Account ownership at a financial institution … poorest in Russia
Russia: Account ownership at a financial institution … poorest was 70.6% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Russia, 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 Russia 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 Russia peaked at 85.8% in 2021 and was at its lowest, 40.4%, in 2011.
That places Russia 54th out of 102 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution … poorest in Russia, 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% |
Russia compared with similar countries
- Russia's 70.6% is below the median for high income countries, which is 94.2%, 75% of the median. (40 countries reporting)
- Russia's 70.6% is below the median for Europe & Central Asia, which is 84.5%, 84% of the median. (40 countries reporting)
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 Russia
- 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 Russia
- 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 Russia?
- Account ownership at a financial institution or with a in Russia 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 Russia?
- The highest recorded value was 85.8% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Russia?
- The lowest recorded value was 40.4% in 2011.
- How does Russia rank for account ownership at a financial institution or with a?
- Russia ranks 54th out of 102 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Russia?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Russia 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.
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 (poorest 40%, share of population ages 15+).