Account, older in South Korea

South Korea: Account, older was 96.7% in 2024. ▬ Flat

Latest (2024)
96.7%
Change on year
down 2.0%
World rank
25th
of 107 countries
All-time high
98.7%
in 2021
All-time low
96.4%
in 2017
Years of data
5
2011–2024

Account, older in South Korea, 2011–2024

0204060801002011201720242011: 96.4 % age 25+2014: 96.9 % age 25+2017: 96.4 % age 25+2021: 98.7 % age 25+2024: 96.7 % age 25+

Source: Global Findex database. Measured in % age 25+.

Analysis

South Korea recorded 96.7% for account, older in 2024.

That represents a change of down 2.0% on the previous year and down 0.2% over ten years.

Over the whole period, account, older in South Korea peaked at 98.7% in 2021 and was at its lowest, 96.4%, in 2017.

South Korea ranks 25th of 107 countries on this measure, in the top quarter.

Account, older in South Korea, year by year

Annual values for Account, older (% age 25+) in South Korea, 2011 to 2024.
Year % age 25+ Change
2011 96.4%
2014 96.9% +0.6%
2017 96.4% -0.6%
2021 98.7% +2.4%
2024 96.7% -2.0%

South Korea compared with similar countries

  • South Korea's 96.7% is below the median for high income countries, which is 97.7%, 99% of the median. (42 countries reporting)
  • South Korea's 96.7% is above the median for East Asia & Pacific, which is 96.7%, 1.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 96.6% 96.4% 96.9% 3
2020s 97.7% 96.7% 98.7% 2

Countries ranked near South Korea

  1. 22 Croatia 97.8% compare
  2. 23 Israel 97.7% compare
  3. 24 Hong Kong 97.4% compare
  4. 26 Taiwan 96.6% compare
  5. 27 Malta 96.6% compare
  6. 28 Cyprus 96.3% compare

See the full ranking of 119 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is account, older in South Korea?
Account, older in South Korea was 96.7% in 2024, according to Global Findex database.
What is the highest account, older recorded in South Korea?
The highest recorded value was 98.7% in 2021.
What is the lowest account, older recorded in South Korea?
The lowest recorded value was 96.4% in 2017.
How does South Korea rank for account, older?
South Korea ranks 25th out of 107 countries with data for 2024.
Is account, older rising or falling in South Korea?
Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
Where does this South Korea data come from?
The figures come from Global Findex database, published as part of Account, older (% age 25+). Statizoid updates them automatically from the source API.

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Account, older in South Korea. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-older-percent-age-25/korea-rep/

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About this data

Indicator
Account, older (% age 25+)
Unit
% age 25+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 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"), older (% age 25+)