social2022

Poorest 40% borrowing from financial institutions

Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2022; countries can have different observation years.

Source: Our World in Data160 countries

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Key Insights

Global Average
18.6%
Median: 12.8%
Countries Covered
160
with available data
Highest
Canada
71.7%
Lowest
Burundi
0.1%
Top 5 Countries
1Canada71.7%
2Israel71.4%
3Iceland67.7%
4Luxembourg65.7%
5Switzerland64.9%
By Region
Oceania47.6%(2 countries)
Europe36.0%(32 countries)
North America32.3%(4 countries)
Asia22.0%(27 countries)
South America20.0%(7 countries)

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.1%)High (71.7%)

Regional Comparison

Average values by world region (Global avg: 18.6%)

Oceania (2)
Europe (32)
North America (4)
Asia (27)
South America (7)
Other (79)
Africa (9)

Percentile Profile

The curve shows how values change from the lowest to the highest country. Steep sections reveal inequality or outliers.

0th percentile · lowest100th percentile · highest

About This Statistic

Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2022; countries can have different observation years. Source: Our World in Data.

Methodology

Country values are taken from the latest observation available in the linked source series.

Full Data

Rank Country Value
1Canada71.7%
2Israel71.4%
3Iceland67.7%
4Luxembourg65.7%
5Switzerland64.9%
6Ireland56.5%
7Norway55.1%
8South Korea54.8%
9United Kingdom52.8%
10Germany52.2%
11Italy51.9%
12Hong Kong51.9%
13Japan51.9%
14Taiwan, Province of China49.6%
15Austria49.2%
16Spain48.8%
17New Zealand48.6%
18Australia46.7%
19Denmark44.7%
20United States of America44.5%
21France44.3%
22Belgium41.8%
23Finland39.7%
24Sweden37.1%
25Mongolia31.9%
26Ukraine31.8%
27Slovenia31.5%
28Slovakia31.4%
29People's Republic of China30.6%
30Bahrain30.1%
31Kazakhstan30.0%
32Uruguay29.3%
33Czech Republic29.1%
34Cambodia28.5%
35Cyprus28.5%
36Trinidad and Tobago28.3%
37Singapore28.0%
38Türkiye27.9%
39Malta27.6%
40Poland27.6%
41Brazil27.6%
42Russian Federation27.0%
43Argentina25.2%
44Saudi Arabia24.8%
45Portugal24.6%
46Islamic Republic of Iran24.1%
47Netherlands23.8%
48Estonia23.6%
49Bulgaria22.3%
50Croatia22.1%
51United Arab Emirates22.1%
52Georgia22.0%
53Thailand21.7%
54Latvia21.5%
55Armenia21.4%
56Sri Lanka20.5%
57Montenegro19.8%
58Belarus19.2%
59Kyrgyzstan19.1%
60Kuwait18.7%
61Chile18.4%
62The Republic of North Macedonia17.6%
63Bosnia and Herzegovina16.8%
64Azerbaijan16.5%
65Bolivia16.3%
66Liberia16.1%
67Peru15.8%
68Maldives15.6%
69Uganda15.5%
70Belize15.3%
71Mauritius14.8%
72Ecuador14.7%
73Kenya14.6%
74Bangladesh14.5%
75Indonesia14.2%
76Romania14.1%
77Serbia14.1%
78Hungary14.1%
79Nepal13.3%
80Dominican Republic12.8%
81Tajikistan12.8%
82Puerto Rico12.1%
83Syrian Arab Republic12.1%
84Philippines12.0%
85Greece11.3%
86Mali11.1%
87South Africa10.8%
88Albania10.7%
89Costa Rica10.7%
90India10.7%
91Namibia10.3%
92Mauritania9.7%
93Turkmenistan9.6%
94El Salvador9.4%
95Moldova, Republic of9.4%
96Egypt9.0%
97Oman8.9%
98Eswatini8.9%
99Colombia8.8%
100Lesotho8.7%
101Benin8.7%
102Qatar8.6%
103Nicaragua8.1%
104Venezuela7.8%
105Tunisia7.8%
106Jordan7.6%
107Vietnam7.2%
108Lithuania6.9%
109Senegal6.8%
110Lao People's Democratic Republic6.8%
111Mexico6.6%
112Malaysia6.5%
113Guatemala6.4%
114Malawi6.3%
115Uzbekistan6.3%
116Myanmar6.2%
117Gabon6.1%
118Togo6.0%
119Panama5.9%
120Paraguay5.8%
121Honduras5.8%
122Libya5.7%
123Burkina Faso5.7%
124Botswana5.6%
125Guinea5.6%
126Chad5.6%
127Sierra Leone5.3%
128Ghana5.2%
129Nigeria5.1%
130Comoros5.1%
131Cameroon4.9%
132Mozambique4.9%
133Republic of The Gambia4.6%
134Jamaica4.6%
135Rwanda4.1%
136Haiti4.0%
137Republic of the Congo3.9%
138Pakistan3.9%
139Bhutan3.8%
140Ethiopia3.6%
141Niger3.5%
142Morocco3.5%
143Zambia3.2%
144Democratic Republic of the Congo2.9%
145Iraq2.5%
146Madagascar2.5%
147Sudan2.5%
148Afghanistan2.4%
149South Sudan2.3%
150Lebanon2.3%
151Angola2.0%
152United Republic of Tanzania1.9%
153Cote d'Ivoire1.9%
154State of Palestine1.8%
155Algeria1.6%
156Somalia1.5%
157Zimbabwe1.0%
158Yemen0.9%
159Central African Republic0.8%
160Burundi0.1%
Showing 160 of 160 countries

Topics

Data Source

This data comes from Our World in Data (2022).

View Original Source