Bank or similar financial institution account in Zambia

Zambia: Bank or similar financial institution account was 24.1% in 2024. ▼ Falling

Latest (2024)
24.1%
Change on year
up 1.0%
World rank
98th
of 115 countries
All-time high
35.8%
in 2017
All-time low
21.4%
in 2011
Years of data
5
2011–2024

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

0102030402011201720242011: 21.4 % age 15+2014: 31.3 % age 15+2017: 35.8 % age 15+2021: 23.8 % age 15+2024: 24.1 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account in Zambia is 24.1%, measured in 2024.

Compared with earlier readings it is up 1.0% on the previous year and down 23.1% over ten years.

Over the whole period, bank or similar financial institution account in Zambia peaked at 35.8% in 2017 and was at its lowest, 21.4%, in 2011.

That places Zambia 98th out of 115 countries with data for 2024, putting it in the bottom quarter.

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

Annual values for Bank or similar financial institution account (% age 15+) in Zambia, 2011 to 2024.
Year % age 15+ Change
2011 21.4%
2014 31.3% +46.5%
2017 35.8% +14.5%
2021 23.8% -33.5%
2024 24.1% +1.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.5% 21.4% 35.8% 3
2020s 24.0% 23.8% 24.1% 2

Countries ranked near Zambia

  1. 95 Mauritania 27.3% compare
  2. 96 Uganda 26.2% compare
  3. 97 Gabon 24.8% compare
  4. 99 Tanzania, United Republic of 21.9% compare
  5. 100 Zimbabwe 21.6% compare
  6. 101 Lebanon 21.6% compare

See the full ranking of 127 places →

More reference data data for Zambia

All data for Zambia →

Frequently asked questions

What is bank or similar financial institution account in Zambia?
Bank or similar financial institution account in Zambia was 24.1% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Zambia?
The highest recorded value was 35.8% in 2017.
What is the lowest bank or similar financial institution account recorded in Zambia?
The lowest recorded value was 21.4% in 2011.
How does Zambia rank for bank or similar financial institution account?
Zambia ranks 98th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Zambia?
Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
Where does this Zambia 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 Zambia. Statizoid, drawing on Global Findex Database. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/zambia/

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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+)