Account ownership at a financial institution or with a in Russian Federation
Russian Federation: Account ownership at a financial institution or with a was 62.8% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Russian Federation, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Russian Federation stood at 62.8%.
That represents a change of down 23.7% on the previous year and up 79.3% over ten years.
Over the whole period, account ownership at a financial institution or with a in Russian Federation peaked at 82.3% in 2021 and was at its lowest, 24.2%, in 2011.
That places Russian Federation 53rd out of 105 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
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 24.2% | — |
| 2014 | 35.0% | +44.7% |
| 2017 | 56.4% | +61.0% |
| 2021 | 82.3% | +46.0% |
| 2024 | 62.8% | -23.7% |
Russian Federation compared with similar countries
- Russian Federation's 62.8% is below the median for high income countries, which is 87.7%, 72% of the median. (42 countries reporting)
- Russian Federation's 62.8% is below the median for Europe & Central Asia, which is 74.7%, 84% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.5% | 24.2% | 56.4% | 3 |
| 2020s | 72.5% | 62.8% | 82.3% | 2 |
Countries ranked near Russian Federation
More financial sector data for Russian Federation
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.9 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.48 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.9 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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 62.8% 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 82.3% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Russian Federation?
- The lowest recorded value was 24.2% in 2011.
- How does Russian Federation rank for account ownership at a financial institution or with a?
- Russian Federation ranks 53rd out of 105 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 79.3%. 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, primary education or less (% of population ages 15+). Statizoid updates them automatically from the source API.
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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 (primary education or less, % of population ages 15+).