Gains in Financial Inclusion, Gains for a Sustainable World

Rapid changes and innovations in technology have been driving financial access and inclusion. The World Bank Group is on target to achieve its commitment of reaching 1 billion new account holders.

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A lot of progress has been made over the past few years toward extending financial access and the number of unbanked adults has fallen to 1.7 billion, according to the latest Findex data. The number of unbanked people continues to fall, even when accounting for population growth. Read More.

Financial inclusion is on the rise globally. Worldwide, 1.2 billion adults have obtained a financial account since 2011, including 515 million since 2014. The proportion of adults who have an account with a financial institution or through a mobile money service rose globally from 62 to 69 percent.

However, women are less likely than men to have a financial account. The gender gap in developing economies remains unchanged at 9 percentage points since we first started collecting this data in 2011. Read More.

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Financial Inclusion