THE RELATIONSHIP BETWEEN KEY ECONOMIC FACTORS AND ECONOMIC GROWTH IN ALGERIA (2000-2022)
Keywords:
Crude Oil Exports, Non Crude Oil Exports, Government Spending, Domestic Investment, Foreign Direct Investment, Economic Growth, Algeria.Abstract
This study analyzes the impact of crude oil exports, non crude oil exports, government spending, domestic investment, and foreign direct investment (FDI) on Algeria’s economic growth. Using a quantitative approach, data from 2000 to 2022 are observed to assess the contributions of these factors to GDP. The findings indicate that crude oil exports, non crude oil exports and government spending significantly drive economic growth, while domestic investment and FDI show limited impact due to structural constraints and regulatory challenges. These results highlight the need for economic diversification and improved investment policies to enhance sustainable growth and reduce dependence on hydrocarbons in Algeria.
