Algiers, Algeria
Algeria’s economy depends greatly on its hydrocarbon revenue. The country has the 10th largest reserves of natural gas on the planet. The oil sector accounts for 30 percent of GDP and 95 percent of earnings through export. These exports help Algeria keep external debt low and maintain a healthy economy. Recently, the decline of oil prices has forced the government to cut funding of public subsidies and provoked an increase in taxes on some imported goods.
The city of Algiers is a beautiful place but it is also a city with very high threats of terrorism, making it one of the least places in Africa to live in.
