Account ownership at a financial institution or with a in Korea
Korea: Account ownership at a financial institution or with a was 96.7% in 2024. ▬ Flat
Account ownership at a financial institution or with a in Korea, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Korea is 96.7%, measured in 2024.
That represents a change of down 2.0% on the previous year and down 0.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in Korea peaked at 98.7% in 2021 and was at its lowest, 96.4%, in 2017.
Korea ranks 25th of 106 countries on this measure, in the top quarter.
Account ownership at a financial institution or with a in Korea, year by year
| Year | % of population ages 25+ | Change |
|---|---|---|
| 2011 | 96.4% | — |
| 2014 | 96.9% | +0.6% |
| 2017 | 96.4% | -0.6% |
| 2021 | 98.7% | +2.4% |
| 2024 | 96.7% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 96.6% | 96.4% | 96.9% | 3 |
| 2020s | 97.7% | 96.7% | 98.7% | 2 |
Countries ranked near Korea
More financial sector data for Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Korea?
- Account ownership at a financial institution or with a in Korea was 96.7% 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 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 Korea?
- The lowest recorded value was 96.4% in 2017.
- How does Korea rank for account ownership at a financial institution or with a?
- Korea ranks 25th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Korea?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
- Where does this 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, older adults (% of population ages 25+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (older adults, % of population ages 25+).