Republic of Korea vs Low income: Account, young

Republic of Korea
98.4%
in 2024
Low income
40.2%
in 2024
Republic of Korea rank
14th
Low income rank
12th

Account, young over time

  • Republic of Korea
  • Low income
020406080100201120172024

How they compare

Republic of Korea currently reports 98.4% against 40.2% in Low income, a difference of 58.2%.

That makes Republic of Korea's figure about 2.4 times Low income's.

Across all 5 years both countries report, Republic of Korea has been ahead every year.

Republic of Korea ranks 14th and Low income ranks 12th of 106 countries.

Republic of Korea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Republic of Korea Low income Difference Ahead
2010s 85.8% 16.5% 69.3% Republic of Korea
2020s 98.5% 36.6% 61.9% Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account, young, Republic of Korea or Low income?
Republic of Korea, at 98.4% against 40.2% in Low income as of 2024.
What is the difference in account, young between Republic of Korea and Low income?
58.2%, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Low income?
5 years are reported by both, from 2011 to 2024.
How do Republic of Korea and Low income rank globally for account, young?
Republic of Korea ranks 14th and Low income ranks 12th of 106 countries.
Where does this data come from?
Global Findex database, published as Account, young (% ages 15-24). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Low income: Account, young. Statizoid, drawing on Global Findex database. Retrieved 20 August 2026, from https://reference.statizoid.com/compare/account-young-percent-ages-15-24/korea-rep/low-income/

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About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), young (% ages 15-24)