This indicator reflects the proportion of young adults, aged 15 to 24, who possess an account at a financial institution or utilize mobile money services, showcasing their
engagement with formal financial systems. It highlights not only the accessibility of banking services to this demographic but also their adaptability to emerging financial technologies. High rates of account ownership can signify greater financial inclusion, enabling youth to save, invest, and manage their finances effectively. Conversely, lower percentages may indicate barriers to access, underscoring the need for targeted policies to
enhance financial literacy and accessibility. Ultimately, this metric serves as a crucial gauge of economic empowerment and financial integration among the younger population.
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