Algeria: Inward and Outward FDI 39.5 Population (million) 2,381,741 Area (Km2) 998 Coastline (Km) Petroleum, natural gas, iron ore, phosphate, uranium, lead Natural resources I – Inward Investments In 2014, Algeria succeeded in attracting FDIs worth 1488 million dollars according to UNCTAD estimations, which represent 3.4% of the Arab total for the same year. FDI balances incoming to Algeria amounted to some 26.8 billion dollars by the end of 2014, which represent 3.6% of the Arab total for the same period. As for Algeria's activity in terms of new FDIs (greenfield), the FDI Markets database published by the Financial Times for the period from January 2003 to May 2015 shows the following: • 375 FDI projects are being implemented in Algeria by 306 Arab and foreign companies. It is estimated that the total investment cost of these projects, which employ roughly 93,000 workers is about $ 68 billion. • UAE, Spain, France, Vietnam, Switzerland, Egypt, UK, USA, China and Luxembourg respectively were on the list of the most important countries investing in Algeria, in terms of investment cost of the projects. The share of UAE, Spain and France accounted for around 43% of the total. • Arab and foreign investments incoming to Algeria are concentrated in the coal, oil and gas sector with a percentage of 28.1%, while 21.1% are in the minerals sector and 19.6% in the real estate sector. • Emirates International Investment Company LLC came on top of the list of the 10 most important companies investing in Algeria where it implements a huge project with an investment cost estimated at around 5 billion dollars. II – Outward Investments The UNCTAD did not detect any outward investment flows from Algeria in 2014. Outward FDI balances from Algeria amounted to some 1.7 billion dollars by the end of 2014, which represent 0.2% of the Arab total for the same period. As for Algeria's investment activity abroad according to the FDI Markets database for the period from January 2003 to May 2015, it was as follows: • The number of Algerian FDI projects abroad amounted to 15 projects that are being implemented by Algerian companies. Estimations reveal that the overall investment cost of those projects, which employ some 3 thousand workers, is close to 1.7 billion dollars. • Yemen, Côte d'Ivoire, Dominican Republic, Tunisia, Spain, Iraq, USA, Sri Lanka and Italy respectively were on the list of the most important countries receiving Algerian investments, in terms of investment cost of the projects. The share of Yemen, Côte d'Ivoire and Dominican Republic accounted for around 75% of the total. • Sonatrach oil company came on top of list of the most important Algerian companies investing abroad, as it is implementing 6 projects with an investment cost estimated at 1.2 billion dollars approximately.
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Algeria: Inward and Outward FDI
39.5 Population (million)
2,381,741 Area (Km2)
998 Coastline (Km)
Petroleum, natural gas,
iron ore, phosphate,
uranium, lead Natural resources
I – Inward Investments In 2014, Algeria succeeded in attracting FDIs worth 1488 million dollars according to UNCTAD estimations, which represent 3.4% of the Arab total for the same year. FDI balances incoming to Algeria amounted to some 26.8 billion dollars by the end of 2014, which represent 3.6% of the Arab total for the same period. As for Algeria's activity in terms of new FDIs (greenfield), the FDI Markets database published by the Financial Times for the period from January 2003 to May 2015 shows the following: • 375 FDI projects are being implemented in Algeria by 306 Arab and foreign companies. It is estimated that the total investment cost of these projects, which employ roughly 93,000 workers is about $ 68 billion. • UAE, Spain, France, Vietnam, Switzerland, Egypt, UK, USA, China and Luxembourg respectively were on the list of the most important countries investing in Algeria, in terms of investment cost of the projects. The share of UAE, Spain and France accounted for around 43% of the total. • Arab and foreign investments incoming to Algeria are concentrated in the coal, oil and gas sector with a percentage of 28.1%, while 21.1% are in the minerals sector and 19.6% in the real estate sector. • Emirates International Investment Company LLC came on top of the list of the 10 most important companies investing in Algeria where it implements a huge project with an investment cost estimated at around 5 billion dollars.
II – Outward Investments The UNCTAD did not detect any outward investment flows from Algeria in 2014. Outward FDI balances from Algeria amounted to some 1.7 billion dollars by the end of 2014, which represent 0.2% of the Arab total for the same period. As for Algeria's investment activity abroad according to the FDI Markets database for the period from January 2003 to May 2015, it was as follows: • The number of Algerian FDI projects abroad amounted to 15 projects that are being implemented by Algerian companies. Estimations reveal that the overall investment cost of those projects, which employ some 3 thousand workers, is close to 1.7 billion dollars. • Yemen, Côte d'Ivoire, Dominican Republic, Tunisia, Spain, Iraq, USA, Sri Lanka and Italy respectively were on the list of the most important countries receiving Algerian investments, in terms of investment cost of the projects. The share of Yemen, Côte d'Ivoire and Dominican Republic accounted for around 75% of the total. • Sonatrach oil company came on top of list of the most important Algerian companies investing abroad, as it is implementing 6 projects with an investment cost estimated at 1.2 billion dollars approximately.
Algeria: FDI Greenfield Projects
Source: Tables and Figures in this page: FDI Intelligence from The Financial Times
Rank Company Projects Jobs CreatedCost
(Million $)
1 Emirates International Investment Company
1 3,000 5,000
2 Vietnam Oil and Gas Corporation (PetroVietnam)
2 1,999 4,743
3 Repsol SA 2 839 3,565
4 Jelmoli Holding AG 5 4,500 3,539
5 Total Co. 3 961 3,465
6 Orascom Group 6 3,541 2,814
7 ArcelorMittal 3 4,349 2,447
8 British Petroleum (BP) 3 485 2,384
9 Grupo Ortiz Construccion y Servicios Del Mediterraneo
4 2,434 2,049
10 China National Petroleum (CNPC) 2 291 1,991
Other Companies 344 70,754 36,043
375 93,153 68,040Total
Top 10 companies investing in Algeria between January 2003 and May 2015
Value (thousand $) % Imports1 China 8,196,530 14.12 France 6,341,839 10.93 Italy 4,983,230 8.54 Spain 4,982,557 8.55 Germany 3,773,765 6.56 United States of America 2,871,843 4.97 Turkey 2,123,293 3.68 Argentina 1,932,587 3.39 Korea, Republic of 1,624,784 2.8
10 United Kingdom 1,419,555 2.420,079,854 33.958,329,837
Others
Total
Rank Exporting CountryAlgeria Imports
Top 10 countries exporting goods to Algeria2014
Value (thousand $) % Exports1 Spain 9,713,355 15.42 Italy 8,368,930 13.33 France 6,744,068 10.74 United Kingdom 5,482,293 8.75 Netherlands 5,079,851 8.16 United States of America 4,690,799 7.57 Turkey 2,904,652 4.68 Brazil 2,709,578 4.39 Belgium 2,155,051 3.4
10 China 1,816,862 2.913,290,719 20.962,956,158Total
Top 10 countries importing goods from Algeria2014
Rank Importing CountryAlgeria Exports
Others
126
Capital: Algiers 2013 2014Currency: Algerian dinar (DZD) Exchange rate (LCU per USD): 79.368 80.572
Basic Information: UnitUSD billion
%
USD
%
%
USD billion
%
USD billion
USD billion
USD billion
Month
%
Million people
%
Foreign direct investment (FDI) UnitFDI Flow
Inward USD millionOutward USD million
FDI StockInward USD millionOutward USD million
Source: UNCTAD
Technological Environment and Differentiation
2,046 1,7331,737
193
23,6072,005
117
25,298
2014
1,488-
26,786
Algeria: Overall Performance and Position in DIAI
534
22,108
2013
2,661
2013208.82.8
5,508.33.3
2014214.14.1
5,531.82.9
36.80.80.4
11.8
39.4-9.3-4.3
-29.4-15.740.065.6
1.637.99.8
38.7
40.4-26.0-13.245.6
2015187.22.6
4,741.54.042.5
2016197.53.9
4,910.44.0
40.211.9
1.139.5
63.868.5187.232.81.5 1.0
Performance in Dhaman Investment Attractiveness Index (DIAI) 2015
Performance in DIAI's Core Components
68.365.7194.035.4
68.1136.424.1
156.628.6
2012
3,052
2011
2,580
10.6
Nominal GDP
Real GDP Growth
GDP per Capita
Inflation (average consumer prices)
General Government Total Expenditure and Net Lending (% of GDP)
Current Account Balance
Current Account Balance (% of GDP)
Exports of Goods and Services
Imports of Goods and Services
Gross Official Reserves
Total reserves in months of imports
Total Gross External Debt (% of GDP)
Population
Unemployment (% of total labor force)Source: International Monetary Fund (IMF)