Bank or similar financial institution account, primary education or in Republic of Korea

Republic of Korea: Bank or similar financial institution account, primary education or was 87.4% in 2024. ▬ Flat

Latest (2024)
87.4%
Change on year
down 8.5%
World rank
25th
of 105 countries
All-time high
95.6%
in 2021
All-time low
83.3%
in 2017
Years of data
5
2011–2024

Bank or similar financial institution account, primary education or in Republic of Korea, 2011–2024

0204060801002011201720242011: 91.4 % age 15+2014: 90.7 % age 15+2017: 83.3 % age 15+2021: 95.6 % age 15+2024: 87.4 % age 15+

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

Analysis

Republic of Korea recorded 87.4% for bank or similar financial institution account, primary education or in 2024.

Compared with earlier readings it is down 8.5% on the previous year and down 3.7% over ten years.

Over the whole period, bank or similar financial institution account, primary education or in Republic of Korea peaked at 95.6% in 2021 and was at its lowest, 83.3%, in 2017.

Republic of Korea ranks 25th of 105 countries on this measure, in the top quarter.

Bank or similar financial institution account, primary education or in Republic of Korea, year by year

Annual values for Bank or similar financial institution account, primary education or less (% age 15+) in Republic of Korea, 2011 to 2024.
Year % age 15+ Change
2011 91.4%
2014 90.7% -0.7%
2017 83.3% -8.2%
2021 95.6% +14.7%
2024 87.4% -8.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 88.5% 83.3% 91.4% 3
2020s 91.5% 87.4% 95.6% 2

Countries ranked near Republic of Korea

  1. 22 Malta 88.2% compare
  2. 23 Belgium 87.8% compare
  3. 24 Singapore 87.6% compare
  4. 26 India 86.7% compare
  5. 27 Latvia 85.7% compare
  6. 28 China 84.4% compare

See the full ranking of 117 places →

More reference data data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is bank or similar financial institution account, primary education or in Republic of Korea?
Bank or similar financial institution account, primary education or in Republic of Korea was 87.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, primary education or recorded in Republic of Korea?
The highest recorded value was 95.6% in 2021.
What is the lowest bank or similar financial institution account, primary education or recorded in Republic of Korea?
The lowest recorded value was 83.3% in 2017.
How does Republic of Korea rank for bank or similar financial institution account, primary education or?
Republic of Korea ranks 25th out of 105 countries with data for 2024.
Is bank or similar financial institution account, primary education or rising or falling in Republic of Korea?
Over the last ten years it is down 3.7%. The long-run trend across the full record is flat.
Where does this Republic of Korea data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, primary education or less (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, primary education or in Republic of Korea. Statizoid. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-primary-education-or-less-percent-age-15/korea-rep/

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About this data

Indicator
Bank or similar financial institution account, primary education or less (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 585 data points, 2011–2024
Last refreshed