Bank or similar financial institution account in Low & middle income
Low & middle income: Bank or similar financial institution account was 71.3% in 2024. ▲ Rising
Bank or similar financial institution account in Low & middle income, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, bank or similar financial institution account in Low & middle income stood at 71.3%. That is the highest value across all 5 years on record.
That represents a change of up 7.9% on the previous year and up 32.7% over ten years.
Over the whole period, bank or similar financial institution account in Low & middle income peaked at 71.3% in 2024 and was at its lowest, 41.6%, in 2011.
Bank or similar financial institution account in Low & middle income, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 41.6% | — |
| 2014 | 53.7% | +29.1% |
| 2017 | 62.2% | +15.8% |
| 2021 | 66.1% | +6.3% |
| 2024 | 71.3% | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 52.5% | 41.6% | 62.2% | 3 |
| 2020s | 68.7% | 66.1% | 71.3% | 2 |
Countries ranked near Low & middle income
More reference data data for Low & middle income
- School age population, one year before than official primary entry 119.71 million number (2019)
- School age population, one year before than official primary entry 57.86 million number (2019)
- School age population, one year before than official primary entry 61.84 million number (2019)
- School life expectancy, primary, both sexes 5.72 years (2019)
- School life expectancy, primary, female 5.66 years (2019)
- School life expectancy, primary, male 5.79 years (2019)
- Share of all students in secondary education enrolled in general 90.6% (2019)
- School life expectancy, pre-primary, both sexes 1.54 years (2019)
- Gross enrolment ratio for tertiary education, adjusted gender parity 1.11 GPIA (2019)
- Teachers in primary education, male 9.78 million number (2019)
Frequently asked questions
- What is bank or similar financial institution account in Low & middle income?
- Bank or similar financial institution account in Low & middle income was 71.3% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in Low & middle income?
- The highest recorded value was 71.3% in 2024.
- What is the lowest bank or similar financial institution account recorded in Low & middle income?
- The lowest recorded value was 41.6% in 2011.
- How does Low & middle income rank for bank or similar financial institution account?
- Low & middle income ranks 7th out of 12 groups with data for 2024.
- Is bank or similar financial institution account rising or falling in Low & middle income?
- Over the last ten years it is up 32.7%. The long-run trend across the full record is rising.
- Where does this Low & middle income 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+)