Account ownership at a financial institution or with a in Zambia

Zambia: Account ownership at a financial institution or with a was 62.0% in 2024. ◆ Volatile

Latest (2024)
62.0%
Change on year
up 87.7%
World rank
54th
of 105 countries
All-time high
62.0%
in 2024
All-time low
9.2%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 9.2 % of population ages 15+2014: 22.4 % of population ages 15+2017: 30.9 % of population ages 15+2021: 33 % of population ages 15+2024: 62 % of population ages 15+

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 Zambia stood at 62.0%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 87.7% on the previous year and up 176.2% over ten years.

Over the whole period, account ownership at a financial institution or with a in Zambia peaked at 62.0% in 2024 and was at its lowest, 9.2%, in 2011.

Zambia ranks 54th of 105 countries on this measure, in the middle of the range.

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

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, primary education or less (% of population ages 15+) in Zambia, 2011 to 2024.
Year % of population ages 15+ Change
2011 9.2%
2014 22.4% +143.8%
2017 30.9% +37.7%
2021 33.0% +6.9%
2024 62.0% +87.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.8% 9.2% 30.9% 3
2020s 47.5% 33.0% 62.0% 2

Countries ranked near Zambia

  1. 51 South Africa 63.7% compare
  2. 52 Argentina 62.9% compare
  3. 53 Russian Federation 62.8% compare
  4. 55 Uruguay 60.5% compare
  5. 56 Serbia 60.3% compare
  6. 57 Kosovo 59.8% compare
  7. 57 Kosovo (UNSCR 1244) 59.8% compare

See the full ranking of 117 places →

More financial sector data for Zambia

All data for Zambia →

Frequently asked questions

What is account ownership at a financial institution or with a in Zambia?
Account ownership at a financial institution or with a in Zambia was 62.0% 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 Zambia?
The highest recorded value was 62.0% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Zambia?
The lowest recorded value was 9.2% in 2011.
How does Zambia rank for account ownership at a financial institution or with a?
Zambia ranks 54th out of 105 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in Zambia?
Over the last ten years it is up 176.2%. The long-run trend across the full record is volatile.
Where does this Zambia 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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Account ownership at a financial institution or with a in Zambia. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-5/zambia/

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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-5/zambia/">Account ownership at a financial institution or with a in Zambia</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, primary education or less (% 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
117 places, 585 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 (primary education or less, % of population ages 15+).