Account ownership at a financial institution … female in South Korea

South Korea: Account ownership at a financial institution … female was 97.1% in 2024. ▲ Rising

Latest (2024)
97.1%
Change on year
down 1.6%
World rank
21st
of 106 countries
All-time high
98.7%
in 2021
All-time low
93.1%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 93.1 % of population ages 15+2014: 93.4 % of population ages 15+2017: 94.7 % of population ages 15+2021: 98.7 % of population ages 15+2024: 97.1 % of population ages 15+

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

Analysis

The most recent figure for account ownership at a financial institution or with a in South Korea is 97.1%, measured in 2024.

The figure is down 1.6% on the previous year and up 4.0% over ten years.

Over the whole period, account ownership at a financial institution or with a in South Korea peaked at 98.7% in 2021 and was at its lowest, 93.1%, in 2011.

That places South Korea 21st out of 106 countries with data for 2024, putting it in the top quarter.

Account ownership at a financial institution … female in South Korea, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+) in South Korea, 2011 to 2024.
Year % of population ages 15+ Change
2011 93.1% —
2014 93.4% +0.3%
2017 94.7% +1.4%
2021 98.7% +4.2%
2024 97.1% -1.6%

South Korea compared with similar countries

  • South Korea's 97.1% is above the median for high income countries, which is 97.0%, 1.0× the median. (42 countries reporting)
  • South Korea's 97.1% is above the median for East Asia & Pacific, which is 96.8%, 1.0× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.7% 93.1% 94.7% 3
2020s 97.9% 97.1% 98.7% 2

Countries ranked near South Korea

  1. 18 Australia 97.7% compare
  2. 19 Singapore 97.6% compare
  3. 20 Sweden 97.6% compare
  4. 22 United States 97.1% compare
  5. 23 Ireland 96.9% compare
  6. 24 Hong Kong 96.8% compare

See the full ranking of 118 places →

More financial sector data for South Korea

All data for South Korea →

Frequently asked questions

What is account ownership at a financial institution or with a in South Korea?
Account ownership at a financial institution or with a in South Korea was 97.1% 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 South Korea?
The highest recorded value was 98.7% in 2021.
What is the lowest account ownership at a financial institution or with a recorded in South Korea?
The lowest recorded value was 93.1% in 2011.
How does South Korea rank for account ownership at a financial institution or with a?
South Korea ranks 21st out of 106 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in South Korea?
Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
Where does this South Korea 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, female (% 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 South Korea. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 11 November 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-3/korea-rep/

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<a href="https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-3/korea-rep/">Account ownership at a financial institution or with a in South Korea</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, female (% 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
118 places, 590 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 (female, % age 15+).