Bank or similar financial institution account in Burkina Faso

Burkina Faso: Bank or similar financial institution account was 20.5% in 2024. ▲ Rising

Latest (2024)
20.5%
Change on year
down 2.4%
World rank
104th
of 115 countries
All-time high
23.3%
in 2017
All-time low
13.4%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account in Burkina Faso, 2011–2024

05101520252011201720242011: 13.4 % age 15+2014: 13.4 % age 15+2017: 23.3 % age 15+2021: 21.1 % age 15+2024: 20.5 % age 15+

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

Analysis

Burkina Faso recorded 20.5% for bank or similar financial institution account in 2024.

That represents a change of down 2.4% on the previous year and up 53.1% over ten years.

Over the whole period, bank or similar financial institution account in Burkina Faso peaked at 23.3% in 2017 and was at its lowest, 13.4%, in 2011.

Burkina Faso ranks 104th of 115 countries on this measure, in the bottom quarter.

Bank or similar financial institution account in Burkina Faso, year by year

Annual values for Bank or similar financial institution account (% age 15+) in Burkina Faso, 2011 to 2024.
Year % age 15+ Change
2011 13.4%
2014 13.4% +0.5%
2017 23.3% +73.9%
2021 21.1% -9.8%
2024 20.5% -2.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 16.7% 13.4% 23.3% 3
2020s 20.8% 20.5% 21.1% 2

Countries ranked near Burkina Faso

  1. 101 Lebanon 21.6% compare
  2. 102 Nicaragua 21.5% compare
  3. 103 Cameroon 21.0% compare
  4. 105 Benin 19.9% compare
  5. 106 Mali 18.4% compare
  6. 107 Pakistan 18.3% compare

See the full ranking of 127 places →

More reference data data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is bank or similar financial institution account in Burkina Faso?
Bank or similar financial institution account in Burkina Faso was 20.5% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Burkina Faso?
The highest recorded value was 23.3% in 2017.
What is the lowest bank or similar financial institution account recorded in Burkina Faso?
The lowest recorded value was 13.4% in 2011.
How does Burkina Faso rank for bank or similar financial institution account?
Burkina Faso ranks 104th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Burkina Faso?
Over the last ten years it is up 53.1%. The long-run trend across the full record is rising.
Where does this Burkina Faso 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.

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Bank or similar financial institution account in Burkina Faso. Statizoid, drawing on Global Findex Database. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/burkina-faso/

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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+)