L’impact de l’inclusion financière sur la croissance économique en Algérie : Une analyse empirique par l’approche ARDL durant la période 2004-2024

Abstract

This study aims to analyze the impact of financial inclusion on economic growth in Algeria over the period 2004-2024. The empirical analysis is based on national macroeconomic data processed through an ARDLeconometric model. The results reveal a positive and statistically significant relationship between certain financial inclusion indicators and economic growth. Specifically, improvements in access to financial services and their increased usage contribute to stimulating long-term economic dynamics. Furthermore, the short-term analysis confirms the influence of these variables, although their intensity fluctuates according to the country's cyclical and structural conditions. In parallel, control variables, notably investment, exert the expected positive effect on growth. In conclusion, the study confirms that financial inclusion constitutes a strategic lever for promoting sustainable economic growth in Algeria. However, the efficiency of this lever remains dependent on the strengthening of financial governance and the profound modernization of the national banking system.