Bank or similar financial institution account in Russia

Russia: Bank or similar financial institution account was 79.2% in 2024. ▲ Rising

Latest (2024)
79.2%
Change on year
down 10.7%
World rank
52nd
of 115 countries
All-time high
88.7%
in 2021
All-time low
48.2%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 48.2 % age 15+2014: 67.4 % age 15+2017: 75.8 % age 15+2021: 88.7 % age 15+2024: 79.2 % age 15+

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

Analysis

Russia recorded 79.2% for bank or similar financial institution account in 2024.

Compared with earlier readings it is down 10.7% on the previous year and up 17.6% over ten years.

Over the whole period, bank or similar financial institution account in Russia peaked at 88.7% in 2021 and was at its lowest, 48.2%, in 2011.

That places Russia 52nd out of 115 countries with data for 2024, putting it in the middle of the range.

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

Annual values for Bank or similar financial institution account (% age 15+) in Russia, 2011 to 2024.
Year % age 15+ Change
2011 48.2%
2014 67.4% +39.9%
2017 75.8% +12.4%
2021 88.7% +17.1%
2024 79.2% -10.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 63.8% 48.2% 75.8% 3
2020s 84.0% 79.2% 88.7% 2

Countries ranked near Russia

  1. 49 Serbia 83.3% compare
  2. 50 Turkey 81.5% compare
  3. 51 Sri Lanka 81.2% compare
  4. 53 Georgia 78.8% compare
  5. 54 South Africa 78.4% compare
  6. 55 Saudi Arabia 78.0% compare

See the full ranking of 127 places →

More reference data data for Russia

All data for Russia →

Frequently asked questions

What is bank or similar financial institution account in Russia?
Bank or similar financial institution account in Russia was 79.2% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Russia?
The highest recorded value was 88.7% in 2021.
What is the lowest bank or similar financial institution account recorded in Russia?
The lowest recorded value was 48.2% in 2011.
How does Russia rank for bank or similar financial institution account?
Russia ranks 52nd out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Russia?
Over the last ten years it is up 17.6%. The long-run trend across the full record is rising.
Where does this Russia 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 Russia. Statizoid, drawing on Global Findex Database. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/russian-federation/

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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+)