Evolution of Financial Inclusion in Algeria: A Global Findex Database Analysis (2014-2024)

Abstract

This study analyzes financial inclusion indicators in Algeria (2014-2024) using the Global Findex database. Results show a decline in bank account ownership in 2024 (35%), with persistent weakness in formal borrowing and insurance. Despite relative improvements in savings and digital payments, the evolution of financial inclusion remains unbalanced, necessitating an accelerated national strategy for financial digitalization to enhance access and usage.