Bank or similar financial institution account in Iraq

Iraq: Bank or similar financial institution account was 28.3% in 2024. ▲ Rising

Latest (2024)
28.3%
Change on year
up 79.3%
World rank
94th
of 115 countries
All-time high
28.3%
in 2024
All-time low
10.6%
in 2011
Years of data
5
2011–2024

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

01020302011201720242011: 10.6 % age 15+2014: 11 % age 15+2017: 20.3 % age 15+2021: 15.8 % age 15+2024: 28.3 % age 15+

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

Analysis

Iraq recorded 28.3% for bank or similar financial institution account in 2024. That is the highest value across all 5 years on record.

The figure is up 79.3% on the previous year and up 157.6% over ten years.

Over the whole period, bank or similar financial institution account in Iraq peaked at 28.3% in 2024 and was at its lowest, 10.6%, in 2011.

That places Iraq 94th out of 115 countries with data for 2024, putting it in the bottom quarter.

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

Annual values for Bank or similar financial institution account (% age 15+) in Iraq, 2011 to 2024.
Year % age 15+ Change
2011 10.6%
2014 11.0% +4.0%
2017 20.3% +85.2%
2021 15.8% -22.5%
2024 28.3% +79.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 14.0% 10.6% 20.3% 3
2020s 22.0% 15.8% 28.3% 2

Countries ranked near Iraq

  1. 91 Philippines 33.5% compare
  2. 92 Bangladesh 32.9% compare
  3. 93 Togo 32.4% compare
  4. 95 Mauritania 27.3% compare
  5. 96 Uganda 26.2% compare
  6. 97 Gabon 24.8% compare

See the full ranking of 127 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is bank or similar financial institution account in Iraq?
Bank or similar financial institution account in Iraq was 28.3% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Iraq?
The highest recorded value was 28.3% in 2024.
What is the lowest bank or similar financial institution account recorded in Iraq?
The lowest recorded value was 10.6% in 2011.
How does Iraq rank for bank or similar financial institution account?
Iraq ranks 94th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Iraq?
Over the last ten years it is up 157.6%. The long-run trend across the full record is rising.
Where does this Iraq 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 Iraq. Statizoid, drawing on Global Findex Database. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/iraq/

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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+)