Algeria Bank Account Ownership Rate 2024: 35.29 %
Algeria's bank account ownership rate in 2024 is 35.29 %, down 20.0% from 2021. It ranks #130 of 139 countries.
Bank account ownership rate indicates financial inclusion levels among adults globally, highlighting economic access.
Source (2024): Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data
Bank Account Ownership Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 35.29 % | 8.81 % | -19.97% | |
| 2021 | 44.1 % | +1.32 % | +3.09% | |
| 2017 | 42.78 % | 7.7 % | -15.25% | |
| 2014 | 50.48 % | +17.19 % | +51.64% | |
| 2011 | 33.29 % | — | — |
Frequently Asked Questions About Algeria Bank Account Ownership Rate
What is Algeria's bank account ownership rate in 2024?▾
Algeria's bank account ownership rate is 35.29 % in 2024, according to Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data.
Is Algeria's bank account ownership rate increasing or decreasing?▾
Algeria's bank account ownership rate fell by 20.0% from 2021 (44.10 %) to 2024 (35.29 %). Over the past decade (2014–2024) it fell by 30.1%.
How does Algeria rank for bank account ownership rate?▾
In 2024, Algeria has the 130th highest bank account ownership rate out of 139 countries with data.
What was Algeria's bank account ownership rate in 2011?▾
In 2011, Algeria's bank account ownership rate was 33.29 %. By 2024 it rose by 6.0%.
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