“Algeria the 3rd World Power” A Lie or President Tebboune’s Delusion
Charging ahead without encountering any opposition, President Tebboune, who is running for a second term, has lost all restraint. His statement claiming that Algeria is the 3rd economic power in the world has divided public opinion between outrage and laughter.
By Hichem ABOUD
“He should be committed,” “He has crossed all boundaries,” “Algerians are ashamed to have him as president,” “The military that imposes him on Algeria through fraud and repression are worse than him,” “Is he in full possession of his mental faculties?” … these are some of the reactions recorded on social media following the explosive statement by the candidate-president. We have seen and heard everything from Tebboune. But no one expected such nonsense. Yes, it is a huge stupidity that no sane person in full possession of their mental faculties would dare to utter.
For the first time, an alumnus of the National School of Administration is at the helm of the Algerian state, and it rains absurdities, enormities, and extravagances that make Algeria the laughingstock of the world.
To claim that Algeria has become the 3rd economic power in the world in five years of presidential mandate is to mock oneself. Tebboune himself would be unable to believe the nonsense he spouted in making this declaration. For his information and the information of his cronies who applaud this kind of drivel with enthusiasm, we reproduce below the ranking of the 20 largest economies in the world.
Algeria, whose population suffers from thirst and stands in long lines to obtain a one-liter bag of milk or a bag of semolina, and whose minimum wage is 90 euros, far behind those of Morocco, Tunisia, and Mauritania, does not even figure in the top 100 economic powers.
Just for this ludicrous declaration, Tebboune is disqualified for a second presidential term. Only for the honor of Algeria.
The ranking of the world’s ten largest economic powers in 2024 based on their GDP was published by the specialized site Forbes. According to this ranking, the United States remains the richest country in the world, ahead of China and Germany, which complete the podium.
Gross Domestic Product (GDP) is an indicator that allows the evaluation of a country’s economic power. It quantifies the total value of the “wealth production” performed annually by the economic agents residing within a territory. It is often divided by the population of the given territory to obtain GDP per capita, which changes the ranking order.
10- Canada
The Canadian economy relies heavily on its abundant natural resources, including oil, gas, minerals, and timber. Additionally, the country can count on a thriving service sector, a well-established manufacturing industry, and a strong desire to encourage innovation and technological advances. Canada’s GDP growth rate is 1.2%.
09- Brazil
The Brazilian economy features a wide range of sectors, encompassing agriculture, mining, manufacturing, and services. It is notably a leading global center for the production and export of agricultural products. Several factors, including commodity prices, domestic consumption, and infrastructure improvements, determine Brazil’s economic growth. Brazil’s GDP growth rate is 2.2%.
08- Italy
The third-largest economy in the European Union and the eighth in the world, Italy can boast of having a highly developed market. The country is known for its influential commercial sector, tourism, and competitive agricultural industry. Italy’s GDP growth rate is 0.7%.
07- France
France ranks 7th in the world economic power rankings with an estimated GDP of $2.920 trillion in 2023. The French economy is characterized by its diversification, focusing on industries such as aerospace, tourism, luxury goods, and agriculture. France is renowned for its robust social protection system, developed infrastructure, and investments in research and development. France’s annual GDP growth rate is 0.7%.
06- United Kingdom
The UK’s economy, ranked 6th in the list, is composed of a mix of services, manufacturing, finance, and creative sectors, greatly helped by its capital, London, which is a huge global financial center attracting foreign investment. Its trade alliances and globalization also shape the UK’s economic expansion. The UK’s annual GDP growth rate is 0.5%.
05- India
India ranks fifth among the world’s largest economic powers in 2024. The Indian economy is characterized by its diversity and rapid growth, driven by key sectors such as information technology, services, agriculture, and manufacturing. The country benefits from its large domestic market, a young and technologically skilled workforce, and a growing middle class. India’s annual GDP growth rate is 6.8%.
04- Japan
The Japanese economy is distinguished by its advanced technology, manufacturing industry, and services. The most important sectors are automotive, electronics, and finance. Furthermore, Japan is known for its unwavering work ethic, pioneering technological advances, and exceptional quality exports. Japan’s annual GDP growth rate is 0.9%.
03- Germany
The German economy is heavily export-oriented and benefits from strong sectors in engineering, automotive, chemicals, and pharmaceuticals. It draws its strength from a skilled workforce, robust research and development initiatives, and a pronounced commitment to innovation. Germany’s annual GDP growth rate is 0.2%.
02- China
China has seen remarkable economic growth, rising from fourth place in the ranking in 1960 to second place in 2023. The Chinese economy is primarily based on manufacturing, exports, and investments. It has a large workforce, strong government support, increasingly quality infrastructure, and a growing consumer market. China’s annual GDP growth rate is 4.6%.
01- United States
The United States maintains its status as the world’s largest economic power and the richest country, firmly holding its top position from 1960 to 2023. Its economy is highly diversified, driven by major sectors such as services, manufacturing, finance, and technology. The United States benefits from a large consumer market, encourages innovation and entrepreneurship, has solid infrastructure, and enjoys favorable business conditions. The US annual GDP growth rate is 2.7%.
Behind these ten countries, in order, are: Russia, Mexico, Australia, South Korea, Spain, Indonesia, the Netherlands, Turkey, Saudi Arabia, and Switzerland.
