Share of adults with an account at a financial institution in Algeria

Algeria: Share of adults with an account at a financial institution was 35.3% in 2024. ▬ Flat

Latest (2024)
35.3%
Change on year
down 20.0%
World rank
107th
of 115 countries
All-time high
50.5%
in 2014
All-time low
33.3%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Algeria, 2011–2024

02040602011201720242011: 33.3 % age 15+2014: 50.5 % age 15+2017: 42.8 % age 15+2021: 44.1 % age 15+2024: 35.3 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

In 2024, share of adults with an account at a financial institution in Algeria stood at 35.3%.

The figure is down 20.0% on the previous year and down 30.1% over ten years.

Over the whole period, share of adults with an account at a financial institution in Algeria peaked at 50.5% in 2014 and was at its lowest, 33.3%, in 2011.

Algeria ranks 107th of 115 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 42.2% 33.3% 50.5% 3
2020s 39.7% 35.3% 44.1% 2

Countries ranked near Algeria

  1. 104 Sierra Leone 38.6% compare
  2. 105 Guatemala 38.3% compare
  3. 106 Guinea 36.0% compare
  4. 108 Iraq 30.2% compare
  5. 109 Mauritania 27.3% compare
  6. 110 Pakistan 27.3% compare

See the full ranking of 115 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is share of adults with an account at a financial institution in Algeria?
Share of adults with an account at a financial institution in Algeria was 35.3% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in Algeria?
The highest recorded value was 50.5% in 2014.
What is the lowest share of adults with an account at a financial institution recorded in Algeria?
The lowest recorded value was 33.3% in 2011.
How does Algeria rank for share of adults with an account at a financial institution?
Algeria ranks 107th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Algeria?
Over the last ten years it is down 30.1%. 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 (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.