Algerian small, medium-sized enterprises keep steady
The vital sector of small and medium-sized enterprises and handicraft in Algeria recorded in 2008, a growth rate of 9.91% (9.53% in 2007).
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This represents an overall number of 376 .767 entities, against 342. 788 for the previous year.
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This steady evolution was translated into the creation of 94. 851 new jobs that is a growth of 8.19%.
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The good showing of this vital sector of activity is being confirmed through the 30. 000 newly-declared economic entities whose goal is to beef up the fabric of these profit-yielding enterprises.
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Contrary to the buoyant private sector, the public sector is markedly losing ground due to several factors linked to the unbridled liberalisation of the country’s economy.
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The number of public small and medium-sized enterprises plummeted to 15.45% by the end of 2006 reaching only 739 operational entities.
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For its part, the sector of handicrafts is picking up with 106. 222 related trading activities recorded so far across Algeria, 105. 365 of them are individual craftsmen.
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