Bank or similar financial institution account in South Korea
South Korea: Bank or similar financial institution account was 96.7% in 2024. ▬ Flat
Bank or similar financial institution account in South Korea, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for bank or similar financial institution account in South Korea is 96.7%, measured in 2024.
Compared with earlier readings it is down 2.0% on the previous year and up 2.5% over ten years.
Over the whole period, bank or similar financial institution account in South Korea peaked at 98.7% in 2021 and was at its lowest, 93.0%, in 2011.
South Korea ranks 23rd of 115 countries on this measure, in the top quarter.
Bank or similar financial institution account in South Korea, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 93.0% | — |
| 2014 | 94.4% | +1.4% |
| 2017 | 94.9% | +0.5% |
| 2021 | 98.7% | +4.0% |
| 2024 | 96.7% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 94.1% | 93.0% | 94.9% | 3 |
| 2020s | 97.7% | 96.7% | 98.7% | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is bank or similar financial institution account in South Korea?
- Bank or similar financial institution account in South Korea was 96.7% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in South Korea?
- The highest recorded value was 98.7% in 2021.
- What is the lowest bank or similar financial institution account recorded in South Korea?
- The lowest recorded value was 93.0% in 2011.
- How does South Korea rank for bank or similar financial institution account?
- South Korea ranks 23rd out of 115 countries with data for 2024.
- Is bank or similar financial institution account rising or falling in South Korea?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is flat.
- Where does this South Korea 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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About this data
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+)