Depositing/withdrawing at least once in a typical month (% age 15+)

This metric reflects the financial engagement of adults aged 15 and older by quantifying the frequency of transactions—deposits or withdrawals—within a typical month for those holding accounts at formal financial institutions. It is derived by assessing the percentage of individuals with no transactions in a month, hence revealing the proportion of account inactivity. A higher value indicates greater usage of financial services, showcasing the active involvement of individuals in managing their finances through various methods, including cash and electronic transfers. The measurement not only highlights financial inclusion but also signals the vitality of the banking ecosystem in facilitating monetary transactions, ultimately contributing to economic stability and personal financial health. Source: