Algeria is rich in oil and natural gas and its economy is dominated by the hydrocarbons. From 2000 – 2005 the average share of hydrocarbon fiscal revenues in total fiscal revenue was 71% , equivalent to 26% of the GDP and hydrocarbon accounted for 97% of export proceeds . In 2007, Algeria was the 6th in the world’s top natural gas producing countries and 4th largest crude oil producing country in Africa. Algeria joined OPEC in 1969.
Sources: IMF, CIA World Factbook
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