Low & middle income vs Singapore: Account ownership at a financial institution or with a
Low & middle income
66.7%
in 2024
Singapore
98.9%
in 2024
Low & middle income rank
7th
Singapore rank
9th
Account ownership at a financial institution or with a over time
- Low & middle income
- Singapore
How they compare
Singapore currently reports 98.9% against 66.7% in Low & middle income, a difference of 32.2%.
That makes Singapore's figure about 1.5 times Low & middle income's.
Across all 5 years both countries report, Singapore has been ahead every year.
Low & middle income ranks 7th and Singapore ranks 9th of 12 groups.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Low & middle income | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 42.3% | 95.2% | 52.9% | Singapore |
| 2020s | 63.0% | 96.6% | 33.6% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher account ownership at a financial institution or with a, Low & middle income or Singapore?
- Singapore, at 98.9% against 66.7% in Low & middle income as of 2024.
- What is the difference in account ownership at a financial institution or with a between Low & middle income and Singapore?
- 32.2%, with Singapore ahead.
- How many years of comparable data are there for Low & middle income and Singapore?
- 5 years are reported by both, from 2011 to 2024.
- How do Low & middle income and Singapore rank globally for account ownership at a financial institution or with a?
- Low & middle income ranks 7th and Singapore ranks 9th of 12 groups.
- 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).