching, research, or assistantship: 15 percent. Withholding tax on occasional consulting work: 15 percent (for income less than DA 500,000, no further tax due). Withholding tax on wages of foreign technical and managerial workers: 20 percent
			(vii) Capital gains from sale of buildings whether renovated or not (except sale of a property resulting from estate bequest)	Deduction of (A) if the sale occurs (B) after the date of acquisition or establishment of the property:
(A)		(B)
100 percent	-	more than 15 years
80 percent	-	between 10 and 15 years
60 percent	-	between 6 and 10 years
40 percent	-	between 4 and 5 years
30 percent	-	between 2 and 4 years
10 percent
	1.2 Payroll tax		Flat-rate payment (Versement forfaitaire-VF), allocated in full to local governments. This is a monthly tax levied on all entities paying wages. The tax base is the payroll.	Temporary exemption of 3 years for new enterprises created by young entrepreneurs. Various exemptions for entities falling under ANDI.²	1 percent of payroll, to be phased out on January 1, 2006
	1.3 Wealth tax (Impôt sur le patrimoine)		The tax base is the net value of all property and assets belonging to individuals who: • are residents of Algeria for tax purposes, whether properties and assets are located in Algeria or outside; • are not residents for tax purposes, but have assets or properties located in Algeria.	Furniture, jewels and stones, gold and precious metals as well as other physical movable property are not required to be declared. Professional items.
<	12,000,000	0.0%
	12,000,001–18,000,000	0.5%
	18,000,001–22,000,000	1.0%
	22,000,001–30,000,000	1.5%
	30,000,001–50,000,000	2.0%
>	50,000,000	2.5%
	1.3.1 Real estate tax (Impôt sur la propriété immobilière)		Allocated in full to local governments. Annual tax on houses, factories, and all developed properties, fixed factory equipment, building lots, and land for industrial and commercial use.	Buildings housing diplomatic and consular missions on a reciprocity basis, new constructions (for 7 years), and construction used for the activities of young entrepreneurs (3 to 6 years), and social housing belonging to the public sector. Other property allocated to public service and not generating income, property belonging to the central government, local governments, or public institutions and for administrative use. Owner-occupiers with monthly income of less than twice the minimum wage (SNMG) and for which the tax is less than DA 800.	3 percent of taxable rental value by square meter of taxable area. Exempted individuals are subject to an annual contribution of DA 100.
		1.3.2 Transfer and stamp duties (Droits de mutation et d’enregistrement)	Transfer duties on net value of property. For transfers as a result of death, the rate is based on the amount transferred and the degree of kinship. Lease and insurance documents, contracts, and documents establishing or modifying corporate charters are subject to fixed and/or proportional duties.	Transfers of central and local governments’ property and low-income housing offices. Certain specific exemptions are provided for socioeconomic objectives.	Fixed duties of DA 500 to DA 10,000 Otherwise, ad-valorem as follows:
Assets and stocks	2.5%
Claims	1.0%
Exchange	2.5%
Goodwill	5%
Incorporation	½%
Movable property	2.5%
Direct inheritance	5%
Buildings	5%
		1.3.3 Recordation tax (Taxe de publicité foncière)	Tax based on the net value of taxes stated in documents pertaining to property transfer and mortgage registration, memoranda and subrogation, reduction, and satisfaction.		½ or 1 percent
		1.3.4 Waste collection tax (Taxe d’assainissement)	Tax levied for the benefit of municipalities operating waste removal services.	For municipalities having a recycling program, 15 percent of tax is refunded to households.	DA 500–1000 for dwellings DA 1,000–10,000 for commercial premises DA 5,000–20,000 for camping-mobile home sites DA 10,000–100,000 for commercial premises generating large amounts of waste Rates are determined for each municipality on the basis of council deliberations and the views of administrative authority in charge
	1.4 Corporate profit tax (Impôt sur les bénéfices des personnes morales ou des sociétés—IBS)		Levied on total annual profit or net income earned in Algeria by companies, whatever their form or purpose, except as exempted by the CID (Art. 138). Tax is initiated by a taxpayer filing before April 1, except withholding at the source for: • income from stocks and securities; • income from loans, deposits. • income foreign companies that do not have permanent bases in Algeria for service providers, and profits of sales depending on the duration of possession, as follows: 70 percent for a duration under 3 years, and 35 percent for over 3 years.	• non-incorporated civil enterprises; • other special regimes as provided for under budget laws (which may opt to pay the corporate profit tax); • activities of young entrepreneurs for 3–6 years; • consumer cooperatives; • associations of disabled persons; • theater activities; • tourism enterprises: for 10 years; • enterprises falling under ANDI; • venture capital: 5 years • investments falling under Caisse Nationale d’Assurance Chômage: 3 years.	General rate: 30 percent Reduced rate: 15 percent (for reinvested profits) Specific rates (withholding tax): Income from stocks: 15 percent (distributed dividends) Income from loans and deposits: 10 percent Income from bearer’ certificates: 50 percent Income from corporations having no professional location in Algeria: 24 percent Income of corporations providing management services: 20 percent Royalties transferred abroad: 24% Compensation for services provided or used in Algeria: 24 percent Gross income of maritime transportation companies: 10 percent (except if reciprocity)
2.	Tax on production and consumption
	2.1 Value-added tax (VAT) (Taxe sur la valeur ajoutée - TVA)		VAT is levied on sales, buildings under construction, and services other than those subject to special taxes of an industrial, commercial, or artisan nature, carried out in Algeria, regardless of the legal status of the parties and the form or nature of their involvement. Tax subjects are producers, wholesalers, retailers, and subsidiaries/offices of foreign corporations. Optional for exporters, oil companies, or other VAT payers, enterprises benefiting from duty-free purchases.	Retail resale, agricultural sector, activities subject to specific indirect taxes, merchandise exports, and individuals with total sales below DA 100,000 for service providers and DA 130,000 for all others.
Normal rate	17%
Reduced rate	7%
	2.2 Domestic consumption tax (Droit intérieur de consommation)		Tax on alcohol, wines and other alcoholic beverages, gold, silver or platinum artifacts. The chargeable event consists of consumption of the taxable goods. As to gold, silver or platinum artifacts, tax recovery, as well as guarantee rights, occur when put to the test (checking out the legal title and stamping). Tobacco, cigarettes, beer are also subject to VAT.	Exports, including alcohol for industrial purposes
Product		Rate (DA)
A. Beer		3,610/hl
B. Cigarettes
	a. dark tobacco	1040/kg
	b. light tobacco	1260/kg
C. Cigars		1470/kg
D. Smoking tobacco		620/kg
E. Other tobacco		710/kg
F. Matches		26/100 boxes
	2.4 Tax on petroleum products		Tax on domestically consumed petroleum products established by Article 62 of the budget law for 1996. The 2001 budget law changed the tax from an ad-valorem to a specific tax.	Exports
Premium gasoline	777.5 DA/hl
Regular gasoline	629.5 DA/hl
Heating oil	68.9 DA/hl
Diesel oil	257.25 DA/hl
Propane	35.65 DA/35kg
Butane	25.20 DA/13kg
LPG	260.8 DA/hl
	2.5 Tax on professional activities (Taxe sur l’activité professionnelle)		Turnover tax on individuals or companies subject to IRG or IBS; allocated in full to local governments	Several, including ANDI	2 percent
3.	Taxes on international trade
	3.1 Custom duties (Droits de Douane)		Levied on imported goods	Investment goods and products directly used in hydrocarbon exploration and production	5 percent, 15 percent, and 30 percent; all duties are assessed ad-valorem on C.I.F. values. Some imports are subject, in addition, to temporary additional duty of 12 percent which will be phased out on January 1, 2006.
	3.2 Custom service fees (Redevance Douanière, RD and Redevance pour formalité Douanière, RFD)		Flat duties on imports	Same as for customs duties	0.4 percent of value C.I.F. for RD and 2 percent for RFD

CID = code des impôts directs.

Agence Nationale pour le Développement de l’Investissement = Investment promotion scheme.

Other Publishers

Save
Cite
Email this content

Share Link

Copy this link, or click below to email it to a friend
Email this content
or copy the link directly:

https://www.elibrary.imf.org/view/journals/002/2006/102/article-A001-en.xml
The link was not copied. Your current browser may not support copying via this button.

Link copied successfully

Collapse
Expand

Algeria: Statistical Appendix

Author:

International Monetary Fund

Volume/Issue:: Volume 2006: Issue 102

Publisher:: International Monetary Fund

ISBN:: 9781451811513

ISSN:: 1934-7685

Pages:: 48

DOI:: https://doi.org/10.5089/9781451811513.002

Keywords

Algeria: Summary of the Tax System, 2005

(All amounts in Algerian dinars)

Tax			Nature of Tax	Exemptions and Deductions	Rate
1.	Tax on income and profits
	1.1 Tax on overall income of individuals (Impôt sur le revenu global des personnes physiques - IRG)		Levied on overall Algerian-source net annual income of individuals domiciled in Algeria for tax purposes. Overall net income (the tax base) is defined as the sum of total net income from the following: (i) Industrial and commercial profits. Tax base calculation: • presumptive method, for two groups of taxpayers with annual turnover of no more than DA 2,500,000 (sales) or DA 1,200,000 (others); • actual profit method for taxpayers with higher turnover than above, including those granted concessions, wholesalers, and rental operators for equipment and goods, including durable consumption goods (ii) Noncommercial profits (as defined in the CID) Tax base calculation: actual profit (iii) Agricultural income (as defined in Arts. 35 and 36 of the CID, and in place of the former CUA)	Persons whose overall net annual income does not exceed the maximum tax bracket for 0 percent IRG rate, i.e. DA 60,000. Persons with motor or mental disabilities, blind, deaf, whose monthly salary is below DA 15,000. The foreign diplomatic community in Algeria, on a reciprocity basis, as well as the activities of young entrepreneurs and others as described in the CID.¹ 25 percent deduction for the first two fiscal years on activities of veterans of the independence war. 30 percent deduction on reinvested profits. 35 percent deduction for bakeries.
Tax bracket	Rate
Up to 60,000	0%
60,001–180,000	10%
180,001–360,000	20%
360,001–1,080,000	30%
1,080,001–3,240,000	35%
Above 3,240,000	40%
			(iv) Capital income	Income and capital gains from securities listed on official stock exchange and from shares in mutual fund, for 5 years beginning Jan. 1, 2003. Income and capital gains from securities listed on official stock exchange or traded on organized market of minimal five-year maturity issued in the five years after January 1, 2003. Starting Jan. 1, 2005, 5 year exemption from IRG for capital income related to the fund to support investment for jobs (FSIE)	15 percent; 50 percent for income from bearers’ certificates (bons de caisse anonymes) 10 percent on income from claims deposits and guarantees For interest income on personal savings accounts and passbooks: 1 percent if less than DA 50,000 10 percent for the fraction of income above DA 50,000. 15 percent of profits shared between non-resident firms and resident individuals
			(v) Property income: Rental of real estate (whether developed or not)		7 percent of rental income 0 percent if rented to students 15 percent of commercial real estate rental income
			(vi) Wages, salaries, pensions and annuities
Category		Exemption	Threshold
	Single	10%	DA 300-1,500
	Married	30%	DA 400-1,500
Withholding tax on bonus income and assimilated: 15 percent. Withholding tax on occasional teaching, research, or assistantship: 15 percent. Withholding tax on occasional consulting work: 15 percent (for income less than DA 500,000, no further tax due). Withholding tax on wages of foreign technical and managerial workers: 20 percent
			(vii) Capital gains from sale of buildings whether renovated or not (except sale of a property resulting from estate bequest)	Deduction of (A) if the sale occurs (B) after the date of acquisition or establishment of the property:
(A)		(B)
100 percent	-	more than 15 years
80 percent	-	between 10 and 15 years
60 percent	-	between 6 and 10 years
40 percent	-	between 4 and 5 years
30 percent	-	between 2 and 4 years
10 percent
	1.2 Payroll tax		Flat-rate payment (Versement forfaitaire-VF), allocated in full to local governments. This is a monthly tax levied on all entities paying wages. The tax base is the payroll.	Temporary exemption of 3 years for new enterprises created by young entrepreneurs. Various exemptions for entities falling under ANDI.²	1 percent of payroll, to be phased out on January 1, 2006
	1.3 Wealth tax (Impôt sur le patrimoine)		The tax base is the net value of all property and assets belonging to individuals who: • are residents of Algeria for tax purposes, whether properties and assets are located in Algeria or outside; • are not residents for tax purposes, but have assets or properties located in Algeria.	Furniture, jewels and stones, gold and precious metals as well as other physical movable property are not required to be declared. Professional items.
<	12,000,000	0.0%
	12,000,001–18,000,000	0.5%
	18,000,001–22,000,000	1.0%
	22,000,001–30,000,000	1.5%
	30,000,001–50,000,000	2.0%
>	50,000,000	2.5%
	1.3.1 Real estate tax (Impôt sur la propriété immobilière)		Allocated in full to local governments. Annual tax on houses, factories, and all developed properties, fixed factory equipment, building lots, and land for industrial and commercial use.	Buildings housing diplomatic and consular missions on a reciprocity basis, new constructions (for 7 years), and construction used for the activities of young entrepreneurs (3 to 6 years), and social housing belonging to the public sector. Other property allocated to public service and not generating income, property belonging to the central government, local governments, or public institutions and for administrative use. Owner-occupiers with monthly income of less than twice the minimum wage (SNMG) and for which the tax is less than DA 800.	3 percent of taxable rental value by square meter of taxable area. Exempted individuals are subject to an annual contribution of DA 100.
		1.3.2 Transfer and stamp duties (Droits de mutation et d’enregistrement)	Transfer duties on net value of property. For transfers as a result of death, the rate is based on the amount transferred and the degree of kinship. Lease and insurance documents, contracts, and documents establishing or modifying corporate charters are subject to fixed and/or proportional duties.	Transfers of central and local governments’ property and low-income housing offices. Certain specific exemptions are provided for socioeconomic objectives.	Fixed duties of DA 500 to DA 10,000 Otherwise, ad-valorem as follows:
Assets and stocks	2.5%
Claims	1.0%
Exchange	2.5%
Goodwill	5%
Incorporation	½%
Movable property	2.5%
Direct inheritance	5%
Buildings	5%
		1.3.3 Recordation tax (Taxe de publicité foncière)	Tax based on the net value of taxes stated in documents pertaining to property transfer and mortgage registration, memoranda and subrogation, reduction, and satisfaction.		½ or 1 percent
		1.3.4 Waste collection tax (Taxe d’assainissement)	Tax levied for the benefit of municipalities operating waste removal services.	For municipalities having a recycling program, 15 percent of tax is refunded to households.	DA 500–1000 for dwellings DA 1,000–10,000 for commercial premises DA 5,000–20,000 for camping-mobile home sites DA 10,000–100,000 for commercial premises generating large amounts of waste Rates are determined for each municipality on the basis of council deliberations and the views of administrative authority in charge
	1.4 Corporate profit tax (Impôt sur les bénéfices des personnes morales ou des sociétés—IBS)		Levied on total annual profit or net income earned in Algeria by companies, whatever their form or purpose, except as exempted by the CID (Art. 138). Tax is initiated by a taxpayer filing before April 1, except withholding at the source for: • income from stocks and securities; • income from loans, deposits. • income foreign companies that do not have permanent bases in Algeria for service providers, and profits of sales depending on the duration of possession, as follows: 70 percent for a duration under 3 years, and 35 percent for over 3 years.	• non-incorporated civil enterprises; • other special regimes as provided for under budget laws (which may opt to pay the corporate profit tax); • activities of young entrepreneurs for 3–6 years; • consumer cooperatives; • associations of disabled persons; • theater activities; • tourism enterprises: for 10 years; • enterprises falling under ANDI; • venture capital: 5 years • investments falling under Caisse Nationale d’Assurance Chômage: 3 years.	General rate: 30 percent Reduced rate: 15 percent (for reinvested profits) Specific rates (withholding tax): Income from stocks: 15 percent (distributed dividends) Income from loans and deposits: 10 percent Income from bearer’ certificates: 50 percent Income from corporations having no professional location in Algeria: 24 percent Income of corporations providing management services: 20 percent Royalties transferred abroad: 24% Compensation for services provided or used in Algeria: 24 percent Gross income of maritime transportation companies: 10 percent (except if reciprocity)
2.	Tax on production and consumption
	2.1 Value-added tax (VAT) (Taxe sur la valeur ajoutée - TVA)		VAT is levied on sales, buildings under construction, and services other than those subject to special taxes of an industrial, commercial, or artisan nature, carried out in Algeria, regardless of the legal status of the parties and the form or nature of their involvement. Tax subjects are producers, wholesalers, retailers, and subsidiaries/offices of foreign corporations. Optional for exporters, oil companies, or other VAT payers, enterprises benefiting from duty-free purchases.	Retail resale, agricultural sector, activities subject to specific indirect taxes, merchandise exports, and individuals with total sales below DA 100,000 for service providers and DA 130,000 for all others.
Normal rate	17%
Reduced rate	7%
	2.2 Domestic consumption tax (Droit intérieur de consommation)		Tax on alcohol, wines and other alcoholic beverages, gold, silver or platinum artifacts. The chargeable event consists of consumption of the taxable goods. As to gold, silver or platinum artifacts, tax recovery, as well as guarantee rights, occur when put to the test (checking out the legal title and stamping). Tobacco, cigarettes, beer are also subject to VAT.	Exports, including alcohol for industrial purposes
Product		Rate (DA)
A. Beer		3,610/hl
B. Cigarettes
	a. dark tobacco	1040/kg
	b. light tobacco	1260/kg
C. Cigars		1470/kg
D. Smoking tobacco		620/kg
E. Other tobacco		710/kg
F. Matches		26/100 boxes
	2.4 Tax on petroleum products		Tax on domestically consumed petroleum products established by Article 62 of the budget law for 1996. The 2001 budget law changed the tax from an ad-valorem to a specific tax.	Exports
Premium gasoline	777.5 DA/hl
Regular gasoline	629.5 DA/hl
Heating oil	68.9 DA/hl
Diesel oil	257.25 DA/hl
Propane	35.65 DA/35kg
Butane	25.20 DA/13kg
LPG	260.8 DA/hl
	2.5 Tax on professional activities (Taxe sur l’activité professionnelle)		Turnover tax on individuals or companies subject to IRG or IBS; allocated in full to local governments	Several, including ANDI	2 percent
3.	Taxes on international trade
	3.1 Custom duties (Droits de Douane)		Levied on imported goods	Investment goods and products directly used in hydrocarbon exploration and production	5 percent, 15 percent, and 30 percent; all duties are assessed ad-valorem on C.I.F. values. Some imports are subject, in addition, to temporary additional duty of 12 percent which will be phased out on January 1, 2006.
	3.2 Custom service fees (Redevance Douanière, RD and Redevance pour formalité Douanière, RFD)		Flat duties on imports	Same as for customs duties	0.4 percent of value C.I.F. for RD and 2 percent for RFD

Topics

Countries

Series

About

Resources

Abstract

Same Series

Other IMF Content

Other Publishers

Asian Development Bank

Food and Agriculture Organization

Inter-American Development Bank

Nordic Council of Ministers

The World Bank

Share Link

Table of Contents

Headings

Metrics