South Korea vs Low income: Account ownership at a financial institution … richest
South Korea
98.7%
in 2024
Low income
52.5%
in 2024
South Korea rank
14th
Low income rank
12th
Account ownership at a financial institution … richest over time
- South Korea
- Low income
How they compare
South Korea currently reports 98.7% against 52.5% in Low income, a difference of 46.2%.
That makes South Korea's figure about 1.9 times Low income's.
Across all 5 years both countries report, South Korea has been ahead every year.
South Korea ranks 14th and Low income ranks 12th of 102 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 95.3% | 25.1% | 70.2% | South Korea |
| 2020s | 99.3% | 47.0% | 52.3% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, South Korea or Low income?
- South Korea, at 98.7% against 52.5% in Low income as of 2024.
- What is the difference in account ownership at a financial institution or with a between South Korea and Low income?
- 46.2%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Low income?
- 5 years are reported by both, from 2011 to 2024.
- How do South Korea and Low income rank globally for account ownership at a financial institution or with a?
- South Korea ranks 14th and Low income ranks 12th 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+).