Saved at a bank or similar financial institution in Algeria

Algeria: Saved at a bank or similar financial institution was 16.6% in 2024. ▲ Rising

Latest (2024)
16.6%
Change on year
up 3.1%
World rank
42nd
of 80 countries
All-time high
16.6%
in 2024
All-time low
4.3%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Algeria, 2011–2024

57.51012.51517.52011201720242011: 4.3 % age 15+2014: 13.8 % age 15+2017: 11.4 % age 15+2021: 16 % age 15+2024: 16.6 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, saved at a bank or similar financial institution in Algeria stood at 16.6%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 3.1% on the previous year and up 20.2% over ten years.

Over the whole period, saved at a bank or similar financial institution in Algeria peaked at 16.6% in 2024 and was at its lowest, 4.3%, in 2011.

Algeria ranks 42nd of 80 countries on this measure, in the middle of the range.

Saved at a bank or similar financial institution in Algeria, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Algeria, 2011 to 2024.
Year % age 15+ Change
2011 4.3%
2014 13.8% +218.4%
2017 11.4% -17.1%
2021 16.0% +40.5%
2024 16.6% +3.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.8% 4.3% 13.8% 3
2020s 16.3% 16.0% 16.6% 2

Countries ranked near Algeria

  1. 39 Mexico 17.2% compare
  2. 40 Azerbaijan 17.0% compare
  3. 41 Kyrgyzstan 16.9% compare
  4. 43 Mauritania 16.1% compare
  5. 44 Botswana 15.6% compare
  6. 45 Honduras 14.8% compare

See the full ranking of 90 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is saved at a bank or similar financial institution in Algeria?
Saved at a bank or similar financial institution in Algeria was 16.6% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Algeria?
The highest recorded value was 16.6% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Algeria?
The lowest recorded value was 4.3% in 2011.
How does Algeria rank for saved at a bank or similar financial institution?
Algeria ranks 42nd out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Algeria?
Over the last ten years it is up 20.2%. The long-run trend across the full record is rising.
Where does this Algeria data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)