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

Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, older was 43.7% in 2024. ▲ Rising

Latest (2024)
43.7%
Change on year
up 10.9%
Rank
11th
of 12 groups
All-time high
43.7%
in 2024
All-time low
26.8%
in 2011
Years of data
5
2011–2024

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

0102030402011201720242011: 26.8 % age 25+2014: 33.2 % age 25+2017: 36.2 % age 25+2021: 39.4 % age 25+2024: 43.7 % age 25+

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

Analysis

Sub-Saharan Africa (excluding high income) recorded 43.7% for bank or similar financial institution account, older in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 10.9% on the previous year and up 31.7% over ten years.

Over the whole period, bank or similar financial institution account, older in Sub-Saharan Africa (excluding high income) peaked at 43.7% in 2024 and was at its lowest, 26.8%, in 2011.

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

Annual values for Bank or similar financial institution account, older (% age 25+) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % age 25+ Change
2011 26.8%
2014 33.2% +23.8%
2017 36.2% +9.0%
2021 39.4% +8.9%
2024 43.7% +10.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.0% 26.8% 36.2% 3
2020s 41.5% 39.4% 43.7% 2

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

  1. 8 Mongolia 98.9% compare
  2. 9 Lithuania 98.9% compare
  3. 10 United States of America 98.8% compare
  4. 11 Denmark 98.8% compare
  5. 12 Slovenia 98.8% compare
  6. 13 Japan 98.7% compare
  7. 14 New Zealand 98.4% compare

See the full ranking of 118 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, older in Sub-Saharan Africa (excluding high income)?
Bank or similar financial institution account, older in Sub-Saharan Africa (excluding high income) was 43.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 43.7% in 2024.
What is the lowest bank or similar financial institution account, older recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 26.8% in 2011.
How does Sub-Saharan Africa (excluding high income) rank for bank or similar financial institution account, older?
Sub-Saharan Africa (excluding high income) ranks 11th out of 12 groups with data for 2024.
Is bank or similar financial institution account, older rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 31.7%. 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, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Sub-Saharan Africa (excluding high income). Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/sub-saharan-africa-excluding-high-income/

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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