November 20, 2024 | 1 month ago

Public VS private sector: ONS survey on business activity in Algeria

The ONS (Office National des Statistiques (National Statistics Office)) recently conducted an opinion poll of business leaders in Algeria's commercial sector, revealing marked contrasts between some areas' activity increases, and persistent constraints in others.

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ONS analysis of Algeria's trade for Q2 2024

This analysis from the Office for National Statistics (ONS) provides key insights into Algeria's trade and economic performance:

Trade: Trends and Challenges

    Supply chains: Most traders source from both the public and private sectors. Over 20% prefer the private sector, citing product quality and satisfactory packaging.


    Challenges identified:
       -Long delays in the supply chain.
       -Complex administrative procedures leading to stock-outs.
    Treasury: Over 20% of retailers and 25% of wholesalers report stable finances.

Sectoral economic performance

    Agriculture and Fishing:
Significant recovery at +9.4% (compared to 2.8% in 2023).
    Manufacturing Industries: Growth of +4.3% (compared to 1% last year).
    Extractive industries: Slower growth of 2.7% (compared with 8% in 2023).
    Electricity & Gas: Strong growth of +8.2% (compared to 1.7% in 2023).
    Construction: Decline of -0.5%.

Services: Mixed growth across sub-sectors

    Hotels and restaurants: +9.5% (compared to 34.2% in 2023).
    Transport and communication: +4.8% (compared to 3.1%).
    Trade and repair: +6.0% (compared to 5.9%).
    Health and social work: +2.8% (compared to 2.1%).

Conclusion and outlook

While economic stability remains fragile, the outlook for the next quarter is optimistic. Key sectors such as agriculture and energy continue to drive growth.

November 20, 2024 | algeria-logo