Financial system deposits to GDP in Algeria
Algeria: Financial system deposits to GDP was 51.5% in 2021. ▲ Rising
Financial system deposits to GDP in Algeria, 1964–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Algeria recorded 51.5% for financial system deposits to gdp in 2021.
Compared with earlier readings it is down 4.5% on the previous year and up 19.6% over ten years.
Over the whole period, financial system deposits to gdp in Algeria peaked at 58.2% in 1988 and was at its lowest, 8.5%, in 1964.
That places Algeria 104th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 58 years of available data.
Financial system deposits to GDP in Algeria, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 8.5% | — |
| 1965 | 9.0% | +6.6% |
| 1966 | 11.0% | +21.3% |
| 1967 | 15.7% | +43.7% |
| 1968 | 21.1% | +34.0% |
| 1969 | 22.0% | +4.2% |
| 1970 | 20.9% | -4.9% |
| 1971 | 21.1% | +1.1% |
| 1972 | 25.5% | +20.8% |
| 1973 | 23.4% | -8.5% |
| 1974 | 26.5% | +13.5% |
| 1975 | 30.5% | +15.0% |
| 1976 | 35.1% | +15.0% |
| 1977 | 35.0% | -0.1% |
| 1978 | 36.9% | +5.4% |
| 1979 | 34.0% | -7.9% |
| 1980 | 32.6% | -4.2% |
| 1981 | 33.1% | +1.7% |
| 1982 | 43.7% | +32.1% |
| 1983 | 46.7% | +6.8% |
| 1984 | 49.8% | +6.7% |
| 1985 | 52.1% | +4.5% |
| 1986 | 50.2% | -3.7% |
| 1987 | 56.2% | +12.1% |
| 1988 | 58.2% | +3.6% |
| 1989 | 51.7% | -11.2% |
| 1990 | 43.9% | -15.0% |
| 1991 | 33.5% | -23.8% |
| 1992 | 27.3% | -18.6% |
| 1993 | 32.6% | +19.6% |
| 1994 | 29.9% | -8.4% |
| 1995 | 24.5% | -17.9% |
| 1996 | 21.8% | -11.1% |
| 1997 | 23.9% | +9.7% |
| 1998 | 28.6% | +19.5% |
| 1999 | 28.7% | +0.3% |
| 2000 | 26.1% | -8.8% |
| 2001 | 40.6% | +55.3% |
| 2002 | 45.4% | +11.8% |
| 2003 | 45.2% | -0.4% |
| 2004 | 42.4% | -6.3% |
| 2005 | 37.8% | -10.9% |
| 2006 | 41.0% | +8.4% |
| 2007 | 46.2% | +12.8% |
| 2008 | 44.7% | -3.2% |
| 2009 | 48.7% | +8.8% |
| 2010 | 45.0% | -7.5% |
| 2011 | 43.1% | -4.3% |
| 2012 | 41.3% | -4.2% |
| 2013 | 43.4% | +5.2% |
| 2014 | 49.4% | +13.9% |
| 2015 | 49.9% | +0.9% |
| 2016 | 46.5% | -6.8% |
| 2017 | 48.8% | +4.9% |
| 2018 | 49.6% | +1.7% |
| 2019 | 48.0% | -3.2% |
| 2020 | 53.9% | +12.3% |
| 2021 | 51.5% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.5% | 8.5% | 22.0% | 6 |
| 1970s | 28.9% | 20.9% | 36.9% | 10 |
| 1980s | 47.4% | 32.6% | 58.2% | 10 |
| 1990s | 29.5% | 21.8% | 43.9% | 10 |
| 2000s | 41.8% | 26.1% | 48.7% | 10 |
| 2010s | 46.5% | 41.3% | 49.9% | 10 |
| 2020s | 52.7% | 51.5% | 53.9% | 2 |
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 financial system deposits to gdp in Algeria?
- Financial system deposits to gdp in Algeria was 51.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Algeria?
- The highest recorded value was 58.2% in 1988.
- What is the lowest financial system deposits to gdp recorded in Algeria?
- The lowest recorded value was 8.5% in 1964.
- How does Algeria rank for financial system deposits to gdp?
- Algeria ranks 104th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Algeria?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is rising.
- Where does this Algeria data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).