Monday 24 February 2025 
In its quest to meet the challenge of economic security and sovereignty, Algeria has not ceased to work, since its independence, to establish economic diversification and consolidate its non-hydrocarbon export capacities.
From the historic decisions of nationalization, undertaken after independence, in order to recover its wealth, to the sustained efforts of industrialization and development of various other sectors, to the great performance of the agricultural sector: considerable progress has been made in 60 year.
Constantly supported by public policies commensurate with the targeted objectives, in particular with the implementation of the program of economic recovery and renewal, initiated by the President of the Republic, Mr. Abdelmadjid Tebboune, the approach of economic diversification and strengthening of non-hydrocarbon export capacities is increasingly perceptible on the ground.
This is how the agricultural sector, which in 2021 managed to achieve a production of nearly 3,500 billion DA, or more than 14% of the national GDP, provides in 2022, more than 73% of the needs of the local market.
It is also thus that, for the first time in the history of Algeria, economic growth reached, during the 3rd quarter of 2021, a rate of more than 6%, which non-hydrocarbon exports exceeded, l last year, a historic threshold of 5 billion dollars and that hydrocarbon exports have increased significantly, by 60% in value and 12% in volume.
An economic model based on the production of wealth
From an economic model based on income, Algeria has moved, within the framework of the government’s action plan, which enshrines the program of the President of the Republic, towards the establishment of a diversified economic model based on the production of wealth and meeting the requirements of the accelerated changes that the world is experiencing as well as the socio-economic situation of the country.
In this wake, the national production of cereals went crescendo thanks to the increase in the agricultural area dedicated to this strategic sector, currently reaching 3.3 million hectares, the improvement of agricultural yields and the generalization of irrigation in addition to the development of the Saharan culture.
Oilseeds, rapeseed and soybeans have been included in the list of strategic sectors and efforts are being made to achieve the objective of covering 25% of national needs in rapeseed oil and 33% in corn, by 2024.
The goal is to aspire “to cover 80% of national needs in terms of agricultural production in 2023”, affirmed, last August, the Prime Minister, Mr. Aïmene Benabderrahmane, on the sidelines of the inauguration ceremony of the National Bank. seeds.
In the industry sector, sustained efforts are being made with the aim of contributing 15% to GDP. “This challenge is within our reach today and we are determined to take up it through concrete and effective steps”, assured President Tebboune, last December, at the National Conference on Industrial Recovery.
With this in mind, work was launched last July on the Gara Djebilet iron mine, considered one of the largest iron mines in the world, to consolidate this strategic vision and enlightened to build an economic model based on diversification.
On the road to economic diversification, the efforts made have made it possible, over the years, to meet the challenges of founding a sector with industrial groups and a network of companies in various sectors, competitive internationally and concentrated on strengthening the knowledge and innovation economy and accelerating the digital transition and the development of start-ups.
The hydrocarbons sector, the driving force behind the development of the national economy and one of the powerful levers of national sovereignty, supports the efforts made and continues to assume its role as a producer and exporter of natural gas and oil in the world.
Economic diversification and the strengthening of non-hydrocarbon export capacities also required the introduction of a series of measures and a legal arsenal aimed at achieving the expected economic revival.