Bank or similar financial institution account, in laborforce in Russian Federation

Russian Federation: Bank or similar financial institution account, in laborforce was 84.6% in 2024. ▲ Rising

Latest (2024)
84.6%
Change on year
down 7.9%
World rank
51st
of 98 countries
All-time high
91.9%
in 2021
All-time low
56.8%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 56.8 % age 15+2014: 77.4 % age 15+2017: 82.5 % age 15+2021: 91.9 % age 15+2024: 84.6 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, in laborforce in Russian Federation stood at 84.6%.

Compared with earlier readings it is down 7.9% on the previous year and up 9.3% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Russian Federation peaked at 91.9% in 2021 and was at its lowest, 56.8%, in 2011.

That places Russian Federation 51st out of 98 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, in laborforce in Russian Federation, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Russian Federation, 2011 to 2024.
Year % age 15+ Change
2011 56.8%
2014 77.4% +36.1%
2017 82.5% +6.6%
2021 91.9% +11.4%
2024 84.6% -7.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 72.2% 56.8% 82.5% 3
2020s 88.2% 84.6% 91.9% 2

Countries ranked near Russian Federation

  1. 48 Venezuela, Bolivarian Republic of 87.3% compare
  2. 49 Sri Lanka 85.7% compare
  3. 50 Romania 85.6% compare
  4. 52 Kosovo 83.9% compare
  5. 52 Kosovo (UNSCR 1244) 83.9% compare
  6. 54 South Africa 83.7% compare

See the full ranking of 110 places →

More reference data data for Russian Federation

All data for Russian Federation →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Russian Federation?
Bank or similar financial institution account, in laborforce in Russian Federation was 84.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Russian Federation?
The highest recorded value was 91.9% in 2021.
What is the lowest bank or similar financial institution account, in laborforce recorded in Russian Federation?
The lowest recorded value was 56.8% in 2011.
How does Russian Federation rank for bank or similar financial institution account, in laborforce?
Russian Federation ranks 51st out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Russian Federation?
Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
Where does this Russian Federation 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 Russian Federation. Statizoid. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/russian-federation/

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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