A stable rent economy
C2
MEDIUM RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
Updated in September 2024.
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Form of state | Semi-presidential Republic |
Head of state | Abdelmadjid Tebboune (President) |
Next election |
2029, presidential |
Strengths & Weaknesses
- Top natural gas producer in Africa and second-largest reservoir in the region (after Nigeria), with reserves estimated to last 28 years at current rates of extraction
- Second-largest provider of oil to Europe via pipeline and an increasing LNG supplier
- Potential for renewable solar energy production and mining
- Hydrocarbon production and revenues are expected to deteriorate and negatively impact growth in the mid term
- Significant political and social risk, with a divided society and occasional diplomatic tensions with European partners that could have an impact on trade
- Lack of any substantial economic diversification pose risks to the long-term prospects, with a banking sector dominated by state-owned institutions, which are required to finance the state budget and may create contingent liabilities
Economic Overview
Trade Structure by destination/origin
(% of total, 2023)
Trade Structure by product
(% of total, annual 2023)
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
Contacts
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