Algeria Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Algeria is expected to be 1101.91 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 1080.75 in 12 months time. In the long-term, the Algeria Crude Oil Production is projected to trend around 1056.40 BBL/D/1K in 2020, according to our econometric models.

Algeria Crude Oil Production
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Crude Oil Production 1091 1102 1093 1086 1081 1056 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 Thursday, March 30, 2017.
Algeria Trade Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -1308 -907 -883 -874 -864 -850
Exports 2866 4692 4630 4603 4600 4614
Imports 4174 4864 4821 4816 4827 4843
Current Account -6.77 -0.25 -0.04 0.34 0.86 6.23
Current Account to GDP 0.3 2.14 2.14 2.59 2.83 2.43
Gold Reserves 174 174 174 174 174 174
Crude Oil Production 1091 1102 1093 1086 1081 1056
Terms Of Trade 5.3 5.04 5.03 5.02 5.01 3.82
Terrorism Index 4.28 4.27 4.33 4.38 4.43 4.4
External Debt 3021 3018 3061 3020 3050 3039
Foreign Direct Investment 0.38 0.56 0.59 0.55 0.53 0.53