Bank or similar financial institution account, poorest 40% in India

India: Bank or similar financial institution account, poorest 40% was 86.3% in 2024. ▲ Rising

Latest (2024)
86.3%
Change on year
up 10.4%
World rank
31st
of 102 countries
All-time high
86.3%
in 2024
All-time low
27.0%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in India, 2011–2024

204060802011201720242011: 27 % age 15+2014: 43.5 % age 15+2017: 77.1 % age 15+2021: 78.1 % age 15+2024: 86.3 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

India recorded 86.3% for bank or similar financial institution account, poorest 40% in 2024. That is the highest value across all 5 years on record.

That represents a change of up 10.4% on the previous year and up 98.4% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in India peaked at 86.3% in 2024 and was at its lowest, 27.0%, in 2011.

That places India 31st out of 102 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, poorest 40% in India, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in India, 2011 to 2024.
Year % age 15+ Change
2011 27.0%
2014 43.5% +61.2%
2017 77.1% +77.3%
2021 78.1% +1.4%
2024 86.3% +10.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.2% 27.0% 77.1% 3
2020s 82.2% 78.1% 86.3% 2

Countries ranked near India

  1. 28 Croatia 87.6% compare
  2. 29 Slovakia 87.0% compare
  3. 30 Iran, Islamic Republic of 86.9% compare
  4. 32 Mauritius 86.1% compare
  5. 33 Czechia 85.6% compare
  6. 34 Venezuela, Bolivarian Republic of 83.7% compare

See the full ranking of 114 places →

More reference data data for India

All data for India →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in India?
Bank or similar financial institution account, poorest 40% in India was 86.3% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in India?
The highest recorded value was 86.3% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in India?
The lowest recorded value was 27.0% in 2011.
How does India rank for bank or similar financial institution account, poorest 40%?
India ranks 31st out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in India?
Over the last ten years it is up 98.4%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in India. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/india/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed