Bank or similar financial institution account, in laborforce in Algeria

Algeria: Bank or similar financial institution account, in laborforce was 52.7% in 2024. ▼ Falling

Latest (2024)
52.7%
Change on year
down 27.0%
World rank
77th
of 98 countries
All-time high
80.5%
in 2014
All-time low
52.7%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Algeria, 2011–2024

0204060802011201720242011: 65.1 % age 15+2014: 80.5 % age 15+2017: 63.7 % age 15+2021: 72.1 % age 15+2024: 52.7 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

In 2024, bank or similar financial institution account, in laborforce in Algeria stood at 52.7%. That is the lowest value across all 5 years on record.

That represents a change of down 27.0% on the previous year and down 34.6% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Algeria peaked at 80.5% in 2014 and was at its lowest, 52.7%, in 2024.

Algeria ranks 77th of 98 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, in laborforce in Algeria, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 65.1%
2014 80.5% +23.6%
2017 63.7% -20.8%
2021 72.1% +13.2%
2024 52.7% -27.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 69.8% 63.7% 80.5% 3
2020s 62.4% 52.7% 72.1% 2

Countries ranked near Algeria

  1. 74 Bolivia 57.6% compare
  2. 75 Jordan 55.7% compare
  3. 76 El Salvador 54.1% compare
  4. 78 Colombia 51.5% compare
  5. 79 Ghana 49.5% compare
  6. 80 Honduras 48.4% compare

See the full ranking of 110 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Algeria?
Bank or similar financial institution account, in laborforce in Algeria was 52.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Algeria?
The highest recorded value was 80.5% in 2014.
What is the lowest bank or similar financial institution account, in laborforce recorded in Algeria?
The lowest recorded value was 52.7% in 2024.
How does Algeria rank for bank or similar financial institution account, in laborforce?
Algeria ranks 77th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Algeria?
Over the last ten years it is down 34.6%. The long-run trend across the full record is falling.
Where does this Algeria data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Algeria. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/algeria/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed