Bank or similar financial institution account, poorest 40% in Algeria

Algeria: Bank or similar financial institution account, poorest 40% was 31.2% in 2024. ▲ Rising

Latest (2024)
31.2%
Change on year
down 2.1%
World rank
78th
of 102 countries
All-time high
37.0%
in 2014
All-time low
23.1%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Algeria, 2011–2024

0102030402011201720242011: 23.1 % age 15+2014: 37 % age 15+2017: 35 % age 15+2021: 31.9 % age 15+2024: 31.2 % age 15+

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

Analysis

Algeria recorded 31.2% for bank or similar financial institution account, poorest 40% in 2024.

Compared with earlier readings it is down 2.1% on the previous year and down 15.5% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Algeria peaked at 37.0% in 2014 and was at its lowest, 23.1%, in 2011.

That places Algeria 78th out of 102 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, poorest 40% in Algeria, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 23.1%
2014 37.0% +60.1%
2017 35.0% -5.4%
2021 31.9% -8.8%
2024 31.2% -2.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 31.7% 23.1% 37.0% 3
2020s 31.6% 31.2% 31.9% 2

Countries ranked near Algeria

  1. 75 Peru 35.6% compare
  2. 76 Kenya 35.3% compare
  3. 77 Palestine, State of 31.9% compare
  4. 79 Botswana 31.1% compare
  5. 80 Albania 30.2% compare
  6. 81 Jordan 29.8% compare

See the full ranking of 114 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Algeria?
Bank or similar financial institution account, poorest 40% in Algeria was 31.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Algeria?
The highest recorded value was 37.0% in 2014.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Algeria?
The lowest recorded value was 23.1% in 2011.
How does Algeria rank for bank or similar financial institution account, poorest 40%?
Algeria ranks 78th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Algeria?
Over the last ten years it is down 15.5%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Algeria. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/algeria/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed