Account ownership at a financial institution or with a in Algeria
Algeria: Account ownership at a financial institution or with a was 18.1% in 2024. ▼ Falling
Account ownership at a financial institution or with a in Algeria, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Algeria stood at 18.1%. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 42.1% on the previous year and down 54.9% over ten years.
Over the whole period, account ownership at a financial institution or with a in Algeria peaked at 40.1% in 2014 and was at its lowest, 18.1%, in 2024.
Algeria ranks 104th of 106 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in Algeria, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 20.4% | — |
| 2014 | 40.1% | +96.4% |
| 2017 | 29.3% | -27.0% |
| 2021 | 31.2% | +6.6% |
| 2024 | 18.1% | -42.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.9% | 20.4% | 40.1% | 3 |
| 2020s | 24.6% | 18.1% | 31.2% | 2 |
Countries ranked near Algeria
More financial sector data for Algeria
- Reserve position in the IMF, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 14.63 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.28 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 14.63 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.28 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Algeria?
- Account ownership at a financial institution or with a in Algeria was 18.1% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Algeria?
- The highest recorded value was 40.1% in 2014.
- What is the lowest account ownership at a financial institution or with a recorded in Algeria?
- The lowest recorded value was 18.1% in 2024.
- How does Algeria rank for account ownership at a financial institution or with a?
- Algeria ranks 104th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Algeria?
- Over the last ten years it is down 54.9%. The long-run trend across the full record is falling.
- Where does this Algeria data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (female, % age 15+).