Account ownership at a financial institution or with a in Russian Federation
Russian Federation: Account ownership at a financial institution or with a was 88.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Russian Federation, 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 Russian Federation 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 Russian Federation peaked at 93.5% in 2021 and was at its lowest, 32.8%, in 2011.
Russian Federation ranks 34th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Russian Federation, 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% |
Russian Federation compared with similar countries
- Russian Federation's 88.5% is below the median for high income countries, which is 95.7%, 92% of the median. (42 countries reporting)
- Russian Federation'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 Russian Federation
More financial sector data for Russian Federation
- 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 Russian Federation?
- Account ownership at a financial institution or with a in Russian Federation 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 Russian Federation?
- The highest recorded value was 93.5% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Russian Federation?
- The lowest recorded value was 32.8% in 2011.
- How does Russian Federation rank for account ownership at a financial institution or with a?
- Russian Federation ranks 34th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Russian Federation?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is rising.
- Where does this Russian Federation 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).