Account ownership at a financial institution or with a in India
India: Account ownership at a financial institution or with a was 93.1% in 2024. ▲ Rising
Account ownership at a financial institution or with a in India, 2011–2024
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 India is 93.1%, measured in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 14.6% on the previous year and up 45.0% over ten years.
Over the whole period, account ownership at a financial institution or with a in India peaked at 93.1% in 2024 and was at its lowest, 59.5%, in 2011.
India ranks 39th of 105 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in India, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 59.5% | — |
| 2014 | 64.2% | +8.0% |
| 2017 | 84.9% | +32.2% |
| 2021 | 81.3% | -4.3% |
| 2024 | 93.1% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 69.5% | 59.5% | 84.9% | 3 |
| 2020s | 87.2% | 81.3% | 93.1% | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in India?
- Account ownership at a financial institution or with a in India was 93.1% 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 India?
- The highest recorded value was 93.1% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in India?
- The lowest recorded value was 59.5% in 2011.
- How does India rank for account ownership at a financial institution or with a?
- India ranks 39th out of 105 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in India?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is rising.
- Where does this India 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, secondary education or more (% of population ages 15+). 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 (secondary education or more, % of population ages 15+).