The 2008 CIA World Factbook. United States. Central Intelligence Agency

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The 2008 CIA World Factbook - United States. Central Intelligence Agency


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term under 2008 amendment to constitution); election last held 8 April 2004 (next to be held in April 2009); prime minister appointed by the president election results: Abdelaziz BOUTEFLIKA reelected president for second term; percent of vote - Abdelaziz BOUTEFLIKA 85%, Ali BENFLIS 6.4%, Abdellah DJABALLAH 5%

      Legislative branch:

      bicameral Parliament consists of the National People's Assembly or Al-Majlis Al-Shabi Al-Watani (389 seats; members elected by popular vote to serve five-year terms) and the Council of Nations (Senate) (144 seats; one-third of the members appointed by the president, two-thirds elected by indirect vote; to serve six-year terms; the constitution requires half the council to be renewed every three years) elections: National People's Assembly - last held 17 May 2007 (next to be held in 2012); Council of Nations (Senate) - last held 28 December 2006 (next to be held in 2009) election results: National People's Assembly - percent of vote by party - NA; seats by party - FLN 136, RND 61, MSP 52, PT 26, RCD 19, FNA 13, other 49, independents 33; Council of Nations - percent of vote by party - NA; seats by party - FLN 29, RND 12, MSP 3, RCD 1, independents 3, presidential appointees (unknown affiliation) 24; note - Council seating reflects the number of replaced council members rather than the whole Council

      Judicial branch:

      Supreme Court

      Political parties and leaders:

      Ahd 54 [Ali Fauzi REBAINE]; Algerian National Front or FNA [Moussa

       TOUATI]; Islamic Salvation Front or FIS (outlawed April 1992) [Ali

       BELHADJ, Dr. Abassi MADANI, Rabeh KEBIR]; National Democratic Rally

       (Rassemblement National Democratique) or RND [Ahmed OUYAHIA];

       National Entente Movement or MEN [Ali BOUKHAZNA]; National

       Liberation Front or FLN [Abdelaziz BELKHADEM, secretary general];

       National Reform Movement or Islah (formerly MRN) [Mohamed BOULAHIA];

       National Renewal Party or PRA [Mohamed BENSMAIL]; Rally for Culture

       and Democracy or RCD [Said SADI]; Renaissance Movement or EnNahda

       Movement [Fatah RABEI]; Socialist Forces Front or FFS [Hocine Ait

       AHMED]; Social Liberal Party or PSL [Ahmed KHELIL]; Society of Peace

       Movement or MSP [Boudjerra SOLTANI]; Workers Party or PT [Louisa

       HANOUNE]

       note: a law banning political parties based on religion was enacted

       in March 1997

      Political pressure groups and leaders:

      The Algerian Human Rights League or LADDH [Hocine ZEHOUANE]; SOS

       Disparus [Nacera DUTOUR]; Somoud [Ali MERABET]

      International organization participation:

      ABEDA, AfDB, AFESD, AMF, AMU, AU, BIS, FAO, G-15, G-24, G-77, IAEA,

       IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IDB, IFAD, IFC, IFRCS,

       IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU,

       ITUC, LAS, MIGA, MONUC, NAM, OAPEC, OAS (observer), OIC, OPCW, OPEC,

       OSCE (partner), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNITAR, UNWTO,

       UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)

      Diplomatic representation in the US:

      chief of mission: Ambassador Abdallah BAALI chancery: 2118 Kalorama Road NW, Washington, DC 20008 telephone: [1] (202) 265–2800 FAX: [1] (202) 667–2174

      Diplomatic representation from the US:

      chief of mission: Ambassador David D. PEARCE embassy: 05 Chemin Cheikh Bachir, El-Ibrahimi, El-Biar 16000 Algiers mailing address: B. P. 408, Alger-Gare, 16030 Algiers telephone: [213] 770–08-2000 FAX: [213] 21–60-7355

      Flag description:

      two equal vertical bands of green (hoist side) and white; a red, five-pointed star within a red crescent centered over the two-color boundary note: the crescent, star, and color green are traditional symbols of Islam (the state religion)

      Economy

       Algeria

      Economy - overview:

      The hydrocarbons sector is the backbone of the economy, accounting for roughly 60% of budget revenues, 30% of GDP, and over 95% of export earnings. Algeria has the eighth-largest reserves of natural gas in the world and is the fourth-largest gas exporter; it ranks 14th in oil reserves. Sustained high oil prices in recent years have helped improve Algeria's financial and macroeconomic indicators. Algeria is running substantial trade surpluses and building up record foreign exchange reserves. Algeria has decreased its external debt to less than 10% of GDP after repaying its Paris Club and London Club debt in 2006. Real GDP has risen due to higher oil output and increased government spending. The government's continued efforts to diversify the economy by attracting foreign and domestic investment outside the energy sector, however, has had little success in reducing high unemployment and improving living standards. Structural reform within the economy, such as development of the banking sector and the construction of infrastructure, moves ahead slowly hampered by corruption and bureaucratic resistance.

      GDP (purchasing power parity):

      $222.3 billion (2007 est.)

      GDP (official exchange rate):

      $131.6 billion (2007 est.)

      GDP - real growth rate:

      4.5% (2007 est.)

      GDP - per capita (PPP):

      $6,700 (2007 est.)

      GDP - composition by sector:

      agriculture: 8.2% industry: 61.5% services: 30.3% (2007 est.)

      Labor force:

      9.38 million (2007 est.)

      Labor force - by occupation:

      agriculture 14%, industry 13.4%, construction and public works 10%, trade 14.6%, government 32%, other 16% (2003 est.)

      Unemployment rate:

      11.8% (2007 est.)

      Population below poverty line:

      25% (2005 est.)

      Household income or consumption by percentage share:

      lowest 10%: 2.8% highest 10%: 26.8% (1995)

      Distribution of family income - Gini index:

      35.3 (1995)

      Investment (gross fixed):

      24.5% of GDP (2007 est.)

      Budget:

      revenues: $57.03 billion expenditures: $40.53 billion (2007 est.)

      Fiscal year:

      calendar year

      Public debt:

      18% of GDP (2007 est.)

      Inflation rate (consumer prices):

      3.5% (2007 est.)

      Central bank discount rate:

      4% (31 December 2007)

      Commercial bank prime lending rate:

      8% (31 December 2007)

      Stock of money:

      $55.43 billion (31 December 2007)

      Stock of quasi money:

      $28.59 billion (31 December 2007)

      Stock of domestic credit:

      NA

      Agriculture - products:

      wheat,


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