Account ownership at a financial institution or with a in Russian Federation
Russian Federation: Account ownership at a financial institution or with a was 70.6% 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+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Russian Federation is 70.6%, measured in 2024.
That represents a change of down 17.7% on the previous year and up 11.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Russian Federation peaked at 85.8% in 2021 and was at its lowest, 40.4%, in 2011.
That places Russian Federation 54th out of 102 countries with data for 2024, putting it 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+ | Change |
|---|---|---|
| 2011 | 40.4% | — |
| 2014 | 63.2% | +56.5% |
| 2017 | 70.2% | +11.1% |
| 2021 | 85.8% | +22.2% |
| 2024 | 70.6% | -17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 57.9% | 40.4% | 70.2% | 3 |
| 2020s | 78.2% | 70.6% | 85.8% | 2 |
Countries ranked near Russian Federation
- 51 Argentina 74.7% compare
- 52 Saudi Arabia 74.6% compare
- 53 South Africa 74.2% compare
- 55 Bosnia and Herzegovina 70.4% compare
- 56 Ghana 69.6% compare
- 57 Georgia 69.1% compare
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 70.6% 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 85.8% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Russian Federation?
- The lowest recorded value was 40.4% in 2011.
- How does Russian Federation rank for account ownership at a financial institution or with a?
- Russian Federation ranks 54th out of 102 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 11.8%. 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, 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+).