Bank loans as a share of GDP reached 47.3 % in 2017 in Algeria, according to the National Central Bank. This is 2.81 % less than in the previous year.
Historically, bank loans as a share of GDP in Algeria reached an all time high of 59.9 % in 1985 and an all time low of 18.9 % in 1993.
Algeria has been ranked 63rd within the group of 108 countries we follow in terms of bank loans as a share of GDP, 20 places above the position seen 10 years ago.
A bank loan is a type of debt.