Bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Bank or similar financial institution account, young was 26.6% in 2024. ▲ Rising

Latest (2024)
26.6%
Change on year
down 10.8%
Rank
11th
of 12 groups
All-time high
29.8%
in 2021
All-time low
16.6%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income), 2011–2024

01020302011201720242011: 16.6 % ages 15-242014: 20.4 % ages 15-242017: 26.3 % ages 15-242021: 29.8 % ages 15-242024: 26.6 % 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 Sub-Saharan Africa (excluding high income) is 26.6%, measured in 2024.

That represents a change of down 10.8% on the previous year and up 30.1% over ten years.

Over the whole period, bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income) peaked at 29.8% in 2021 and was at its lowest, 16.6%, in 2011.

Bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income), year by year

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % ages 15-24 Change
2011 16.6%
2014 20.4% +22.9%
2017 26.3% +28.9%
2021 29.8% +13.2%
2024 26.6% -10.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 21.1% 16.6% 26.3% 3
2020s 28.2% 26.6% 29.8% 2

Countries ranked near Sub-Saharan Africa (excluding high income)

  1. 9 Australia 98.7% compare
  2. 10 Finland 98.6% compare
  3. 11 Slovenia 98.6% compare
  4. 12 Ireland 98.5% compare
  5. 13 Korea 98.4% compare
  6. 14 Estonia 98.2% compare

See the full ranking of 118 places →

More reference data data for Sub-Saharan Africa (excluding high income)

All data for Sub-Saharan Africa (excluding high income) →

Frequently asked questions

What is bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income)?
Bank or similar financial institution account, young in Sub-Saharan Africa (excluding high income) was 26.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 29.8% in 2021.
What is the lowest bank or similar financial institution account, young recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 16.6% in 2011.
How does Sub-Saharan Africa (excluding high income) rank for bank or similar financial institution account, young?
Sub-Saharan Africa (excluding high income) ranks 11th out of 12 groups with data for 2024.
Is bank or similar financial institution account, young rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 30.1%. The long-run trend across the full record is rising.
Where does this Sub-Saharan Africa (excluding high 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 Sub-Saharan Africa (excluding high income). Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/sub-saharan-africa-excluding-high-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