Proof Point
World Bank reports 69% of adults globally are banked in 2017, with Australia, Canada and Netherlands identified as fully-banked
Share of Adults with Bank Accounts in Selected Countries
2017 (percentage)
| Note: | Data from World Bank’s 2017 Global Findex Database of more than 150,000 adults aged 15 years old and above in over 140 economies |
Proof Point Findings
- Banked vs Unbanked – Banked consumers have accounts in insured financial institutions, while unbanked consumers have no access to financial services
- Banked Adults – World Bank reports 69% of adults worldwide have accounts in financial institutions in 2017
- Developed Countries – Account ownership more prevalent in high-income countries, with Australia, Canada and Netherlands reported having fully banked adults
- Unbanked Economies – South Sudan found to have highest share of unbanked adults, with only 9% adults having accounts, while nearly half of global unbanked population live in Bangladesh, China, India, Indonesia, Mexico, Nigeria, and Pakistan
- Key Growth Drivers – Include increasing accessibility of financial products and services, growing demand for financial security, improving household monthly income and employment rates, and strengthening regulations to promote more inclusive financial services
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Market Disruption |
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Sector |
Financial Services
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Source |
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Date Last Updated |
November 29, 2018
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