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

Korea: Bank or similar financial institution account, poorest 40% was 94.2% in 2024. ▬ Flat

Latest (2024)
94.2%
Change on year
down 2.8%
World rank
21st
of 102 countries
All-time high
96.9%
in 2021
All-time low
90.3%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 90.3 % age 15+2014: 94.4 % age 15+2017: 92.1 % age 15+2021: 96.9 % age 15+2024: 94.2 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, poorest 40% in Korea stood at 94.2%.

That represents a change of down 2.8% on the previous year and down 0.2% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Korea peaked at 96.9% in 2021 and was at its lowest, 90.3%, in 2011.

Korea ranks 21st of 102 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Korea, 2011 to 2024.
Year % age 15+ Change
2011 90.3%
2014 94.4% +4.4%
2017 92.1% -2.3%
2021 96.9% +5.1%
2024 94.2% -2.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.3% 90.3% 94.4% 3
2020s 95.5% 94.2% 96.9% 2

Countries ranked near Korea

  1. 18 New Zealand 96.8% compare
  2. 19 Sweden 96.6% compare
  3. 20 United States of America 95.6% compare
  4. 22 Cyprus 94.2% compare
  5. 23 Malta 93.4% compare
  6. 24 Latvia 91.6% compare

See the full ranking of 114 places →

More reference data data for Korea

All data for Korea →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Korea?
Bank or similar financial institution account, poorest 40% in Korea was 94.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Korea?
The highest recorded value was 96.9% in 2021.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Korea?
The lowest recorded value was 90.3% in 2011.
How does Korea rank for bank or similar financial institution account, poorest 40%?
Korea ranks 21st out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Korea?
Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
Where does this Korea 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 Korea. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/korea-rep/

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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