Account ownership at a financial institution or with a in Lower middle income
Lower middle income: Account ownership at a financial institution or with a was 64.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Lower middle 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 Lower middle income stood at 64.5%. That is the highest value across all 5 years on record.
That represents a change of up 19.9% on the previous year and up 82.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Lower middle income peaked at 64.5% in 2024 and was at its lowest, 23.3%, in 2011.
Account ownership at a financial institution or with a in Lower middle income, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 23.3% | — |
| 2014 | 35.3% | +51.1% |
| 2017 | 51.7% | +46.5% |
| 2021 | 53.7% | +4.0% |
| 2024 | 64.5% | +19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.8% | 23.3% | 51.7% | 3 |
| 2020s | 59.1% | 53.7% | 64.5% | 2 |
Countries ranked near Lower middle income
More financial sector data for Lower middle income
- Net migration -3.12 million (2025)
- Domestic credit to private sector by banks 39.1% (2025)
- Total reserves in months of imports 7.24 (2025)
- Monetary Sector credit to private sector 39.6% (2025)
- Broad money 67.4% (2021)
- Domestic credit to private sector 38.8% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.14 % 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. 20.8% (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Lower middle income?
- Account ownership at a financial institution or with a in Lower middle income was 64.5% 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 Lower middle income?
- The highest recorded value was 64.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Lower middle income?
- The lowest recorded value was 23.3% in 2011.
- How does Lower middle income rank for account ownership at a financial institution or with a?
- Lower middle income ranks 8th out of 12 groups with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Lower middle income?
- Over the last ten years it is up 82.8%. The long-run trend across the full record is rising.
- Where does this Lower 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.
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 (young adults, % of population ages 15-24).