Bank or similar financial institution account, primary education or in Singapore

Singapore: Bank or similar financial institution account, primary education or was 87.6% in 2024. ▼ Falling

Latest (2024)
87.6%
Change on year
down 5.2%
World rank
24th
of 105 countries
All-time high
94.6%
in 2014
All-time low
87.6%
in 2024
Years of data
5
2011–2024

Bank or similar financial institution account, primary education or in Singapore, 2011–2024

0204060801002011201720242011: 94.4 % age 15+2014: 94.6 % age 15+2017: 93.2 % age 15+2021: 92.4 % age 15+2024: 87.6 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, primary education or in Singapore stood at 87.6%. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 5.2% on the previous year and down 7.3% over ten years.

Over the whole period, bank or similar financial institution account, primary education or in Singapore peaked at 94.6% in 2014 and was at its lowest, 87.6%, in 2024.

Singapore ranks 24th of 105 countries on this measure, in the top quarter.

Bank or similar financial institution account, primary education or in Singapore, year by year

Annual values for Bank or similar financial institution account, primary education or less (% age 15+) in Singapore, 2011 to 2024.
Year % age 15+ Change
2011 94.4%
2014 94.6% +0.2%
2017 93.2% -1.5%
2021 92.4% -0.8%
2024 87.6% -5.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 94.0% 93.2% 94.6% 3
2020s 90.0% 87.6% 92.4% 2

Countries ranked near Singapore

  1. 21 Sweden 89.9% compare
  2. 22 Malta 88.2% compare
  3. 23 Belgium 87.8% compare
  4. 25 Republic of Korea 87.4% compare
  5. 26 India 86.7% compare
  6. 27 Latvia 85.7% compare

See the full ranking of 117 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is bank or similar financial institution account, primary education or in Singapore?
Bank or similar financial institution account, primary education or in Singapore was 87.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, primary education or recorded in Singapore?
The highest recorded value was 94.6% in 2014.
What is the lowest bank or similar financial institution account, primary education or recorded in Singapore?
The lowest recorded value was 87.6% in 2024.
How does Singapore rank for bank or similar financial institution account, primary education or?
Singapore ranks 24th out of 105 countries with data for 2024.
Is bank or similar financial institution account, primary education or rising or falling in Singapore?
Over the last ten years it is down 7.3%. The long-run trend across the full record is falling.
Where does this Singapore 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 Singapore. Statizoid. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-primary-education-or-less-percent-age-15/singapore/

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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