Account, out of labor force in Low & middle income

Low & middle income: Account, out of labor force was 60.2% in 2024. ▲ Rising

Latest (2024)
60.2%
Change on year
up 7.7%
Rank
6th
of 11 groups
All-time high
60.2%
in 2024
All-time low
29.0%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Low & middle income, 2011–2024

02040602011201720242011: 29 % age 15+2014: 40.7 % age 15+2017: 55.1 % age 15+2021: 55.9 % age 15+2024: 60.2 % age 15+

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

Analysis

The most recent figure for account, out of labor force in Low & middle income is 60.2%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 7.7% on the previous year and up 48.0% over ten years.

Over the whole period, account, out of labor force in Low & middle income peaked at 60.2% in 2024 and was at its lowest, 29.0%, in 2011.

Account, out of labor force in Low & middle income, year by year

Annual values for Account, out of labor force (% age 15+) in Low & middle income, 2011 to 2024.
Year % age 15+ Change
2011 29.0%
2014 40.7% +40.1%
2017 55.1% +35.4%
2021 55.9% +1.5%
2024 60.2% +7.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 41.6% 29.0% 55.1% 3
2020s 58.0% 55.9% 60.2% 2

Countries ranked near Low & middle income

  1. 3 Austria 99.0% compare
  2. 4 France 99.0% compare
  3. 5 Sweden 98.7% compare
  4. 6 United Kingdom 98.7% compare
  5. 7 Lithuania 98.7% compare
  6. 8 Denmark 98.4% compare
  7. 9 Netherlands 98.3% compare

See the full ranking of 111 places →

More reference data data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is account, out of labor force in Low & middle income?
Account, out of labor force in Low & middle income was 60.2% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Low & middle income?
The highest recorded value was 60.2% in 2024.
What is the lowest account, out of labor force recorded in Low & middle income?
The lowest recorded value was 29.0% in 2011.
How does Low & middle income rank for account, out of labor force?
Low & middle income ranks 6th out of 11 groups with data for 2024.
Is account, out of labor force rising or falling in Low & middle income?
Over the last ten years it is up 48.0%. The long-run trend across the full record is rising.
Where does this Low & middle income data come from?
The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, out of labor force in Low & middle income. Statizoid, drawing on Global Findex database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/account-out-of-labor-force-percent-age-15/low-and-middle-income/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 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"), out of labor force (% age 15+)