social2022
Formal financial institution
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.
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Key Insights
Global Average
22.8%
Median: 17.7%
Countries Covered
161
with available data
Highest
Canada
81.0%
Lowest
Burundi
1.6%
Top 5 Countries
1Canada81.0%
2Israel79.5%
3Iceland73.4%
4Luxembourg72.2%
5Hong Kong70.0%
By Region
Oceania58.8%(2 countries)
North America43.5%(4 countries)
Europe41.4%(32 countries)
South America28.7%(7 countries)
Asia26.9%(27 countries)
Country Rankings
Top 10 Countries
Bottom 10 Countries
Data Analysis
Value Distribution
How countries are distributed across the value range
Low (1.6%)High (81.0%)
Regional Comparison
Average values by world region (Global avg: 22.8%)
Oceania (2)
North America (4)
Europe (32)
South America (7)
Asia (27)
Other (80)
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 ↕ |
|---|---|---|
| 1 | Canada | 81.0% |
| 2 | Israel | 79.5% |
| 3 | Iceland | 73.4% |
| 4 | Luxembourg | 72.2% |
| 5 | Hong Kong | 70.0% |
| 6 | South Korea | 68.6% |
| 7 | Norway | 66.8% |
| 8 | United States of America | 66.2% |
| 9 | Taiwan, Province of China | 61.9% |
| 10 | Switzerland | 61.4% |
| 11 | Japan | 61.2% |
| 12 | New Zealand | 60.4% |
| 13 | Australia | 57.3% |
| 14 | Austria | 56.5% |
| 15 | Italy | 55.0% |
| 16 | United Kingdom | 55.0% |
| 17 | Germany | 54.7% |
| 18 | Ireland | 54.1% |
| 19 | Denmark | 53.2% |
| 20 | Finland | 53.0% |
| 21 | Spain | 51.9% |
| 22 | Sweden | 48.7% |
| 23 | Belgium | 48.0% |
| 24 | France | 44.4% |
| 25 | Singapore | 42.8% |
| 26 | Slovenia | 42.4% |
| 27 | Uruguay | 42.0% |
| 28 | Brazil | 40.7% |
| 29 | People's Republic of China | 39.2% |
| 30 | Malta | 38.9% |
| 31 | Türkiye | 37.8% |
| 32 | Bahrain | 36.3% |
| 33 | Netherlands | 34.4% |
| 34 | Slovakia | 34.4% |
| 35 | Mongolia | 34.4% |
| 36 | Ukraine | 34.1% |
| 37 | Estonia | 33.6% |
| 38 | Croatia | 33.0% |
| 39 | Saudi Arabia | 32.4% |
| 40 | Poland | 31.9% |
| 41 | Czech Republic | 31.3% |
| 42 | Cyprus | 31.2% |
| 43 | Cambodia | 30.9% |
| 44 | Argentina | 30.8% |
| 45 | Portugal | 30.4% |
| 46 | Kazakhstan | 29.8% |
| 47 | Russian Federation | 29.7% |
| 48 | Kuwait | 28.5% |
| 49 | Thailand | 28.3% |
| 50 | Trinidad and Tobago | 27.5% |
| 51 | Puerto Rico | 27.1% |
| 52 | Bulgaria | 26.4% |
| 53 | Armenia | 26.2% |
| 54 | Islamic Republic of Iran | 25.1% |
| 55 | Chile | 24.2% |
| 56 | Georgia | 23.9% |
| 57 | Montenegro | 23.7% |
| 58 | Ecuador | 23.2% |
| 59 | Latvia | 22.7% |
| 60 | United Arab Emirates | 22.5% |
| 61 | Kenya | 22.2% |
| 62 | The Republic of North Macedonia | 22.1% |
| 63 | Peru | 21.9% |
| 64 | Dominican Republic | 21.6% |
| 65 | Belarus | 21.5% |
| 66 | Bosnia and Herzegovina | 21.3% |
| 67 | Sri Lanka | 21.3% |
| 68 | Namibia | 21.0% |
| 69 | Serbia | 20.6% |
| 70 | Greece | 20.1% |
| 71 | Mauritius | 20.1% |
| 72 | Maldives | 19.7% |
| 73 | Bolivia | 19.3% |
| 74 | Azerbaijan | 19.2% |
| 75 | Romania | 19.1% |
| 76 | Hungary | 18.9% |
| 77 | Belize | 18.9% |
| 78 | Uganda | 18.6% |
| 79 | South Africa | 18.2% |
| 80 | Colombia | 18.1% |
| 81 | Kyrgyzstan | 17.7% |
| 82 | Costa Rica | 17.5% |
| 83 | Philippines | 17.4% |
| 84 | Mexico | 15.6% |
| 85 | Liberia | 15.4% |
| 86 | Bangladesh | 14.2% |
| 87 | Nepal | 14.1% |
| 88 | Malaysia | 13.5% |
| 89 | Albania | 13.4% |
| 90 | Moldova, Republic of | 13.2% |
| 91 | Syrian Arab Republic | 13.1% |
| 92 | Indonesia | 12.9% |
| 93 | Haiti | 12.9% |
| 94 | Qatar | 12.6% |
| 95 | Lesotho | 12.6% |
| 96 | Tajikistan | 12.4% |
| 97 | Paraguay | 12.4% |
| 98 | Nicaragua | 12.2% |
| 99 | Jamaica | 12.0% |
| 100 | Lithuania | 11.9% |
| 101 | India | 11.8% |
| 102 | Guatemala | 11.2% |
| 103 | Mali | 11.0% |
| 104 | Mauritania | 10.8% |
| 105 | El Salvador | 10.6% |
| 106 | Panama | 10.4% |
| 107 | Honduras | 10.3% |
| 108 | Mozambique | 10.3% |
| 109 | Vietnam | 10.0% |
| 110 | Senegal | 10.0% |
| 111 | Tunisia | 9.9% |
| 112 | Jordan | 9.9% |
| 113 | Botswana | 9.6% |
| 114 | Eswatini | 9.6% |
| 115 | Oman | 9.2% |
| 116 | Lao People's Democratic Republic | 9.1% |
| 117 | Venezuela | 8.8% |
| 118 | Chad | 8.5% |
| 119 | Libya | 8.4% |
| 120 | Comoros | 8.2% |
| 121 | Benin | 8.2% |
| 122 | Rwanda | 8.1% |
| 123 | Malawi | 8.0% |
| 124 | Uzbekistan | 7.5% |
| 125 | Togo | 7.4% |
| 126 | Ghana | 7.4% |
| 127 | Egypt | 7.3% |
| 128 | Myanmar | 7.1% |
| 129 | Cameroon | 7.0% |
| 130 | Turkmenistan | 6.8% |
| 131 | Zambia | 6.8% |
| 132 | Burkina Faso | 6.7% |
| 133 | Nigeria | 6.4% |
| 134 | Republic of the Congo | 6.2% |
| 135 | Guinea | 6.1% |
| 136 | Madagascar | 5.8% |
| 137 | Angola | 5.7% |
| 138 | Republic of The Gambia | 5.6% |
| 139 | Gabon | 5.5% |
| 140 | Morocco | 5.0% |
| 141 | State of Palestine | 4.9% |
| 142 | Ethiopia | 4.6% |
| 143 | Djibouti | 4.5% |
| 144 | Central African Republic | 4.5% |
| 145 | United Republic of Tanzania | 4.4% |
| 146 | Sierra Leone | 4.3% |
| 147 | Sudan | 4.2% |
| 148 | Bhutan | 4.2% |
| 149 | Cote d'Ivoire | 4.1% |
| 150 | Algeria | 3.8% |
| 151 | Iraq | 3.6% |
| 152 | Democratic Republic of the Congo | 3.6% |
| 153 | Pakistan | 3.5% |
| 154 | Lebanon | 3.3% |
| 155 | Niger | 3.1% |
| 156 | Zimbabwe | 2.9% |
| 157 | South Sudan | 2.5% |
| 158 | Somalia | 2.1% |
| 159 | Afghanistan | 2.0% |
| 160 | Yemen | 1.8% |
| 161 | Burundi | 1.6% |
Showing 161 of 161 countries
Topics
Data Source
This data comes from Our World in Data (2022).
View Original Source