Account, out of labor force in Lower middle income
Lower middle income: Account, out of labor force was 61.2% in 2024. ▲ Rising
Account, out of labor force in Lower middle income, 2011–2024
Source: Global Findex database. Measured in % age 15+.
Analysis
In 2024, account, out of labor force in Lower middle income stood at 61.2%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 79.0% over ten years.
Over the whole period, account, out of labor force in Lower middle income peaked at 61.2% in 2024 and was at its lowest, 23.1%, in 2011.
Account, out of labor force in Lower middle income, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 23.1% | — |
| 2014 | 34.2% | +47.7% |
| 2017 | 54.6% | +59.8% |
| 2021 | 57.0% | +4.3% |
| 2024 | 61.2% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 37.3% | 23.1% | 54.6% | 3 |
| 2020s | 59.1% | 57.0% | 61.2% | 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, out of labor force in Lower middle income?
- Account, out of labor force in Lower middle income was 61.2% in 2024, according to Global Findex database.
- What is the highest account, out of labor force recorded in Lower middle income?
- The highest recorded value was 61.2% in 2024.
- What is the lowest account, out of labor force recorded in Lower middle income?
- The lowest recorded value was 23.1% in 2011.
- How does Lower middle income rank for account, out of labor force?
- Lower middle income ranks 5th out of 11 groups with data for 2024.
- Is account, out of labor force rising or falling in Lower middle income?
- Over the last ten years it is up 79.0%. 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, out of labor force (% age 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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"), out of labor force (% age 15+)