Australia vs Latin America & Caribbean (excluding high income): Bank or similar financial institution account, young
Australia
98.7%
in 2024
Latin America & Caribbean (excluding high income)
58.8%
in 2024
Australia rank
9th
Latin America & Caribbean (excluding high income) rank
8th
Bank or similar financial institution account, young over time
- Australia
- Latin America & Caribbean (excluding high income)
How they compare
Australia currently reports 98.7% against 58.8% in Latin America & Caribbean (excluding high income), a difference of 39.9%.
That makes Australia's figure about 1.7 times Latin America & Caribbean (excluding high income)'s.
Across all 5 years both countries report, Australia has been ahead every year.
Australia ranks 9th and Latin America & Caribbean (excluding high income) ranks 8th of 106 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 97.8% | 33.5% | 64.3% | Australia |
| 2020s | 99.4% | 58.3% | 41.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank or similar financial institution account, young, Australia or Latin America & Caribbean (excluding high income)?
- Australia, at 98.7% against 58.8% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in bank or similar financial institution account, young between Australia and Latin America & Caribbean (excluding high income)?
- 39.9%, with Australia ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do Australia and Latin America & Caribbean (excluding high income) rank globally for bank or similar financial institution account, young?
- Australia ranks 9th and Latin America & Caribbean (excluding high income) ranks 8th of 106 countries.
- Where does this data come from?
- The World Bank, published as Bank or similar financial institution account, young (% ages 15-24). Statizoid refreshes it automatically from the source and publishes the full history for both places.