Bank or similar financial institution account, in laborforce in India

India: Bank or similar financial institution account, in laborforce was 90.9% in 2024. ▲ Rising

Latest (2024)
90.9%
Change on year
up 11.5%
World rank
45th
of 98 countries
All-time high
90.9%
in 2024
All-time low
44.2%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 44.2 % age 15+2014: 64.2 % age 15+2017: 84.5 % age 15+2021: 81.5 % age 15+2024: 90.9 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, in laborforce in India is 90.9%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 11.5% on the previous year and up 41.5% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in India peaked at 90.9% in 2024 and was at its lowest, 44.2%, in 2011.

India ranks 45th of 98 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in India, 2011 to 2024.
Year % age 15+ Change
2011 44.2%
2014 64.2% +45.2%
2017 84.5% +31.6%
2021 81.5% -3.5%
2024 90.9% +11.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 64.3% 44.2% 84.5% 3
2020s 86.2% 81.5% 90.9% 2

Countries ranked near India

  1. 42 Malaysia 91.6% compare
  2. 43 Kazakhstan 91.6% compare
  3. 44 Brazil 91.0% compare
  4. 46 Ukraine 90.8% compare
  5. 47 Chile 90.2% compare
  6. 48 Venezuela, Bolivarian Republic of 87.3% compare

See the full ranking of 110 places →

More reference data data for India

All data for India →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in India?
Bank or similar financial institution account, in laborforce in India was 90.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in India?
The highest recorded value was 90.9% in 2024.
What is the lowest bank or similar financial institution account, in laborforce recorded in India?
The lowest recorded value was 44.2% in 2011.
How does India rank for bank or similar financial institution account, in laborforce?
India ranks 45th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in India?
Over the last ten years it is up 41.5%. The long-run trend across the full record is rising.
Where does this India 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 India. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/india/

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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