Bank or similar financial institution account, out of laborforce in Low & middle income

Low & middle income: Bank or similar financial institution account, out of laborforce was 55.6% in 2024. ▲ Rising

Latest (2024)
55.6%
Change on year
up 4.6%
Rank
8th
of 12 groups
All-time high
55.6%
in 2024
All-time low
29.0%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Low & middle income, 2011–2024

02040602011201720242011: 29 % age 15+2014: 39.8 % age 15+2017: 53.5 % age 15+2021: 53.1 % age 15+2024: 55.6 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Low & middle income is 55.6%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 4.6% on the previous year and up 39.5% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Low & middle income peaked at 55.6% in 2024 and was at its lowest, 29.0%, in 2011.

Bank or similar financial institution account, out of laborforce in Low & middle income, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Low & middle income, 2011 to 2024.
Year % age 15+ Change
2011 29.0%
2014 39.8% +37.2%
2017 53.5% +34.4%
2021 53.1% -0.8%
2024 55.6% +4.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.8% 29.0% 53.5% 3
2020s 54.3% 53.1% 55.6% 2

Countries ranked near Low & middle income

  1. 5 Sweden 98.7% compare
  2. 6 United Kingdom of Great Britain and Northern Ireland 98.7% compare
  3. 7 Lithuania 98.7% compare
  4. 8 Denmark 98.4% compare
  5. 9 Netherlands 98.3% compare
  6. 10 Slovenia 98.1% compare
  7. 11 Ireland 97.9% compare

See the full ranking of 110 places →

More reference data data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Low & middle income?
Bank or similar financial institution account, out of laborforce in Low & middle income was 55.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Low & middle income?
The highest recorded value was 55.6% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Low & middle income?
The lowest recorded value was 29.0% in 2011.
How does Low & middle income rank for bank or similar financial institution account, out of laborforce?
Low & middle income ranks 8th out of 12 groups with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Low & middle income?
Over the last ten years it is up 39.5%. The long-run trend across the full record is rising.
Where does this Low & middle income 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 Low & middle income. Statizoid. Retrieved 12 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/low-and-middle-income/

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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