Australia vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, young

Australia
98.7%
in 2024
Sub-Saharan Africa (excluding high income)
26.6%
in 2024
Australia rank
9th
Sub-Saharan Africa (excluding high income) rank
11th

Bank or similar financial institution account, young over time

  • Australia
  • Sub-Saharan Africa (excluding high income)
20406080100201120172024

How they compare

Australia currently reports 98.7% against 26.6% in Sub-Saharan Africa (excluding high income), a difference of 72.1%.

That makes Australia's figure about 3.7 times Sub-Saharan Africa (excluding high income)'s.

Across all 5 years both countries report, Australia has been ahead every year.

Australia ranks 9th and Sub-Saharan Africa (excluding high income) ranks 11th of 106 countries.

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

Head to head by decade

Decade Australia Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 97.8% 21.1% 76.7% Australia
2020s 99.4% 28.2% 71.2% 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 Sub-Saharan Africa (excluding high income)?
Australia, at 98.7% against 26.6% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in bank or similar financial institution account, young between Australia and Sub-Saharan Africa (excluding high income)?
72.1%, with Australia ahead.
How many years of comparable data are there for Australia and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Australia and Sub-Saharan Africa (excluding high income) rank globally for bank or similar financial institution account, young?
Australia ranks 9th and Sub-Saharan Africa (excluding high income) ranks 11th 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.

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Australia vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, young. Statizoid. Retrieved 16 September 2026, from https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-young-percent-ages-15-24/australia/sub-saharan-africa-excluding-high-income/

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<a href="https://reference.statizoid.com/compare/bank-or-similar-financial-institution-account-young-percent-ages-15-24/australia/sub-saharan-africa-excluding-high-income/">Australia vs Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, young</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed