Broad money growth in Algeria
Algeria: Broad money growth was 9.0% in 2024. ◆ Volatile
Broad money growth in Algeria, 1965–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2024, broad money growth in Algeria stood at 9.0%.
Compared with earlier readings it is up 50.8% on the previous year and down 37.4% over ten years.
Over the whole period, broad money growth in Algeria peaked at 54.1% in 2001 and was at its lowest, -0.8%, in 2019.
Algeria ranks 93rd of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Algeria, year by year
| Year | annual % | Change |
|---|---|---|
| 1965 | 10.9% | — |
| 1966 | 9.3% | -14.5% |
| 1967 | 29.9% | +221.1% |
| 1968 | 35.4% | +18.3% |
| 1969 | 14.4% | -59.3% |
| 1970 | 12.5% | -13.0% |
| 1971 | 6.5% | -48.0% |
| 1972 | 30.3% | +365.5% |
| 1973 | 12.3% | -59.5% |
| 1974 | 26.6% | +116.7% |
| 1975 | 31.0% | +16.6% |
| 1976 | 29.2% | -5.7% |
| 1977 | 19.1% | -34.5% |
| 1978 | 29.9% | +55.9% |
| 1979 | 18.1% | -39.3% |
| 1980 | 17.4% | -4.1% |
| 1981 | 16.7% | -3.9% |
| 1982 | 26.3% | +57.7% |
| 1983 | 20.3% | -22.8% |
| 1984 | 17.4% | -14.7% |
| 1985 | 15.0% | -13.7% |
| 1986 | 1.4% | -90.6% |
| 1987 | 13.6% | +864.9% |
| 1988 | 13.6% | -0.0% |
| 1989 | 5.2% | -61.9% |
| 1990 | 11.4% | +120.3% |
| 1991 | 20.8% | +82.2% |
| 1992 | 31.3% | +50.3% |
| 1993 | 7.3% | -76.7% |
| 1994 | 15.7% | +115.2% |
| 1995 | 9.5% | -39.7% |
| 1996 | 14.6% | +54.7% |
| 1997 | 18.3% | +24.7% |
| 1998 | 19.6% | +7.2% |
| 1999 | 13.9% | -28.7% |
| 2000 | 14.1% | +1.3% |
| 2001 | 54.1% | +282.5% |
| 2002 | 18.1% | -66.6% |
| 2003 | 16.3% | -9.7% |
| 2004 | 10.5% | -35.9% |
| 2005 | 11.7% | +11.9% |
| 2006 | 19.6% | +68.0% |
| 2007 | 23.1% | +17.5% |
| 2008 | 16.0% | -30.5% |
| 2009 | 4.8% | -69.8% |
| 2010 | 13.5% | +179.9% |
| 2011 | 19.9% | +46.9% |
| 2012 | 10.9% | -45.1% |
| 2013 | 8.4% | -23.1% |
| 2014 | 14.4% | +71.5% |
| 2015 | 0.3% | -97.9% |
| 2016 | 0.8% | +174.6% |
| 2017 | 8.4% | +927.3% |
| 2018 | 11.1% | +32.5% |
| 2019 | -0.8% | -106.8% |
| 2020 | 7.4% | -1082.9% |
| 2021 | 13.2% | +77.1% |
| 2022 | 14.3% | +8.7% |
| 2023 | 6.0% | -58.2% |
| 2024 | 9.0% | +50.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.0% | 9.3% | 35.4% | 5 |
| 1970s | 21.5% | 6.5% | 31.0% | 10 |
| 1980s | 14.7% | 1.4% | 26.3% | 10 |
| 1990s | 16.2% | 7.3% | 31.3% | 10 |
| 2000s | 18.8% | 4.8% | 54.1% | 10 |
| 2010s | 8.7% | -0.8% | 19.9% | 10 |
| 2020s | 10.0% | 6.0% | 14.3% | 5 |
Countries ranked near Algeria
More financial sector data for Algeria
- Net domestic credit (current LCU), per capita 600,182 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 99.19 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.78 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 195.30 million SDR (2025)
- Gold reserves at market value 17.80 billion SDR (2025)
- Reserves excluding gold, foreign exchange 34.63 billion SDR (2025)
- Reserves excluding gold 38.30 billion SDR (2025)
- Total reserves (gold at market value) 56.10 billion SDR (2025)
- Total reserves (gold at national valuation) 38.30 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 807.43 SDR per person (2025)
Frequently asked questions
- What is broad money growth in Algeria?
- Broad money growth in Algeria was 9.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Algeria?
- The highest recorded value was 54.1% in 2001.
- What is the lowest broad money growth recorded in Algeria?
- The lowest recorded value was -0.8% in 2019.
- How does Algeria rank for broad money growth?
- Algeria ranks 93rd out of 166 countries with data for 2024.
- Is broad money growth rising or falling in Algeria?
- Over the last ten years it is down 37.4%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.