Account, young in Australia

Australia: Account, young was 98.7% in 2024. ▬ Flat

Latest (2024)
98.7%
Change on year
down 1.3%
World rank
10th
of 105 countries
All-time high
100.0%
in 2017
All-time low
94.8%
in 2014
Years of data
5
2011–2024

Account, young in Australia, 2011–2024

0204060801002011201720242011: 98.8 % ages 15-242014: 94.8 % ages 15-242017: 100 % ages 15-242021: 100 % ages 15-242024: 98.7 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

Australia recorded 98.7% for account, young in 2024.

The figure is down 1.3% on the previous year and up 4.2% over ten years.

Over the whole period, account, young in Australia peaked at 100.0% in 2017 and was at its lowest, 94.8%, in 2014.

Australia ranks 10th of 105 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 97.8% 94.8% 100.0% 3
2020s 99.4% 98.7% 100.0% 2

Countries ranked near Australia

  1. 9 Singapore 98.9% compare
  2. 11 Finland 98.6% compare
  3. 12 Slovenia 98.6% compare

See the full ranking of 118 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is account, young in Australia?
Account, young in Australia was 98.7% in 2024, according to Global Findex database.
What is the highest account, young recorded in Australia?
The highest recorded value was 100.0% in 2017.
What is the lowest account, young recorded in Australia?
The lowest recorded value was 94.8% in 2014.
How does Australia rank for account, young?
Australia ranks 10th out of 105 countries with data for 2024.
Is account, young rising or falling in Australia?
Over the last ten years it is up 4.2%. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from Global Findex database, published as part of Account, young (% ages 15-24). 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

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
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"), young (% ages 15-24)