This section provides metadata for the data reported for this indicator at the national level and at the global level.
- Goal
Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
- Target
Target 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
- Indicator
Indicator 8.10.2: Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
- Series
- Related indicators
1.4, 5.a, 2.3
- Custodian agencies
World Bank (WB)
Field | National | Global |
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Organisation | Not available for this indicator |
World Bank (WB) |
Contact organisation unit | Not available for this indicator |
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Contact email address | Not available for this indicator |
Not available for this indicator |
Field | National | Global |
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Definition and concepts | Not available for this indicator |
Definition: The percentage of adults (ages 15+) who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or personally using a mobile money service in the past 12 months.
Concepts: Account at a financial institution includes respondents who report having an account at a bank or at another type of financial institution, such as a credit union, microfinance institution, cooperative, or the post office (if applicable), or having a debit card in their own name. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products into an account at a financial institution in the past 12 months; paying utility bills or school fees from an account at a financial institution in the past 12 months; or receiving wages or government transfers into a card in the past 12 months. Mobile money account includes respondents who report personally using GSM Association (GSMA) Mobile Money for the Unbanked (MMU) services in the past 12 months to pay bills or to send or receive money. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products through a mobile phone in the past 12 months.
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Unit of measure | Not available for this indicator |
Not available for this indicator |
Classifications | Not available for this indicator |
Not available for this indicator |
Field | National | Global |
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Data sources | Not available for this indicator |
The indicators in the 2014 Global Financial Inclusion (Global Findex) database are drawn from survey data covering almost 150,000 people in more than 140 economies—representing more than 97 percent of the world’s population. The survey was carried out over the 2014 calendar year by Gallup, Inc. as part of its Gallup World Poll, which since 2005 has continually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 140 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above.
Methodology, including interview procedures, data preparation, margin of error and notes by country are all available at http://www.worldbank.org/content/dam/Worldbank/Research/GlobalFindex/PDF/Methodology.pdf |
Data collection method | Not available for this indicator |
Data are comparable across countries by design. |
Data collection calendar | Not available for this indicator |
Next collection round: 2017. Data are collected every three years. |
Data release calendar | Not available for this indicator |
2017 |
Data providers | Not available for this indicator |
n/a |
Data compilers | Not available for this indicator |
World Bank |
Institutional mandate | Not available for this indicator |
Not available for this indicator |
Field | National | Global |
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Rationale | Not available for this indicator |
Access to formal financial services such as savings, insurance, payments, credit and remittances is essential to the ability of people—regardless of income level, gender, age, education or where they live—to manage their lives, build their futures, and grow their businesses. Having access to an account is an important starting point for people to access arrange of financial services. |
Comments and limitations | Not available for this indicator |
World Bank’s Global Findex database is based on individual level surveys worldwide, conducted every three years. The first round of the survey was done in 2011, and the second in 2014. The third round will be done in 2017. The database covers about 140 countries. |
Method of computation | Not available for this indicator |
The indicator is based on data collected through individual level surveys in each country with representative samples. Appropriate sampling weights are used in calculating country-level aggregates. |
Adjustments | Not available for this indicator |
Not available for this indicator |
Treatment of missing values (i) at country level and (ii) at regional level | Not available for this indicator |
n/a
n/a |
Regional aggregations | Not available for this indicator |
Country level; the percentage of adults owning accounts is multiplied by the number of adults in the country. Then for regional values, sum across all countries in the region is taken and divided by the total adults living in the region. Similarly, for global figures, the same calculation is repeated for all countries. |
Methods and guidance available to countries for the compilation of the data at the national level | Not available for this indicator |
Not available for this indicator |
Quality management | Not available for this indicator |
Not available for this indicator |
Quality assurance | Not available for this indicator |
Not available for this indicator |
Quality assessment | Not available for this indicator |
Not available for this indicator |
National | Global |
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Not available for this indicator |
Data availability: Countries that have at least 1 data point after 2010 for this indicator:
Asia and Pacific: 35 Africa: 38 Latin America and the Caribbean: 21 Europe, North America, Australia, New Zealand and Japan: 47 Time series: 2011 and 2014. To be collected every 3 years. Disaggregation: Disaggregation by Income; Age; Education level; Urban/rural; Gender |
National | Global |
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Not available for this indicator |
Sources of discrepancies: Global Findex is an individual level survey, measuring individual’s ownership of accounts. As financial inclusion is an individual-level concept, this is the appropriate measure. Other surveys that are done at household level may measure the access to finance through another member of the household which may overestimate financial inclusion. |
National | Global |
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Not available for this indicator |
URL: www.worldbank.org
References: http://www.worldbank.org/globalfindex |