Account ownership at a financial institution or with a in Zambia
Zambia: Account ownership at a financial institution or with a was 75.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Zambia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Zambia stood at 75.5%. That is the highest value across all 5 years on record.
That represents a change of up 43.8% on the previous year and up 97.9% over ten years.
Over the whole period, account ownership at a financial institution or with a in Zambia peaked at 75.5% in 2024 and was at its lowest, 19.4%, in 2011.
That places Zambia 62nd out of 106 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Zambia, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 19.4% | — |
| 2014 | 38.1% | +96.6% |
| 2017 | 51.7% | +35.5% |
| 2021 | 52.5% | +1.6% |
| 2024 | 75.5% | +43.8% |
Zambia compared with similar countries
- Zambia's 75.5% is above the median for lower middle income countries, which is 60.3%, 1.3× the median. (22 countries reporting)
- Zambia's 75.5% is above the median for Sub-Saharan Africa, which is 69.4%, 1.1× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.4% | 19.4% | 51.7% | 3 |
| 2020s | 64.0% | 52.5% | 75.5% | 2 |
Countries ranked near Zambia
More financial sector data for Zambia
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0011 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0008 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0011 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 Zambia?
- Account ownership at a financial institution or with a in Zambia was 75.5% 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 Zambia?
- The highest recorded value was 75.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Zambia?
- The lowest recorded value was 19.4% in 2011.
- How does Zambia rank for account ownership at a financial institution or with a?
- Zambia ranks 62nd out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Zambia?
- Over the last ten years it is up 97.9%. The long-run trend across the full record is rising.
- Where does this Zambia 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+).