Account ownership at a financial institution or with a in Low & middle income
Low & middle income: Account ownership at a financial institution or with a was 66.7% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Low & middle income, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
The most recent figure for account ownership at a financial institution or with a in Low & middle income is 66.7%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 12.3% on the previous year and up 60.0% over ten years.
Over the whole period, account ownership at a financial institution or with a in Low & middle income peaked at 66.7% in 2024 and was at its lowest, 31.2%, in 2011.
Account ownership at a financial institution or with a in Low & middle income, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 31.2% | — |
| 2014 | 41.7% | +33.5% |
| 2017 | 54.0% | +29.6% |
| 2021 | 59.4% | +10.0% |
| 2024 | 66.7% | +12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 42.3% | 31.2% | 54.0% | 3 |
| 2020s | 63.0% | 59.4% | 66.7% | 2 |
Countries ranked near Low & middle income
More financial sector data for Low & middle income
- Net migration -2.38 million (2025)
- Domestic credit to private sector by banks 119.3% (2024)
- Total reserves in months of imports 9.9 (2025)
- Monetary Sector credit to private sector 119.8% (2024)
- Broad money 159.0% (2024)
- Domestic credit to private sector 121.5% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 10.19 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Claims on central government, etc. 34.9% (2024)
Frequently asked questions
- What is account ownership at a financial institution or with a in Low & middle income?
- Account ownership at a financial institution or with a in Low & middle income was 66.7% 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 Low & middle income?
- The highest recorded value was 66.7% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Low & middle income?
- The lowest recorded value was 31.2% in 2011.
- How does Low & middle income rank for account ownership at a financial institution or with a?
- Low & middle income ranks 7th out of 12 groups with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Low & middle income?
- Over the last ten years it is up 60.0%. The long-run trend across the full record is rising.
- Where does this Low & middle income 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).