Bank or similar financial institution account, young in Kenya

Kenya: Bank or similar financial institution account, young was 40.6% in 2024. ▬ Flat

Latest (2024)
40.6%
Change on year
down 13.1%
World rank
74th
of 106 countries
All-time high
48.4%
in 2017
All-time low
40.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, young in Kenya, 2011–2024

010203040502011201720242011: 40.3 % ages 15-242014: 48.2 % ages 15-242017: 48.4 % ages 15-242021: 46.7 % ages 15-242024: 40.6 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

Kenya recorded 40.6% for bank or similar financial institution account, young in 2024.

The figure is down 13.1% on the previous year and down 15.9% over ten years.

Over the whole period, bank or similar financial institution account, young in Kenya peaked at 48.4% in 2017 and was at its lowest, 40.3%, in 2011.

That places Kenya 74th out of 106 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, young in Kenya, year by year

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Kenya, 2011 to 2024.
Year % ages 15-24 Change
2011 40.3%
2014 48.2% +19.7%
2017 48.4% +0.5%
2021 46.7% -3.7%
2024 40.6% -13.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 45.6% 40.3% 48.4% 3
2020s 43.6% 40.6% 46.7% 2

Countries ranked near Kenya

  1. 71 Nigeria 41.8% compare
  2. 72 Kosovo 41.4% compare
  3. 72 Kosovo (UNSCR 1244) 41.4% compare
  4. 75 Serbia 37.9% compare
  5. 76 Honduras 36.5% compare
  6. 77 El Salvador 36.3% compare

See the full ranking of 118 places →

More reference data data for Kenya

All data for Kenya →

Frequently asked questions

What is bank or similar financial institution account, young in Kenya?
Bank or similar financial institution account, young in Kenya was 40.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Kenya?
The highest recorded value was 48.4% in 2017.
What is the lowest bank or similar financial institution account, young recorded in Kenya?
The lowest recorded value was 40.3% in 2011.
How does Kenya rank for bank or similar financial institution account, young?
Kenya ranks 74th out of 106 countries with data for 2024.
Is bank or similar financial institution account, young rising or falling in Kenya?
Over the last ten years it is down 15.9%. The long-run trend across the full record is flat.
Where does this Kenya data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Kenya. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/kenya/

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About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed