Algeria's financial sector is well developed relative to the regional average and comparable in size to that of other countries in the middle-income group, but remains relatively closed and undiversified. Link to external site : Website for Algeria |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
135,285.46 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
35.550 Upgrade to Bronze |
| Currency | DZD |
| Class | |
| CountryISO | DZ |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",71600],["Q4 2001",119518],["Q4 2002",440157],["Q4 2003",1459571],["Q4 2004",4905929],["Q4 2005",13515362],["Q4 2006",20521850],["Q4 2007",25843604],["Q4 2008",27793783],["Q4 2009",31685992],["Q4 2010",33171279],["Q4 2011",34230091],["Q4 2012",34973691],["Q4 2013",35519926],["Q4 2014",35941241]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil and Religious Upgrade to Bronze |
| Legal System |
Mixed legal system of French civil law and Islamic law; judicial review of legislative acts in ad hoc Constitutional Council composed of various public officials including several Supreme Court justices Upgrade to Bronze |
| Law is based on | |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",91.64],["Banked",31],["Internet",10],["Urban",65],["Adult",72],["Literate",75.3898]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 33.85 |
| Adult % | 72.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) |
242.30 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 65.00 |
| Female % | 45.20 |
| Literate % | 75.39 |
| Annual Growth % |
-1.30 Upgrade to Bronze |
| Mobile Penetration % | 91.64 |
| Banked % | 31.00 |
| Access to FS % | 31.00 |
| Internet % | 10.00 |
| Branches per 100k adults | 5.33 |
| ATMs per 100k adults | 4.13 |
| POS per 100k adults | 8.37 |
| Prepaid % | 97.20 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 21.41 |
| Monthly ARPU |
10.73 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Long Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |