Account ownership at a financial institution … young in Russia
Russia: Account ownership at a financial institution … young was 88.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Russia, 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 Russia is 88.5%, measured in 2024.
That represents a change of down 5.4% on the previous year and up 62.5% over ten years.
Over the whole period, account ownership at a financial institution or with a in Russia peaked at 93.5% in 2021 and was at its lowest, 32.8%, in 2011.
Russia ranks 34th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution … young in Russia, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 32.8% | — |
| 2014 | 54.4% | +65.9% |
| 2017 | 66.9% | +23.0% |
| 2021 | 93.5% | +39.7% |
| 2024 | 88.5% | -5.4% |
Russia compared with similar countries
- Russia's 88.5% is below the median for high income countries, which is 95.7%, 92% of the median. (42 countries reporting)
- Russia's 88.5% is below the median for Europe & Central Asia, which is 89.1%, 99% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 51.4% | 32.8% | 66.9% | 3 |
| 2020s | 91.0% | 88.5% | 93.5% | 2 |
Countries ranked near Russia
More financial sector data for Russia
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.9 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.48 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.9 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 Russia?
- Account ownership at a financial institution or with a in Russia was 88.5% 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 Russia?
- The highest recorded value was 93.5% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Russia?
- The lowest recorded value was 32.8% in 2011.
- How does Russia rank for account ownership at a financial institution or with a?
- Russia ranks 34th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Russia?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is rising.
- Where does this Russia 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).