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African Development Bank Raises Economic Growth Forecasts for Algeria

May 28, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
African Development Bank Raises Economic Growth Forecasts for Algeria

The African Development Bank expects a real GDP growth of 4.1 percent for Algeria, which significantly exceeds previous forecasts (3.4 percent) and is projected to be 4.2 percent by 2027, according to the group's 2026 report on 'Economic Outlook in Africa.' The report, presented in Brazzaville during the annual meetings of the African financial institution, indicated that the Algerian economy is expected to continue its growth momentum, particularly supported by public investments and the development of non-hydrocarbon sectors.

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