Share of adults with an account at a financial institution in South Korea
South Korea: Share of adults with an account at a financial institution was 96.9% in 2024. ▲ Rising
Share of adults with an account at a financial institution in South Korea, 2011–2024
Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.
Analysis
South Korea recorded 96.9% for share of adults with an account at a financial institution in 2024.
The figure is down 1.8% on the previous year and up 2.7% over ten years.
Over the whole period, share of adults with an account at a financial institution in South Korea peaked at 98.7% in 2021 and was at its lowest, 93.0%, in 2011.
South Korea ranks 23rd of 115 countries on this measure, in the top quarter.
Share of adults with an account at a financial institution in South Korea, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 93.0% | — |
| 2014 | 94.4% | +1.4% |
| 2017 | 94.9% | +0.5% |
| 2021 | 98.7% | +4.0% |
| 2024 | 96.9% | -1.8% |
South Korea compared with similar countries
- South Korea's 96.9% is below the median for high income countries, which is 97.0%, 100% of the median. (42 countries reporting)
- South Korea's 96.9% is above the median for East Asia & Pacific, which is 94.4%, 1.0× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 94.1% | 93.0% | 94.9% | 3 |
| 2020s | 97.8% | 96.9% | 98.7% | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is share of adults with an account at a financial institution in South Korea?
- Share of adults with an account at a financial institution in South Korea was 96.9% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
- What is the highest share of adults with an account at a financial institution recorded in South Korea?
- The highest recorded value was 98.7% in 2021.
- What is the lowest share of adults with an account at a financial institution recorded in South Korea?
- The lowest recorded value was 93.0% in 2011.
- How does South Korea rank for share of adults with an account at a financial institution?
- South Korea ranks 23rd out of 115 countries with data for 2024.
- Is share of adults with an account at a financial institution rising or falling in South Korea?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.