Account, in labor force in India

India: Account, in labor force was 91.4% in 2024. ▲ Rising

Latest (2024)
91.4%
Change on year
up 11.6%
World rank
45th
of 97 countries
All-time high
91.4%
in 2024
All-time low
44.2%
in 2011
Years of data
5
2011–2024

Account, in labor force in India, 2011–2024

0204060801002011201720242011: 44.2 % age 15+2014: 64.8 % age 15+2017: 84.6 % age 15+2021: 81.9 % age 15+2024: 91.4 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

India recorded 91.4% for account, in labor force in 2024. That is the highest value across all 5 years on record.

That represents a change of up 11.6% on the previous year and up 40.9% over ten years.

Over the whole period, account, in labor force in India peaked at 91.4% in 2024 and was at its lowest, 44.2%, in 2011.

That places India 45th out of 97 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 64.6% 44.2% 84.6% 3
2020s 86.6% 81.9% 91.4% 2

Countries ranked near India

  1. 42 Bosnia and Herzegovina 92.7% compare
  2. 43 Malaysia 92.1% compare
  3. 44 Brazil 91.8% compare
  4. 46 Ukraine 90.8% compare
  5. 47 Chile 90.2% compare
  6. 48 Venezuela 88.8% compare

See the full ranking of 110 places →

More reference data data for India

All data for India →

Frequently asked questions

What is account, in labor force in India?
Account, in labor force in India was 91.4% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in India?
The highest recorded value was 91.4% in 2024.
What is the lowest account, in labor force recorded in India?
The lowest recorded value was 44.2% in 2011.
How does India rank for account, in labor force?
India ranks 45th out of 97 countries with data for 2024.
Is account, in labor force rising or falling in India?
Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)