Account in South Korea
South Korea: Account was 96.9% in 2024. ▲ Rising
Account in South Korea, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for account in South Korea is 96.9%, measured in 2024.
The figure is down 1.8% on the previous year and up 2.7% over ten years.
Over the whole period, account in South Korea peaked at 98.7% in 2021 and was at its lowest, 93.0%, in 2011.
South Korea ranks 23rd of 116 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 94.1% | 93.0% | 94.9% | 3 |
| 2020s | 97.8% | 96.9% | 98.7% | 2 |
Countries ranked near South Korea
More reference data data for South Korea
- Number of child deaths per woman 0.004 under-five deaths per woman (2024)
- Fertility rate: births per woman 0.72 live births per woman (2023)
- Fertility rate: births per woman 0.72 live births per woman (2023)
- Fertility rate vs. Human Development Index 0.72 live births per woman (2023)
- Human Development Index 0.937 (2023)
- Rule of Law - Governance estimate 1.12 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 76.2 0-100 (2024)
- Voice and Accountability - Governance score 70.99 0-100 (2024)
- Voice and Accountability - Governance estimate 0.8078 approx. -2.5 to +2.5 (2024)
- Political Stability - Governance score 76.82 0-100 (2024)
Frequently asked questions
- What is account in South Korea?
- Account in South Korea was 96.9% in 2024, according to Global Findex Database.
- What is the highest account recorded in South Korea?
- The highest recorded value was 98.7% in 2021.
- What is the lowest account recorded in South Korea?
- The lowest recorded value was 93.0% in 2011.
- How does South Korea rank for account?
- South Korea ranks 23rd out of 116 countries with data for 2024.
- Is account rising or falling in South Korea?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)