Bank or similar financial institution account, older in Australia

Australia: Bank or similar financial institution account, older was 97.9% in 2024. ▬ Flat

Latest (2024)
97.9%
Change on year
down 1.3%
World rank
20th
of 106 countries
All-time high
99.6%
in 2014
All-time low
97.9%
in 2024
Years of data
5
2011–2024

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

0204060801002011201720242011: 99.1 % age 25+2014: 99.6 % age 25+2017: 99.4 % age 25+2021: 99.2 % age 25+2024: 97.9 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

Australia recorded 97.9% for bank or similar financial institution account, older in 2024. That is the lowest value across all 5 years on record.

That represents a change of down 1.3% on the previous year and down 1.7% over ten years.

Over the whole period, bank or similar financial institution account, older in Australia peaked at 99.6% in 2014 and was at its lowest, 97.9%, in 2024.

Australia ranks 20th of 106 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution account, older (% age 25+) in Australia, 2011 to 2024.
Year % age 25+ Change
2011 99.1%
2014 99.6% +0.5%
2017 99.4% -0.2%
2021 99.2% -0.2%
2024 97.9% -1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.4% 99.1% 99.6% 3
2020s 98.6% 97.9% 99.2% 2

Countries ranked near Australia

  1. 17 Ireland 98.3% compare
  2. 18 Canada 98.2% compare
  3. 19 Spain 98.2% compare
  4. 21 Singapore 97.8% compare
  5. 22 Croatia 97.8% compare
  6. 23 Israel 97.7% compare

See the full ranking of 118 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is bank or similar financial institution account, older in Australia?
Bank or similar financial institution account, older in Australia was 97.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Australia?
The highest recorded value was 99.6% in 2014.
What is the lowest bank or similar financial institution account, older recorded in Australia?
The lowest recorded value was 97.9% in 2024.
How does Australia rank for bank or similar financial institution account, older?
Australia ranks 20th out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Australia?
Over the last ten years it is down 1.7%. 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, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Australia. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/australia/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed