Credit-to-economy growth rate; percent, end-Dec. 2022 and end-Feb. 2023.
Algeria’s credit-to-economy growth rate slowed from 3.27% at end-December 2022 to 0.64% at end-February 2023. The figures measure the pace of credit growth rather than the level of credit outstanding. The slowdown was 2.63 percentage points. The February rate was 19.57% of the December rate.
| Rank | Entry | Value | Period |
|---|---|---|---|
| 1 | End-December 2022 growth rate | 3.27% | December 2022 |
| 2 | End-February 2023 growth rate | 0.64% | February 2023 |
Source 1: Réunion du Comité des Opérations de Politique Monétaire: augmentation du taux de réserve obligatoire
Publisher: Bank of Algeria
Dataset/table: Policy, reserves and banking liquidity indicators, 2022–2023
Units: US$ billions; DZD billions; percent
Date checked: 2026-07-19
Evidence: Supports credit-to-economy growth of 3.27% at end-December 2022 and 0.64% at end-February 2023.
The metric is the growth rate of credit to the economy. A lower positive rate means slower growth, not necessarily a decline in the credit stock.
The comparison uses the two official growth rates and calculates the percentage-point slowdown, relative reduction and endpoint multiple.
Both rates come from the same Bank of Algeria release and retain their exact end-December 2022 and end-February 2023 dates.
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