Bank or similar financial institution account, out of laborforce in Russian Federation

Russian Federation: Bank or similar financial institution account, out of laborforce was 71.5% in 2024. ▲ Rising

Latest (2024)
71.5%
Change on year
down 15.3%
World rank
48th
of 98 countries
All-time high
84.4%
in 2021
All-time low
36.0%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 36 % age 15+2014: 48.6 % age 15+2017: 67.3 % age 15+2021: 84.4 % age 15+2024: 71.5 % age 15+

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

Analysis

Russian Federation recorded 71.5% for bank or similar financial institution account, out of laborforce in 2024.

Compared with earlier readings it is down 15.3% on the previous year and up 46.9% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Russian Federation peaked at 84.4% in 2021 and was at its lowest, 36.0%, in 2011.

That places Russian Federation 48th out of 98 countries with data for 2024, putting it in the middle of the range.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Russian Federation, 2011 to 2024.
Year % age 15+ Change
2011 36.0%
2014 48.6% +35.2%
2017 67.3% +38.3%
2021 84.4% +25.4%
2024 71.5% -15.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 50.6% 36.0% 67.3% 3
2020s 77.9% 71.5% 84.4% 2

Countries ranked near Russian Federation

  1. 45 Italy 73.7% compare
  2. 46 Kazakhstan 72.0% compare
  3. 47 Bulgaria 71.7% compare
  4. 49 Türkiye 69.6% compare
  5. 50 Poland 67.8% compare
  6. 51 Saudi Arabia 67.0% compare

See the full ranking of 110 places →

More reference data data for Russian Federation

All data for Russian Federation →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Russian Federation?
Bank or similar financial institution account, out of laborforce in Russian Federation was 71.5% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Russian Federation?
The highest recorded value was 84.4% in 2021.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Russian Federation?
The lowest recorded value was 36.0% in 2011.
How does Russian Federation rank for bank or similar financial institution account, out of laborforce?
Russian Federation ranks 48th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Russian Federation?
Over the last ten years it is up 46.9%. The long-run trend across the full record is rising.
Where does this Russian Federation 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 Russian Federation. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/russian-federation/

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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