Bank or similar financial institution account, older in Malaysia

Malaysia: Bank or similar financial institution account, older was 88.8% in 2024. ▲ Rising

Latest (2024)
88.8%
Change on year
down 4.0%
World rank
42nd
of 106 countries
All-time high
92.5%
in 2021
All-time low
70.1%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 70.1 % age 25+2014: 82.2 % age 25+2017: 85.6 % age 25+2021: 92.5 % age 25+2024: 88.8 % age 25+

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

Analysis

The most recent figure for bank or similar financial institution account, older in Malaysia is 88.8%, measured in 2024.

Compared with earlier readings it is down 4.0% on the previous year and up 8.0% over ten years.

Over the whole period, bank or similar financial institution account, older in Malaysia peaked at 92.5% in 2021 and was at its lowest, 70.1%, in 2011.

Malaysia ranks 42nd of 106 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, older (% age 25+) in Malaysia, 2011 to 2024.
Year % age 25+ Change
2011 70.1%
2014 82.2% +17.2%
2017 85.6% +4.2%
2021 92.5% +8.0%
2024 88.8% -4.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 79.3% 70.1% 85.6% 3
2020s 90.6% 88.8% 92.5% 2

Countries ranked near Malaysia

  1. 39 Italy 89.6% compare
  2. 40 Mauritius 89.6% compare
  3. 41 China 89.5% compare
  4. 43 Kazakhstan 88.5% compare
  5. 44 North Macedonia 88.4% compare
  6. 45 Poland 87.9% compare

See the full ranking of 118 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is bank or similar financial institution account, older in Malaysia?
Bank or similar financial institution account, older in Malaysia was 88.8% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Malaysia?
The highest recorded value was 92.5% in 2021.
What is the lowest bank or similar financial institution account, older recorded in Malaysia?
The lowest recorded value was 70.1% in 2011.
How does Malaysia rank for bank or similar financial institution account, older?
Malaysia ranks 42nd out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Malaysia?
Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
Where does this Malaysia 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 Malaysia. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/malaysia/

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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