Republic of Korea vs Singapore: Bank or similar financial institution account

Republic of Korea
96.7%
in 2024
Singapore
97.8%
in 2024
Republic of Korea rank
23rd
Singapore rank
20th

Bank or similar financial institution account over time

  • Republic of Korea
  • Singapore
020406080100201120172024

How they compare

Singapore currently reports 97.8% against 96.7% in Republic of Korea, a difference of 1.1%.

The two have swapped places 2 times across 5 shared years of data; in 2011 it was Singapore ahead.

Republic of Korea ranks 23rd and Singapore ranks 20th of 115 countries.

Across the 2 decades both report, Republic of Korea averaged higher in 1 and Singapore in 1.

Head to head by decade

Decade Republic of Korea Singapore Difference Ahead
2010s 94.1% 97.5% 3.4% Singapore
2020s 97.7% 97.5% 0.2% Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank or similar financial institution account, Republic of Korea or Singapore?
Singapore, at 97.8% against 96.7% in Republic of Korea as of 2024.
What is the difference in bank or similar financial institution account between Republic of Korea and Singapore?
1.1%, with Singapore ahead.
How many years of comparable data are there for Republic of Korea and Singapore?
5 years are reported by both, from 2011 to 2024.
How do Republic of Korea and Singapore rank globally for bank or similar financial institution account?
Republic of Korea ranks 23rd and Singapore ranks 20th of 115 countries.
Where does this data come from?
Global Findex Database, published as Bank or similar financial institution account (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Singapore: Bank or similar financial institution account. Statizoid, drawing on Global Findex Database. Retrieved 07 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-percent-age-15/korea-rep/singapore/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 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 similar financial institution, (% age 15+)