Algeria Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Algeria is expected to be 1075.33 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Algeria to stand at 1052.61 in 12 months time. In the long-term, the Algeria Crude Oil Production is projected to trend around 1025.53 BBL/D/1K in 2020, according to our econometric models.

Algeria Crude Oil Production
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Crude Oil Production 1085 1075 1066 1059 1053 1026 BBL/D/1K
Algeria Crude Oil Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Algeria Crude Oil Production using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Algeria Crude Oil Production - was last predicted on Tuesday, April 25, 2017.
Algeria Trade Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -1308 -883 -874 -864 -860 -850
Exports 2282 1010 1025 1079 1119 1129
Imports 3521 3011 3100 3178 3214 3192
Current Account -4.89 -5.01 -5.19 -5.37 -5.43 -5.37
Current Account to GDP -15.6 2.14 -10.61 -13.22 -12.45 -10.96
Gold Reserves 174 174 174 174 174 174
Crude Oil Production 1085 1075 1066 1059 1053 1026
Terms Of Trade 5.3 5.03 5.02 5.01 4.99 3.82
Terrorism Index 4.28 4.33 4.38 4.43 4.42 4.4
External Debt 3021 3061 3020 3050 3038 3039
Foreign Direct Investment 0.38 0.59 0.55 0.53 0.54 0.53