Bank or similar financial institution account, older in Algeria

Algeria: Bank or similar financial institution account, older was 40.9% in 2024. ▬ Flat

Latest (2024)
40.9%
Change on year
down 20.5%
World rank
86th
of 106 countries
All-time high
57.5%
in 2014
All-time low
39.9%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 39.9 % age 25+2014: 57.5 % age 25+2017: 48.7 % age 25+2021: 51.5 % age 25+2024: 40.9 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

Algeria recorded 40.9% for bank or similar financial institution account, older in 2024.

Compared with earlier readings it is down 20.5% on the previous year and down 28.8% over ten years.

Over the whole period, bank or similar financial institution account, older in Algeria peaked at 57.5% in 2014 and was at its lowest, 39.9%, in 2011.

Algeria ranks 86th of 106 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, older (% age 25+) in Algeria, 2011 to 2024.
Year % age 25+ Change
2011 39.9%
2014 57.5% +44.2%
2017 48.7% -15.2%
2021 51.5% +5.6%
2024 40.9% -20.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 48.7% 39.9% 57.5% 3
2020s 46.2% 40.9% 51.5% 2

Countries ranked near Algeria

  1. 83 Botswana 44.9% compare
  2. 84 El Salvador 44.7% compare
  3. 85 Colombia 42.8% compare
  4. 87 Honduras 40.2% compare
  5. 88 Guatemala 39.3% compare
  6. 89 Togo 38.4% compare

See the full ranking of 118 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is bank or similar financial institution account, older in Algeria?
Bank or similar financial institution account, older in Algeria was 40.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Algeria?
The highest recorded value was 57.5% in 2014.
What is the lowest bank or similar financial institution account, older recorded in Algeria?
The lowest recorded value was 39.9% in 2011.
How does Algeria rank for bank or similar financial institution account, older?
Algeria ranks 86th out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Algeria?
Over the last ten years it is down 28.8%. The long-run trend across the full record is flat.
Where does this Algeria data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Algeria. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/algeria/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed