Private credit by deposit money banks and other financial in Algeria
Algeria: Private credit by deposit money banks and other financial was 25.3% in 2021. ◆ Volatile
Private credit by deposit money banks and other financial in Algeria, 1964–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Algeria recorded 25.3% for private credit by deposit money banks and other financial in 2021.
The figure is down 16.0% on the previous year and up 81.5% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Algeria peaked at 70.0% in 1986 and was at its lowest, 3.9%, in 1997.
That places Algeria 135th out of 187 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Algeria, year by year
| Year | % | Change |
|---|---|---|
| 1964 | 7.7% | — |
| 1965 | 7.0% | -9.7% |
| 1966 | 6.1% | -11.7% |
| 1967 | 8.8% | +43.5% |
| 1968 | 13.7% | +55.4% |
| 1969 | 19.6% | +43.1% |
| 1970 | 17.8% | -9.1% |
| 1971 | 22.9% | +28.4% |
| 1972 | 33.7% | +47.3% |
| 1973 | 34.7% | +3.0% |
| 1974 | 45.1% | +29.8% |
| 1975 | 49.8% | +10.5% |
| 1976 | 54.2% | +8.7% |
| 1977 | 49.4% | -8.9% |
| 1978 | 53.3% | +8.1% |
| 1979 | 51.7% | -3.1% |
| 1980 | 48.3% | -6.5% |
| 1981 | 52.4% | +8.4% |
| 1982 | 62.0% | +18.4% |
| 1983 | 64.9% | +4.7% |
| 1984 | 67.3% | +3.7% |
| 1985 | 68.6% | +2.0% |
| 1986 | 70.0% | +1.9% |
| 1987 | 69.9% | -0.1% |
| 1988 | 68.5% | -2.0% |
| 1989 | 63.4% | -7.5% |
| 1990 | 56.3% | -11.2% |
| 1991 | 45.3% | -19.4% |
| 1992 | 7.1% | -84.4% |
| 1993 | 6.5% | -8.3% |
| 1994 | 6.5% | +0.3% |
| 1995 | 5.2% | -20.7% |
| 1996 | 5.4% | +3.9% |
| 1997 | 3.9% | -27.2% |
| 1998 | 4.6% | +16.6% |
| 1999 | 5.4% | +17.6% |
| 2000 | 5.9% | +11.1% |
| 2001 | 8.0% | +34.9% |
| 2002 | 12.3% | +52.8% |
| 2003 | 11.4% | -7.4% |
| 2004 | 11.1% | -2.3% |
| 2005 | 11.9% | +7.6% |
| 2006 | 12.3% | +3.5% |
| 2007 | 13.4% | +8.2% |
| 2008 | 13.1% | -1.7% |
| 2009 | 16.6% | +26.3% |
| 2010 | 15.6% | -5.9% |
| 2011 | 13.9% | -10.8% |
| 2012 | 14.2% | +2.0% |
| 2013 | 16.7% | +17.7% |
| 2014 | 18.5% | +10.9% |
| 2015 | 22.0% | +18.8% |
| 2016 | 23.2% | +5.3% |
| 2017 | 24.7% | +6.7% |
| 2018 | 25.2% | +2.0% |
| 2019 | 26.2% | +3.7% |
| 2020 | 30.1% | +14.9% |
| 2021 | 25.3% | -16.0% |
Algeria compared with similar countries
- Algeria's 25.3% is below the median for upper middle income countries, which is 50.2%, 50% of the median. (55 countries reporting)
- Algeria's 25.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 39% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.5% | 6.1% | 19.6% | 6 |
| 1970s | 41.3% | 17.8% | 54.2% | 10 |
| 1980s | 63.5% | 48.3% | 70.0% | 10 |
| 1990s | 14.6% | 3.9% | 56.3% | 10 |
| 2000s | 11.6% | 5.9% | 16.6% | 10 |
| 2010s | 20.0% | 13.9% | 26.2% | 10 |
| 2020s | 27.7% | 25.3% | 30.1% | 2 |
Countries ranked near Algeria
- 132 Myanmar 27.2% compare
- 133 Kazakhstan 26.8% compare
- 134 Togo 26.6% compare
- 136 Rwanda 25.2% compare
- 137 Azerbaijan 22.9% compare
- 138 Mozambique 22.6% compare
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 private credit by deposit money banks and other financial in Algeria?
- Private credit by deposit money banks and other financial in Algeria was 25.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Algeria?
- The highest recorded value was 70.0% in 1986.
- What is the lowest private credit by deposit money banks and other financial recorded in Algeria?
- The lowest recorded value was 3.9% in 1997.
- How does Algeria rank for private credit by deposit money banks and other financial?
- Algeria ranks 135th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Algeria?
- Over the last ten years it is up 81.5%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); 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)