A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.

About half of the global population is still without an active bank account

53%

The World Bank’s latest survey on access to financial services shows that the share of the global population with a bank account rose from 61% in 2014 to 67% in 2017.

Published   |  Photo by Reuters/Akintunde Akinleye
A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

But most of that gain was made up of accounts that had remained inactive over the past year. The number of active accounts barely bulged, going from 52% to 53%.

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

Bank accounts are getting more common, but not active ones

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

Poorer countries, where less than half of the population has an active account, also registered mediocre growth between 2014 and 2017.

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

In some, including Argentina, Nigeria, Algeria, and Mexico, the number of accounts, both active and inactive, even fell.

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

Countries where the share of adults with bank accounts is falling

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

The World Bank’s numbers serve as warning for governments and organizations trying to improve access to basic financial services: Simply pushing people to open accounts is not enough.

A woman takes Nigerian Naira from a bank's automated teller machine (ATM) in Ikeja district in the commercial capital Lagos November 12, 2014.
53%

And it’s all good news for fintech startups and traditional banks: About half of the world is still in need of their services.

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