Account, young in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Account, young was 48.2% in 2024. ▲ Rising

Latest (2024)
48.2%
Change on year
up 10.3%
Rank
9th
of 11 groups
All-time high
48.2%
in 2024
All-time low
16.6%
in 2011
Years of data
5
2011–2024

Account, young in Sub-Saharan Africa (excluding high income), 2011–2024

203040502011201720242011: 16.6 % ages 15-242014: 25.8 % ages 15-242017: 37.1 % ages 15-242021: 43.6 % ages 15-242024: 48.2 % ages 15-24

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

Analysis

Sub-Saharan Africa (excluding high income) recorded 48.2% for account, young in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 10.3% on the previous year and up 86.7% over ten years.

Over the whole period, account, young in Sub-Saharan Africa (excluding high income) peaked at 48.2% in 2024 and was at its lowest, 16.6%, in 2011.

Account, young in Sub-Saharan Africa (excluding high income), year by year

Annual values for Account, young (% ages 15-24) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % ages 15-24 Change
2011 16.6%
2014 25.8% +55.2%
2017 37.1% +43.7%
2021 43.6% +17.7%
2024 48.2% +10.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 26.5% 16.6% 37.1% 3
2020s 45.9% 43.6% 48.2% 2

Countries ranked near Sub-Saharan Africa (excluding high income)

  1. 9 Singapore 98.9% compare
  2. 10 Australia 98.7% compare
  3. 11 Finland 98.6% compare
  4. 12 Slovenia 98.6% compare

See the full ranking of 119 places →

More reference data data for Sub-Saharan Africa (excluding high income)

All data for Sub-Saharan Africa (excluding high income) →

Frequently asked questions

What is account, young in Sub-Saharan Africa (excluding high income)?
Account, young in Sub-Saharan Africa (excluding high income) was 48.2% in 2024, according to Global Findex database.
What is the highest account, young recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 48.2% in 2024.
What is the lowest account, young recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 16.6% in 2011.
How does Sub-Saharan Africa (excluding high income) rank for account, young?
Sub-Saharan Africa (excluding high income) ranks 9th out of 11 groups with data for 2024.
Is account, young rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 86.7%. The long-run trend across the full record is rising.
Where does this Sub-Saharan Africa (excluding high income) 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.

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Account, young in Sub-Saharan Africa (excluding high income). Statizoid, drawing on Global Findex database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/account-young-percent-ages-15-24/sub-saharan-africa-excluding-high-income/

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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
119 places, 595 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)