Australia vs South Korea: Account ownership at a financial institution … richest
Australia
98.8%
in 2024
South Korea
98.7%
in 2024
Australia rank
13th
South Korea rank
14th
Account ownership at a financial institution … richest over time
- Australia
- South Korea
How they compare
Australia currently reports 98.8% against 98.7% in South Korea, a difference of 0.1%.
Across all 5 years both countries report, Australia has been ahead every year.
Australia ranks 13th and South Korea ranks 14th of 102 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 99.2% | 95.3% | 3.9% | Australia |
| 2020s | 99.4% | 99.3% | 0.1% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Australia or South Korea?
- Australia, at 98.8% against 98.7% in South Korea as of 2024.
- What is the difference in account ownership at a financial institution or with a between Australia and South Korea?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and South Korea?
- 5 years are reported by both, from 2011 to 2024.
- How do Australia and South Korea rank globally for account ownership at a financial institution or with a?
- Australia ranks 13th and South Korea ranks 14th of 102 countries.
- Where does this data come from?
- Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).