Share of adults with an account at a financial institution in Malaysia

Malaysia: Share of adults with an account at a financial institution was 88.7% in 2024. ▲ Rising

Latest (2024)
88.7%
Change on year
up 0.4%
World rank
38th
of 115 countries
All-time high
88.7%
in 2024
All-time low
66.2%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in Malaysia, 2011–2024

0204060802011201720242011: 66.2 % age 15+2014: 80.7 % age 15+2017: 85.3 % age 15+2021: 88.4 % age 15+2024: 88.7 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

Malaysia recorded 88.7% for share of adults with an account at a financial institution in 2024. That is the highest value across all 5 years on record.

That represents a change of up 0.4% on the previous year and up 9.9% over ten years.

Over the whole period, share of adults with an account at a financial institution in Malaysia peaked at 88.7% in 2024 and was at its lowest, 66.2%, in 2011.

Malaysia ranks 38th of 115 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 77.4% 66.2% 85.3% 3
2020s 88.5% 88.4% 88.7% 2

Countries ranked near Malaysia

  1. 35 China 89.4% compare
  2. 36 Israel 89.3% compare
  3. 37 India 89.0% compare
  4. 39 Greece 88.6% compare
  5. 40 Ukraine 87.6% compare
  6. 41 Venezuela 87.3% compare

See the full ranking of 115 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is share of adults with an account at a financial institution in Malaysia?
Share of adults with an account at a financial institution in Malaysia was 88.7% 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 Malaysia?
The highest recorded value was 88.7% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in Malaysia?
The lowest recorded value was 66.2% in 2011.
How does Malaysia rank for share of adults with an account at a financial institution?
Malaysia ranks 38th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Malaysia?
Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
Where does this Malaysia 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

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

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.