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.
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
- 20 New Zealand 97.9% compare
- 21 Hong Kong 97.3% compare
- 22 United States 97.0% compare
- 25 Cyprus 96.1% compare
- 26 Latvia 95.0% compare
More reference data data for South Korea
- Spring temperature anomalies 1.1 °C (2026)
- Summer temperature anomalies 0.7164 °C (2026)
- Temperature anomalies by month -0.8996 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.24 °C (2025)
- Winter temperature anomalies 0.9115 °C (2025)
- Consumer price index 135 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
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.
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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.