Agriculture
From The Report: Algeria 2013
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Although Algeria has historically relied heavily on food imports to meet domestic demand, the agriculture sector has seen considerable growth since the 2008 introduction of the Agricultural and Rural Renewal Policy. Under the policy, production has grown by an average of 13.8% per year, with total output reaching $29.3bn in 2012. Despite this growth, however, food imports still accounted for 19% of all imports in 2012, worth a total value of $8.98bn (although this was an 8.8% decline from the previous year). With the goal of producing 70% of the country’s food by 2014, the government has implemented a number of incentives to boost investment in the sector, modernise practices and boost agribusiness output.