Algeria

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
Algeria
Wallets
Development Developing
Send or Receive
GDP ($m)
135,285.46
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HDI classification Medium
Mobile Connections (m)
Currency DZD
Class
CountryISO DZ
Sovereignity Country
Territory of - NA -
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{"type":"PieChart","data":[["Operator","Connections"],["Djezzy (Vimpelcom)\/ Omnium Telecom Algeria SpA (OTA)",16218947],["Mobilis (Algerie Telecom)",10932568],["Nedjma (Wataniya)",8398550]],"options":{"title":"Connections","is3D":true}}
{"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"}}
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Channel Analysis
No data to report
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COT Analysis
No data to report
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Persona Analysis
No data to report
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Products
No data to report
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PI Analysis
No data to report
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Central Bank
Key Regulations
Type of law
Civil and Religious
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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
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Law is based on
Approach
Sectors active in Digital Money
Exclusivity
Certainty
Openness
Proportionate?
Allowed Models
DominantModel
{"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 %
Stock Immigrants ('000)
Emigration Rate %
Internal Migrants ('000)
Internal Migration Rate %
Intl Movement Rate %
Urban % 65.00
Female % 45.20
Literate % 75.39
Annual Growth %
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
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
Registered Wallet Users
Top Wallets
Informal Market
Cost To Remit
Key Players

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