Bank or similar financial institution account in Algeria

Algeria: Bank or similar financial institution account was 35.3% in 2024. ▬ Flat

Latest (2024)
35.3%
Change on year
down 20.0%
World rank
89th
of 115 countries
All-time high
50.5%
in 2014
All-time low
33.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account 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. Measured in % age 15+.

Analysis

Algeria recorded 35.3% for bank or similar financial institution account in 2024.

Compared with earlier readings it is down 20.0% on the previous year and down 30.1% over ten years.

Over the whole period, bank or similar financial institution account in Algeria peaked at 50.5% in 2014 and was at its lowest, 33.3%, in 2011.

That places Algeria 89th out of 115 countries with data for 2024, putting it in the bottom quarter.

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

Annual values for Bank or similar financial institution account (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 33.3%
2014 50.5% +51.6%
2017 42.8% -15.3%
2021 44.1% +3.1%
2024 35.3% -20.0%

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. 86 Palestine, State of 38.7% compare
  2. 87 Guatemala 37.5% compare
  3. 88 Cambodia 37.3% compare
  4. 90 Egypt 35.3% compare
  5. 91 Philippines 33.5% compare
  6. 92 Bangladesh 32.9% compare

See the full ranking of 127 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is bank or similar financial institution account in Algeria?
Bank or similar financial institution account in Algeria was 35.3% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Algeria?
The highest recorded value was 50.5% in 2014.
What is the lowest bank or similar financial institution account recorded in Algeria?
The lowest recorded value was 33.3% in 2011.
How does Algeria rank for bank or similar financial institution account?
Algeria ranks 89th out of 115 countries with data for 2024.
Is bank or similar financial institution account 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, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account in Algeria. Statizoid, drawing on Global Findex Database. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/algeria/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)