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

Singapore: Share of adults with an account at a financial institution was 98.0% in 2024. ▬ Flat

Latest (2024)
98.0%
Change on year
up 0.4%
World rank
19th
of 115 countries
All-time high
98.2%
in 2011
All-time low
96.4%
in 2014
Years of data
5
2011–2024

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

0204060801002011201720242011: 98.2 % age 15+2014: 96.4 % age 15+2017: 97.9 % age 15+2021: 97.5 % age 15+2024: 98 % age 15+

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

Analysis

Singapore recorded 98.0% for share of adults with an account at a financial institution in 2024.

Compared with earlier readings it is up 0.4% on the previous year and up 1.7% over ten years.

Over the whole period, share of adults with an account at a financial institution in Singapore peaked at 98.2% in 2011 and was at its lowest, 96.4%, in 2014.

That places Singapore 19th out of 115 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.5% 96.4% 98.2% 3
2020s 97.8% 97.5% 98.0% 2

Countries ranked near Singapore

  1. 16 Mongolia 98.3% compare
  2. 17 Belgium 98.2% compare
  3. 18 Australia 98.0% compare
  4. 20 New Zealand 97.9% compare
  5. 21 Hong Kong 97.3% compare
  6. 22 United States 97.0% compare

See the full ranking of 115 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is share of adults with an account at a financial institution in Singapore?
Share of adults with an account at a financial institution in Singapore was 98.0% 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 Singapore?
The highest recorded value was 98.2% in 2011.
What is the lowest share of adults with an account at a financial institution recorded in Singapore?
The lowest recorded value was 96.4% in 2014.
How does Singapore rank for share of adults with an account at a financial institution?
Singapore ranks 19th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in Singapore?
Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
Where does this Singapore 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.