Algeria: GDP increases to 1.5% in the second quarter of 2017
- 12 October 2017 / News / 647 / Emerging Africa
Overall GDP growth in Algeria reached 1.5% in the second quarter of 2017, compared to the same quarter of 2016, the National Statistics Office (NSO) told APS.
The non-hydrocarbon GDP growth rate was 2.1% in the second quarter of 2017 (compared with 3.5% in the same period of 2016), the same source said.
The GDP is a measure of the total output of a country that takes gross domestic product, and divides it by the number of people in the country.