The data from 2023 for account ownership among the poorest 40% reveals significant disparities between countries. High-income European countries, like Austria and Denmark, demonstrate almost universal access, with figures around 100%. In contrast, countries with developing or emerging economies, such as Albania and Algeria, show significantly lower ownership rates, often below 35%. These figures indicate varying degrees of financial inclusion across different economic contexts.
Future trends to watch for include:
- Increased digital transformation driving account ownership in developing regions.
- Influence of regulatory environments on financial inclusion efforts.
- Impact of mobile money innovations in traditionally underbanked markets.
Top countries in Account Ownership at a Financial Institution or with a Mobile-Money-Service Provider Among the Poorest 40% by Country
| # | 10 Countries | Percent of Persons Aged 15+ | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 100 | 2021 | View data |
| 2 | 2 Denmark | 100 | 2021 | View data |
| 3 | 3 Germany | 99.94 | 2021 | View data |
| 4 | 4 United Kingdom | 99.57 | 2021 | View data |
| 5 | 5 Switzerland | 99.49 | 2021 | View data |
| 6 | 6 Estonia | 99.46 | 2021 | View data |
| 7 | 7 Canada | 99.37 | 2021 | View data |
| 8 | 8 Netherlands | 99.33 | 2021 | View data |
| 9 | 9 Ireland | 99.29 | 2021 | View data |
| 10 | 10 Sweden | 99.22 | 2021 | View data |
