Bank or similar financial institution account, young in Low & middle income

Low & middle income: Bank or similar financial institution account, young was 58.9% in 2024. ▲ Rising

Latest (2024)
58.9%
Change on year
up 7.0%
Rank
7th
of 12 groups
All-time high
58.9%
in 2024
All-time low
31.2%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, young in Low & middle income, 2011–2024

02040602011201720242011: 31.2 % ages 15-242014: 40.1 % ages 15-242017: 51 % ages 15-242021: 55 % ages 15-242024: 58.9 % ages 15-24

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

Analysis

The most recent figure for bank or similar financial institution account, young in Low & middle income is 58.9%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 7.0% on the previous year and up 46.7% over ten years.

Over the whole period, bank or similar financial institution account, young in Low & middle income peaked at 58.9% in 2024 and was at its lowest, 31.2%, in 2011.

Bank or similar financial institution account, young in Low & middle income, year by year

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Low & middle income, 2011 to 2024.
Year % ages 15-24 Change
2011 31.2%
2014 40.1% +28.6%
2017 51.0% +27.1%
2021 55.0% +7.8%
2024 58.9% +7.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 40.8% 31.2% 51.0% 3
2020s 56.9% 55.0% 58.9% 2

Countries ranked near Low & middle income

  1. 9 Australia 98.7% compare
  2. 10 Finland 98.6% compare

See the full ranking of 118 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, young in Low & middle income?
Bank or similar financial institution account, young in Low & middle income was 58.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Low & middle income?
The highest recorded value was 58.9% in 2024.
What is the lowest bank or similar financial institution account, young recorded in Low & middle income?
The lowest recorded value was 31.2% in 2011.
How does Low & middle income rank for bank or similar financial institution account, young?
Low & middle income ranks 7th out of 12 groups with data for 2024.
Is bank or similar financial institution account, young rising or falling in Low & middle income?
Over the last ten years it is up 46.7%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, young in Low & middle income. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/low-and-middle-income/

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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