A fluid dispenser comprising: a fluid reservoir (10) of variable working volume, in which reservoir the fluid is protected from the air, the reservoir being provided with an actuator wall (25) that is axially movable down and up between a rest position and a depressed position, the movement of the wall causing the pressure in the reservoir to vary, the wall being situated at an end of the dispenser; and a dispenser orifice (150) via which the fluid is dispensed, the orifice being provided with an outlet valve (4); the dispenser being characterized in that the orifice (150) is situated at an end of the dispenser other than the end at which the actuator wall (25) is situated.