54.56 - 61.80
49.72 - 54.56
46.60 - 49.72
36.38 - 46.60
24.91 - 36.38
18.92 - 24.91
13.06 - 18.92
5.01 - 13.06

Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24)

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. Source:
Year:
2022
#Flag
Country
Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24)
Year
1
Lesotho61.82022
2
Viet Nam54.562022
3
Mexico50.042022
4
Botswana49.722022
5
Ethiopia46.822022
6
Eswatini46.62022
7
Guatemala38.182022
8
Azerbaijan36.382022
9
Congo, Dem. Rep.25.42022
10
Madagascar25.42022
11
Gambia, The24.912022
12
Comoros21.92022
13
Chad18.922022
14
Mauritania16.852022
15
Niger13.062022
16
Yemen, Rep.5.012022