Bank or similar financial institution account, poorest 40% in Low & middle income

Low & middle income: Bank or similar financial institution account, poorest 40% was 64.7% in 2024. ▲ Rising

Latest (2024)
64.7%
Change on year
up 6.0%
Rank
7th
of 12 groups
All-time high
64.7%
in 2024
All-time low
29.9%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Low & middle income, 2011–2024

02040602011201720242011: 29.9 % age 15+2014: 45.7 % age 15+2017: 54.2 % age 15+2021: 61 % age 15+2024: 64.7 % age 15+

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

Analysis

Low & middle income recorded 64.7% 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 6.0% on the previous year and up 41.7% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Low & middle income peaked at 64.7% in 2024 and was at its lowest, 29.9%, in 2011.

Bank or similar financial institution account, poorest 40% in Low & middle income, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Low & middle income, 2011 to 2024.
Year % age 15+ Change
2011 29.9%
2014 45.7% +52.6%
2017 54.2% +18.8%
2021 61.0% +12.5%
2024 64.7% +6.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 43.3% 29.9% 54.2% 3
2020s 62.9% 61.0% 64.7% 2

Countries ranked near Low & middle income

  1. 4 Ireland 99.0% compare
  2. 5 Spain 98.8% compare
  3. 6 Belgium 98.7% compare
  4. 7 France 98.7% compare
  5. 8 Canada 98.6% compare
  6. 9 Germany 98.6% compare
  7. 10 Netherlands 98.3% compare

See the full ranking of 114 places →

More reference data data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Low & middle income?
Bank or similar financial institution account, poorest 40% in Low & middle income was 64.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Low & middle income?
The highest recorded value was 64.7% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Low & middle income?
The lowest recorded value was 29.9% in 2011.
How does Low & middle income rank for bank or similar financial institution account, poorest 40%?
Low & middle income ranks 7th out of 12 groups with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Low & middle income?
Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
Where does this Low & middle income 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 Low & middle income. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/low-and-middle-income/

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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