Account ownership at a financial institution or with a in Low income
Low income: Account ownership at a financial institution or with a was 40.2% in 2024. ◆ Volatile
Account ownership at a financial institution or with a in Low income, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
In 2024, account ownership at a financial institution or with a in Low income stood at 40.2%. That is the highest value across all 5 years on record.
The figure is up 22.0% on the previous year and up 193.7% over ten years.
Over the whole period, account ownership at a financial institution or with a in Low income peaked at 40.2% in 2024 and was at its lowest, 6.7%, in 2011.
Account ownership at a financial institution or with a in Low income, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 6.7% | — |
| 2014 | 13.7% | +104.4% |
| 2017 | 29.1% | +112.6% |
| 2021 | 33.0% | +13.3% |
| 2024 | 40.2% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.5% | 6.7% | 29.1% | 3 |
| 2020s | 36.6% | 33.0% | 40.2% | 2 |
Countries ranked near Low income
More financial sector data for Low income
- Monetary Sector credit to private sector 13.4% (2021)
- Net migration 160,831 (2025)
- Net migration, annual growth rate 217.81 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Domestic credit to private sector 12.6% (2020)
- Claims on central government, etc. 7.1% (2020)
- Broad money 22.6% (2015)
- Total reserves in months of imports 3.28 (2024)
- Total reserves in months of imports, annual growth rate 11.57 % change on previous year (2024)
Frequently asked questions
- What is account ownership at a financial institution or with a in Low income?
- Account ownership at a financial institution or with a in Low income was 40.2% 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 income?
- The highest recorded value was 40.2% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Low income?
- The lowest recorded value was 6.7% in 2011.
- How does Low income rank for account ownership at a financial institution or with a?
- Low income ranks 12th out of 12 groups with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Low income?
- Over the last ten years it is up 193.7%. The long-run trend across the full record is volatile.
- Where does this Low 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).