Share of people (15+) who report having an account at a bank (by) in Republic of Korea

Republic of Korea: Share of people (15+) who report having an account at a bank (by) was 97.14 % in 2024. ▲ Rising

Latest (2024)
97.14 %
Change on year
down 1.6%
World rank
21st
of 97 countries
All-time high
98.68 %
in 2021
All-time low
93.11 %
in 2011
Years of data
5
2011–2024

Share of people (15+) who report having an account at a bank (by) in Republic of Korea, 2011–2024

0204060801002011201720242011: 93.1 %2014: 93.4 %2017: 94.7 %2021: 98.7 %2024: 97.1 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Republic of Korea recorded 97.14 % for share of people (15+) who report having an account at a bank (by) in 2024.

That represents a change of down 1.6% on the previous year and up 4.0% over ten years.

Over the whole period, share of people (15+) who report having an account at a bank (by) in Republic of Korea peaked at 98.68 % in 2021 and was at its lowest, 93.11 %, in 2011.

Republic of Korea ranks 21st of 97 countries on this measure, in the top quarter.

Share of people (15+) who report having an account at a bank (by) in Republic of Korea, year by year

Annual values for Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National in Republic of Korea, 2011 to 2024.
Year % Change
2011 93.11 %
2014 93.38 % +0.3%
2017 94.69 % +1.4%
2021 98.68 % +4.2%
2024 97.14 % -1.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.73 % 93.11 % 94.69 % 3
2020s 97.91 % 97.14 % 98.68 % 2

Countries ranked near Republic of Korea

  1. 18 Australia 97.72 % compare
  2. 19 Singapore 97.61 % compare
  3. 19 Sweden 97.61 % compare
  4. 22 Ireland 96.93 % compare
  5. 23 China, Hong Kong SAR 96.75 % compare
  6. 24 Malta 96.05 % compare

See the full ranking of 105 places →

More economy & growth data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is share of people (15+) who report having an account at a bank (by) in Republic of Korea?
Share of people (15+) who report having an account at a bank (by) in Republic of Korea was 97.14 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest share of people (15+) who report having an account at a bank (by) recorded in Republic of Korea?
The highest recorded value was 98.68 % in 2021.
What is the lowest share of people (15+) who report having an account at a bank (by) recorded in Republic of Korea?
The lowest recorded value was 93.11 % in 2011.
How does Republic of Korea rank for share of people (15+) who report having an account at a bank (by)?
Republic of Korea ranks 21st out of 97 countries with data for 2024.
Is share of people (15+) who report having an account at a bank (by) rising or falling in Republic of Korea?
Over the last ten years it is up 4.0%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.

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Share of people (15+) who report having an account at a bank (by) in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/share-of-people-15-who-report-having-an-account-at-a-bank-by-themselves-or-with-someone-2/republic-of-korea/

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About this data

Indicator
Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
105 places, 525 data points, 2011–2024
Last refreshed

The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.