Bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, in laborforce was 40.9% in 2024. ▲ Rising

Latest (2024)
40.9%
Change on year
up 0.5%
Rank
11th
of 12 groups
All-time high
40.9%
in 2024
All-time low
27.9%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income), 2011–2024

0102030402011201720242011: 27.9 % age 15+2014: 33.6 % age 15+2017: 37 % age 15+2021: 40.6 % age 15+2024: 40.9 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income) is 40.9%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 0.5% on the previous year and up 21.4% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income) peaked at 40.9% in 2024 and was at its lowest, 27.9%, in 2011.

Bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income), year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % age 15+ Change
2011 27.9%
2014 33.6% +20.6%
2017 37.0% +10.1%
2021 40.6% +9.8%
2024 40.9% +0.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.9% 27.9% 37.0% 3
2020s 40.7% 40.6% 40.9% 2

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

  1. 8 Hong Kong, China 99.3% compare
  2. 9 Slovenia 99.3% compare
  3. 10 Croatia 99.2% compare
  4. 11 Lithuania 99.2% compare
  5. 12 Slovakia 99.0% compare
  6. 13 New Zealand 99.0% compare
  7. 14 Canada 98.9% compare

See the full ranking of 110 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 bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income)?
Bank or similar financial institution account, in laborforce in Sub-Saharan Africa (excluding high income) was 40.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 40.9% in 2024.
What is the lowest bank or similar financial institution account, in laborforce recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 27.9% in 2011.
How does Sub-Saharan Africa (excluding high income) rank for bank or similar financial institution account, in laborforce?
Sub-Saharan Africa (excluding high income) ranks 11th out of 12 groups with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 21.4%. 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 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 Sub-Saharan Africa (excluding high income). Statizoid. Retrieved 14 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/sub-saharan-africa-excluding-high-income/

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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