Dynamics of oil price fluctuations and their impact on the Algerian Economy (2009-2022)

Authors

  • Sotehi Djaber Emir Abdelkader University of Islamic Sciences, Constantine, Algeria
  • Barani Abdennasser Emir Abdelkader University of Islamic Sciences, Constantine, Algeria
  • Semira Hassiba Emir Abdelkader University of Islamic Sciences, Constantine, Algeria

Keywords:

Oil prices, Gross Domestic Product, Public Revenues, Public Expenditures, Balance of Payments

Abstract

The objective of this research is to analyze the impact of the oil price fluctuation on Algerian economy during the period 2005-2017, knowing that the oil prices have been characterized by frequent changes, to do so, we have used the descriptive analytical approach, the results indicate that oil prices have a strong impact on: revenues ,public expenditures, Gross Domestic Product GDP, balance of payments and Algeria's foreign currency reserves, so that, Algeria is still dependent on hydrocarbons sector, despite the policies and procedures applied by the government during the last three years (2015-2017) aiming to reduce this dependence and diversify the Algerian economy.

References

Bin Ramadhan, Anissa. "The Energy Sector in Algeria between the Inevitability of Oil Depletion and the Use of Alternative Energies," Algerian Journal of Comparative Law, Issue 02.

Hasiba Shtahenah, Nadhir Ghania. "The Impact of Crude Oil Price Fluctuations on Energy Use in Algeria: A Standardized Study for the Period 1980-2018."

International Monetary Fund (IMF). https://www.imf.org/external/arabic/index.htm

Arab Monetary Fund. Unified Arab Economic Report, 2010.

Arab Monetary Fund. Unified Arab Economic Report, 2012.

Arab Monetary Fund. Unified Arab Economic Report, 2015.

Arab Monetary Fund. Unified Arab Economic Report, 2023.

Arab Monetary Fund. Unified Arab Economic Report, 2024.

Attar, Abdel Majeed. "The Decline in Oil Prices and Their Impacts on the Algerian Economy: Consequences of the Drop in Oil Prices on Exporting Countries," Arab Center for Research and Policy Studies, Doha, 2016.

Sonatrach Magazine, Issue 12, 2010, p. 13.

Mezian Mimmas. "Challenges of the Hydrocarbon Economy in Algeria and Ways to Change," Algerian Journal of Political Science and International Relations, Issue 13, December 2019.

Organization of Arab Petroleum Exporting Countries (OAPEC). http://oapecorg.org/ar/Home

Organization of Arab Petroleum Exporting Countries. Annual Statistical Reports.

Organization of Arab Petroleum Exporting Countries. Annual Statistical Reports.

Organization of Arab Petroleum Exporting Countries. "Energy Support Policies in Member Countries and Their Impact on National Economies," April 2015.

10th Arab Energy Conference 2014 - Abu Dhabi: Energy and Arab Cooperation, Country Paper of the People's Democratic Republic of Algeria.

https://attaqa.net/2025/01/23/

https://attaqa.net/2025/01/13

Published

2025-05-21

How to Cite

Djaber, S., Abdennasser, B., & Hassiba, S. (2025). Dynamics of oil price fluctuations and their impact on the Algerian Economy (2009-2022). International Journal of Economic Perspectives, 19(5), 2257–2270. Retrieved from http://ijeponline.org/index.php/journal/article/view/1048

Issue

Vol. 19 No. 5 (2025)

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2025 Sotehi Djaber, Barani Abdennasser, Semira Hassiba

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Allows users to: distribute and copy the article; create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation); include in a collective work (such as an anthology); and text or data mine the article. These uses are permitted even for commercial purposes, provided the user: gives appropriate credit to the author(s) (with a link to the formal publication through the relevant URL ID); includes a link to the license; indicates if changes were made; and does not represent the author(s) as endorsing the adaptation of the article or modify the article in such a way as to damage the authors' honor or reputation. CC BY