Bank or similar financial institution account, out of laborforce in Colombia

Colombia: Bank or similar financial institution account, out of laborforce was 29.3% in 2024. ▲ Rising

Latest (2024)
29.3%
Change on year
down 30.7%
World rank
76th
of 98 countries
All-time high
42.3%
in 2021
All-time low
15.1%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Colombia, 2011–2024

0102030402011201720242011: 15.1 % age 15+2014: 25.2 % age 15+2017: 32.4 % age 15+2021: 42.3 % age 15+2024: 29.3 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, out of laborforce in Colombia stood at 29.3%.

That represents a change of down 30.7% on the previous year and up 16.4% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Colombia peaked at 42.3% in 2021 and was at its lowest, 15.1%, in 2011.

Colombia ranks 76th of 98 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, out of laborforce in Colombia, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Colombia, 2011 to 2024.
Year % age 15+ Change
2011 15.1%
2014 25.2% +66.4%
2017 32.4% +28.4%
2021 42.3% +30.8%
2024 29.3% -30.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 24.2% 15.1% 32.4% 3
2020s 35.8% 29.3% 42.3% 2

Countries ranked near Colombia

  1. 73 Palestine, State of 30.0% compare
  2. 74 Botswana 29.8% compare
  3. 75 Guatemala 29.5% compare
  4. 77 El Salvador 29.1% compare
  5. 78 Honduras 26.9% compare
  6. 79 Philippines 25.9% compare

See the full ranking of 110 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Colombia?
Bank or similar financial institution account, out of laborforce in Colombia was 29.3% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Colombia?
The highest recorded value was 42.3% in 2021.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Colombia?
The lowest recorded value was 15.1% in 2011.
How does Colombia rank for bank or similar financial institution account, out of laborforce?
Colombia ranks 76th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Colombia?
Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Colombia. Statizoid. Retrieved 11 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/colombia/

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About this data

Indicator
Bank or similar financial institution account, out of 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