Bank or similar financial institution account, in laborforce in Zambia

Zambia: Bank or similar financial institution account, in laborforce was 28.7% in 2024. ▼ Falling

Latest (2024)
28.7%
Change on year
down 0.5%
World rank
90th
of 98 countries
All-time high
41.5%
in 2017
All-time low
28.7%
in 2024
Years of data
5
2011–2024

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

0102030402011201720242011: 36.1 % age 15+2014: 37.7 % age 15+2017: 41.5 % age 15+2021: 28.8 % age 15+2024: 28.7 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, in laborforce in Zambia stood at 28.7%. That is the lowest value across all 5 years on record.

The figure is down 0.5% on the previous year and down 23.9% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Zambia peaked at 41.5% in 2017 and was at its lowest, 28.7%, in 2024.

Zambia ranks 90th of 98 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Zambia, 2011 to 2024.
Year % age 15+ Change
2011 36.1%
2014 37.7% +4.4%
2017 41.5% +10.1%
2021 28.8% -30.6%
2024 28.7% -0.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.4% 36.1% 41.5% 3
2020s 28.7% 28.7% 28.8% 2

Countries ranked near Zambia

  1. 87 Lebanon 34.5% compare
  2. 88 Zimbabwe 33.3% compare
  3. 89 Uganda 28.8% compare
  4. 91 Cameroon 25.0% compare
  5. 92 Benin 24.1% compare
  6. 93 Tanzania, United Republic of 23.8% compare

See the full ranking of 110 places →

More reference data data for Zambia

All data for Zambia →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Zambia?
Bank or similar financial institution account, in laborforce in Zambia was 28.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Zambia?
The highest recorded value was 41.5% in 2017.
What is the lowest bank or similar financial institution account, in laborforce recorded in Zambia?
The lowest recorded value was 28.7% in 2024.
How does Zambia rank for bank or similar financial institution account, in laborforce?
Zambia ranks 90th out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Zambia?
Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
Where does this Zambia 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 Zambia. Statizoid. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/zambia/

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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