Account ownership at a financial institution or with a in Algeria
Algeria: Account ownership at a financial institution or with a was 51.9% in 2024. ▬ Flat
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
Algeria recorded 51.9% for account ownership at a financial institution or with a in 2024.
Compared with earlier readings it is down 8.7% on the previous year and down 14.9% over ten years.
Over the whole period, account ownership at a financial institution or with a in Algeria peaked at 60.9% in 2014 and was at its lowest, 46.1%, in 2011.
Algeria ranks 96th 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 | 46.1% | — |
| 2014 | 60.9% | +32.0% |
| 2017 | 56.3% | -7.6% |
| 2021 | 56.8% | +1.0% |
| 2024 | 51.9% | -8.7% |
Algeria compared with similar countries
- Algeria's 51.9% is below the median for upper middle income countries, which is 72.4%, 72% of the median. (37 countries reporting)
- Algeria's 51.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 53.9%, 96% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 54.4% | 46.1% | 60.9% | 3 |
| 2020s | 54.3% | 51.9% | 56.8% | 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 51.9% 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 60.9% in 2014.
- What is the lowest account ownership at a financial institution or with a recorded in Algeria?
- The lowest recorded value was 46.1% in 2011.
- How does Algeria rank for account ownership at a financial institution or with a?
- Algeria ranks 96th 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 14.9%. The long-run trend across the full record is flat.
- 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, male (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (male, % age 15+).