Account in Lower middle income
Lower middle income: Account was 70.4% in 2024. ▲ Rising
Account in Lower middle income, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for account in Lower middle income is 70.4%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 13.3% on the previous year and up 61.3% over ten years.
Over the whole period, account in Lower middle income peaked at 70.4% in 2024 and was at its lowest, 30.5%, in 2011.
Account in Lower middle income, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 30.5% | — |
| 2014 | 43.6% | +43.3% |
| 2017 | 60.0% | +37.5% |
| 2021 | 62.1% | +3.5% |
| 2024 | 70.4% | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 44.7% | 30.5% | 60.0% | 3 |
| 2020s | 66.2% | 62.1% | 70.4% | 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 2,410 (2026)
- CPI Price, nominal, annual growth rate 4.26 % change on previous year (2026)
- CPI Price, nominal, seas. adj. 534.67 (2026)
- CPI Price, nominal, seas. adj., annual growth rate 4.93 % change on previous year (2026)
- School age population, one year before than official primary entry 30.74 million number (2019)
- 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 life expectancy, primary, both sexes 5.41 years (2019)
- School life expectancy, primary, male 5.44 years (2019)
Frequently asked questions
- What is account in Lower middle income?
- Account in Lower middle income was 70.4% in 2024, according to Global Findex Database.
- What is the highest account recorded in Lower middle income?
- The highest recorded value was 70.4% in 2024.
- What is the lowest account recorded in Lower middle income?
- The lowest recorded value was 30.5% in 2011.
- How does Lower middle income rank for account?
- Lower middle income ranks 8th out of 12 groups with data for 2024.
- Is account rising or falling in Lower middle income?
- Over the last ten years it is up 61.3%. 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 (% age 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 similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)