24Peaks / Asia / India / Financial Institution Account (% age 15+)

India - Financial Institution Account (% age 15+) 88.7

World Bank Global Findex · updated 2026-10-03 · 167 economies tracked

Latest value

88.7 (2024)

Global rank

##40 of 167 economies

Share of global total

1.0%

Growth since 2011

2.52×

Ranking Race — Financial Institution Account (% age 15+)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66201120212024#78#402014 overtook Ukraine2017 overtook Poland
IndiaIcelandFinlandAustriaUnited Kingdom

Real annual global ranks, 2011 - 2024. India climbed from #78 to #40 (overtook Ukraine). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

2014
Overtook Ukraine in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2017
Overtook Poland in global rank auto
2017
Climbed 24 places in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

Financial Institution Account (% age 15+), 2011-2024

World Bank Global Findex · % age 15+ · linear scale · ranking in the race above
20112021202435.253.0370.8788.7

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