Account, primary education or less in South Korea

South Korea: Account, primary education or less was 87.4% in 2024. ▬ Flat

Latest (2024)
87.4%
Change on year
down 8.5%
World rank
25th
of 106 countries
All-time high
95.6%
in 2021
All-time low
83.3%
in 2017
Years of data
5
2011–2024

Account, primary education or less in South Korea, 2011–2024

0204060801002011201720242011: 91.4 % ages 15+2014: 90.7 % ages 15+2017: 83.3 % ages 15+2021: 95.6 % ages 15+2024: 87.4 % ages 15+

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

Analysis

In 2024, account, primary education or less in South Korea stood at 87.4%.

That represents a change of down 8.5% on the previous year and down 3.7% over ten years.

Over the whole period, account, primary education or less in South Korea peaked at 95.6% in 2021 and was at its lowest, 83.3%, in 2017.

That places South Korea 25th out of 106 countries with data for 2024, putting it in the top quarter.

Account, primary education or less in South Korea, year by year

Annual values for Account, primary education or less (% ages 15+) in South Korea, 2011 to 2024.
Year % ages 15+ Change
2011 91.4%
2014 90.7% -0.7%
2017 83.3% -8.2%
2021 95.6% +14.7%
2024 87.4% -8.5%

South Korea compared with similar countries

  • South Korea's 87.4% is below the median for high income countries, which is 87.7%, 100% of the median. (42 countries reporting)
  • South Korea's 87.4% is above the median for East Asia & Pacific, which is 87.4%, 1.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 88.5% 83.3% 91.4% 3
2020s 91.5% 87.4% 95.6% 2

Countries ranked near South Korea

  1. 22 Malta 88.2% compare
  2. 23 Belgium 87.8% compare
  3. 24 Singapore 87.6% compare
  4. 26 India 87.1% compare
  5. 27 Latvia 85.7% compare
  6. 28 China 84.4% compare

See the full ranking of 118 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is account, primary education or less in South Korea?
Account, primary education or less in South Korea was 87.4% in 2024, according to Global Findex database.
What is the highest account, primary education or less recorded in South Korea?
The highest recorded value was 95.6% in 2021.
What is the lowest account, primary education or less recorded in South Korea?
The lowest recorded value was 83.3% in 2017.
How does South Korea rank for account, primary education or less?
South Korea ranks 25th out of 106 countries with data for 2024.
Is account, primary education or less rising or falling in South Korea?
Over the last ten years it is down 3.7%. 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, primary education or less (% ages 15+). Statizoid updates them automatically from the source API.

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Account, primary education or less in South Korea. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-primary-education-or-less-percent-ages-15/korea-rep/

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About this data

Indicator
Account, primary education or less (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 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"), primary education or less (% ages 15+)