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 63.4% 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+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Lower middle income is 63.4%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 9.6% on the previous year and up 86.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Lower middle income peaked at 63.4% in 2024 and was at its lowest, 21.3%, in 2011.
Account ownership at a financial institution or with a in Lower middle income, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 21.3% | — |
| 2014 | 34.0% | +59.6% |
| 2017 | 53.2% | +56.5% |
| 2021 | 57.8% | +8.6% |
| 2024 | 63.4% | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 36.2% | 21.3% | 53.2% | 3 |
| 2020s | 60.6% | 57.8% | 63.4% | 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 63.4% 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 63.4% 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 21.3% 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 86.4%. 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, poorest 40% (% of population ages 15+). 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 (poorest 40%, share of population ages 15+).