South Korea vs Singapore: Account ownership at a financial institution … primary
South Korea
87.4%
in 2024
Singapore
87.6%
in 2024
South Korea rank
25th
Singapore rank
24th
Account ownership at a financial institution … primary over time
- South Korea
- Singapore
How they compare
Singapore currently reports 87.6% against 87.4% in South Korea, a difference of 0.2%.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Singapore ahead.
South Korea ranks 25th and Singapore ranks 24th of 105 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Singapore in 1.
Head to head by decade
| Decade | South Korea | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 88.5% | 94.0% | 5.6% | Singapore |
| 2020s | 91.5% | 90.0% | 1.4% | 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 Singapore?
- Singapore, at 87.6% against 87.4% in South Korea as of 2024.
- What is the difference in account ownership at a financial institution or with a between South Korea and Singapore?
- 0.2%, with Singapore ahead.
- How many years of comparable data are there for South Korea and Singapore?
- 5 years are reported by both, from 2011 to 2024.
- How do South Korea and Singapore rank globally for account ownership at a financial institution or with a?
- South Korea ranks 25th and Singapore ranks 24th of 105 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, primary education or less (% 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 (primary education or less, % of population ages 15+).