Account in Singapore

Singapore: Account was 98.0% in 2024. ▬ Flat

Latest (2024)
98.0%
Change on year
up 0.4%
World rank
19th
of 118 countries
All-time high
98.2%
in 2011
All-time low
96.4%
in 2014
Years of data
5
2011–2024

Account in Singapore, 2011–2024

0204060801002011201720242011: 98.2 % age 15+2014: 96.4 % age 15+2017: 97.9 % age 15+2021: 97.5 % age 15+2024: 98 % age 15+

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

Analysis

The most recent figure for account in Singapore is 98.0%, measured in 2024.

The figure is up 0.4% on the previous year and up 1.7% over ten years.

Over the whole period, account in Singapore peaked at 98.2% in 2011 and was at its lowest, 96.4%, in 2014.

Singapore ranks 19th of 118 countries on this measure, in the top quarter.

Account in Singapore, year by year

Annual values for Account (% age 15+) in Singapore, 2011 to 2024.
Year % age 15+ Change
2011 98.2%
2014 96.4% -1.9%
2017 97.9% +1.6%
2021 97.5% -0.4%
2024 98.0% +0.4%

Singapore compared with similar countries

  • Singapore's 98.0% is above the median for high income countries, which is 97.0%, 1.0× the median. (42 countries reporting)
  • Singapore's 98.0% is above the median for East Asia & Pacific, which is 94.4%, 1.0× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.5% 96.4% 98.2% 3
2020s 97.8% 97.5% 98.0% 2

Countries ranked near Singapore

  1. 16 Mongolia 98.3% compare
  2. 17 Belgium 98.2% compare
  3. 18 Australia 98.0% compare
  4. 20 New Zealand 97.9% compare
  5. 21 Hong Kong 97.3% compare
  6. 22 United States 97.0% compare

See the full ranking of 130 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is account in Singapore?
Account in Singapore was 98.0% in 2024, according to Global Findex Database.
What is the highest account recorded in Singapore?
The highest recorded value was 98.2% in 2011.
What is the lowest account recorded in Singapore?
The lowest recorded value was 96.4% in 2014.
How does Singapore rank for account?
Singapore ranks 19th out of 118 countries with data for 2024.
Is account rising or falling in Singapore?
Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
Where does this Singapore 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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Account in Singapore. Statizoid, drawing on Global Findex Database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-percent-age-15/singapore/

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About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
130 places, 650 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 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+)