Bank or similar financial institution account, young in Algeria

Algeria: Bank or similar financial institution account, young was 18.5% in 2024. ▼ Falling

Latest (2024)
18.5%
Change on year
down 30.7%
World rank
94th
of 106 countries
All-time high
38.5%
in 2014
All-time low
18.5%
in 2024
Years of data
5
2011–2024

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

0102030402011201720242011: 20.3 % ages 15-242014: 38.5 % ages 15-242017: 28.6 % ages 15-242021: 26.7 % ages 15-242024: 18.5 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

Algeria recorded 18.5% for bank or similar financial institution account, young in 2024. That is the lowest value across all 5 years on record.

That represents a change of down 30.7% on the previous year and down 51.8% over ten years.

Over the whole period, bank or similar financial institution account, young in Algeria peaked at 38.5% in 2014 and was at its lowest, 18.5%, in 2024.

Algeria ranks 94th of 106 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Algeria, 2011 to 2024.
Year % ages 15-24 Change
2011 20.3%
2014 38.5% +89.4%
2017 28.6% -25.7%
2021 26.7% -6.5%
2024 18.5% -30.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.1% 20.3% 38.5% 3
2020s 22.6% 18.5% 26.7% 2

Countries ranked near Algeria

  1. 91 Jordan 19.4% compare
  2. 92 Bangladesh 19.1% compare
  3. 93 Togo 18.9% compare
  4. 95 Burkina Faso 16.9% compare
  5. 96 Uganda 16.2% compare
  6. 97 Tanzania, United Republic of 15.5% 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, young in Algeria?
Bank or similar financial institution account, young in Algeria was 18.5% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Algeria?
The highest recorded value was 38.5% in 2014.
What is the lowest bank or similar financial institution account, young recorded in Algeria?
The lowest recorded value was 18.5% in 2024.
How does Algeria rank for bank or similar financial institution account, young?
Algeria ranks 94th out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Algeria?
Over the last ten years it is down 51.8%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Algeria. Statizoid. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/algeria/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed