Account ownership at a financial institution or with a in Iraq
Iraq: Account ownership at a financial institution or with a was 29.9% in 2024. ◆ Volatile
Account ownership at a financial institution or with a in Iraq, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
Iraq recorded 29.9% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
The figure is up 139.4% on the previous year and up 246.0% over ten years.
Over the whole period, account ownership at a financial institution or with a in Iraq peaked at 29.9% in 2024 and was at its lowest, 7.1%, in 2011.
That places Iraq 98th out of 106 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Iraq, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 7.1% | — |
| 2014 | 8.6% | +22.4% |
| 2017 | 14.9% | +71.9% |
| 2021 | 12.5% | -15.9% |
| 2024 | 29.9% | +139.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.2% | 7.1% | 14.9% | 3 |
| 2020s | 21.2% | 12.5% | 29.9% | 2 |
Countries ranked near Iraq
More financial sector data for Iraq
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 8.44 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.17 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 8.44 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 Iraq?
- Account ownership at a financial institution or with a in Iraq was 29.9% 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 Iraq?
- The highest recorded value was 29.9% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Iraq?
- The lowest recorded value was 7.1% in 2011.
- How does Iraq rank for account ownership at a financial institution or with a?
- Iraq ranks 98th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Iraq?
- Over the last ten years it is up 246.0%. The long-run trend across the full record is volatile.
- Where does this Iraq 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, young adults (% of population ages 15-24). 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 (young adults, % of population ages 15-24).