Account ownership at a financial institution or with a in Russian Federation

Russian Federation: Account ownership at a financial institution or with a was 78.0% in 2024. ▲ Rising

Latest (2024)
78.0%
Change on year
down 12.4%
World rank
60th
of 106 countries
All-time high
89.0%
in 2021
All-time low
51.8%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 51.8 % of population ages 25+2014: 69.9 % of population ages 25+2017: 77.5 % of population ages 25+2021: 89 % of population ages 25+2024: 78 % of population ages 25+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.

Analysis

Russian Federation recorded 78.0% for account ownership at a financial institution or with a in 2024.

That represents a change of down 12.4% on the previous year and up 11.6% over ten years.

Over the whole period, account ownership at a financial institution or with a in Russian Federation peaked at 89.0% in 2021 and was at its lowest, 51.8%, in 2011.

That places Russian Federation 60th out of 106 countries with data for 2024, putting it in the middle of the range.

Account ownership at a financial institution or with a in Russian Federation, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+) in Russian Federation, 2011 to 2024.
Year % of population ages 25+ Change
2011 51.8%
2014 69.9% +34.8%
2017 77.5% +10.9%
2021 89.0% +14.8%
2024 78.0% -12.4%

Russian Federation compared with similar countries

  • Russian Federation's 78.0% is below the median for high income countries, which is 97.7%, 80% of the median. (42 countries reporting)
  • Russian Federation's 78.0% is below the median for Europe & Central Asia, which is 91.1%, 86% of the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 66.4% 51.8% 77.5% 3
2020s 83.5% 78.0% 89.0% 2

Countries ranked near Russian Federation

  1. 57 Bosnia and Herzegovina 81.0% compare
  2. 58 Georgia 80.4% compare
  3. 59 Zambia 79.6% compare
  4. 61 Uganda 76.9% compare
  5. 62 Uruguay 76.0% compare
  6. 63 Nigeria 73.7% compare

See the full ranking of 118 places →

More financial sector data for Russian Federation

All data for Russian Federation →

Frequently asked questions

What is account ownership at a financial institution or with a in Russian Federation?
Account ownership at a financial institution or with a in Russian Federation was 78.0% 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 Russian Federation?
The highest recorded value was 89.0% in 2021.
What is the lowest account ownership at a financial institution or with a recorded in Russian Federation?
The lowest recorded value was 51.8% in 2011.
How does Russian Federation rank for account ownership at a financial institution or with a?
Russian Federation ranks 60th out of 106 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in Russian Federation?
Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
Where does this Russian Federation 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.

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Account ownership at a financial institution or with a in Russian Federation. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-4/russian-federation/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+)
Unit
% of population ages 25+
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 (older adults, % of population ages 25+).