As of 2020, the government of Algeria subsidized around 5.8 billion U.S. dollars of oil, representing the leading type of subsidized resource. Electricity and gas followed, with approximately 1.4 billion and 1.2 billion U.S. dollars, respectively. As Algeria's economy is heavily reliant on the hydrocarbon industry, the country subsidizes energy and lowers prices for local consumers.
Value of government subsidies in the energy sector in Algeria as of 2020, by type
(in billion U.S. dollars)
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IEA. (January 25, 2023). Value of government subsidies in the energy sector in Algeria as of 2020, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/
IEA. "Value of government subsidies in the energy sector in Algeria as of 2020, by type (in billion U.S. dollars)." Chart. January 25, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/
IEA. (2023). Value of government subsidies in the energy sector in Algeria as of 2020, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/
IEA. "Value of Government Subsidies in The Energy Sector in Algeria as of 2020, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Jan 2023, https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/
IEA, Value of government subsidies in the energy sector in Algeria as of 2020, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/ (last visited November 21, 2024)
Value of government subsidies in the energy sector in Algeria as of 2020, by type (in billion U.S. dollars) [Graph], IEA, January 25, 2023. [Online]. Available: https://www.statista.com/statistics/1230714/energy-subsidies-in-algeria-by-type/
