Australia vs Low income: Account ownership at a financial institution or with a
Australia
98.7%
in 2024
Low income
40.2%
in 2024
Australia rank
10th
Low income rank
12th
Account ownership at a financial institution or with a over time
- Australia
- Low income
How they compare
Australia currently reports 98.7% against 40.2% in Low income, a difference of 58.5%.
That makes Australia's figure about 2.5 times Low income's.
Across all 5 years both countries report, Australia has been ahead every year.
Australia ranks 10th and Low income ranks 12th of 106 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 97.8% | 16.5% | 81.4% | Australia |
| 2020s | 99.4% | 36.6% | 62.8% | 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 Low income?
- Australia, at 98.7% against 40.2% in Low income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Australia and Low income?
- 58.5%, with Australia ahead.
- How many years of comparable data are there for Australia and Low income?
- 5 years are reported by both, from 2011 to 2024.
- How do Australia and Low income rank globally for account ownership at a financial institution or with a?
- Australia ranks 10th and Low income ranks 12th of 106 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, young adults (% of population ages 15-24). 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 (young adults, % of population ages 15-24).