Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+)

This indicator assesses the financial inclusivity of the wealthiest segment of the population, specifically the richest 60% of individuals aged 15 and older, by examining their access to banking and mobile money services. It captures the proportion of respondents who either personally hold an account or use a mobile money service within the last year, reflecting their engagement with formal financial systems. High account ownership in this demographic not only suggests a reliance on these financial services for daily transactions and savings but also indicates potential barriers for the lower-income segments who may lack similar access. Understanding these dynamics can guide interventions aimed at enhancing financial literacy, accessibility, and overall economic stability among broader populations. Source: