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The Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience
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Access to financial services is vital to global development, because having an account makes it easier to invest in health and education or in a business. Accounts also help families manage economic emergencies that can push them into poverty. As of 2021, 71% of adults in developing countries have an account with a financial institution or mobile money provider. This is an increase of more than 50% from a decade ago. Digital financial services and particularly mobile money drive inclusion. Learn more about the Global Findex 2021 database: http://globalfindex.worldbank.org/?cid=ECR_YT_Worldbank_EN_EXT 00:00 Access to financial services is vital to global development 00:15 An increase of more than 50 percent from a decade ago 00:40 Narrowing the gender gap in financial inclusion 00:55 The impact of COVID-19 in digital payments 01:22 Challenges ahead in financial inclusion ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. http://www.worldbank.org
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102
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2022-06-27T19:25:33Z
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Access to financial services is vital to global development, because having an account makes it easier to invest in health and education or in a business. Accounts also help families manage economic emergencies that can push them into poverty. As of 2021, 71% of adults in developing countries have an account with the financial institution or mobile money provider. This is an increase of more than 50% from a decade ago. Digital financial services and particularly mobile money drive inclusion. Learn more about the Global Findex 2021 database.
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