Bank or similar financial institution account, richest 60% in Algeria

Algeria: Bank or similar financial institution account, richest 60% was 38.0% in 2024. ▼ Falling

Latest (2024)
38.0%
Change on year
down 27.2%
World rank
89th
of 102 countries
All-time high
59.5%
in 2014
All-time low
38.0%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, richest 60% in Algeria, 2011–2024

02040602011201720242011: 40.5 % age 15+2014: 59.5 % age 15+2017: 48 % age 15+2021: 52.2 % age 15+2024: 38 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, richest 60% in Algeria is 38.0%, measured in 2024. That is the lowest value across all 5 years on record.

That represents a change of down 27.2% on the previous year and down 36.1% over ten years.

Over the whole period, bank or similar financial institution account, richest 60% in Algeria peaked at 59.5% in 2014 and was at its lowest, 38.0%, in 2024.

That places Algeria 89th out of 102 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, richest 60% in Algeria, year by year

Annual values for Bank or similar financial institution account, richest 60% (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 40.5%
2014 59.5% +46.8%
2017 48.0% -19.3%
2021 52.2% +8.8%
2024 38.0% -27.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.3% 40.5% 59.5% 3
2020s 45.1% 38.0% 52.2% 2

Countries ranked near Algeria

  1. 86 Philippines 39.6% compare
  2. 87 Togo 38.7% compare
  3. 88 Bangladesh 38.2% compare
  4. 90 Iraq 34.9% compare
  5. 91 Zambia 29.6% compare
  6. 92 Gabon 29.2% 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, richest 60% in Algeria?
Bank or similar financial institution account, richest 60% in Algeria was 38.0% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, richest 60% recorded in Algeria?
The highest recorded value was 59.5% in 2014.
What is the lowest bank or similar financial institution account, richest 60% recorded in Algeria?
The lowest recorded value was 38.0% in 2024.
How does Algeria rank for bank or similar financial institution account, richest 60%?
Algeria ranks 89th out of 102 countries with data for 2024.
Is bank or similar financial institution account, richest 60% rising or falling in Algeria?
Over the last ten years it is down 36.1%. 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, richest 60% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, richest 60% in Algeria. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-richest-60-percent-percent-age-15/algeria/

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About this data

Indicator
Bank or similar financial institution account, richest 60% (% 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