Account, income, poorest 40% in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Account, income, poorest 40% was 47.2% in 2024. ▲ Rising

Latest (2024)
47.2%
Change on year
up 22.8%
Rank
10th
of 12 groups
All-time high
47.2%
in 2024
All-time low
13.0%
in 2011
Years of data
5
2011–2024

Account, income, poorest 40% in Sub-Saharan Africa (excluding high income), 2011–2024

10203040502011201720242011: 13 % ages 15+2014: 23.6 % ages 15+2017: 31.8 % ages 15+2021: 38.4 % ages 15+2024: 47.2 % ages 15+

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

Analysis

The most recent figure for account, income, poorest 40% in Sub-Saharan Africa (excluding high income) is 47.2%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 22.8% on the previous year and up 99.9% over ten years.

Over the whole period, account, income, poorest 40% in Sub-Saharan Africa (excluding high income) peaked at 47.2% in 2024 and was at its lowest, 13.0%, in 2011.

Account, income, poorest 40% in Sub-Saharan Africa (excluding high income), year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % ages 15+ Change
2011 13.0%
2014 23.6% +82.0%
2017 31.8% +34.9%
2021 38.4% +20.7%
2024 47.2% +22.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 22.8% 13.0% 31.8% 3
2020s 42.8% 38.4% 47.2% 2

Countries ranked near Sub-Saharan Africa (excluding high income)

  1. 7 France 98.7% compare
  2. 8 Canada 98.6% compare
  3. 9 Germany 98.6% compare
  4. 10 Netherlands 98.3% compare
  5. 11 Slovenia 98.1% compare
  6. 12 Estonia 98.0% compare
  7. 13 Lithuania 97.8% compare

See the full ranking of 115 places →

More reference data data for Sub-Saharan Africa (excluding high income)

All data for Sub-Saharan Africa (excluding high income) →

Frequently asked questions

What is account, income, poorest 40% in Sub-Saharan Africa (excluding high income)?
Account, income, poorest 40% in Sub-Saharan Africa (excluding high income) was 47.2% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 47.2% in 2024.
What is the lowest account, income, poorest 40% recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 13.0% in 2011.
How does Sub-Saharan Africa (excluding high income) rank for account, income, poorest 40%?
Sub-Saharan Africa (excluding high income) ranks 10th out of 12 groups with data for 2024.
Is account, income, poorest 40% rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 99.9%. The long-run trend across the full record is rising.
Where does this Sub-Saharan Africa (excluding high 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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Account, income, poorest 40% in Sub-Saharan Africa (excluding high income). Statizoid, drawing on Global Findex database. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 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"), poorest 40% (% ages 15+)