South Korea vs Latvia: Share of adults with an account at a financial institution
South Korea
96.9%
in 2024
Latvia
95.0%
in 2024
South Korea rank
23rd
Latvia rank
26th
Share of adults with an account at a financial institution over time
- South Korea
- Latvia
How they compare
South Korea currently reports 96.9% against 95.0% in Latvia, a difference of 1.9%.
Across all 5 years both countries report, South Korea has been ahead every year.
South Korea ranks 23rd and Latvia ranks 26th of 115 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 94.1% | 91.0% | 3.1% | South Korea |
| 2020s | 97.8% | 95.8% | 2.0% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of adults with an account at a financial institution, South Korea or Latvia?
- South Korea, at 96.9% against 95.0% in Latvia as of 2024.
- What is the difference in share of adults with an account at a financial institution between South Korea and Latvia?
- 1.9%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latvia?
- 5 years are reported by both, from 2011 to 2024.
- How do South Korea and Latvia rank globally for share of adults with an account at a financial institution?
- South Korea ranks 23rd and Latvia ranks 26th of 115 countries.
- Where does this data come from?
- Global Findex Database - World Bank (2026) – processed by Our World in Data, published as Share of adults with an account at a financial institution. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.