Bank or similar financial institution account, in laborforce in Australia

Australia: Bank or similar financial institution account, in laborforce was 98.7% in 2024. ▬ Flat

Latest (2024)
98.7%
Change on year
down 1.3%
World rank
19th
of 98 countries
All-time high
100.0%
in 2017
All-time low
98.7%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Australia, 2011–2024

0204060801002011201720242011: 99.7 % age 15+2014: 99.5 % age 15+2017: 100 % age 15+2021: 100 % age 15+2024: 98.7 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, in laborforce in Australia is 98.7%, measured in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 1.3% on the previous year and down 0.8% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Australia peaked at 100.0% in 2017 and was at its lowest, 98.7%, in 2024.

Australia ranks 19th of 98 countries on this measure, in the top quarter.

Bank or similar financial institution account, in laborforce in Australia, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Australia, 2011 to 2024.
Year % age 15+ Change
2011 99.7%
2014 99.5% -0.2%
2017 100.0% +0.5%
2021 100.0% +0.0%
2024 98.7% -1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.7% 99.5% 100.0% 3
2020s 99.3% 98.7% 100.0% 2

Countries ranked near Australia

  1. 16 Mongolia 98.9% compare
  2. 17 Denmark 98.8% compare
  3. 18 Estonia 98.7% compare
  4. 20 Ireland 98.6% compare
  5. 21 United States 98.5% compare
  6. 22 Sweden 98.5% compare

See the full ranking of 110 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Australia?
Bank or similar financial institution account, in laborforce in Australia was 98.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Australia?
The highest recorded value was 100.0% in 2017.
What is the lowest bank or similar financial institution account, in laborforce recorded in Australia?
The lowest recorded value was 98.7% in 2024.
How does Australia rank for bank or similar financial institution account, in laborforce?
Australia ranks 19th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Australia?
Over the last ten years it is down 0.8%. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Australia. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/australia/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed