Financial Development Index in Algeria
Algeria: Financial Development Index was 0.1373 in 2020. β² Rising
Financial Development Index in Algeria, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Algeria is 0.1373, measured in 2020.
Compared with earlier readings it is up 3.4% on the previous year and up 8.3% over ten years.
Over the whole period, financial development index in Algeria peaked at 0.1389 in 1988 and was at its lowest, 0.0906, in 1980.
Algeria ranks 140th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1151 | 0.0906 | 0.1389 | 10 |
| 1990s | 0.1213 | 0.1157 | 0.1338 | 10 |
| 2000s | 0.1191 | 0.1102 | 0.1288 | 10 |
| 2010s | 0.1288 | 0.1243 | 0.1353 | 10 |
| 2020s | 0.1373 | 0.1373 | 0.1373 | 1 |
Countries ranked near Algeria
- 137 Lesotho, Kingdom of 0.143 compare
- 138 CΓ΄te d'Ivoire 0.1417 compare
- 139 Kyrgyz Republic 0.1374 compare
- 141 Djibouti 0.1341 compare
- 142 Nicaragua 0.1315 compare
- 143 Ecuador 0.1305 compare
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)
- Domestic credit to private sector by banks 19.6% (2025)
Frequently asked questions
- What is financial development index in Algeria?
- Financial development index in Algeria was 0.1373 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Algeria?
- The highest recorded value was 0.1389 in 1988.
- What is the lowest financial development index recorded in Algeria?
- The lowest recorded value was 0.0906 in 1980.
- How does Algeria rank for financial development index?
- Algeria ranks 140th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Algeria?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Algeria data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.