Algeria Economy

Located in northern Africa, the Algerian economy which has a population of 37.1 Million (Est 2012) ranks 47th in the world. This is estimated from IMF estimates which indicates that it has a GDP PPP of 263.6 billion and GDP PPP per capita of 7,333 vs 48,387 (United States) according to the IMF in 2011. Its currency is the Algerian dinar (abbreviated DZD in FX) which is issued by its central bank, the Bank Of Algeria or 'Banque d'Algérie'. Inflation estimates in the country are derived from the CIA.gov website indicating its inflation was 4.5% in 2011 and 3.9% in 2010.