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

Zambia: Bank or similar financial institution account, out of laborforce was 17.8% in 2024. ▲ Rising

Latest (2024)
17.8%
Change on year
up 16.3%
World rank
87th
of 98 countries
All-time high
29.2%
in 2017
All-time low
7.2%
in 2011
Years of data
5
2011–2024

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

510152025302011201720242011: 7.2 % age 15+2014: 23.2 % age 15+2017: 29.2 % age 15+2021: 15.3 % age 15+2024: 17.8 % age 15+

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

Analysis

Zambia recorded 17.8% for bank or similar financial institution account, out of laborforce in 2024.

The figure is up 16.3% on the previous year and down 23.2% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Zambia peaked at 29.2% in 2017 and was at its lowest, 7.2%, in 2011.

Zambia ranks 87th of 98 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Zambia, 2011 to 2024.
Year % age 15+ Change
2011 7.2%
2014 23.2% +221.2%
2017 29.2% +26.0%
2021 15.3% -47.6%
2024 17.8% +16.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19.9% 7.2% 29.2% 3
2020s 16.6% 15.3% 17.8% 2

Countries ranked near Zambia

  1. 84 Burkina Faso 22.3% compare
  2. 85 Mauritania 19.3% compare
  3. 86 Iraq 18.2% compare
  4. 88 Uganda 16.7% compare
  5. 89 Nicaragua 15.9% compare
  6. 90 Tanzania, United Republic of 15.0% compare

See the full ranking of 110 places →

More reference data data for Zambia

All data for Zambia →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Zambia?
Bank or similar financial institution account, out of laborforce in Zambia was 17.8% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Zambia?
The highest recorded value was 29.2% in 2017.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Zambia?
The lowest recorded value was 7.2% in 2011.
How does Zambia rank for bank or similar financial institution account, out of laborforce?
Zambia ranks 87th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Zambia?
Over the last ten years it is down 23.2%. The long-run trend across the full record is rising.
Where does this Zambia 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 Zambia. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/zambia/

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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