Account ownership at a financial institution … richest in Russia

Russia: Account ownership at a financial institution … richest was 85.2% in 2024. ▲ Rising

Latest (2024)
85.2%
Change on year
down 7.8%
World rank
54th
of 102 countries
All-time high
92.3%
in 2021
All-time low
53.4%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Russia, 2011–2024

0204060801002011201720242011: 53.4 % of population ages 15+2014: 70.2 % of population ages 15+2017: 79.4 % of population ages 15+2021: 92.3 % of population ages 15+2024: 85.2 % of population ages 15+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.

Analysis

Russia recorded 85.2% for account ownership at a financial institution or with a in 2024.

Compared with earlier readings it is down 7.8% on the previous year and up 21.3% over ten years.

Over the whole period, account ownership at a financial institution or with a in Russia peaked at 92.3% in 2021 and was at its lowest, 53.4%, in 2011.

Russia ranks 54th of 102 countries on this measure, in the middle of the range.

Account ownership at a financial institution … richest in Russia, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+) in Russia, 2011 to 2024.
Year % of population ages 15+ Change
2011 53.4% —
2014 70.2% +31.5%
2017 79.4% +13.2%
2021 92.3% +16.2%
2024 85.2% -7.8%

Russia compared with similar countries

  • Russia's 85.2% is below the median for high income countries, which is 97.9%, 87% of the median. (40 countries reporting)
  • Russia's 85.2% is below the median for Europe & Central Asia, which is 94.2%, 90% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 67.7% 53.4% 79.4% 3
2020s 88.7% 85.2% 92.3% 2

Countries ranked near Russia

  1. 51 Turkey 85.6% compare
  2. 52 Vietnam 85.5% compare
  3. 53 Georgia 85.3% compare
  4. 55 South Africa 84.8% compare
  5. 56 Sri Lanka 82.7% compare
  6. 57 Bosnia and Herzegovina 82.1% compare

See the full ranking of 114 places →

More financial sector data for Russia

All data for Russia →

Frequently asked questions

What is account ownership at a financial institution or with a in Russia?
Account ownership at a financial institution or with a in Russia was 85.2% in 2024, according to Global Findex Database, World Bank (WB).
What is the highest account ownership at a financial institution or with a recorded in Russia?
The highest recorded value was 92.3% in 2021.
What is the lowest account ownership at a financial institution or with a recorded in Russia?
The lowest recorded value was 53.4% in 2011.
How does Russia rank for account ownership at a financial institution or with a?
Russia ranks 54th out of 102 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in Russia?
Over the last ten years it is up 21.3%. The long-run trend across the full record is rising.
Where does this Russia data come from?
The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Russia. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-2/russian-federation/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed

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+).