Bank or similar financial institution account, poorest 40% in Russian Federation

Russian Federation: Bank or similar financial institution account, poorest 40% was 70.4% in 2024. ▲ Rising

Latest (2024)
70.4%
Change on year
down 16.9%
World rank
54th
of 102 countries
All-time high
84.7%
in 2021
All-time low
40.4%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 40.4 % age 15+2014: 63.2 % age 15+2017: 70.2 % age 15+2021: 84.7 % age 15+2024: 70.4 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, poorest 40% in Russian Federation stood at 70.4%.

That represents a change of down 16.9% on the previous year and up 11.4% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Russian Federation peaked at 84.7% in 2021 and was at its lowest, 40.4%, in 2011.

Russian Federation ranks 54th of 102 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Russian Federation, 2011 to 2024.
Year % age 15+ Change
2011 40.4%
2014 63.2% +56.5%
2017 70.2% +11.1%
2021 84.7% +20.6%
2024 70.4% -16.9%

Russian Federation compared with similar countries

  • Russian Federation's 70.4% is below the median for high income countries, which is 94.2%, 75% of the median. (40 countries reporting)
  • Russian Federation's 70.4% is below the median for Europe & Central Asia, which is 83.9%, 84% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 57.9% 40.4% 70.2% 3
2020s 77.5% 70.4% 84.7% 2

Countries ranked near Russian Federation

  1. 51 Saudi Arabia 74.0% compare
  2. 52 South Africa 72.0% compare
  3. 53 Bosnia and Herzegovina 70.4% compare
  4. 55 Georgia 69.1% compare
  5. 56 Kosovo 66.7% compare
  6. 56 Kosovo (UNSCR 1244) 66.7% compare

See the full ranking of 114 places →

More reference data data for Russian Federation

All data for Russian Federation →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Russian Federation?
Bank or similar financial institution account, poorest 40% in Russian Federation was 70.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Russian Federation?
The highest recorded value was 84.7% in 2021.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Russian Federation?
The lowest recorded value was 40.4% in 2011.
How does Russian Federation rank for bank or similar financial institution account, poorest 40%?
Russian Federation ranks 54th out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Russian Federation?
Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
Where does this Russian Federation 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.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account, poorest 40% in Russian Federation. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/russian-federation/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/russian-federation/">Bank or similar financial institution account, poorest 40% in Russian Federation</a> — Statizoid

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