Account, income, poorest 40% in Lower middle income
Lower middle income: Account, income, poorest 40% was 63.4% in 2024. ▲ Rising
Account, income, poorest 40% in Lower middle income, 2011–2024
Source: Global Findex database. Measured in % ages 15+.
Analysis
Lower middle income recorded 63.4% for account, income, poorest 40% in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 9.6% on the previous year and up 86.4% over ten years.
Over the whole period, account, income, poorest 40% in Lower middle income peaked at 63.4% in 2024 and was at its lowest, 21.3%, in 2011.
Account, income, poorest 40% in Lower middle income, year by year
| Year | % ages 15+ | Change |
|---|---|---|
| 2011 | 21.3% | — |
| 2014 | 34.0% | +59.6% |
| 2017 | 53.2% | +56.5% |
| 2021 | 57.8% | +8.6% |
| 2024 | 63.4% | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.2% | 21.3% | 53.2% | 3 |
| 2020s | 60.6% | 57.8% | 63.4% | 2 |
Countries ranked near Lower middle income
More reference data data for Lower middle income
- Exchange rate, new LCU per USD extended backward, period average 6,782 (2021)
- CPI Price, nominal 469.5 (2026)
- CPI Price, nominal, seas. adj. 475.87 (2026)
- School age population, one year before than official primary entry 59.49 million number (2019)
- School age population, one year before than official primary entry 28.75 million number (2019)
- School age population, one year before than official primary entry 30.74 million number (2019)
- School life expectancy, primary, both sexes 5.41 years (2019)
- School life expectancy, primary, male 5.44 years (2019)
- School life expectancy, primary, female 5.37 years (2019)
- Share of all students in secondary education enrolled in general 95.5% (2019)
Frequently asked questions
- What is account, income, poorest 40% in Lower middle income?
- Account, income, poorest 40% in Lower middle income was 63.4% in 2024, according to Global Findex database.
- What is the highest account, income, poorest 40% recorded in Lower middle income?
- The highest recorded value was 63.4% in 2024.
- What is the lowest account, income, poorest 40% recorded in Lower middle income?
- The lowest recorded value was 21.3% in 2011.
- How does Lower middle income rank for account, income, poorest 40%?
- Lower middle income ranks 7th out of 11 groups with data for 2024.
- Is account, income, poorest 40% rising or falling in Lower middle income?
- Over the last ten years it is up 86.4%. The long-run trend across the full record is rising.
- Where does this Lower middle income data come from?
- The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.
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About this data
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"), poorest 40% (% ages 15+)