Account in South Korea

South Korea: Account was 96.9% in 2024. ▲ Rising

Latest (2024)
96.9%
Change on year
down 1.8%
World rank
23rd
of 116 countries
All-time high
98.7%
in 2021
All-time low
93.0%
in 2011
Years of data
5
2011–2024

Account in South Korea, 2011–2024

0204060801002011201720242011: 93 % age 15+2014: 94.4 % age 15+2017: 94.9 % age 15+2021: 98.7 % age 15+2024: 96.9 % age 15+

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

DecadeAverage LowestHighest Years
2010s 94.1% 93.0% 94.9% 3
2020s 97.8% 96.9% 98.7% 2

Countries ranked near South Korea

  1. 20 New Zealand 97.9% compare
  2. 21 Hong Kong 97.3% compare
  3. 22 United States 97.0% compare
  4. 24 Malta 96.6% compare
  5. 25 Cyprus 96.1% compare
  6. 26 Taiwan 95.6% compare

See the full ranking of 129 places →

More reference data data for South Korea

All data for South Korea →

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.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 645 data points, 2011–2024
Last refreshed

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+)