Bank or similar financial institution account in Australia

Australia: Bank or similar financial institution account was 98.0% in 2024. ▬ Flat

Latest (2024)
98.0%
Change on year
down 1.3%
World rank
18th
of 115 countries
All-time high
99.5%
in 2017
All-time low
98.0%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account in Australia, 2011–2024

0204060801002011201720242011: 99.1 % age 15+2014: 98.9 % age 15+2017: 99.5 % age 15+2021: 99.3 % age 15+2024: 98 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Australia recorded 98.0% for bank or similar financial institution account in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 1.3% on the previous year and down 0.9% over ten years.

Over the whole period, bank or similar financial institution account in Australia peaked at 99.5% in 2017 and was at its lowest, 98.0%, in 2024.

That places Australia 18th out of 115 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account in Australia, year by year

Annual values for Bank or similar financial institution account (% age 15+) in Australia, 2011 to 2024.
Year % age 15+ Change
2011 99.1%
2014 98.9% -0.2%
2017 99.5% +0.7%
2021 99.3% -0.2%
2024 98.0% -1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.1% 98.9% 99.5% 3
2020s 98.7% 98.0% 99.3% 2

Countries ranked near Australia

  1. 15 Ireland 98.3% compare
  2. 16 Belgium 98.2% compare
  3. 17 Mongolia 98.2% compare
  4. 19 New Zealand 97.9% compare
  5. 20 Singapore 97.8% compare
  6. 21 Hong Kong 97.3% compare

See the full ranking of 127 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is bank or similar financial institution account in Australia?
Bank or similar financial institution account in Australia was 98.0% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Australia?
The highest recorded value was 99.5% in 2017.
What is the lowest bank or similar financial institution account recorded in Australia?
The lowest recorded value was 98.0% in 2024.
How does Australia rank for bank or similar financial institution account?
Australia ranks 18th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Australia?
Over the last ten years it is down 0.9%. The long-run trend across the full record is flat.
Where does this Australia data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account in Australia. Statizoid, drawing on Global Findex Database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/australia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/australia/">Bank or similar financial institution account in Australia</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)