Share of adults with an account at a financial institution in Zambia
Zambia: Share of adults with an account at a financial institution was 72.7% in 2024. ▲ Rising
Share of adults with an account at a financial institution in Zambia, 2011–2024
Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.
Analysis
The most recent figure for share of adults with an account at a financial institution in Zambia is 72.7%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 49.8% on the previous year and up 104.0% over ten years.
Over the whole period, share of adults with an account at a financial institution in Zambia peaked at 72.7% in 2024 and was at its lowest, 21.4%, in 2011.
That places Zambia 63rd out of 115 countries with data for 2024, putting it in the middle of the range.
Share of adults with an account at a financial institution in Zambia, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 21.4% | — |
| 2014 | 35.6% | +66.8% |
| 2017 | 45.9% | +28.7% |
| 2021 | 48.5% | +5.8% |
| 2024 | 72.7% | +49.8% |
Zambia compared with similar countries
- Zambia's 72.7% is above the median for lower middle income countries, which is 56.2%, 1.3× the median. (28 countries reporting)
- Zambia's 72.7% is above the median for Sub-Saharan Africa, which is 56.5%, 1.3× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 34.3% | 21.4% | 45.9% | 3 |
| 2020s | 60.6% | 48.5% | 72.7% | 2 |
Countries ranked near Zambia
More reference data data for Zambia
- Exchange rate, new LCU per USD extended backward, period average 18.94 (2026)
- Exchange rate, old LCU per USD extended forward, period average 18.94 (2026)
- Official exchange rate, LCU per USD, period average 18.94 (2026)
- Political opposition, annual growth rate 0 % change on previous year (2025)
- Elected parliament and government, annual growth rate 0 % change on previous year (2025)
- Global number of reported disasters by size, gaps filled 0 events (2025)
- Annual precipitation, annual growth rate 40.84 % change on previous year (2025)
- Free country, gaps filled 1 (2025)
- Civil liberties rating, gaps filled 4 (2025)
- Civil liberties rating, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is share of adults with an account at a financial institution in Zambia?
- Share of adults with an account at a financial institution in Zambia was 72.7% 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 Zambia?
- The highest recorded value was 72.7% in 2024.
- What is the lowest share of adults with an account at a financial institution recorded in Zambia?
- The lowest recorded value was 21.4% in 2011.
- How does Zambia rank for share of adults with an account at a financial institution?
- Zambia ranks 63rd out of 115 countries with data for 2024.
- Is share of adults with an account at a financial institution rising or falling in Zambia?
- Over the last ten years it is up 104.0%. The long-run trend across the full record is rising.
- Where does this Zambia 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.