Deposit Interest Rates Statistics in Algeria (2026)
In 2024, the average deposit interest rate in Algeria stood at 1.8%, according to World Bank World Development Indicators data. Essentially no change from 1.8% in 2023 to 1.8% in 2024. Algeria ranks #9 of 10 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #81 of 113 globally.
Key Statistics
- Latest value (2024)
- 1.8% (2024)
- Deposit Interest Rates in Algeria as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 1.8% in 2023 to 1.8% in 2024.
- Earliest value in this dataset (1995)
- 16.6% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 16.6% in 1995 to 1.8% in 2024.
- Peak value (1995)
- 16.6% (1995)
- Highest value in the available series; the 2024 value is 1.8%.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #9 of 10 (2024)
- Algeria ranks 9 of 10 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #81 of 113 (2024)
- Algeria ranks 81 of 113 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 5% (2024)
- Algeria (1.8%) is below the average of 5% across the 10 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 6.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Algeria (2024)
- 77.4% (2024)
- 77.4% of the population in Algeria used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 46.8 million (2024)
- Algeria had a population of 46.8 million in 2024 (World Bank); shown for scale only.
Trend, 1995–2024
| Year | % | Change |
|---|---|---|
| 2024 | 1.8% | +0.0 pp |
| 2023 | 1.8% | +0.0 pp |
| 2022 | 1.8% | +0.0 pp |
| 2021 | 1.8% | +0.0 pp |
| 2020 | 1.8% | +0.0 pp |
| 2019 | 1.8% | +0.0 pp |
| 2018 | 1.8% | +0.0 pp |
| 2017 | 1.8% | +0.0 pp |
| 2016 | 1.8% | +0.0 pp |
| 2015 | 1.8% | +0.0 pp |
| 2014 | 1.8% | +0.0 pp |
| 2013 | 1.8% | +0.0 pp |
| 2012 | 1.8% | +0.0 pp |
| 2011 | 1.8% | +0.0 pp |
| 2010 | 1.8% | +0.0 pp |
| 2009 | 1.8% | +0.0 pp |
| 2008 | 1.8% | +0.0 pp |
| 2007 | 1.8% | +0.0 pp |
| 2006 | 1.8% | −0.2 pp |
| 2005 | 1.9% | −1.7 pp |
| 2004 | 3.6% | −1.6 pp |
| 2003 | 5.3% | −0.1 pp |
| 2002 | 5.3% | −0.9 pp |
| 2001 | 6.3% | −1.3 pp |
| 2000 | 7.5% | −0.8 pp |
| 1999 | 8.3% | −0.9 pp |
| 1998 | 9.1% | −3.5 pp |
| 1997 | 12.6% | −1.9 pp |
| 1996 | 14.5% | −2.1 pp |
| 1995 | 16.6% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in Algeria?
The average deposit interest rate in Algeria stood at 1.8% in 2024, according to World Bank World Development Indicators data.
How does Algeria compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Algeria ranks 9 of 10 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 1.8% versus a regional average of 5% (latest values per country).
Where does Algeria rank globally on deposit interest rates?
Algeria ranks 81 of 113 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did deposit interest rates in Algeria peak?
The highest value in the available series was 16.6% in 1995; the latest (2024) value is 1.8%.
How recent is the deposit interest rates data for Algeria?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Algeria.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .