Account ownership at a financial institution or with a in Iraq
Iraq: Account ownership at a financial institution or with a was 40.8% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Iraq, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
Iraq recorded 40.8% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 83.6% on the previous year and up 179.9% over ten years.
Over the whole period, account ownership at a financial institution or with a in Iraq peaked at 40.8% in 2024 and was at its lowest, 13.5%, in 2011.
That places Iraq 103rd out of 106 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Iraq, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 13.5% | — |
| 2014 | 14.6% | +8.1% |
| 2017 | 25.8% | +77.2% |
| 2021 | 22.2% | -14.0% |
| 2024 | 40.8% | +83.6% |
Iraq compared with similar countries
- Iraq's 40.8% is below the median for upper middle income countries, which is 72.4%, 56% of the median. (37 countries reporting)
- Iraq's 40.8% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 53.9%, 76% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.0% | 13.5% | 25.8% | 3 |
| 2020s | 31.5% | 22.2% | 40.8% | 2 |
Countries ranked near Iraq
- 100 Philippines 43.0% compare
- 101 Pakistan 42.3% compare
- 102 Sierra Leone 41.5% compare
- 104 Lebanon 31.0% compare
- 105 Mauritania 30.3% compare
- 106 Nicaragua 26.0% compare
More financial sector data for Iraq
- 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 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 8.44 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.17 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 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 8.44 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 Iraq?
- Account ownership at a financial institution or with a in Iraq was 40.8% 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 Iraq?
- The highest recorded value was 40.8% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Iraq?
- The lowest recorded value was 13.5% in 2011.
- How does Iraq rank for account ownership at a financial institution or with a?
- Iraq ranks 103rd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Iraq?
- Over the last ten years it is up 179.9%. The long-run trend across the full record is rising.
- Where does this Iraq 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, male (% of population ages 15+). 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 (male, % age 15+).