Bank or similar financial institution account, out of laborforce in Algeria

Algeria: Bank or similar financial institution account, out of laborforce was 24.4% in 2024. ▲ Rising

Latest (2024)
24.4%
Change on year
down 13.5%
World rank
83rd
of 98 countries
All-time high
31.8%
in 2014
All-time low
16.0%
in 2011
Years of data
5
2011–2024

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

01020302011201720242011: 16 % age 15+2014: 31.8 % age 15+2017: 29.4 % age 15+2021: 28.2 % age 15+2024: 24.4 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Algeria is 24.4%, measured in 2024.

The figure is down 13.5% on the previous year and down 23.2% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Algeria peaked at 31.8% in 2014 and was at its lowest, 16.0%, in 2011.

Algeria ranks 83rd of 98 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 16.0%
2014 31.8% +97.9%
2017 29.4% -7.3%
2021 28.2% -4.2%
2024 24.4% -13.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 25.7% 16.0% 31.8% 3
2020s 26.3% 24.4% 28.2% 2

Countries ranked near Algeria

  1. 80 Albania 25.5% compare
  2. 81 Bangladesh 24.8% compare
  3. 82 Togo 24.6% compare
  4. 84 Burkina Faso 22.3% compare
  5. 85 Mauritania 19.3% compare
  6. 86 Iraq 18.2% 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, out of laborforce in Algeria?
Bank or similar financial institution account, out of laborforce in Algeria was 24.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Algeria?
The highest recorded value was 31.8% in 2014.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Algeria?
The lowest recorded value was 16.0% in 2011.
How does Algeria rank for bank or similar financial institution account, out of laborforce?
Algeria ranks 83rd out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Algeria?
Over the last ten years it is down 23.2%. The long-run trend across the full record is rising.
Where does this Algeria data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Algeria. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/algeria/

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About this data

Indicator
Bank or similar financial institution account, out of 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