Lending Interest Rates Statistics in Algeria (2026)
As of 2024, the average lending interest rate in Algeria was 8%, per World Bank World Development Indicators data. Essentially no change from 8% in 2023 to 8% in 2024. Algeria ranks #6 of 9 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #43 of 112 globally.
Key Statistics
- Latest value (2024)
- 8% (2024)
- Lending 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 8% in 2023 to 8% in 2024.
- Earliest value in this dataset (1995)
- 18.4% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 18.4% in 1995 to 8% in 2024.
- Peak value (1996)
- 19% (1996)
- Highest value in the available series; the 2024 value is 8%.
- Rank in Middle East, North Africa, Afghanistan & Pakistan (lower is better; rank 1 = lowest)
- #6 of 9 (2024)
- Algeria ranks 6 of 9 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #43 of 112 (2024)
- Algeria ranks 43 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Middle East, North Africa, Afghanistan & Pakistan average
- 8.3% (2024)
- Algeria (8%) is below the average of 8.3% across the 9 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 5% (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 | 8% | +0.0 pp |
| 2023 | 8% | +0.0 pp |
| 2022 | 8% | +0.0 pp |
| 2021 | 8% | +0.0 pp |
| 2020 | 8% | +0.0 pp |
| 2019 | 8% | +0.0 pp |
| 2018 | 8% | +0.0 pp |
| 2017 | 8% | +0.0 pp |
| 2016 | 8% | +0.0 pp |
| 2015 | 8% | +0.0 pp |
| 2014 | 8% | +0.0 pp |
| 2013 | 8% | +0.0 pp |
| 2012 | 8% | +0.0 pp |
| 2011 | 8% | +0.0 pp |
| 2010 | 8% | +0.0 pp |
| 2009 | 8% | +0.0 pp |
| 2008 | 8% | +0.0 pp |
| 2007 | 8% | +0.0 pp |
| 2006 | 8% | +0.0 pp |
| 2005 | 8% | +0.0 pp |
| 2004 | 8% | −0.1 pp |
| 2003 | 8.1% | −0.5 pp |
| 2002 | 8.6% | −0.9 pp |
| 2001 | 9.5% | −0.5 pp |
| 2000 | 10% | −0.8 pp |
| 1999 | 10.8% | −0.8 pp |
| 1998 | 11.5% | −4.2 pp |
| 1997 | 15.7% | −3.3 pp |
| 1996 | 19% | +0.6 pp |
| 1995 | 18.4% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Algeria?
The average lending interest rate in Algeria stood at 8% in 2024, according to World Bank World Development Indicators data.
Where does Algeria rank globally on lending interest rates?
Algeria ranks 43 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did lending interest rates in Algeria peak?
The highest value in the available series was 19% in 1996; the latest (2024) value is 8%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, 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 .