Comment

Comment by adventured

Algeria was not a very rich country before the drop in oil prices, even though they had certainly climbed a long ways during the ten year oil boom.

Their GDP per capita is around #100 in the world. It ranks below Jamaica, Serbia, Fiji, Namibia, Angola, Iraq, etc.

Their total GDP, pre oil drop, ranked them around #50 in the world, but they're #34 in population.

Before the oil drop they were a lower middle nation in terms of wealth, nowhere near rich.

parent adventured 11 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton