From World Development Indicators 68169 The Little Data Book on 12 Financial Inclusion Account at a Formal Financial Institution Access to Formal Accounts Use of Formal Accounts Mobile Payments Savings Credit Insurance 2012 THE LITTLE DATA BOOK ON FINANCIAL INCLUSION Copyright © 2012 by the International Bank for Reconstruction and Development/THE WORLD BANK 1818 H Street, N.W. Washington, D.C. 20433 U.S.A. All rights reserved Manufactured in the United States of America First printing April 2012 ISBN: 978-0-8213-9509-7 eISBN: 978-0-8213-9518-9 DOI: 10.1596/978-0-8213-9509-7 SKU: 19509 The Little Data Book on Financial Inclusion 2012 is a product of the Development Data Group of the Development Economics Vice Presidency and the Finance and Private Sector Development Team of the Development Research Group of the Development Economics Vice Presidency of the World Bank. Cover design by Peter Grundy Art & Design, London, U.K. Design by Communications Development Incorporated, Washington, D.C. Contents Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv Foreword. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .v Data notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii Regional tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 World . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 East Asia and Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Europe and Central Asia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Latin America and the Caribbean . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Middle East and North Africa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 South Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Sub-Saharan Africa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Income group tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Low income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Middle income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Lower middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Upper middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Low and middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 High income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Euro area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Country tables (in alphabetical order) . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Glossary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163 Reference. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 167 The Little Data Book on Financial Inclusion 2012 iii Acknowledgments The Little Data Book on Financial Inclusion 2012 was prepared by the Finance and Private Sector Development Team of the Development Research Group, by a team led by Leora Klapper under the supervision of Asli Demirguc-Kunt and comprising Asli T. Egrican, Douglas Randall, Dorothe Singer, and Peter Van Oudheusden. The team was assisted by Mantejwinder K. Jandu and Paulina Sintim-Aboagye. The work was carried out under the management of Martin Ravallion and Justin Yifu Lin. We thank Franklin Allen, Oya Pinar Ardic Alper, Thorsten Beck, Massimo Cirasino, Robert Cull, Tilman Ehrbeck, Michael Fuchs, Xavi Gine, Markus Goldstein, Richard Hinz, Jake Kendall, Aart Kraay, Alexia Latortue, Sole Martinez Peria, Ignacio Mas-Ribo, Jonathan Morduch, Nataliya Mylenko, Mark Napier, Douglas Pearce, Bikki Randhawa, Richard Rosenberg, Armida San Jose, Kinnon M. Scott, Peer Stein, Gaiv Tata, Jeanette Thomas, Klaus Tilmes, Augusto de la Torre, Rodger Voorhies, and Alan Winters for providing substantive comments during various stages of the project. The team is also grateful for the excellent survey execution and related support provided by Gallup, Inc. under the direction of Jim Clifton. We are especially grateful to the Bill & Melinda Gates Foundation for provid- ing financial support making the collection of the data and its dissemination possible. Production of this volume was managed by the Development Data Group, under the direction of Shaida Badiee. Substantial contributions were made by Shelley Fu, Buyant Khaltarkhuu, and William Prince, with additional sup- port provided by Azita Amjadi, Alison Kwong, Jomo Tariku, and Sup Lee. The book’s design was done by Jomo Tariku based on an original design by Communications Development Incorporated. Typesetting was done by Barton Matheson Willse & Worthington. Staff from External Affairs oversaw publication and distribution of the book and Alison Strong provided edito- rial assistance. The reference citation for the data provided in this book is: Demirguc-Kunt, Asli and Leora Klapper, 2012. “Measuring Financial Inclusion: The Global Findex Database.��? World Bank Policy Research Working Paper 6025, World Bank, Washington, D.C. iv 2012 The Little Data Book on Financial Inclusion Foreword The Little Data Book on Financial Inclusion 2012 is a pocket edition of the Global Financial Inclusion Database published in 2012 in Measuring Financial Inclusion: The Global Findex Database by Asli Demirguc-Kunt and Leora Klapper. It provides country-level indicators of financial inclusion summarized for all adults and disaggregated by key demographic characteristics—gender, age, education, income, and rural or urban residence. The book also includes summary pages by region and by income group aggregates. Covering 148 economies, the indicators of financial inclusion measure the use of formal bank accounts, payments behavior, savings patterns, credit patterns, and insurance decisions. Access to financial services plays a critical part in development by facilitat- ing economic growth and reducing income inequality. Inclusive financial systems allow poor people to smooth their consumption and insure themselves against economic vulnerabilities, from illness and accidents to theft and unemployment. Financial access enables poor people to save and to borrow—allowing them to build their assets, to invest in education and entrepreneurial ventures, and thus to improve their livelihoods. Inclusive finance is especially likely to benefit disadvantaged groups such as women, youth, and rural communities. For all these reasons financial inclusion has gained prominence in recent years as a policy objective to improve the lives of the poor. Recognizing the need for better data to support the financial inclusion agenda, the World Bank’s Development Research Group, with a 10-year grant from the Bill & Melinda Gates Foundation, launched the Global Findex database, collecting the first round of data in 2011. The Global Findex database is the first public database of demand-side indicators that consistently measure people’s use of financial products around the world and over time. Covering a range of topics, the data can be used to track financial inclusion policies globally and develop a deeper and more nuanced understanding of how people around the world save, borrow, and make payments. The data were collected by Gallup, Inc. over the 2011 calendar year through the Gallup World Poll survey. The data show sharp disparities in the use of financial services between high-income and developing economies and across demographic groups. While about half of all adults around the world have an account with a formal financial institution, the share in high-income economies (89 percent) is more than twice that in developing economies (41 percent). Globally, more than 2.5 billion adults have no formal account, most of them in developing economies. The gaps in account use between demographic groups are particularly large in developing economies: While 46 percent of men have an account, only 37 percent of women do. And those in the highest income quintile are on average more than twice as likely to have a formal account as those in the lowest quintile. The Little Data Book on Financial Inclusion 2012 is a part of the Global Findex suite of products offering access to the data. Others include the Open The Little Data Book on Financial Inclusion 2012 v Foreword Data Platform Financial Inclusion topic page (http://datatopics.worldbank. org/financialinclusion) and the eAtlas of Financial Inclusion (http://data. worldbank.org/atlas-fi) (more information is available at www.worldbank.org/ globalfindex). The hope is that the book will aid policy makers and researchers in using financial inclusion data more effectively to support priority setting and improve development outcomes. vi 2012 The Little Data Book on Financial Inclusion Data notes The data in this book are for 2011 unless otherwise noted in the the Glossary. • Regional aggregates include data for low- and middle-income economies only. • Figures in italics indicate data for years or periods other than those specified. Symbols used: .. indicates that data are not available or that aggregates cannot be calculated because of missing data. 0 or 0.0 indicates zero or small enough that the number would round to zero at the displayed number of decimal places. $ indicates current U.S. dollars. Data are shown for 144 economies. The term country (used interchangeably with economy) does not imply political independence or official recognition by the World Bank but refers to any economy for which the authorities report separate social or economic statistics. The Little Data Book on Financial Inclusion 2012 vii Regional tables The country composition of regions is based on the World Bank’s analytical regions and may differ from common geographic usage. East Asia and Pacific Cambodia, China, Indonesia, Lao People’s Democratic Republic, Malaysia, Mongolia, Philippines, Thailand, Vietnam Europe and Central Asia Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Georgia, Kazakhstan, Kosovo, Kyrgyz Republic, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Moldova, Montenegro, Romania, Russian Federation, Serbia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan Latin America and the Caribbean Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, República Bolivariana de Venezuela Middle East and North Africa Algeria*, Djibouti, Arab Republic of Egypt, Islamic Republic of Iran*, Iraq, Jordan, Lebanon, Morocco, Syrian Arab Republic, Tunisia, West Bank and Gaza, Republic of Yemen South Asia Afghanistan, Bangladesh, India, Nepal, Pakistan, Sri Lanka Sub-Saharan Africa Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic*, Chad, Comoros, Democratic Republic of the Congo, Republic of Congo, Gabon, Ghana, Guinea, Kenya, Lesotho, Madagascar*, Malawi, Mali, Mauritania, Mauritius, Mozambique, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, Somalia*, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe *Excluded from calculation of Global Findex regional aggregates because sampling excludes more than 20 percent of the adult population. The Little Data Book on Financial Inclusion 2012 1 World Population (millions) 6,894.6 GNI per capita ($) 9,069 Account at a Formal Financial Institution All adults (%, age 15+) 50.5 Male adults (%, age 15+) 54.7 Female adults (%, age 15+) 46.3 Young adults (%, ages 15–24) 37.9 Older adults (%, age 25+) 54.3 Adults with a primary education or less (%, age 15+) 40.4 Adults with a secondary education or more (%, age 15+) 63.4 Adults in income quintiles I (lowest) and II (%, age 15+) 40.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 58.3 Adults living in a rural area (%, age 15+) 45.8 Adults living in an urban area (%, age 15+) 58.4 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.7 0 deposits in a typical month (% with an account) 12.8 1–2 deposits in a typical month (% with an account) 65.4 3+ deposits in a typical month (% with an account) 16.0 0 withdrawals in a typical month (% with an account) 13.9 1–2 withdrawals in a typical month (% with an account) 51.7 3+ withdrawals in a typical month (% with an account) 27.4 ATM is the main mode of deposit (% with an account) 13.6 Bank teller is the main mode of deposit (% with an account) 69.9 Bank agent is the main mode of deposit (% with an account) 3.1 ATM is the main mode of withdrawal (% with an account) 43.3 Bank teller is the main mode of withdrawal (% with an account) 47.7 Bank agent is the main mode of withdrawal (% with an account) 1.9 Has debit card 30.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.9 Use an account to receive wages 20.9 Use an account to receive government payments 12.9 Use an account to receive remittances 7.2 Use an account to send remittances 7.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.0 Use a mobile phone to send money 2.2 Use a mobile phone to receive money 3.0 Savings (%, age 15+) Saved any money in the past year 35.9 Saved at a formal financial institution in the past year 22.4 Saved using a savings club in the past year 5.3 Saved for future expenses in the past year 24.0 Saved for emergencies in the past year 27.2 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.0 Loan from family or friends in the past year 22.8 Loan from an informal private lender in the past year 3.4 Outstanding loan to purchase a home 7.0 Outstanding loan for home construction 5.0 Outstanding loan to pay school fees 5.4 Outstanding loan for health or emergencies 11.0 Outstanding loan for funerals or weddings 2.8 Insurance (%, age 15+) Personally paid for health insurance 17.1 2 2012 The Little Data Book on Financial Inclusion East Asia & Pacific Population (millions) 1,961.6 GNI per capita ($) 3,696 Account at a Formal Financial Institution All adults (%, age 15+) 54.9 Male adults (%, age 15+) 57.6 Female adults (%, age 15+) 52.3 Young adults (%, ages 15–24) 52.1 Older adults (%, age 25+) 54.9 Adults with a primary education or less (%, age 15+) 46.5 Adults with a secondary education or more (%, age 15+) 71.0 Adults in income quintiles I (lowest) and II (%, age 15+) 39.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 65.6 Adults living in a rural area (%, age 15+) 49.5 Adults living in an urban area (%, age 15+) 70.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 13.2 0 deposits in a typical month (% with an account) 19.1 1–2 deposits in a typical month (% with an account) 64.6 3+ deposits in a typical month (% with an account) 7.8 0 withdrawals in a typical month (% with an account) 20.5 1–2 withdrawals in a typical month (% with an account) 55.0 3+ withdrawals in a typical month (% with an account) 14.3 ATM is the main mode of deposit (% with an account) 13.9 Bank teller is the main mode of deposit (% with an account) 76.4 Bank agent is the main mode of deposit (% with an account) 2.5 ATM is the main mode of withdrawal (% with an account) 39.1 Bank teller is the main mode of withdrawal (% with an account) 55.9 Bank agent is the main mode of withdrawal (% with an account) 1.3 Has debit card 34.5 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.2 Use an account to receive wages 16.9 Use an account to receive government payments 6.3 Use an account to receive remittances 8.8 Use an account to send remittances 7.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 Use a mobile phone to send money 1.0 Use a mobile phone to receive money 1.2 Savings (%, age 15+) Saved any money in the past year 39.8 Saved at a formal financial institution in the past year 28.4 Saved using a savings club in the past year 4.3 Saved for future expenses in the past year 28.2 Saved for emergencies in the past year 29.6 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.6 Loan from family or friends in the past year 27.2 Loan from an informal private lender in the past year 1.9 Outstanding loan to purchase a home 4.4 Outstanding loan for home construction 5.4 Outstanding loan to pay school fees 5.8 Outstanding loan for health or emergencies 9.7 Outstanding loan for funerals or weddings 1.8 Insurance (%, age 15+) Personally paid for health insurance 36.8 The Little Data Book on Financial Inclusion 2012 3 Europe & Central Asia Population (millions) 405.2 GNI per capita ($) 7,272 Account at a Formal Financial Institution All adults (%, age 15+) 44.9 Male adults (%, age 15+) 49.9 Female adults (%, age 15+) 40.0 Young adults (%, ages 15–24) 31.9 Older adults (%, age 25+) 48.4 Adults with a primary education or less (%, age 15+) 25.6 Adults with a secondary education or more (%, age 15+) 51.4 Adults in income quintiles I (lowest) and II (%, age 15+) 36.5 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 51.1 Adults living in a rural area (%, age 15+) 41.6 Adults living in an urban area (%, age 15+) 50.4 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.0 0 deposits in a typical month (% with an account) 6.5 1–2 deposits in a typical month (% with an account) 80.8 3+ deposits in a typical month (% with an account) 5.4 0 withdrawals in a typical month (% with an account) 6.9 1–2 withdrawals in a typical month (% with an account) 61.8 3+ withdrawals in a typical month (% with an account) 22.5 ATM is the main mode of deposit (% with an account) 22.4 Bank teller is the main mode of deposit (% with an account) 30.7 Bank agent is the main mode of deposit (% with an account) 1.6 ATM is the main mode of withdrawal (% with an account) 67.1 Bank teller is the main mode of withdrawal (% with an account) 20.4 Bank agent is the main mode of withdrawal (% with an account) 1.0 Has debit card 36.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.3 Use an account to receive wages 27.3 Use an account to receive government payments 11.0 Use an account to receive remittances 4.8 Use an account to send remittances 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.0 Use a mobile phone to send money 2.5 Use a mobile phone to receive money 2.7 Savings (%, age 15+) Saved any money in the past year 20.4 Saved at a formal financial institution in the past year 7.0 Saved using a savings club in the past year 1.3 Saved for future expenses in the past year 12.8 Saved for emergencies in the past year 13.9 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.7 Loan from family or friends in the past year 28.2 Loan from an informal private lender in the past year 1.5 Outstanding loan to purchase a home 1.8 Outstanding loan for home construction 4.7 Outstanding loan to pay school fees 1.7 Outstanding loan for health or emergencies 3.6 Outstanding loan for funerals or weddings 1.4 Insurance (%, age 15+) Personally paid for health insurance 4.5 4 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Population (millions) 582.6 GNI per capita ($) 7,733 Account at a Formal Financial Institution All adults (%, age 15+) 39.2 Male adults (%, age 15+) 44.0 Female adults (%, age 15+) 34.7 Young adults (%, ages 15–24) 26.0 Older adults (%, age 25+) 43.6 Adults with a primary education or less (%, age 15+) 27.8 Adults with a secondary education or more (%, age 15+) 46.6 Adults in income quintiles I (lowest) and II (%, age 15+) 25.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 49.1 Adults living in a rural area (%, age 15+) 33.6 Adults living in an urban area (%, age 15+) 44.1 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.0 0 deposits in a typical month (% with an account) 13.0 1–2 deposits in a typical month (% with an account) 63.3 3+ deposits in a typical month (% with an account) 17.7 0 withdrawals in a typical month (% with an account) 10.2 1–2 withdrawals in a typical month (% with an account) 53.1 3+ withdrawals in a typical month (% with an account) 30.8 ATM is the main mode of deposit (% with an account) 19.7 Bank teller is the main mode of deposit (% with an account) 57.2 Bank agent is the main mode of deposit (% with an account) 1.1 ATM is the main mode of withdrawal (% with an account) 56.4 Bank teller is the main mode of withdrawal (% with an account) 32.8 Bank agent is the main mode of withdrawal (% with an account) 0.8 Has debit card 28.9 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.2 Use an account to receive wages 20.3 Use an account to receive government payments 10.4 Use an account to receive remittances 4.2 Use an account to send remittances 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 Use a mobile phone to send money 0.8 Use a mobile phone to receive money 1.8 Savings (%, age 15+) Saved any money in the past year 25.7 Saved at a formal financial institution in the past year 9.5 Saved using a savings club in the past year 3.7 Saved for future expenses in the past year 13.1 Saved for emergencies in the past year 19.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.8 Loan from family or friends in the past year 14.2 Loan from an informal private lender in the past year 2.3 Outstanding loan to purchase a home 1.8 Outstanding loan for home construction 4.2 Outstanding loan to pay school fees 4.6 Outstanding loan for health or emergencies 8.2 Outstanding loan for funerals or weddings 1.7 Insurance (%, age 15+) Personally paid for health insurance 6.8 The Little Data Book on Financial Inclusion 2012 5 Middle East & North Africa Population (millions) 331.3 GNI per capita ($) 3,874 Account at a Formal Financial Institution All adults (%, age 15+) 17.7 Male adults (%, age 15+) 23.1 Female adults (%, age 15+) 12.5 Young adults (%, ages 15–24) 12.3 Older adults (%, age 25+) 20.3 Adults with a primary education or less (%, age 15+) 13.1 Adults with a secondary education or more (%, age 15+) 23.2 Adults in income quintiles I (lowest) and II (%, age 15+) 8.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 17.3 Adults living in a rural area (%, age 15+) 10.5 Adults living in an urban area (%, age 15+) 17.9 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 19.1 0 deposits in a typical month (% with an account) 30.8 1–2 deposits in a typical month (% with an account) 50.8 3+ deposits in a typical month (% with an account) 14.6 0 withdrawals in a typical month (% with an account) 24.4 1–2 withdrawals in a typical month (% with an account) 50.2 3+ withdrawals in a typical month (% with an account) 19.3 ATM is the main mode of deposit (% with an account) 6.0 Bank teller is the main mode of deposit (% with an account) 66.6 Bank agent is the main mode of deposit (% with an account) 4.2 ATM is the main mode of withdrawal (% with an account) 37.6 Bank teller is the main mode of withdrawal (% with an account) 51.8 Bank agent is the main mode of withdrawal (% with an account) 1.2 Has debit card 9.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.7 Use an account to receive wages 6.0 Use an account to receive government payments 3.1 Use an account to receive remittances 2.7 Use an account to send remittances 2.3 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.0 Use a mobile phone to send money 1.3 Use a mobile phone to receive money 2.4 Savings (%, age 15+) Saved any money in the past year 20.0 Saved at a formal financial institution in the past year 4.5 Saved using a savings club in the past year 3.6 Saved for future expenses in the past year 13.9 Saved for emergencies in the past year 15.9 Credit (%, age 15+) Loan from a formal financial institution in the past year 5.1 Loan from family or friends in the past year 31.1 Loan from an informal private lender in the past year 4.7 Outstanding loan to purchase a home 4.5 Outstanding loan for home construction 7.7 Outstanding loan to pay school fees 5.8 Outstanding loan for health or emergencies 15.7 Outstanding loan for funerals or weddings 5.5 Insurance (%, age 15+) Personally paid for health insurance 2.5 6 2012 The Little Data Book on Financial Inclusion South Asia Population (millions) 1,633.1 GNI per capita ($) 1,176 Account at a Formal Financial Institution All adults (%, age 15+) 33.0 Male adults (%, age 15+) 40.7 Female adults (%, age 15+) 25.0 Young adults (%, ages 15–24) 24.7 Older adults (%, age 25+) 36.6 Adults with a primary education or less (%, age 15+) 27.8 Adults with a secondary education or more (%, age 15+) 54.2 Adults in income quintiles I (lowest) and II (%, age 15+) 25.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 41.0 Adults living in a rural area (%, age 15+) 30.8 Adults living in an urban area (%, age 15+) 39.2 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.6 0 deposits in a typical month (% with an account) 11.7 1–2 deposits in a typical month (% with an account) 70.5 3+ deposits in a typical month (% with an account) 12.9 0 withdrawals in a typical month (% with an account) 15.9 1–2 withdrawals in a typical month (% with an account) 66.4 3+ withdrawals in a typical month (% with an account) 11.9 ATM is the main mode of deposit (% with an account) 2.0 Bank teller is the main mode of deposit (% with an account) 85.3 Bank agent is the main mode of deposit (% with an account) 5.3 ATM is the main mode of withdrawal (% with an account) 18.0 Bank teller is the main mode of withdrawal (% with an account) 68.6 Bank agent is the main mode of withdrawal (% with an account) 4.0 Has debit card 7.2 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.0 Use an account to receive wages 7.4 Use an account to receive government payments 3.5 Use an account to receive remittances 2.0 Use an account to send remittances 1.6 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.0 Use a mobile phone to send money 0.8 Use a mobile phone to receive money 1.9 Savings (%, age 15+) Saved any money in the past year 21.3 Saved at a formal financial institution in the past year 11.1 Saved using a savings club in the past year 3.3 Saved for future expenses in the past year 15.5 Saved for emergencies in the past year 17.2 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.7 Loan from family or friends in the past year 19.5 Loan from an informal private lender in the past year 6.4 Outstanding loan to purchase a home 2.4 Outstanding loan for home construction 4.4 Outstanding loan to pay school fees 4.9 Outstanding loan for health or emergencies 14.1 Outstanding loan for funerals or weddings 3.9 Insurance (%, age 15+) Personally paid for health insurance 5.5 The Little Data Book on Financial Inclusion 2012 7 Sub-Saharan Africa Population (millions) 853.4 GNI per capita ($) 1,176 Account at a Formal Financial Institution All adults (%, age 15+) 24.1 Male adults (%, age 15+) 26.7 Female adults (%, age 15+) 21.4 Young adults (%, ages 15–24) 16.8 Older adults (%, age 25+) 27.7 Adults with a primary education or less (%, age 15+) 14.0 Adults with a secondary education or more (%, age 15+) 36.2 Adults in income quintiles I (lowest) and II (%, age 15+) 13.9 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 31.9 Adults living in a rural area (%, age 15+) 20.7 Adults living in an urban area (%, age 15+) 39.7 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.8 0 deposits in a typical month (% with an account) 6.3 1–2 deposits in a typical month (% with an account) 69.5 3+ deposits in a typical month (% with an account) 21.9 0 withdrawals in a typical month (% with an account) 11.7 1–2 withdrawals in a typical month (% with an account) 63.3 3+ withdrawals in a typical month (% with an account) 23.0 ATM is the main mode of deposit (% with an account) 6.6 Bank teller is the main mode of deposit (% with an account) 84.0 Bank agent is the main mode of deposit (% with an account) 2.7 ATM is the main mode of withdrawal (% with an account) 42.0 Bank teller is the main mode of withdrawal (% with an account) 49.2 Bank agent is the main mode of withdrawal (% with an account) 2.5 Has debit card 15.5 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.3 Use an account to receive wages 9.9 Use an account to receive government payments 5.7 Use an account to receive remittances 9.1 Use an account to send remittances 6.3 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.0 Use a mobile phone to send money 11.2 Use a mobile phone to receive money 14.5 Savings (%, age 15+) Saved any money in the past year 40.2 Saved at a formal financial institution in the past year 14.2 Saved using a savings club in the past year 19.3 Saved for future expenses in the past year 26.0 Saved for emergencies in the past year 31.3 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.7 Loan from family or friends in the past year 39.9 Loan from an informal private lender in the past year 5.4 Outstanding loan to purchase a home 2.0 Outstanding loan for home construction 4.4 Outstanding loan to pay school fees 9.0 Outstanding loan for health or emergencies 15.1 Outstanding loan for funerals or weddings 4.6 Insurance (%, age 15+) Personally paid for health insurance 3.2 8 2012 The Little Data Book on Financial Inclusion Income group tables For operational and analytical purposes the World Bank’s main criterion for classifying economies is gross national income (GNI) per capita. Each economy in The Little Data Book on Financial Inclusion is classified as low income, middle income, or high income. Low- and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status. Note: Classifications are fixed during the World Bank’s fiscal year (ending on June 30), thus countries remain in the categories in which they are classified irrespective of any revisions to their per capita income data. Low-income economies are those with a GNI per capita of $1,005 or less in 2010. Middle-income economies are those with a GNI per capita of more than $1,005 but less than $12,276. Lower-middle-income and upper-middle- income economies are separated at a GNI per capita of $3,975. High-income economies are those with a GNI per capita of $12,276 or more. Euro area includes the member states of the Economic and Monetary Union of the European Union that have adopted the euro as their currency: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovak Republic, Slovenia, and Spain. The Little Data Book on Financial Inclusion 2012 9 Low income Population (millions) 796.3 GNI per capita ($) 528 Account at a Formal Financial Institution All adults (%, age 15+) 23.7 Male adults (%, age 15+) 27.0 Female adults (%, age 15+) 20.5 Young adults (%, ages 15–24) 15.6 Older adults (%, age 25+) 28.2 Adults with a primary education or less (%, age 15+) 16.2 Adults with a secondary education or more (%, age 15+) 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 29.4 Adults living in a rural area (%, age 15+) 22.0 Adults living in an urban area (%, age 15+) 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.4 0 deposits in a typical month (% with an account) 8.3 1–2 deposits in a typical month (% with an account) 64.7 3+ deposits in a typical month (% with an account) 23.1 0 withdrawals in a typical month (% with an account) 21.2 1–2 withdrawals in a typical month (% with an account) 59.1 3+ withdrawals in a typical month (% with an account) 16.1 ATM is the main mode of deposit (% with an account) 4.3 Bank teller is the main mode of deposit (% with an account) 78.8 Bank agent is the main mode of deposit (% with an account) 9.1 ATM is the main mode of withdrawal (% with an account) 23.0 Bank teller is the main mode of withdrawal (% with an account) 62.9 Bank agent is the main mode of withdrawal (% with an account) 5.4 Has debit card 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.6 Use an account to receive wages 5.9 Use an account to receive government payments 2.5 Use an account to receive remittances 4.7 Use an account to send remittances 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.6 Use a mobile phone to send money 7.1 Use a mobile phone to receive money 9.1 Savings (%, age 15+) Saved any money in the past year 29.9 Saved at a formal financial institution in the past year 11.5 Saved using a savings club in the past year 8.2 Saved for future expenses in the past year 20.3 Saved for emergencies in the past year 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.4 Loan from family or friends in the past year 30.2 Loan from an informal private lender in the past year 7.0 Outstanding loan to purchase a home 2.4 Outstanding loan for home construction 6.3 Outstanding loan to pay school fees 6.9 Outstanding loan for health or emergencies 16.1 Outstanding loan for funerals or weddings 5.4 Insurance (%, age 15+) Personally paid for health insurance 2.2 10 2012 The Little Data Book on Financial Inclusion Middle income Population (millions) 4,970.8 GNI per capita ($) 3,723 Account at a Formal Financial Institution All adults (%, age 15+) 43.3 Male adults (%, age 15+) 48.1 Female adults (%, age 15+) 38.4 Young adults (%, ages 15–24) 34.9 Older adults (%, age 25+) 45.7 Adults with a primary education or less (%, age 15+) 34.4 Adults with a secondary education or more (%, age 15+) 58.7 Adults in income quintiles I (lowest) and II (%, age 15+) 31.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 52.5 Adults living in a rural area (%, age 15+) 39.0 Adults living in an urban area (%, age 15+) 53.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 9.3 0 deposits in a typical month (% with an account) 14.9 1–2 deposits in a typical month (% with an account) 67.8 3+ deposits in a typical month (% with an account) 10.7 0 withdrawals in a typical month (% with an account) 15.7 1–2 withdrawals in a typical month (% with an account) 59.4 3+ withdrawals in a typical month (% with an account) 17.2 ATM is the main mode of deposit (% with an account) 11.3 Bank teller is the main mode of deposit (% with an account) 73.1 Bank agent is the main mode of deposit (% with an account) 2.6 ATM is the main mode of withdrawal (% with an account) 38.8 Bank teller is the main mode of withdrawal (% with an account) 52.4 Bank agent is the main mode of withdrawal (% with an account) 1.8 Has debit card 24.8 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.0 Use an account to receive wages 15.1 Use an account to receive government payments 6.5 Use an account to receive remittances 5.9 Use an account to send remittances 4.6 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 Use a mobile phone to send money 1.6 Use a mobile phone to receive money 2.4 Savings (%, age 15+) Saved any money in the past year 30.7 Saved at a formal financial institution in the past year 17.8 Saved using a savings club in the past year 4.9 Saved for future expenses in the past year 21.0 Saved for emergencies in the past year 23.3 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.6 Loan from family or friends in the past year 24.7 Loan from an informal private lender in the past year 3.3 Outstanding loan to purchase a home 3.2 Outstanding loan for home construction 4.8 Outstanding loan to pay school fees 5.3 Outstanding loan for health or emergencies 10.6 Outstanding loan for funerals or weddings 2.5 Insurance (%, age 15+) Personally paid for health insurance 18.6 The Little Data Book on Financial Inclusion 2012 11 Lower middle income Population (millions) 2,518.7 GNI per capita ($) 1,619 Account at a Formal Financial Institution All adults (%, age 15+) 28.4 Male adults (%, age 15+) 33.9 Female adults (%, age 15+) 22.9 Young adults (%, ages 15–24) 21.5 Older adults (%, age 25+) 31.2 Adults with a primary education or less (%, age 15+) 20.8 Adults with a secondary education or more (%, age 15+) 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 36.3 Adults living in a rural area (%, age 15+) 25.3 Adults living in an urban area (%, age 15+) 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.8 0 deposits in a typical month (% with an account) 11.6 1–2 deposits in a typical month (% with an account) 70.9 3+ deposits in a typical month (% with an account) 11.8 0 withdrawals in a typical month (% with an account) 13.7 1–2 withdrawals in a typical month (% with an account) 64.4 3+ withdrawals in a typical month (% with an account) 15.1 ATM is the main mode of deposit (% with an account) 4.5 Bank teller is the main mode of deposit (% with an account) 80.2 Bank agent is the main mode of deposit (% with an account) 4.0 ATM is the main mode of withdrawal (% with an account) 31.0 Bank teller is the main mode of withdrawal (% with an account) 56.8 Bank agent is the main mode of withdrawal (% with an account) 3.0 Has debit card 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 Use an account to receive wages 8.5 Use an account to receive government payments 3.9 Use an account to receive remittances 3.7 Use an account to send remittances 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.0 Use a mobile phone to send money 2.4 Use a mobile phone to receive money 3.8 Savings (%, age 15+) Saved any money in the past year 27.6 Saved at a formal financial institution in the past year 11.1 Saved using a savings club in the past year 7.2 Saved for future expenses in the past year 19.9 Saved for emergencies in the past year 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.3 Loan from family or friends in the past year 26.6 Loan from an informal private lender in the past year 5.3 Outstanding loan to purchase a home 2.2 Outstanding loan for home construction 4.7 Outstanding loan to pay school fees 6.8 Outstanding loan for health or emergencies 14.8 Outstanding loan for funerals or weddings 3.9 Insurance (%, age 15+) Personally paid for health insurance 5.1 12 2012 The Little Data Book on Financial Inclusion Upper middle income Population (millions) 2,452.1 GNI per capita ($) 5,884 Account at a Formal Financial Institution All adults (%, age 15+) 57.2 Male adults (%, age 15+) 61.4 Female adults (%, age 15+) 53.1 Young adults (%, ages 15–24) 51.7 Older adults (%, age 25+) 58.2 Adults with a primary education or less (%, age 15+) 47.5 Adults with a secondary education or more (%, age 15+) 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 67.6 Adults living in a rural area (%, age 15+) 51.7 Adults living in an urban area (%, age 15+) 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 11.8 0 deposits in a typical month (% with an account) 18.1 1–2 deposits in a typical month (% with an account) 64.9 3+ deposits in a typical month (% with an account) 9.6 0 withdrawals in a typical month (% with an account) 17.6 1–2 withdrawals in a typical month (% with an account) 54.7 3+ withdrawals in a typical month (% with an account) 19.2 ATM is the main mode of deposit (% with an account) 17.7 Bank teller is the main mode of deposit (% with an account) 66.4 Bank agent is the main mode of deposit (% with an account) 1.2 ATM is the main mode of withdrawal (% with an account) 46.1 Bank teller is the main mode of withdrawal (% with an account) 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.7 Has debit card 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.0 Use an account to receive wages 21.3 Use an account to receive government payments 9.0 Use an account to receive remittances 8.0 Use an account to send remittances 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.7 Use a mobile phone to send money 0.9 Use a mobile phone to receive money 1.1 Savings (%, age 15+) Saved any money in the past year 33.7 Saved at a formal financial institution in the past year 24.2 Saved using a savings club in the past year 2.8 Saved for future expenses in the past year 22.0 Saved for emergencies in the past year 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.8 Loan from family or friends in the past year 22.8 Loan from an informal private lender in the past year 1.5 Outstanding loan to purchase a home 4.0 Outstanding loan for home construction 4.9 Outstanding loan to pay school fees 3.8 Outstanding loan for health or emergencies 6.6 Outstanding loan for funerals or weddings 1.2 Insurance (%, age 15+) Personally paid for health insurance 31.3 The Little Data Book on Financial Inclusion 2012 13 Low and middle income Population (millions) 5,767.2 GNI per capita ($) 3,286 Account at a Formal Financial Institution All adults (%, age 15+) 41.4 Male adults (%, age 15+) 46.1 Female adults (%, age 15+) 36.7 Young adults (%, ages 15–24) 32.5 Older adults (%, age 25+) 44.3 Adults with a primary education or less (%, age 15+) 32.8 Adults with a secondary education or more (%, age 15+) 56.6 Adults in income quintiles I (lowest) and II (%, age 15+) 30.1 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 50.4 Adults living in a rural area (%, age 15+) 37.4 Adults living in an urban area (%, age 15+) 52.1 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 9.0 0 deposits in a typical month (% with an account) 14.3 1–2 deposits in a typical month (% with an account) 67.5 3+ deposits in a typical month (% with an account) 11.8 0 withdrawals in a typical month (% with an account) 16.2 1–2 withdrawals in a typical month (% with an account) 59.4 3+ withdrawals in a typical month (% with an account) 17.1 ATM is the main mode of deposit (% with an account) 10.7 Bank teller is the main mode of deposit (% with an account) 73.6 Bank agent is the main mode of deposit (% with an account) 3.2 ATM is the main mode of withdrawal (% with an account) 37.3 Bank teller is the main mode of withdrawal (% with an account) 53.4 Bank agent is the main mode of withdrawal (% with an account) 2.1 Has debit card 23.2 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 Use an account to receive wages 14.2 Use an account to receive government payments 6.1 Use an account to receive remittances 5.8 Use an account to send remittances 4.5 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.9 Use a mobile phone to send money 2.1 Use a mobile phone to receive money 3.0 Savings (%, age 15+) Saved any money in the past year 30.6 Saved at a formal financial institution in the past year 17.3 Saved using a savings club in the past year 5.3 Saved for future expenses in the past year 20.9 Saved for emergencies in the past year 23.3 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.9 Loan from family or friends in the past year 25.2 Loan from an informal private lender in the past year 3.7 Outstanding loan to purchase a home 3.1 Outstanding loan for home construction 4.9 Outstanding loan to pay school fees 5.4 Outstanding loan for health or emergencies 11.1 Outstanding loan for funerals or weddings 2.8 Insurance (%, age 15+) Personally paid for health insurance 17.1 14 2012 The Little Data Book on Financial Inclusion High income Population (millions) 1,127.4 GNI per capita ($) 38,745 Account at a Formal Financial Institution All adults (%, age 15+) 89.4 Male adults (%, age 15+) 91.7 Female adults (%, age 15+) 87.3 Young adults (%, ages 15–24) 76.8 Older adults (%, age 25+) 92.2 Adults with a primary education or less (%, age 15+) 72.9 Adults with a secondary education or more (%, age 15+) 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 92.1 Adults living in a rural area (%, age 15+) 87.0 Adults living in an urban area (%, age 15+) 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.1 0 deposits in a typical month (% with an account) 6.4 1–2 deposits in a typical month (% with an account) 56.1 3+ deposits in a typical month (% with an account) 34.0 0 withdrawals in a typical month (% with an account) 3.9 1–2 withdrawals in a typical month (% with an account) 18.8 3+ withdrawals in a typical month (% with an account) 71.7 ATM is the main mode of deposit (% with an account) 26.2 Bank teller is the main mode of deposit (% with an account) 53.7 Bank agent is the main mode of deposit (% with an account) 3.0 ATM is the main mode of withdrawal (% with an account) 68.7 Bank teller is the main mode of withdrawal (% with an account) 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.8 Has debit card 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 24.4 Use an account to receive wages 49.5 Use an account to receive government payments 42.0 Use an account to receive remittances 13.2 Use an account to send remittances 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. Use a mobile phone to send money .. Use a mobile phone to receive money .. Savings (%, age 15+) Saved any money in the past year 58.3 Saved at a formal financial institution in the past year 44.6 Saved using a savings club in the past year 5.4 Saved for future expenses in the past year 37.4 Saved for emergencies in the past year 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 13.8 Loan from family or friends in the past year 12.3 Loan from an informal private lender in the past year 2.3 Outstanding loan to purchase a home 23.8 Outstanding loan for home construction .. Outstanding loan to pay school fees .. Outstanding loan for health or emergencies .. Outstanding loan for funerals or weddings .. Insurance (%, age 15+) Personally paid for health insurance .. The Little Data Book on Financial Inclusion 2012 15 Euro area Population (millions) 331.8 GNI per capita ($) 38,565 Account at a Formal Financial Institution All adults (%, age 15+) 90.5 Male adults (%, age 15+) 92.5 Female adults (%, age 15+) 88.9 Young adults (%, ages 15–24) 77.9 Older adults (%, age 25+) 92.9 Adults with a primary education or less (%, age 15+) 86.7 Adults with a secondary education or more (%, age 15+) 93.5 Adults in income quintiles I (lowest) and II (%, age 15+) 89.1 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 90.9 Adults living in a rural area (%, age 15+) 88.8 Adults living in an urban area (%, age 15+) 87.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.8 0 deposits in a typical month (% with an account) 5.9 1–2 deposits in a typical month (% with an account) 68.3 3+ deposits in a typical month (% with an account) 21.1 0 withdrawals in a typical month (% with an account) 3.4 1–2 withdrawals in a typical month (% with an account) 18.0 3+ withdrawals in a typical month (% with an account) 69.7 ATM is the main mode of deposit (% with an account) 16.1 Bank teller is the main mode of deposit (% with an account) 57.0 Bank agent is the main mode of deposit (% with an account) 1.5 ATM is the main mode of withdrawal (% with an account) 71.9 Bank teller is the main mode of withdrawal (% with an account) 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.8 Has debit card 68.3 Use of Formal Accounts (%, age 15+) Use an account for business purposes 25.1 Use an account to receive wages 47.8 Use an account to receive government payments 43.0 Use an account to receive remittances 11.9 Use an account to send remittances 14.9 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. Use a mobile phone to send money .. Use a mobile phone to receive money .. Savings (%, age 15+) Saved any money in the past year 53.0 Saved at a formal financial institution in the past year 40.9 Saved using a savings club in the past year 3.8 Saved for future expenses in the past year 32.2 Saved for emergencies in the past year 37.2 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.8 Loan from family or friends in the past year 7.8 Loan from an informal private lender in the past year 0.9 Outstanding loan to purchase a home 22.5 Outstanding loan for home construction .. Outstanding loan to pay school fees .. Outstanding loan for health or emergencies .. Outstanding loan for funerals or weddings .. Insurance (%, age 15+) Personally paid for health insurance .. 16 2012 The Little Data Book on Financial Inclusion Country tables Algeria Global Findex data exclude parts of the Southern regions of the country. Angola Global Findex data exclude some rural areas. Azerbaijan Global Findex data exclude Nagorno-Karabakh and territories. Bahrain Global Findex data include only Bahraini nationals and Arab expatriates. Canada Global Findex data exclude Yukon, Northwest Territories, and Nunavut. Central African Republic Global Findex data exclude areas bordering Sudan and Chad. Chad Global Findex data exclude some Eastern areas of the country. China Unless otherwise noted, data for China do not include data for Hong Kong SAR, China; Macao SAR, China; or Taiwan, China. Cyprus GNI per capita and Global Findex data refer to the area controlled by the government of the Republic of Cyprus. Democratic Republic of the Congo Global Findex data exclude North and South Kivu, Ituri, and Haut-Uele. Georgia GNI per capita, population data and Global Findex data exclude Abkhazia and South Ossetia. India Global Findex data exclude Northeast states and remote islands. Israel Global Findex data exclude East Jerusalem. Kuwait Global Findex data include only Kuwaiti nationals and Arab expatriates. Lao People’s Democratic Republic Global Findex data exclude some remote rural areas. Madagascar Global Findex data exclude most rural areas. The Little Data Book on Financial Inclusion 2012 17 Country tables Mali Global Findex data exclude the Northern part of the country. Moldova GNI per capita, population data and Global Findex data exclude Transnistria. Morocco GNI per capita data include Former Spanish Sahara. Niger Global Findex data exclude part of the Agadez region in the North. Oman Global Findex data include only Omani nationals and Arab expatriates. Pakistan Global Findex data exclude Federally Administered Tribal Areas. Qatar Global Findex data include only Qatari nationals and Arab expatriates. Saudi Arabia Global Findex data include only Saudi nationals and Arab expatriates. Somalia Global Findex data exclude regions other than Somaliland. Sudan Global Findex data exclude South Sudan and Darfur region. Tanzania GNI per capita data refer to mainland Tanzania only. Uganda Global Findex data exclude the Northern region United Arab Emirates Global Findex data include only Emirati nationals and Arab expatriates. West Bank and Gaza Global Findex data include East Jerusalem. 18 2012 The Little Data Book on Financial Inclusion South Asia Afghanistan Low income Population (millions) 34.4 GNI per capita ($) 410 Country South Low data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 9.0 33.0 23.7 Male adults (%, age 15+) 15.4 40.7 27.0 Female adults (%, age 15+) 2.6 25.0 20.5 Young adults (%, ages 15–24) 6.3 24.7 15.6 Older adults (%, age 25+) 9.5 36.6 28.2 Adults with a primary education or less (%, age 15+) 5.3 27.8 16.2 Adults with a secondary education or more (%, age 15+) 30.0 54.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.0 25.3 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 15.1 41.0 29.4 Adults living in a rural area (%, age 15+) 5.6 30.8 22.0 Adults living in an urban area (%, age 15+) 26.8 39.2 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 16.2 6.6 5.4 0 deposits in a typical month (% with an account) 21.5 11.7 8.3 1–2 deposits in a typical month (% with an account) 67.1 70.5 64.7 3+ deposits in a typical month (% with an account) 8.6 12.9 23.1 0 withdrawals in a typical month (% with an account) 19.2 15.9 21.2 1–2 withdrawals in a typical month (% with an account) 53.0 66.4 59.1 3+ withdrawals in a typical month (% with an account) 25.1 11.9 16.1 ATM is the main mode of deposit (% with an account) 0.0 2.0 4.3 Bank teller is the main mode of deposit (% with an account) 90.7 85.3 78.8 Bank agent is the main mode of deposit (% with an account) 0.0 5.3 9.1 ATM is the main mode of withdrawal (% with an account) 5.2 18.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 84.0 68.6 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.0 4.0 5.4 Has debit card 4.7 7.2 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.7 4.0 4.6 Use an account to receive wages 7.0 7.4 5.9 Use an account to receive government payments 2.0 3.5 2.5 Use an account to receive remittances 1.7 2.0 4.7 Use an account to send remittances 0.2 1.6 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 2.0 2.6 Use a mobile phone to send money 3.0 0.8 7.1 Use a mobile phone to receive money 6.9 1.9 9.1 Savings (%, age 15+) Saved any money in the past year 14.6 21.3 29.9 Saved at a formal financial institution in the past year 2.8 11.1 11.5 Saved using a savings club in the past year 3.2 3.3 8.2 Saved for future expenses in the past year 9.4 15.5 20.3 Saved for emergencies in the past year 10.4 17.2 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.4 8.7 11.4 Loan from family or friends in the past year 30.2 19.5 30.2 Loan from an informal private lender in the past year 6.4 6.4 7.0 Outstanding loan to purchase a home 8.2 2.4 2.4 Outstanding loan for home construction 15.9 4.4 6.3 Outstanding loan to pay school fees 0.7 4.9 6.9 Outstanding loan for health or emergencies 27.3 14.1 16.1 Outstanding loan for funerals or weddings 29.5 3.9 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.1 5.5 2.2 The Little Data Book on Financial Inclusion 2012 19 Albania Europe & Central Asia Upper middle income Population (millions) 3.2 GNI per capita ($) 3,960 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 28.3 44.9 57.2 Male adults (%, age 15+) 33.7 49.9 61.4 Female adults (%, age 15+) 22.7 40.0 53.1 Young adults (%, ages 15–24) 26.4 31.9 51.7 Older adults (%, age 25+) 28.3 48.4 58.2 Adults with a primary education or less (%, age 15+) 15.1 25.6 47.5 Adults with a secondary education or more (%, age 15+) 36.2 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 18.2 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 35.0 51.1 67.6 Adults living in a rural area (%, age 15+) 24.2 41.6 51.7 Adults living in an urban area (%, age 15+) 32.9 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.8 4.0 11.8 0 deposits in a typical month (% with an account) 16.6 6.5 18.1 1–2 deposits in a typical month (% with an account) 63.0 80.8 64.9 3+ deposits in a typical month (% with an account) 7.8 5.4 9.6 0 withdrawals in a typical month (% with an account) 14.6 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 46.6 61.8 54.7 3+ withdrawals in a typical month (% with an account) 26.4 22.5 19.2 ATM is the main mode of deposit (% with an account) 12.3 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 63.6 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 1.5 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 64.7 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 26.2 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.3 1.0 0.7 Has debit card 21.1 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.3 5.3 4.0 Use an account to receive wages 11.1 27.3 21.3 Use an account to receive government payments 4.7 11.0 9.0 Use an account to receive remittances 5.6 4.8 8.0 Use an account to send remittances 3.5 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 22.7 3.0 1.7 Use a mobile phone to send money 24.2 2.5 0.9 Use a mobile phone to receive money 26.1 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 22.7 20.4 33.7 Saved at a formal financial institution in the past year 8.6 7.0 24.2 Saved using a savings club in the past year 3.0 1.3 2.8 Saved for future expenses in the past year 14.2 12.8 22.0 Saved for emergencies in the past year 14.0 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.5 7.7 7.8 Loan from family or friends in the past year 10.7 28.2 22.8 Loan from an informal private lender in the past year 2.1 1.5 1.5 Outstanding loan to purchase a home 2.2 1.8 4.0 Outstanding loan for home construction 5.4 4.7 4.9 Outstanding loan to pay school fees 2.1 1.7 3.8 Outstanding loan for health or emergencies 2.6 3.6 6.6 Outstanding loan for funerals or weddings 1.3 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 11.2 4.5 31.3 20 2012 The Little Data Book on Financial Inclusion Middle East & North Africa Algeria Upper middle income Population (millions) 35.5 GNI per capita ($) 4,390 Middle Upper Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 33.3 17.7 57.2 Male adults (%, age 15+) 46.1 23.1 61.4 Female adults (%, age 15+) 20.4 12.5 53.1 Young adults (%, ages 15–24) 20.3 12.3 51.7 Older adults (%, age 25+) 39.7 20.3 58.2 Adults with a primary education or less (%, age 15+) 30.1 13.1 47.5 Adults with a secondary education or more (%, age 15+) 40.3 23.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 23.7 8.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 42.2 17.3 67.6 Adults living in a rural area (%, age 15+) 23.6 10.5 51.7 Adults living in an urban area (%, age 15+) 35.6 17.9 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.4 19.1 11.8 0 deposits in a typical month (% with an account) 9.5 30.8 18.1 1–2 deposits in a typical month (% with an account) 78.0 50.8 64.9 3+ deposits in a typical month (% with an account) 12.5 14.6 9.6 0 withdrawals in a typical month (% with an account) 7.3 24.4 17.6 1–2 withdrawals in a typical month (% with an account) 73.3 50.2 54.7 3+ withdrawals in a typical month (% with an account) 19.0 19.3 19.2 ATM is the main mode of deposit (% with an account) 2.3 6.0 17.7 Bank teller is the main mode of deposit (% with an account) 90.8 66.6 66.4 Bank agent is the main mode of deposit (% with an account) 1.9 4.2 1.2 ATM is the main mode of withdrawal (% with an account) 14.2 37.6 46.1 Bank teller is the main mode of withdrawal (% with an account) 80.4 51.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 2.2 1.2 0.7 Has debit card 13.5 9.1 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.5 4.7 4.0 Use an account to receive wages 8.9 6.0 21.3 Use an account to receive government payments 17.4 3.1 9.0 Use an account to receive remittances 1.8 2.7 8.0 Use an account to send remittances 2.1 2.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 9.7 1.0 1.7 Use a mobile phone to send money 21.1 1.3 0.9 Use a mobile phone to receive money 39.0 2.4 1.1 Savings (%, age 15+) Saved any money in the past year 20.9 20.0 33.7 Saved at a formal financial institution in the past year 4.3 4.5 24.2 Saved using a savings club in the past year 1.7 3.6 2.8 Saved for future expenses in the past year 14.5 13.9 22.0 Saved for emergencies in the past year 13.2 15.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.5 5.1 7.8 Loan from family or friends in the past year 24.8 31.1 22.8 Loan from an informal private lender in the past year 1.6 4.7 1.5 Outstanding loan to purchase a home 6.0 4.5 4.0 Outstanding loan for home construction 3.6 7.7 4.9 Outstanding loan to pay school fees 2.1 5.8 3.8 Outstanding loan for health or emergencies 10.5 15.7 6.6 Outstanding loan for funerals or weddings 7.1 5.5 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.5 2.5 31.3 The Little Data Book on Financial Inclusion 2012 21 Angola Sub-Saharan Africa Lower middle income Population (millions) 19.1 GNI per capita ($) 3,940 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 39.2 24.1 28.4 Male adults (%, age 15+) 39.5 26.7 33.9 Female adults (%, age 15+) 38.9 21.4 22.9 Young adults (%, ages 15–24) 30.5 16.8 21.5 Older adults (%, age 25+) 44.2 27.7 31.2 Adults with a primary education or less (%, age 15+) 34.8 14.0 20.8 Adults with a secondary education or more (%, age 15+) 44.3 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 36.1 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 41.4 31.9 36.3 Adults living in a rural area (%, age 15+) 33.9 20.7 25.3 Adults living in an urban area (%, age 15+) 56.5 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.7 3.8 6.8 0 deposits in a typical month (% with an account) 11.0 6.3 11.6 1–2 deposits in a typical month (% with an account) 64.4 69.5 70.9 3+ deposits in a typical month (% with an account) 18.5 21.9 11.8 0 withdrawals in a typical month (% with an account) 8.4 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 46.7 63.3 64.4 3+ withdrawals in a typical month (% with an account) 37.6 23.0 15.1 ATM is the main mode of deposit (% with an account) 7.9 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 80.0 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 0.3 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 49.0 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 38.2 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.4 2.5 3.0 Has debit card 29.8 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.0 5.3 4.1 Use an account to receive wages 21.7 9.9 8.5 Use an account to receive government payments 10.2 5.7 3.9 Use an account to receive remittances 8.2 9.1 3.7 Use an account to send remittances 11.3 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 13.6 3.0 2.0 Use a mobile phone to send money 11.7 11.2 2.4 Use a mobile phone to receive money 19.3 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 36.6 40.2 27.6 Saved at a formal financial institution in the past year 15.9 14.2 11.1 Saved using a savings club in the past year 7.7 19.3 7.2 Saved for future expenses in the past year 25.8 26.0 19.9 Saved for emergencies in the past year 19.6 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.9 4.7 7.3 Loan from family or friends in the past year 26.2 39.9 26.6 Loan from an informal private lender in the past year 4.9 5.4 5.3 Outstanding loan to purchase a home 3.6 2.0 2.2 Outstanding loan for home construction 10.0 4.4 4.7 Outstanding loan to pay school fees 17.7 9.0 6.8 Outstanding loan for health or emergencies 16.4 15.1 14.8 Outstanding loan for funerals or weddings 8.8 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 3.1 3.2 5.1 22 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Argentina Upper middle income Population (millions) 40.4 GNI per capita ($) 8,620 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 33.1 39.2 57.2 Male adults (%, age 15+) 34.6 44.0 61.4 Female adults (%, age 15+) 31.8 34.7 53.1 Young adults (%, ages 15–24) 15.5 26.0 51.7 Older adults (%, age 25+) 37.9 43.6 58.2 Adults with a primary education or less (%, age 15+) 28.3 27.8 47.5 Adults with a secondary education or more (%, age 15+) 36.9 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 22.8 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 41.1 49.1 67.6 Adults living in a rural area (%, age 15+) 44.4 33.6 51.7 Adults living in an urban area (%, age 15+) 31.0 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.3 6.0 11.8 0 deposits in a typical month (% with an account) 25.0 13.0 18.1 1–2 deposits in a typical month (% with an account) 63.7 63.3 64.9 3+ deposits in a typical month (% with an account) 6.8 17.7 9.6 0 withdrawals in a typical month (% with an account) 3.8 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 58.1 53.1 54.7 3+ withdrawals in a typical month (% with an account) 35.4 30.8 19.2 ATM is the main mode of deposit (% with an account) 20.0 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 13.5 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 0.0 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 80.3 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 14.1 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.0 0.8 0.7 Has debit card 29.8 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.3 5.2 4.0 Use an account to receive wages 15.8 20.3 21.3 Use an account to receive government payments 11.3 10.4 9.0 Use an account to receive remittances 0.6 4.2 8.0 Use an account to send remittances 0.6 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.1 1.8 1.7 Use a mobile phone to send money 0.1 0.8 0.9 Use a mobile phone to receive money 0.0 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 24.4 25.7 33.7 Saved at a formal financial institution in the past year 3.8 9.5 24.2 Saved using a savings club in the past year 2.4 3.7 2.8 Saved for future expenses in the past year 13.3 13.1 22.0 Saved for emergencies in the past year 15.0 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.6 7.8 7.8 Loan from family or friends in the past year 7.1 14.2 22.8 Loan from an informal private lender in the past year 0.9 2.3 1.5 Outstanding loan to purchase a home 0.4 1.8 4.0 Outstanding loan for home construction 4.5 4.2 4.9 Outstanding loan to pay school fees 1.4 4.6 3.8 Outstanding loan for health or emergencies 3.1 8.2 6.6 Outstanding loan for funerals or weddings 0.3 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 9.1 6.8 31.3 The Little Data Book on Financial Inclusion 2012 23 Armenia Europe & Central Asia Lower middle income Population (millions) 3.1 GNI per capita ($) 3,200 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 17.5 44.9 28.4 Male adults (%, age 15+) 16.7 49.9 33.9 Female adults (%, age 15+) 18.1 40.0 22.9 Young adults (%, ages 15–24) 13.9 31.9 21.5 Older adults (%, age 25+) 18.4 48.4 31.2 Adults with a primary education or less (%, age 15+) 7.0 25.6 20.8 Adults with a secondary education or more (%, age 15+) 20.3 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 13.8 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 20.3 51.1 36.3 Adults living in a rural area (%, age 15+) 15.4 41.6 25.3 Adults living in an urban area (%, age 15+) 20.4 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.4 4.0 6.8 0 deposits in a typical month (% with an account) 13.2 6.5 11.6 1–2 deposits in a typical month (% with an account) 80.3 80.8 70.9 3+ deposits in a typical month (% with an account) 5.2 5.4 11.8 0 withdrawals in a typical month (% with an account) 19.1 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 59.6 61.8 64.4 3+ withdrawals in a typical month (% with an account) 15.1 22.5 15.1 ATM is the main mode of deposit (% with an account) 12.4 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 41.2 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 55.4 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 36.8 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.0 3.0 Has debit card 5.2 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.5 5.3 4.1 Use an account to receive wages 7.4 27.3 8.5 Use an account to receive government payments 2.5 11.0 3.9 Use an account to receive remittances 2.5 4.8 3.7 Use an account to send remittances 0.3 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 3.0 2.0 Use a mobile phone to send money 3.0 2.5 2.4 Use a mobile phone to receive money 2.0 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 10.5 20.4 27.6 Saved at a formal financial institution in the past year 0.8 7.0 11.1 Saved using a savings club in the past year 0.5 1.3 7.2 Saved for future expenses in the past year 5.6 12.8 19.9 Saved for emergencies in the past year 6.6 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 18.9 7.7 7.3 Loan from family or friends in the past year 32.4 28.2 26.6 Loan from an informal private lender in the past year 3.0 1.5 5.3 Outstanding loan to purchase a home 1.0 1.8 2.2 Outstanding loan for home construction 16.0 4.7 4.7 Outstanding loan to pay school fees 3.8 1.7 6.8 Outstanding loan for health or emergencies 15.1 3.6 14.8 Outstanding loan for funerals or weddings 5.4 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.6 4.5 5.1 24 2012 The Little Data Book on Financial Inclusion Australia High income Population (millions) 22.3 GNI per capita ($) 46,200 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 99.1 89.4 Male adults (%, age 15+) 99.6 91.7 Female adults (%, age 15+) 98.6 87.3 Young adults (%, ages 15–24) 98.8 76.8 Older adults (%, age 25+) 99.1 92.2 Adults with a primary education or less (%, age 15+) 100.0 72.9 Adults with a secondary education or more (%, age 15+) 99.2 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 98.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.5 92.1 Adults living in a rural area (%, age 15+) 99.5 87.0 Adults living in an urban area (%, age 15+) 99.0 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.2 2.1 0 deposits in a typical month (% with an account) 2.4 6.4 1–2 deposits in a typical month (% with an account) 36.7 56.1 3+ deposits in a typical month (% with an account) 58.3 34.0 0 withdrawals in a typical month (% with an account) 0.7 3.9 1–2 withdrawals in a typical month (% with an account) 9.8 18.8 3+ withdrawals in a typical month (% with an account) 86.7 71.7 ATM is the main mode of deposit (% with an account) 4.0 26.2 Bank teller is the main mode of deposit (% with an account) 69.4 53.7 Bank agent is the main mode of deposit (% with an account) 7.7 3.0 ATM is the main mode of withdrawal (% with an account) 68.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 9.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.0 0.8 Has debit card 79.1 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 36.1 24.4 Use an account to receive wages 68.2 49.5 Use an account to receive government payments 59.3 42.0 Use an account to receive remittances 17.5 13.2 Use an account to send remittances 25.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 68.3 58.3 Saved at a formal financial institution in the past year 61.9 44.6 Saved using a savings club in the past year 6.5 5.4 Saved for future expenses in the past year 43.2 37.4 Saved for emergencies in the past year 50.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 17.0 13.8 Loan from family or friends in the past year 12.6 12.3 Loan from an informal private lender in the past year 1.1 2.3 Outstanding loan to purchase a home 37.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 25 Austria High income Population (millions) 8.4 GNI per capita ($) 47,030 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 97.1 89.4 Male adults (%, age 15+) 97.7 91.7 Female adults (%, age 15+) 96.6 87.3 Young adults (%, ages 15–24) 92.5 76.8 Older adults (%, age 25+) 97.7 92.2 Adults with a primary education or less (%, age 15+) 88.9 72.9 Adults with a secondary education or more (%, age 15+) 98.3 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 96.0 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.8 92.1 Adults living in a rural area (%, age 15+) 97.7 87.0 Adults living in an urban area (%, age 15+) 96.0 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.0 2.1 0 deposits in a typical month (% with an account) 1.6 6.4 1–2 deposits in a typical month (% with an account) 66.8 56.1 3+ deposits in a typical month (% with an account) 26.0 34.0 0 withdrawals in a typical month (% with an account) 1.3 3.9 1–2 withdrawals in a typical month (% with an account) 7.9 18.8 3+ withdrawals in a typical month (% with an account) 83.4 71.7 ATM is the main mode of deposit (% with an account) 9.5 26.2 Bank teller is the main mode of deposit (% with an account) 69.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.9 3.0 ATM is the main mode of withdrawal (% with an account) 76.7 68.7 Bank teller is the main mode of withdrawal (% with an account) 20.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.3 0.8 Has debit card 86.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 34.2 24.4 Use an account to receive wages 55.8 49.5 Use an account to receive government payments 37.7 42.0 Use an account to receive remittances 10.2 13.2 Use an account to send remittances 16.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 78.3 58.3 Saved at a formal financial institution in the past year 51.6 44.6 Saved using a savings club in the past year 12.9 5.4 Saved for future expenses in the past year 52.7 37.4 Saved for emergencies in the past year 62.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.3 13.8 Loan from family or friends in the past year 6.0 12.3 Loan from an informal private lender in the past year 0.3 2.3 Outstanding loan to purchase a home 25.3 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 26 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Azerbaijan Upper middle income Population (millions) 9.1 GNI per capita ($) 5,330 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 14.9 44.9 57.2 Male adults (%, age 15+) 15.6 49.9 61.4 Female adults (%, age 15+) 14.3 40.0 53.1 Young adults (%, ages 15–24) 4.5 31.9 51.7 Older adults (%, age 25+) 18.8 48.4 58.2 Adults with a primary education or less (%, age 15+) 8.7 25.6 47.5 Adults with a secondary education or more (%, age 15+) 16.9 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 11.7 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 17.6 51.1 67.6 Adults living in a rural area (%, age 15+) 12.4 41.6 51.7 Adults living in an urban area (%, age 15+) 22.6 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.4 4.0 11.8 0 deposits in a typical month (% with an account) 1.4 6.5 18.1 1–2 deposits in a typical month (% with an account) 76.2 80.8 64.9 3+ deposits in a typical month (% with an account) 11.6 5.4 9.6 0 withdrawals in a typical month (% with an account) 2.8 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 82.2 61.8 54.7 3+ withdrawals in a typical month (% with an account) 6.0 22.5 19.2 ATM is the main mode of deposit (% with an account) 12.7 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 11.1 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 1.8 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 88.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 4.7 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.9 1.0 0.7 Has debit card 10.0 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.0 5.3 4.0 Use an account to receive wages 2.5 27.3 21.3 Use an account to receive government payments 12.6 11.0 9.0 Use an account to receive remittances 0.6 4.8 8.0 Use an account to send remittances 0.2 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.1 3.0 1.7 Use a mobile phone to send money 0.0 2.5 0.9 Use a mobile phone to receive money 0.1 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 10.8 20.4 33.7 Saved at a formal financial institution in the past year 1.6 7.0 24.2 Saved using a savings club in the past year 0.6 1.3 2.8 Saved for future expenses in the past year 6.4 12.8 22.0 Saved for emergencies in the past year 9.1 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 17.7 7.7 7.8 Loan from family or friends in the past year 26.9 28.2 22.8 Loan from an informal private lender in the past year 2.6 1.5 1.5 Outstanding loan to purchase a home 0.3 1.8 4.0 Outstanding loan for home construction 6.8 4.7 4.9 Outstanding loan to pay school fees 5.3 1.7 3.8 Outstanding loan for health or emergencies 11.4 3.6 6.6 Outstanding loan for funerals or weddings 2.7 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 1.1 4.5 31.3 The Little Data Book on Financial Inclusion 2012 27 Bahrain High income Population (millions) 1.3 GNI per capita ($) 18,730 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 64.5 89.4 Male adults (%, age 15+) 79.0 91.7 Female adults (%, age 15+) 48.8 87.3 Young adults (%, ages 15–24) 41.4 76.8 Older adults (%, age 25+) 74.0 92.2 Adults with a primary education or less (%, age 15+) 63.0 72.9 Adults with a secondary education or more (%, age 15+) 65.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 64.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 63.9 92.1 Adults living in a rural area (%, age 15+) .. 87.0 Adults living in an urban area (%, age 15+) .. 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.1 2.1 0 deposits in a typical month (% with an account) 28.1 6.4 1–2 deposits in a typical month (% with an account) 49.4 56.1 3+ deposits in a typical month (% with an account) 18.6 34.0 0 withdrawals in a typical month (% with an account) 2.1 3.9 1–2 withdrawals in a typical month (% with an account) 13.3 18.8 3+ withdrawals in a typical month (% with an account) 82.3 71.7 ATM is the main mode of deposit (% with an account) 14.9 26.2 Bank teller is the main mode of deposit (% with an account) 63.3 53.7 Bank agent is the main mode of deposit (% with an account) 1.5 3.0 ATM is the main mode of withdrawal (% with an account) 90.7 68.7 Bank teller is the main mode of withdrawal (% with an account) 6.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.9 0.8 Has debit card 62.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.4 24.4 Use an account to receive wages 9.5 49.5 Use an account to receive government payments 34.2 42.0 Use an account to receive remittances 5.6 13.2 Use an account to send remittances 10.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 15.1 .. Use a mobile phone to send money 4.1 .. Use a mobile phone to receive money 3.4 .. Savings (%, age 15+) Saved any money in the past year 40.3 58.3 Saved at a formal financial institution in the past year 16.3 44.6 Saved using a savings club in the past year 25.2 5.4 Saved for future expenses in the past year 22.5 37.4 Saved for emergencies in the past year 30.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 21.9 13.8 Loan from family or friends in the past year 20.7 12.3 Loan from an informal private lender in the past year 11.2 2.3 Outstanding loan to purchase a home 4.0 23.8 Outstanding loan for home construction 14.9 .. Outstanding loan to pay school fees 12.8 .. Outstanding loan for health or emergencies 17.8 .. Outstanding loan for funerals or weddings 3.3 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 28 2012 The Little Data Book on Financial Inclusion South Asia Bangladesh Low income Population (millions) 148.7 GNI per capita ($) 700 Country South Low data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 39.6 33.0 23.7 Male adults (%, age 15+) 44.1 40.7 27.0 Female adults (%, age 15+) 34.9 25.0 20.5 Young adults (%, ages 15–24) 25.6 24.7 15.6 Older adults (%, age 25+) 46.6 36.6 28.2 Adults with a primary education or less (%, age 15+) 32.0 27.8 16.2 Adults with a secondary education or more (%, age 15+) 47.2 54.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 34.7 25.3 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 43.1 41.0 29.4 Adults living in a rural area (%, age 15+) 38.5 30.8 22.0 Adults living in an urban area (%, age 15+) 45.9 39.2 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.5 6.6 5.4 0 deposits in a typical month (% with an account) 11.0 11.7 8.3 1–2 deposits in a typical month (% with an account) 53.0 70.5 64.7 3+ deposits in a typical month (% with an account) 32.5 12.9 23.1 0 withdrawals in a typical month (% with an account) 39.1 15.9 21.2 1–2 withdrawals in a typical month (% with an account) 47.6 66.4 59.1 3+ withdrawals in a typical month (% with an account) 9.4 11.9 16.1 ATM is the main mode of deposit (% with an account) 0.8 2.0 4.3 Bank teller is the main mode of deposit (% with an account) 73.7 85.3 78.8 Bank agent is the main mode of deposit (% with an account) 18.3 5.3 9.1 ATM is the main mode of withdrawal (% with an account) 2.8 18.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 79.2 68.6 62.9 Bank agent is the main mode of withdrawal (% with an account) 8.2 4.0 5.4 Has debit card 2.3 7.2 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.5 4.0 4.6 Use an account to receive wages 3.1 7.4 5.9 Use an account to receive government payments 1.9 3.5 2.5 Use an account to receive remittances 3.0 2.0 4.7 Use an account to send remittances 1.2 1.6 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.7 2.0 2.6 Use a mobile phone to send money 1.0 0.8 7.1 Use a mobile phone to receive money 1.2 1.9 9.1 Savings (%, age 15+) Saved any money in the past year 26.8 21.3 29.9 Saved at a formal financial institution in the past year 16.6 11.1 11.5 Saved using a savings club in the past year 3.6 3.3 8.2 Saved for future expenses in the past year 17.7 15.5 20.3 Saved for emergencies in the past year 23.3 17.2 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 23.3 8.7 11.4 Loan from family or friends in the past year 10.5 19.5 30.2 Loan from an informal private lender in the past year 6.8 6.4 7.0 Outstanding loan to purchase a home 2.4 2.4 2.4 Outstanding loan for home construction 5.8 4.4 6.3 Outstanding loan to pay school fees 1.8 4.9 6.9 Outstanding loan for health or emergencies 6.4 14.1 16.1 Outstanding loan for funerals or weddings 2.2 3.9 5.4 Insurance (%, age 15+) Personally paid for health insurance 2.1 5.5 2.2 The Little Data Book on Financial Inclusion 2012 29 Belarus Europe & Central Asia Upper middle income Population (millions) 9.5 GNI per capita ($) 5,950 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 58.6 44.9 57.2 Male adults (%, age 15+) 59.2 49.9 61.4 Female adults (%, age 15+) 58.1 40.0 53.1 Young adults (%, ages 15–24) 41.7 31.9 51.7 Older adults (%, age 25+) 62.4 48.4 58.2 Adults with a primary education or less (%, age 15+) 13.7 25.6 47.5 Adults with a secondary education or more (%, age 15+) 67.4 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 40.6 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 70.0 51.1 67.6 Adults living in a rural area (%, age 15+) 49.3 41.6 51.7 Adults living in an urban area (%, age 15+) 68.6 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.3 4.0 11.8 0 deposits in a typical month (% with an account) 1.0 6.5 18.1 1–2 deposits in a typical month (% with an account) 94.4 80.8 64.9 3+ deposits in a typical month (% with an account) 2.7 5.4 9.6 0 withdrawals in a typical month (% with an account) 2.4 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 45.3 61.8 54.7 3+ withdrawals in a typical month (% with an account) 44.6 22.5 19.2 ATM is the main mode of deposit (% with an account) 7.3 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 27.2 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.9 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 80.5 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 16.7 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.3 1.0 0.7 Has debit card 50.3 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.7 5.3 4.0 Use an account to receive wages 49.1 27.3 21.3 Use an account to receive government payments 11.4 11.0 9.0 Use an account to receive remittances 2.3 4.8 8.0 Use an account to send remittances 2.8 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.0 3.0 1.7 Use a mobile phone to send money 1.5 2.5 0.9 Use a mobile phone to receive money 1.0 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 26.4 20.4 33.7 Saved at a formal financial institution in the past year 6.8 7.0 24.2 Saved using a savings club in the past year 0.5 1.3 2.8 Saved for future expenses in the past year 17.1 12.8 22.0 Saved for emergencies in the past year 15.3 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 16.1 7.7 7.8 Loan from family or friends in the past year 38.7 28.2 22.8 Loan from an informal private lender in the past year 1.8 1.5 1.5 Outstanding loan to purchase a home 9.6 1.8 4.0 Outstanding loan for home construction 10.6 4.7 4.9 Outstanding loan to pay school fees 2.4 1.7 3.8 Outstanding loan for health or emergencies 1.9 3.6 6.6 Outstanding loan for funerals or weddings 1.0 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.1 4.5 31.3 30 2012 The Little Data Book on Financial Inclusion Belgium High income Population (millions) 10.9 GNI per capita ($) 45,840 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 96.3 89.4 Male adults (%, age 15+) 95.3 91.7 Female adults (%, age 15+) 97.2 87.3 Young adults (%, ages 15–24) 89.7 76.8 Older adults (%, age 25+) 98.1 92.2 Adults with a primary education or less (%, age 15+) 87.3 72.9 Adults with a secondary education or more (%, age 15+) 98.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 95.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.1 92.1 Adults living in a rural area (%, age 15+) 96.1 87.0 Adults living in an urban area (%, age 15+) 96.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.4 2.1 0 deposits in a typical month (% with an account) 2.1 6.4 1–2 deposits in a typical month (% with an account) 69.9 56.1 3+ deposits in a typical month (% with an account) 21.5 34.0 0 withdrawals in a typical month (% with an account) 1.7 3.9 1–2 withdrawals in a typical month (% with an account) 17.3 18.8 3+ withdrawals in a typical month (% with an account) 70.8 71.7 ATM is the main mode of deposit (% with an account) 25.7 26.2 Bank teller is the main mode of deposit (% with an account) 33.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.7 3.0 ATM is the main mode of withdrawal (% with an account) 76.7 68.7 Bank teller is the main mode of withdrawal (% with an account) 11.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.6 0.8 Has debit card 85.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 25.2 24.4 Use an account to receive wages 47.9 49.5 Use an account to receive government payments 50.8 42.0 Use an account to receive remittances 10.8 13.2 Use an account to send remittances 12.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 57.8 58.3 Saved at a formal financial institution in the past year 42.6 44.6 Saved using a savings club in the past year 4.4 5.4 Saved for future expenses in the past year 35.1 37.4 Saved for emergencies in the past year 35.5 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.5 13.8 Loan from family or friends in the past year 5.4 12.3 Loan from an informal private lender in the past year 0.8 2.3 Outstanding loan to purchase a home 33.3 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 31 Benin Sub-Saharan Africa Low income Population (millions) 8.9 GNI per capita ($) 780 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 10.5 24.1 23.7 Male adults (%, age 15+) 11.2 26.7 27.0 Female adults (%, age 15+) 9.8 21.4 20.5 Young adults (%, ages 15–24) 2.8 16.8 15.6 Older adults (%, age 25+) 15.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 8.6 14.0 16.2 Adults with a secondary education or more (%, age 15+) 19.9 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 5.2 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 14.0 31.9 29.4 Adults living in a rural area (%, age 15+) 8.5 20.7 22.0 Adults living in an urban area (%, age 15+) 34.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.6 3.8 5.4 0 deposits in a typical month (% with an account) 7.5 6.3 8.3 1–2 deposits in a typical month (% with an account) 72.0 69.5 64.7 3+ deposits in a typical month (% with an account) 14.3 21.9 23.1 0 withdrawals in a typical month (% with an account) 8.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 64.9 63.3 59.1 3+ withdrawals in a typical month (% with an account) 19.5 23.0 16.1 ATM is the main mode of deposit (% with an account) 0.8 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 91.5 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 3.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 0.4 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 93.5 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 2.5 2.5 5.4 Has debit card 0.7 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.5 5.3 4.6 Use an account to receive wages 3.2 9.9 5.9 Use an account to receive government payments 0.8 5.7 2.5 Use an account to receive remittances 2.8 9.1 4.7 Use an account to send remittances 1.8 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.2 3.0 2.6 Use a mobile phone to send money 0.2 11.2 7.1 Use a mobile phone to receive money 0.4 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 32.4 40.2 29.9 Saved at a formal financial institution in the past year 7.0 14.2 11.5 Saved using a savings club in the past year 15.6 19.3 8.2 Saved for future expenses in the past year 21.8 26.0 20.3 Saved for emergencies in the past year 23.6 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.2 4.7 11.4 Loan from family or friends in the past year 32.5 39.9 30.2 Loan from an informal private lender in the past year 8.7 5.4 7.0 Outstanding loan to purchase a home 0.4 2.0 2.4 Outstanding loan for home construction 3.2 4.4 6.3 Outstanding loan to pay school fees 7.0 9.0 6.9 Outstanding loan for health or emergencies 16.6 15.1 16.1 Outstanding loan for funerals or weddings 4.6 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.7 3.2 2.2 32 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Bolivia Lower middle income Population (millions) 9.9 GNI per capita ($) 1,810 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 28.0 39.2 28.4 Male adults (%, age 15+) 31.1 44.0 33.9 Female adults (%, age 15+) 25.1 34.7 22.9 Young adults (%, ages 15–24) 19.4 26.0 21.5 Older adults (%, age 25+) 32.0 43.6 31.2 Adults with a primary education or less (%, age 15+) 12.8 27.8 20.8 Adults with a secondary education or more (%, age 15+) 34.3 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 17.1 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 35.8 49.1 36.3 Adults living in a rural area (%, age 15+) 20.4 33.6 25.3 Adults living in an urban area (%, age 15+) 34.4 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 8.4 6.0 6.8 0 deposits in a typical month (% with an account) 14.4 13.0 11.6 1–2 deposits in a typical month (% with an account) 65.3 63.3 70.9 3+ deposits in a typical month (% with an account) 13.5 17.7 11.8 0 withdrawals in a typical month (% with an account) 20.1 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 49.9 53.1 64.4 3+ withdrawals in a typical month (% with an account) 20.8 30.8 15.1 ATM is the main mode of deposit (% with an account) 2.5 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 90.1 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 0.3 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 38.0 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 49.4 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.1 0.8 3.0 Has debit card 12.8 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.4 5.2 4.1 Use an account to receive wages 9.5 20.3 8.5 Use an account to receive government payments 2.0 10.4 3.9 Use an account to receive remittances 4.0 4.2 3.7 Use an account to send remittances 2.5 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.6 1.8 2.0 Use a mobile phone to send money 4.0 0.8 2.4 Use a mobile phone to receive money 6.8 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 44.2 25.7 27.6 Saved at a formal financial institution in the past year 17.1 9.5 11.1 Saved using a savings club in the past year 3.5 3.7 7.2 Saved for future expenses in the past year 25.5 13.1 19.9 Saved for emergencies in the past year 37.6 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 16.6 7.8 7.3 Loan from family or friends in the past year 8.4 14.2 26.6 Loan from an informal private lender in the past year 3.2 2.3 5.3 Outstanding loan to purchase a home 4.0 1.8 2.2 Outstanding loan for home construction 7.4 4.2 4.7 Outstanding loan to pay school fees 5.8 4.6 6.8 Outstanding loan for health or emergencies 5.6 8.2 14.8 Outstanding loan for funerals or weddings 2.0 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 3.7 6.8 5.1 The Little Data Book on Financial Inclusion 2012 33 Bosnia and Herzegovina Europe & Central Asia Upper middle income Population (millions) 3.8 GNI per capita ($) 4,770 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 56.2 44.9 57.2 Male adults (%, age 15+) 67.2 49.9 61.4 Female adults (%, age 15+) 47.7 40.0 53.1 Young adults (%, ages 15–24) 46.4 31.9 51.7 Older adults (%, age 25+) 57.6 48.4 58.2 Adults with a primary education or less (%, age 15+) 34.2 25.6 47.5 Adults with a secondary education or more (%, age 15+) 67.9 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 41.9 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 67.6 51.1 67.6 Adults living in a rural area (%, age 15+) 54.7 41.6 51.7 Adults living in an urban area (%, age 15+) 59.7 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.0 4.0 11.8 0 deposits in a typical month (% with an account) 5.3 6.5 18.1 1–2 deposits in a typical month (% with an account) 80.2 80.8 64.9 3+ deposits in a typical month (% with an account) 6.2 5.4 9.6 0 withdrawals in a typical month (% with an account) 2.6 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 57.8 61.8 54.7 3+ withdrawals in a typical month (% with an account) 31.9 22.5 19.2 ATM is the main mode of deposit (% with an account) 3.5 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 62.2 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.4 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 42.9 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 49.6 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.2 1.0 0.7 Has debit card 34.4 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 11.0 5.3 4.0 Use an account to receive wages 34.7 27.3 21.3 Use an account to receive government payments 15.1 11.0 9.0 Use an account to receive remittances 7.6 4.8 8.0 Use an account to send remittances 2.7 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 3.0 1.7 Use a mobile phone to send money 1.4 2.5 0.9 Use a mobile phone to receive money 1.3 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 13.5 20.4 33.7 Saved at a formal financial institution in the past year 6.1 7.0 24.2 Saved using a savings club in the past year 0.8 1.3 2.8 Saved for future expenses in the past year 7.6 12.8 22.0 Saved for emergencies in the past year 8.3 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 13.0 7.7 7.8 Loan from family or friends in the past year 15.6 28.2 22.8 Loan from an informal private lender in the past year 1.1 1.5 1.5 Outstanding loan to purchase a home 3.5 1.8 4.0 Outstanding loan for home construction 10.5 4.7 4.9 Outstanding loan to pay school fees 3.3 1.7 3.8 Outstanding loan for health or emergencies 4.7 3.6 6.6 Outstanding loan for funerals or weddings 2.1 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.8 4.5 31.3 34 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Botswana Upper middle income Population (millions) 2.0 GNI per capita ($) 6,790 Sub- Upper Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 30.3 24.1 57.2 Male adults (%, age 15+) 32.2 26.7 61.4 Female adults (%, age 15+) 28.4 21.4 53.1 Young adults (%, ages 15–24) 20.3 16.8 51.7 Older adults (%, age 25+) 35.8 27.7 58.2 Adults with a primary education or less (%, age 15+) 18.5 14.0 47.5 Adults with a secondary education or more (%, age 15+) 39.1 36.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 13.8 13.9 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 44.5 31.9 67.6 Adults living in a rural area (%, age 15+) 21.8 20.7 51.7 Adults living in an urban area (%, age 15+) 49.2 39.7 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.3 3.8 11.8 0 deposits in a typical month (% with an account) 3.6 6.3 18.1 1–2 deposits in a typical month (% with an account) 82.3 69.5 64.9 3+ deposits in a typical month (% with an account) 14.0 21.9 9.6 0 withdrawals in a typical month (% with an account) 4.4 11.7 17.6 1–2 withdrawals in a typical month (% with an account) 59.9 63.3 54.7 3+ withdrawals in a typical month (% with an account) 35.8 23.0 19.2 ATM is the main mode of deposit (% with an account) 7.5 6.6 17.7 Bank teller is the main mode of deposit (% with an account) 88.5 84.0 66.4 Bank agent is the main mode of deposit (% with an account) 1.4 2.7 1.2 ATM is the main mode of withdrawal (% with an account) 78.0 42.0 46.1 Bank teller is the main mode of withdrawal (% with an account) 19.7 49.2 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.9 2.5 0.7 Has debit card 15.6 15.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.8 5.3 4.0 Use an account to receive wages 10.9 9.9 21.3 Use an account to receive government payments 8.6 5.7 9.0 Use an account to receive remittances 12.3 9.1 8.0 Use an account to send remittances 8.0 6.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.2 3.0 1.7 Use a mobile phone to send money 5.1 11.2 0.9 Use a mobile phone to receive money 8.0 14.5 1.1 Savings (%, age 15+) Saved any money in the past year 28.8 40.2 33.7 Saved at a formal financial institution in the past year 16.5 14.2 24.2 Saved using a savings club in the past year 14.2 19.3 2.8 Saved for future expenses in the past year 12.7 26.0 22.0 Saved for emergencies in the past year 24.4 31.3 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 5.6 4.7 7.8 Loan from family or friends in the past year 46.5 39.9 22.8 Loan from an informal private lender in the past year 5.4 5.4 1.5 Outstanding loan to purchase a home 1.4 2.0 4.0 Outstanding loan for home construction 2.4 4.4 4.9 Outstanding loan to pay school fees 2.3 9.0 3.8 Outstanding loan for health or emergencies 3.1 15.1 6.6 Outstanding loan for funerals or weddings 1.8 4.6 1.2 Insurance (%, age 15+) Personally paid for health insurance 5.3 3.2 31.3 The Little Data Book on Financial Inclusion 2012 35 Brazil Latin America & Caribbean Upper middle income Population (millions) 194.9 GNI per capita ($) 9,390 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 55.9 39.2 57.2 Male adults (%, age 15+) 61.1 44.0 61.4 Female adults (%, age 15+) 51.0 34.7 53.1 Young adults (%, ages 15–24) 36.3 26.0 51.7 Older adults (%, age 25+) 62.1 43.6 58.2 Adults with a primary education or less (%, age 15+) 47.2 27.8 47.5 Adults with a secondary education or more (%, age 15+) 63.8 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 41.2 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 65.6 49.1 67.6 Adults living in a rural area (%, age 15+) 51.9 33.6 51.7 Adults living in an urban area (%, age 15+) 59.3 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.5 6.0 11.8 0 deposits in a typical month (% with an account) 8.2 13.0 18.1 1–2 deposits in a typical month (% with an account) 70.9 63.3 64.9 3+ deposits in a typical month (% with an account) 17.0 17.7 9.6 0 withdrawals in a typical month (% with an account) 6.8 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 59.1 53.1 54.7 3+ withdrawals in a typical month (% with an account) 30.7 30.8 19.2 ATM is the main mode of deposit (% with an account) 36.3 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 41.4 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 1.4 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 57.5 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 32.3 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.3 0.8 0.7 Has debit card 41.2 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.9 5.2 4.0 Use an account to receive wages 28.9 20.3 21.3 Use an account to receive government payments 19.7 10.4 9.0 Use an account to receive remittances 4.7 4.2 8.0 Use an account to send remittances 3.3 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 1.8 1.7 Use a mobile phone to send money 0.0 0.8 0.9 Use a mobile phone to receive money 0.8 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 21.1 25.7 33.7 Saved at a formal financial institution in the past year 10.3 9.5 24.2 Saved using a savings club in the past year 2.1 3.7 2.8 Saved for future expenses in the past year 8.3 13.1 22.0 Saved for emergencies in the past year 16.0 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.3 7.8 7.8 Loan from family or friends in the past year 15.6 14.2 22.8 Loan from an informal private lender in the past year 1.0 2.3 1.5 Outstanding loan to purchase a home 1.3 1.8 4.0 Outstanding loan for home construction 3.0 4.2 4.9 Outstanding loan to pay school fees 1.5 4.6 3.8 Outstanding loan for health or emergencies 5.3 8.2 6.6 Outstanding loan for funerals or weddings 1.4 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 7.6 6.8 31.3 36 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Bulgaria Upper middle income Population (millions) 7.5 GNI per capita ($) 6,280 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 52.8 44.9 57.2 Male adults (%, age 15+) 49.9 49.9 61.4 Female adults (%, age 15+) 55.5 40.0 53.1 Young adults (%, ages 15–24) 45.2 31.9 51.7 Older adults (%, age 25+) 53.7 48.4 58.2 Adults with a primary education or less (%, age 15+) 25.7 25.6 47.5 Adults with a secondary education or more (%, age 15+) 68.1 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 37.0 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 62.6 51.1 67.6 Adults living in a rural area (%, age 15+) 45.4 41.6 51.7 Adults living in an urban area (%, age 15+) 62.0 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 8.8 4.0 11.8 0 deposits in a typical month (% with an account) 10.4 6.5 18.1 1–2 deposits in a typical month (% with an account) 79.0 80.8 64.9 3+ deposits in a typical month (% with an account) 4.4 5.4 9.6 0 withdrawals in a typical month (% with an account) 10.3 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 62.1 61.8 54.7 3+ withdrawals in a typical month (% with an account) 19.8 22.5 19.2 ATM is the main mode of deposit (% with an account) 0.1 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 51.8 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 4.1 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 76.5 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 14.8 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.7 1.0 0.7 Has debit card 45.8 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.6 5.3 4.0 Use an account to receive wages 30.7 27.3 21.3 Use an account to receive government payments 6.0 11.0 9.0 Use an account to receive remittances 5.6 4.8 8.0 Use an account to send remittances 2.2 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 3.0 1.7 Use a mobile phone to send money 0.2 2.5 0.9 Use a mobile phone to receive money 0.2 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 10.9 20.4 33.7 Saved at a formal financial institution in the past year 4.8 7.0 24.2 Saved using a savings club in the past year 0.4 1.3 2.8 Saved for future expenses in the past year 4.9 12.8 22.0 Saved for emergencies in the past year 9.2 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.8 7.7 7.8 Loan from family or friends in the past year 21.6 28.2 22.8 Loan from an informal private lender in the past year 1.4 1.5 1.5 Outstanding loan to purchase a home 1.9 1.8 4.0 Outstanding loan for home construction 9.6 4.7 4.9 Outstanding loan to pay school fees 1.8 1.7 3.8 Outstanding loan for health or emergencies 10.8 3.6 6.6 Outstanding loan for funerals or weddings 1.0 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.9 4.5 31.3 The Little Data Book on Financial Inclusion 2012 37 Burkina Faso Sub-Saharan Africa Low income Population (millions) 16.5 GNI per capita ($) 550 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 13.4 24.1 23.7 Male adults (%, age 15+) 15.7 26.7 27.0 Female adults (%, age 15+) 10.8 21.4 20.5 Young adults (%, ages 15–24) 5.7 16.8 15.6 Older adults (%, age 25+) 18.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 11.3 14.0 16.2 Adults with a secondary education or more (%, age 15+) 35.1 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 6.4 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 18.9 31.9 29.4 Adults living in a rural area (%, age 15+) 11.8 20.7 22.0 Adults living in an urban area (%, age 15+) 35.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.3 3.8 5.4 0 deposits in a typical month (% with an account) 8.8 6.3 8.3 1–2 deposits in a typical month (% with an account) 56.8 69.5 64.7 3+ deposits in a typical month (% with an account) 13.0 21.9 23.1 0 withdrawals in a typical month (% with an account) 18.0 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 67.3 63.3 59.1 3+ withdrawals in a typical month (% with an account) 8.6 23.0 16.1 ATM is the main mode of deposit (% with an account) 0.0 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 91.8 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 2.7 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 3.6 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 88.6 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 2.3 2.5 5.4 Has debit card 2.0 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.3 5.3 4.6 Use an account to receive wages 2.3 9.9 5.9 Use an account to receive government payments 1.4 5.7 2.5 Use an account to receive remittances 1.2 9.1 4.7 Use an account to send remittances 0.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 3.0 2.6 Use a mobile phone to send money 0.2 11.2 7.1 Use a mobile phone to receive money 0.6 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 38.0 40.2 29.9 Saved at a formal financial institution in the past year 7.9 14.2 11.5 Saved using a savings club in the past year 7.9 19.3 8.2 Saved for future expenses in the past year 26.0 26.0 20.3 Saved for emergencies in the past year 21.9 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.1 4.7 11.4 Loan from family or friends in the past year 31.2 39.9 30.2 Loan from an informal private lender in the past year 3.1 5.4 7.0 Outstanding loan to purchase a home 0.4 2.0 2.4 Outstanding loan for home construction 2.5 4.4 6.3 Outstanding loan to pay school fees 11.6 9.0 6.9 Outstanding loan for health or emergencies 22.4 15.1 16.1 Outstanding loan for funerals or weddings 7.9 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.8 3.2 2.2 38 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Burundi Low income Population (millions) 8.4 GNI per capita ($) 170 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 7.2 24.1 23.7 Male adults (%, age 15+) 8.6 26.7 27.0 Female adults (%, age 15+) 5.9 21.4 20.5 Young adults (%, ages 15–24) 4.9 16.8 15.6 Older adults (%, age 25+) 8.5 27.7 28.2 Adults with a primary education or less (%, age 15+) 5.7 14.0 16.2 Adults with a secondary education or more (%, age 15+) 29.4 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 3.7 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 9.7 31.9 29.4 Adults living in a rural area (%, age 15+) 7.0 20.7 22.0 Adults living in an urban area (%, age 15+) 24.6 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 9.3 3.8 5.4 0 deposits in a typical month (% with an account) 15.0 6.3 8.3 1–2 deposits in a typical month (% with an account) 73.6 69.5 64.7 3+ deposits in a typical month (% with an account) 11.4 21.9 23.1 0 withdrawals in a typical month (% with an account) 34.6 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 50.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 14.8 23.0 16.1 ATM is the main mode of deposit (% with an account) 8.7 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 86.0 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 1.8 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 3.4 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 92.3 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.0 2.5 5.4 Has debit card 0.8 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.9 5.3 4.6 Use an account to receive wages 2.4 9.9 5.9 Use an account to receive government payments 2.2 5.7 2.5 Use an account to receive remittances 1.5 9.1 4.7 Use an account to send remittances 0.5 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 3.0 2.6 Use a mobile phone to send money 4.0 11.2 7.1 Use a mobile phone to receive money 4.7 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 25.2 40.2 29.9 Saved at a formal financial institution in the past year 3.3 14.2 11.5 Saved using a savings club in the past year 1.9 19.3 8.2 Saved for future expenses in the past year 11.2 26.0 20.3 Saved for emergencies in the past year 8.7 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.7 4.7 11.4 Loan from family or friends in the past year 43.9 39.9 30.2 Loan from an informal private lender in the past year 12.4 5.4 7.0 Outstanding loan to purchase a home 0.5 2.0 2.4 Outstanding loan for home construction 1.9 4.4 6.3 Outstanding loan to pay school fees 10.6 9.0 6.9 Outstanding loan for health or emergencies 29.8 15.1 16.1 Outstanding loan for funerals or weddings 4.6 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 3.5 3.2 2.2 The Little Data Book on Financial Inclusion 2012 39 Cambodia East Asia & Pacific Low income Population (millions) 14.1 GNI per capita ($) 750 East Country Asia & Low data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 3.7 54.9 23.7 Male adults (%, age 15+) 3.6 57.6 27.0 Female adults (%, age 15+) 3.7 52.3 20.5 Young adults (%, ages 15–24) 4.5 52.1 15.6 Older adults (%, age 25+) 3.4 54.9 28.2 Adults with a primary education or less (%, age 15+) 2.2 46.5 16.2 Adults with a secondary education or more (%, age 15+) 15.5 71.0 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.7 39.8 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 5.4 65.6 29.4 Adults living in a rural area (%, age 15+) 2.4 49.5 22.0 Adults living in an urban area (%, age 15+) 10.2 70.8 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 11.9 13.2 5.4 0 deposits in a typical month (% with an account) 16.8 19.1 8.3 1–2 deposits in a typical month (% with an account) 77.3 64.6 64.7 3+ deposits in a typical month (% with an account) 5.9 7.8 23.1 0 withdrawals in a typical month (% with an account) 42.3 20.5 21.2 1–2 withdrawals in a typical month (% with an account) 44.4 55.0 59.1 3+ withdrawals in a typical month (% with an account) 13.4 14.3 16.1 ATM is the main mode of deposit (% with an account) 0.0 13.9 4.3 Bank teller is the main mode of deposit (% with an account) 77.5 76.4 78.8 Bank agent is the main mode of deposit (% with an account) 17.8 2.5 9.1 ATM is the main mode of withdrawal (% with an account) 35.0 39.1 23.0 Bank teller is the main mode of withdrawal (% with an account) 46.8 55.9 62.9 Bank agent is the main mode of withdrawal (% with an account) 4.7 1.3 5.4 Has debit card 2.9 34.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.2 3.2 4.6 Use an account to receive wages 1.1 16.9 5.9 Use an account to receive government payments 0.1 6.3 2.5 Use an account to receive remittances 1.2 8.8 4.7 Use an account to send remittances 0.7 7.1 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.1 1.3 2.6 Use a mobile phone to send money 0.4 1.0 7.1 Use a mobile phone to receive money 0.6 1.2 9.1 Savings (%, age 15+) Saved any money in the past year 31.0 39.8 29.9 Saved at a formal financial institution in the past year 0.8 28.4 11.5 Saved using a savings club in the past year 4.3 4.3 8.2 Saved for future expenses in the past year 21.8 28.2 20.3 Saved for emergencies in the past year 26.4 29.6 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 19.5 8.6 11.4 Loan from family or friends in the past year 38.9 27.2 30.2 Loan from an informal private lender in the past year 12.8 1.9 7.0 Outstanding loan to purchase a home 1.7 4.4 2.4 Outstanding loan for home construction 26.0 5.4 6.3 Outstanding loan to pay school fees 5.0 5.8 6.9 Outstanding loan for health or emergencies 36.4 9.7 16.1 Outstanding loan for funerals or weddings 4.1 1.8 5.4 Insurance (%, age 15+) Personally paid for health insurance 2.6 36.8 2.2 40 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Cameroon Lower middle income Population (millions) 19.6 GNI per capita ($) 1,180 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 14.8 24.1 28.4 Male adults (%, age 15+) 18.8 26.7 33.9 Female adults (%, age 15+) 10.9 21.4 22.9 Young adults (%, ages 15–24) 5.5 16.8 21.5 Older adults (%, age 25+) 20.6 27.7 31.2 Adults with a primary education or less (%, age 15+) 13.4 14.0 20.8 Adults with a secondary education or more (%, age 15+) 17.4 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 11.6 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 17.9 31.9 36.3 Adults living in a rural area (%, age 15+) 14.2 20.7 25.3 Adults living in an urban area (%, age 15+) 17.4 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 13.0 3.8 6.8 0 deposits in a typical month (% with an account) 16.7 6.3 11.6 1–2 deposits in a typical month (% with an account) 69.5 69.5 70.9 3+ deposits in a typical month (% with an account) 13.8 21.9 11.8 0 withdrawals in a typical month (% with an account) 29.1 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 67.1 63.3 64.4 3+ withdrawals in a typical month (% with an account) 3.7 23.0 15.1 ATM is the main mode of deposit (% with an account) 1.1 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 88.6 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 2.7 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 5.8 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 80.5 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 2.1 2.5 3.0 Has debit card 2.1 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.2 5.3 4.1 Use an account to receive wages 2.4 9.9 8.5 Use an account to receive government payments 2.1 5.7 3.9 Use an account to receive remittances 1.4 9.1 3.7 Use an account to send remittances 1.8 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.6 3.0 2.0 Use a mobile phone to send money 3.3 11.2 2.4 Use a mobile phone to receive money 8.8 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 51.9 40.2 27.6 Saved at a formal financial institution in the past year 9.9 14.2 11.1 Saved using a savings club in the past year 31.9 19.3 7.2 Saved for future expenses in the past year 31.1 26.0 19.9 Saved for emergencies in the past year 32.0 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.5 4.7 7.3 Loan from family or friends in the past year 45.0 39.9 26.6 Loan from an informal private lender in the past year 8.3 5.4 5.3 Outstanding loan to purchase a home 1.5 2.0 2.2 Outstanding loan for home construction 4.0 4.4 4.7 Outstanding loan to pay school fees 15.2 9.0 6.8 Outstanding loan for health or emergencies 21.2 15.1 14.8 Outstanding loan for funerals or weddings 4.4 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.2 3.2 5.1 The Little Data Book on Financial Inclusion 2012 41 Canada High income Population (millions) 34.1 GNI per capita ($) 43,250 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 95.8 89.4 Male adults (%, age 15+) 94.3 91.7 Female adults (%, age 15+) 97.2 87.3 Young adults (%, ages 15–24) 90.7 76.8 Older adults (%, age 25+) 97.5 92.2 Adults with a primary education or less (%, age 15+) 89.4 72.9 Adults with a secondary education or more (%, age 15+) 98.0 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 92.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.9 92.1 Adults living in a rural area (%, age 15+) 97.0 87.0 Adults living in an urban area (%, age 15+) 94.8 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.5 2.1 0 deposits in a typical month (% with an account) 4.0 6.4 1–2 deposits in a typical month (% with an account) 37.3 56.1 3+ deposits in a typical month (% with an account) 55.4 34.0 0 withdrawals in a typical month (% with an account) 2.9 3.9 1–2 withdrawals in a typical month (% with an account) 8.0 18.8 3+ withdrawals in a typical month (% with an account) 84.5 71.7 ATM is the main mode of deposit (% with an account) 43.0 26.2 Bank teller is the main mode of deposit (% with an account) 45.3 53.7 Bank agent is the main mode of deposit (% with an account) 2.5 3.0 ATM is the main mode of withdrawal (% with an account) 69.9 68.7 Bank teller is the main mode of withdrawal (% with an account) 23.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 88.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 39.3 24.4 Use an account to receive wages 56.3 49.5 Use an account to receive government payments 64.6 42.0 Use an account to receive remittances 12.7 13.2 Use an account to send remittances 18.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 65.5 58.3 Saved at a formal financial institution in the past year 53.2 44.6 Saved using a savings club in the past year 6.9 5.4 Saved for future expenses in the past year 42.6 37.4 Saved for emergencies in the past year 48.4 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 20.3 13.8 Loan from family or friends in the past year 16.0 12.3 Loan from an informal private lender in the past year 2.4 2.3 Outstanding loan to purchase a home 28.5 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 42 2012 The Little Data Book on Financial Inclusion Central African Republic Sub-Saharan Africa Low income Population (millions) 4.4 GNI per capita ($) 470 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 3.3 24.1 23.7 Male adults (%, age 15+) 3.2 26.7 27.0 Female adults (%, age 15+) 3.4 21.4 20.5 Young adults (%, ages 15–24) 2.6 16.8 15.6 Older adults (%, age 25+) 3.9 27.7 28.2 Adults with a primary education or less (%, age 15+) 1.1 14.0 16.2 Adults with a secondary education or more (%, age 15+) 13.3 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) .. 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) .. 31.9 29.4 Adults living in a rural area (%, age 15+) 1.8 20.7 22.0 Adults living in an urban area (%, age 15+) 10.6 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 3.8 5.4 0 deposits in a typical month (% with an account) 2.9 6.3 8.3 1–2 deposits in a typical month (% with an account) 75.1 69.5 64.7 3+ deposits in a typical month (% with an account) 18.1 21.9 23.1 0 withdrawals in a typical month (% with an account) 9.7 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 78.5 63.3 59.1 3+ withdrawals in a typical month (% with an account) 9.5 23.0 16.1 ATM is the main mode of deposit (% with an account) 8.6 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 75.5 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 9.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 11.0 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 82.8 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 3.9 2.5 5.4 Has debit card 1.0 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.7 5.3 4.6 Use an account to receive wages 1.2 9.9 5.9 Use an account to receive government payments 1.0 5.7 2.5 Use an account to receive remittances 0.6 9.1 4.7 Use an account to send remittances 0.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.2 3.0 2.6 Use a mobile phone to send money 0.3 11.2 7.1 Use a mobile phone to receive money 1.6 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 25.4 40.2 29.9 Saved at a formal financial institution in the past year 2.5 14.2 11.5 Saved using a savings club in the past year 10.0 19.3 8.2 Saved for future expenses in the past year 16.8 26.0 20.3 Saved for emergencies in the past year 18.3 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 0.9 4.7 11.4 Loan from family or friends in the past year 20.4 39.9 30.2 Loan from an informal private lender in the past year 5.3 5.4 7.0 Outstanding loan to purchase a home 0.7 2.0 2.4 Outstanding loan for home construction 1.0 4.4 6.3 Outstanding loan to pay school fees 6.5 9.0 6.9 Outstanding loan for health or emergencies 13.9 15.1 16.1 Outstanding loan for funerals or weddings 3.5 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.4 3.2 2.2 The Little Data Book on Financial Inclusion 2012 43 Chad Sub-Saharan Africa Low income Population (millions) 11.2 GNI per capita ($) 620 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 9.0 24.1 23.7 Male adults (%, age 15+) 11.5 26.7 27.0 Female adults (%, age 15+) 6.8 21.4 20.5 Young adults (%, ages 15–24) 6.6 16.8 15.6 Older adults (%, age 25+) 10.5 27.7 28.2 Adults with a primary education or less (%, age 15+) 5.7 14.0 16.2 Adults with a secondary education or more (%, age 15+) 22.6 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 4.5 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 11.7 31.9 29.4 Adults living in a rural area (%, age 15+) 6.4 20.7 22.0 Adults living in an urban area (%, age 15+) 19.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 3.8 5.4 0 deposits in a typical month (% with an account) 4.5 6.3 8.3 1–2 deposits in a typical month (% with an account) 72.1 69.5 64.7 3+ deposits in a typical month (% with an account) 19.6 21.9 23.1 0 withdrawals in a typical month (% with an account) 7.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 68.2 63.3 59.1 3+ withdrawals in a typical month (% with an account) 20.4 23.0 16.1 ATM is the main mode of deposit (% with an account) 24.2 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 54.7 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 10.3 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 31.5 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 50.2 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 10.7 2.5 5.4 Has debit card 5.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.9 5.3 4.6 Use an account to receive wages 4.4 9.9 5.9 Use an account to receive government payments 2.5 5.7 2.5 Use an account to receive remittances 2.6 9.1 4.7 Use an account to send remittances 2.8 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.8 3.0 2.6 Use a mobile phone to send money 5.7 11.2 7.1 Use a mobile phone to receive money 15.5 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 28.7 40.2 29.9 Saved at a formal financial institution in the past year 6.8 14.2 11.5 Saved using a savings club in the past year 12.2 19.3 8.2 Saved for future expenses in the past year 20.0 26.0 20.3 Saved for emergencies in the past year 21.7 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.2 4.7 11.4 Loan from family or friends in the past year 30.8 39.9 30.2 Loan from an informal private lender in the past year 11.0 5.4 7.0 Outstanding loan to purchase a home 7.4 2.0 2.4 Outstanding loan for home construction 9.8 4.4 6.3 Outstanding loan to pay school fees 10.0 9.0 6.9 Outstanding loan for health or emergencies 20.3 15.1 16.1 Outstanding loan for funerals or weddings 13.4 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 1.3 3.2 2.2 44 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Chile Upper middle income Population (millions) 17.1 GNI per capita ($) 10,120 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 42.2 39.2 57.2 Male adults (%, age 15+) 43.4 44.0 61.4 Female adults (%, age 15+) 41.0 34.7 53.1 Young adults (%, ages 15–24) 38.9 26.0 51.7 Older adults (%, age 25+) 43.3 43.6 58.2 Adults with a primary education or less (%, age 15+) 24.4 27.8 47.5 Adults with a secondary education or more (%, age 15+) 51.1 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 25.8 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 53.6 49.1 67.6 Adults living in a rural area (%, age 15+) 30.7 33.6 51.7 Adults living in an urban area (%, age 15+) 47.4 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 8.2 6.0 11.8 0 deposits in a typical month (% with an account) 12.4 13.0 18.1 1–2 deposits in a typical month (% with an account) 65.4 63.3 64.9 3+ deposits in a typical month (% with an account) 9.5 17.7 9.6 0 withdrawals in a typical month (% with an account) 14.3 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 46.0 53.1 54.7 3+ withdrawals in a typical month (% with an account) 26.8 30.8 19.2 ATM is the main mode of deposit (% with an account) 20.3 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 46.2 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 2.4 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 61.8 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 16.2 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.2 0.8 0.7 Has debit card 25.8 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.0 5.2 4.0 Use an account to receive wages 20.2 20.3 21.3 Use an account to receive government payments 5.7 10.4 9.0 Use an account to receive remittances 4.0 4.2 8.0 Use an account to send remittances 3.2 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.0 1.8 1.7 Use a mobile phone to send money 0.5 0.8 0.9 Use a mobile phone to receive money 0.9 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 27.1 25.7 33.7 Saved at a formal financial institution in the past year 12.4 9.5 24.2 Saved using a savings club in the past year 3.3 3.7 2.8 Saved for future expenses in the past year 15.6 13.1 22.0 Saved for emergencies in the past year 20.4 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.8 7.8 7.8 Loan from family or friends in the past year 9.4 14.2 22.8 Loan from an informal private lender in the past year 1.0 2.3 1.5 Outstanding loan to purchase a home 3.5 1.8 4.0 Outstanding loan for home construction 3.6 4.2 4.9 Outstanding loan to pay school fees 4.1 4.6 3.8 Outstanding loan for health or emergencies 6.1 8.2 6.6 Outstanding loan for funerals or weddings 0.6 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 5.7 6.8 31.3 The Little Data Book on Financial Inclusion 2012 45 China East Asia & Pacific Upper middle income Population (millions) 1,338.3 GNI per capita ($) 4,270 East Upper Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 63.8 54.9 57.2 Male adults (%, age 15+) 67.6 57.6 61.4 Female adults (%, age 15+) 60.0 52.3 53.1 Young adults (%, ages 15–24) 65.3 52.1 51.7 Older adults (%, age 25+) 62.5 54.9 58.2 Adults with a primary education or less (%, age 15+) 56.7 46.5 47.5 Adults with a secondary education or more (%, age 15+) 81.9 71.0 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 47.1 39.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 75.4 65.6 67.6 Adults living in a rural area (%, age 15+) 58.0 49.5 51.7 Adults living in an urban area (%, age 15+) 82.1 70.8 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 16.4 13.2 11.8 0 deposits in a typical month (% with an account) 23.5 19.1 18.1 1–2 deposits in a typical month (% with an account) 61.0 64.6 64.9 3+ deposits in a typical month (% with an account) 7.2 7.8 9.6 0 withdrawals in a typical month (% with an account) 23.8 20.5 17.6 1–2 withdrawals in a typical month (% with an account) 52.7 55.0 54.7 3+ withdrawals in a typical month (% with an account) 13.5 14.3 19.2 ATM is the main mode of deposit (% with an account) 15.4 13.9 17.7 Bank teller is the main mode of deposit (% with an account) 77.1 76.4 66.4 Bank agent is the main mode of deposit (% with an account) 1.3 2.5 1.2 ATM is the main mode of withdrawal (% with an account) 33.4 39.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 62.9 55.9 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.8 1.3 0.7 Has debit card 41.0 34.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.6 3.2 4.0 Use an account to receive wages 18.7 16.9 21.3 Use an account to receive government payments 7.0 6.3 9.0 Use an account to receive remittances 9.1 8.8 8.0 Use an account to send remittances 7.6 7.1 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 1.3 1.7 Use a mobile phone to send money 0.6 1.0 0.9 Use a mobile phone to receive money 0.5 1.2 1.1 Savings (%, age 15+) Saved any money in the past year 38.4 39.8 33.7 Saved at a formal financial institution in the past year 32.1 28.4 24.2 Saved using a savings club in the past year 2.4 4.3 2.8 Saved for future expenses in the past year 26.8 28.2 22.0 Saved for emergencies in the past year 26.9 29.6 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.3 8.6 7.8 Loan from family or friends in the past year 25.0 27.2 22.8 Loan from an informal private lender in the past year 1.1 1.9 1.5 Outstanding loan to purchase a home 5.0 4.4 4.0 Outstanding loan for home construction 4.9 5.4 4.9 Outstanding loan to pay school fees 3.6 5.8 3.8 Outstanding loan for health or emergencies 6.3 9.7 6.6 Outstanding loan for funerals or weddings 1.0 1.8 1.2 Insurance (%, age 15+) Personally paid for health insurance 47.2 36.8 31.3 46 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Colombia Upper middle income Population (millions) 46.3 GNI per capita ($) 5,510 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 30.4 39.2 57.2 Male adults (%, age 15+) 35.9 44.0 61.4 Female adults (%, age 15+) 25.4 34.7 53.1 Young adults (%, ages 15–24) 12.8 26.0 51.7 Older adults (%, age 25+) 36.5 43.6 58.2 Adults with a primary education or less (%, age 15+) 15.7 27.8 47.5 Adults with a secondary education or more (%, age 15+) 35.0 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 15.5 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 44.5 49.1 67.6 Adults living in a rural area (%, age 15+) 25.7 33.6 51.7 Adults living in an urban area (%, age 15+) 33.6 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.5 6.0 11.8 0 deposits in a typical month (% with an account) 13.6 13.0 18.1 1–2 deposits in a typical month (% with an account) 66.0 63.3 64.9 3+ deposits in a typical month (% with an account) 12.8 17.7 9.6 0 withdrawals in a typical month (% with an account) 11.8 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 56.6 53.1 54.7 3+ withdrawals in a typical month (% with an account) 24.9 30.8 19.2 ATM is the main mode of deposit (% with an account) 3.7 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 67.6 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 1.7 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 61.2 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 28.4 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.6 0.8 0.7 Has debit card 22.7 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.0 5.2 4.0 Use an account to receive wages 18.8 20.3 21.3 Use an account to receive government payments 4.3 10.4 9.0 Use an account to receive remittances 3.2 4.2 8.0 Use an account to send remittances 2.7 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 1.8 1.7 Use a mobile phone to send money 1.2 0.8 0.9 Use a mobile phone to receive money 1.4 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 32.9 25.7 33.7 Saved at a formal financial institution in the past year 9.2 9.5 24.2 Saved using a savings club in the past year 5.7 3.7 2.8 Saved for future expenses in the past year 19.3 13.1 22.0 Saved for emergencies in the past year 25.2 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.9 7.8 7.8 Loan from family or friends in the past year 18.3 14.2 22.8 Loan from an informal private lender in the past year 6.5 2.3 1.5 Outstanding loan to purchase a home 2.6 1.8 4.0 Outstanding loan for home construction 4.6 4.2 4.9 Outstanding loan to pay school fees 6.2 4.6 3.8 Outstanding loan for health or emergencies 7.2 8.2 6.6 Outstanding loan for funerals or weddings 0.9 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 5.6 6.8 31.3 The Little Data Book on Financial Inclusion 2012 47 Comoros Sub-Saharan Africa Low income Population (thousands) 735 GNI per capita ($) 750 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 21.7 24.1 23.7 Male adults (%, age 15+) 25.7 26.7 27.0 Female adults (%, age 15+) 17.9 21.4 20.5 Young adults (%, ages 15–24) 7.0 16.8 15.6 Older adults (%, age 25+) 30.0 27.7 28.2 Adults with a primary education or less (%, age 15+) 12.8 14.0 16.2 Adults with a secondary education or more (%, age 15+) 32.0 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 11.3 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 27.4 31.9 29.4 Adults living in a rural area (%, age 15+) 19.6 20.7 22.0 Adults living in an urban area (%, age 15+) 28.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 3.8 5.4 0 deposits in a typical month (% with an account) 11.1 6.3 8.3 1–2 deposits in a typical month (% with an account) 77.4 69.5 64.7 3+ deposits in a typical month (% with an account) 8.8 21.9 23.1 0 withdrawals in a typical month (% with an account) 20.4 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 61.9 63.3 59.1 3+ withdrawals in a typical month (% with an account) 11.7 23.0 16.1 ATM is the main mode of deposit (% with an account) 9.4 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 84.5 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 1.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 11.9 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 84.8 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.6 2.5 5.4 Has debit card 5.7 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.9 5.3 4.6 Use an account to receive wages 5.9 9.9 5.9 Use an account to receive government payments 5.1 5.7 2.5 Use an account to receive remittances 4.0 9.1 4.7 Use an account to send remittances 2.2 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 3.0 2.6 Use a mobile phone to send money 0.5 11.2 7.1 Use a mobile phone to receive money 3.5 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 29.3 40.2 29.9 Saved at a formal financial institution in the past year 10.8 14.2 11.5 Saved using a savings club in the past year 15.6 19.3 8.2 Saved for future expenses in the past year 21.7 26.0 20.3 Saved for emergencies in the past year 13.8 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.2 4.7 11.4 Loan from family or friends in the past year 25.3 39.9 30.2 Loan from an informal private lender in the past year 1.7 5.4 7.0 Outstanding loan to purchase a home 0.7 2.0 2.4 Outstanding loan for home construction 8.3 4.4 6.3 Outstanding loan to pay school fees 12.1 9.0 6.9 Outstanding loan for health or emergencies 24.1 15.1 16.1 Outstanding loan for funerals or weddings 13.3 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 1.8 3.2 2.2 48 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Congo, Dem. Rep. Low income Population (millions) 66.0 GNI per capita ($) 180 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 3.7 24.1 23.7 Male adults (%, age 15+) 4.7 26.7 27.0 Female adults (%, age 15+) 2.8 21.4 20.5 Young adults (%, ages 15–24) 1.6 16.8 15.6 Older adults (%, age 25+) 5.3 27.7 28.2 Adults with a primary education or less (%, age 15+) 1.0 14.0 16.2 Adults with a secondary education or more (%, age 15+) 6.0 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.1 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 5.9 31.9 29.4 Adults living in a rural area (%, age 15+) 2.3 20.7 22.0 Adults living in an urban area (%, age 15+) 10.6 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 3.8 5.4 0 deposits in a typical month (% with an account) 0.0 6.3 8.3 1–2 deposits in a typical month (% with an account) 60.7 69.5 64.7 3+ deposits in a typical month (% with an account) 26.6 21.9 23.1 0 withdrawals in a typical month (% with an account) 22.0 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 60.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 4.7 23.0 16.1 ATM is the main mode of deposit (% with an account) 10.5 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 62.7 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 6.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 10.6 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 53.7 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 7.0 2.5 5.4 Has debit card 1.7 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.2 5.3 4.6 Use an account to receive wages 1.1 9.9 5.9 Use an account to receive government payments 0.1 5.7 2.5 Use an account to receive remittances 1.2 9.1 4.7 Use an account to send remittances 0.9 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.1 3.0 2.6 Use a mobile phone to send money 1.5 11.2 7.1 Use a mobile phone to receive money 2.0 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 24.1 40.2 29.9 Saved at a formal financial institution in the past year 1.5 14.2 11.5 Saved using a savings club in the past year 8.3 19.3 8.2 Saved for future expenses in the past year 16.9 26.0 20.3 Saved for emergencies in the past year 12.5 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.5 4.7 11.4 Loan from family or friends in the past year 30.1 39.9 30.2 Loan from an informal private lender in the past year 6.7 5.4 7.0 Outstanding loan to purchase a home 0.4 2.0 2.4 Outstanding loan for home construction 1.8 4.4 6.3 Outstanding loan to pay school fees 7.2 9.0 6.9 Outstanding loan for health or emergencies 24.8 15.1 16.1 Outstanding loan for funerals or weddings 3.6 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.7 3.2 2.2 The Little Data Book on Financial Inclusion 2012 49 Congo, Rep. Sub-Saharan Africa Lower middle income Population (millions) 4.0 GNI per capita ($) 2,150 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 9.0 24.1 28.4 Male adults (%, age 15+) 11.3 26.7 33.9 Female adults (%, age 15+) 6.8 21.4 22.9 Young adults (%, ages 15–24) 4.3 16.8 21.5 Older adults (%, age 25+) 11.9 27.7 31.2 Adults with a primary education or less (%, age 15+) 4.0 14.0 20.8 Adults with a secondary education or more (%, age 15+) 12.6 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 3.3 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 13.6 31.9 36.3 Adults living in a rural area (%, age 15+) 4.7 20.7 25.3 Adults living in an urban area (%, age 15+) 12.6 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.0 3.8 6.8 0 deposits in a typical month (% with an account) 11.0 6.3 11.6 1–2 deposits in a typical month (% with an account) 69.0 69.5 70.9 3+ deposits in a typical month (% with an account) 13.7 21.9 11.8 0 withdrawals in a typical month (% with an account) 29.7 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 61.2 63.3 64.4 3+ withdrawals in a typical month (% with an account) 2.4 23.0 15.1 ATM is the main mode of deposit (% with an account) 2.4 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 88.4 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 1.6 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 6.3 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 79.9 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.3 2.5 3.0 Has debit card 3.6 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.3 5.3 4.1 Use an account to receive wages 2.2 9.9 8.5 Use an account to receive government payments 1.4 5.7 3.9 Use an account to receive remittances 2.3 9.1 3.7 Use an account to send remittances 2.4 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.6 3.0 2.0 Use a mobile phone to send money 20.1 11.2 2.4 Use a mobile phone to receive money 32.0 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 30.4 40.2 27.6 Saved at a formal financial institution in the past year 5.5 14.2 11.1 Saved using a savings club in the past year 6.1 19.3 7.2 Saved for future expenses in the past year 19.5 26.0 19.9 Saved for emergencies in the past year 19.9 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.8 4.7 7.3 Loan from family or friends in the past year 26.8 39.9 26.6 Loan from an informal private lender in the past year 3.3 5.4 5.3 Outstanding loan to purchase a home 0.3 2.0 2.2 Outstanding loan for home construction 1.4 4.4 4.7 Outstanding loan to pay school fees 7.8 9.0 6.8 Outstanding loan for health or emergencies 19.1 15.1 14.8 Outstanding loan for funerals or weddings 5.6 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.1 3.2 5.1 50 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Costa Rica Upper middle income Population (millions) 4.7 GNI per capita ($) 6,810 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 50.4 39.2 57.2 Male adults (%, age 15+) 60.2 44.0 61.4 Female adults (%, age 15+) 40.7 34.7 53.1 Young adults (%, ages 15–24) 45.0 26.0 51.7 Older adults (%, age 25+) 52.1 43.6 58.2 Adults with a primary education or less (%, age 15+) 35.8 27.8 47.5 Adults with a secondary education or more (%, age 15+) 59.5 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 35.3 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 59.6 49.1 67.6 Adults living in a rural area (%, age 15+) 46.5 33.6 51.7 Adults living in an urban area (%, age 15+) 54.7 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.5 6.0 11.8 0 deposits in a typical month (% with an account) 22.9 13.0 18.1 1–2 deposits in a typical month (% with an account) 57.2 63.3 64.9 3+ deposits in a typical month (% with an account) 14.9 17.7 9.6 0 withdrawals in a typical month (% with an account) 8.8 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 51.1 53.1 54.7 3+ withdrawals in a typical month (% with an account) 33.4 30.8 19.2 ATM is the main mode of deposit (% with an account) 9.0 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 60.8 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 0.7 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 72.2 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 14.4 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.6 0.8 0.7 Has debit card 43.8 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.6 5.2 4.0 Use an account to receive wages 27.6 20.3 21.3 Use an account to receive government payments 13.5 10.4 9.0 Use an account to receive remittances 9.0 4.2 8.0 Use an account to send remittances 5.6 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.8 1.7 Use a mobile phone to send money 0.0 0.8 0.9 Use a mobile phone to receive money 0.0 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 41.0 25.7 33.7 Saved at a formal financial institution in the past year 19.9 9.5 24.2 Saved using a savings club in the past year 14.7 3.7 2.8 Saved for future expenses in the past year 21.9 13.1 22.0 Saved for emergencies in the past year 30.2 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.0 7.8 7.8 Loan from family or friends in the past year 7.0 14.2 22.8 Loan from an informal private lender in the past year 1.5 2.3 1.5 Outstanding loan to purchase a home 3.2 1.8 4.0 Outstanding loan for home construction 3.7 4.2 4.9 Outstanding loan to pay school fees 2.5 4.6 3.8 Outstanding loan for health or emergencies 4.0 8.2 6.6 Outstanding loan for funerals or weddings 0.4 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 4.1 6.8 31.3 The Little Data Book on Financial Inclusion 2012 51 Croatia High income Population (millions) 4.4 GNI per capita ($) 13,890 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 88.4 89.4 Male adults (%, age 15+) 89.7 91.7 Female adults (%, age 15+) 87.2 87.3 Young adults (%, ages 15–24) 75.3 76.8 Older adults (%, age 25+) 90.4 92.2 Adults with a primary education or less (%, age 15+) 70.2 72.9 Adults with a secondary education or more (%, age 15+) 92.0 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 82.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 92.6 92.1 Adults living in a rural area (%, age 15+) 88.0 87.0 Adults living in an urban area (%, age 15+) 89.3 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.4 2.1 0 deposits in a typical month (% with an account) 3.4 6.4 1–2 deposits in a typical month (% with an account) 85.5 56.1 3+ deposits in a typical month (% with an account) 7.0 34.0 0 withdrawals in a typical month (% with an account) 2.9 3.9 1–2 withdrawals in a typical month (% with an account) 52.1 18.8 3+ withdrawals in a typical month (% with an account) 38.5 71.7 ATM is the main mode of deposit (% with an account) 3.3 26.2 Bank teller is the main mode of deposit (% with an account) 38.6 53.7 Bank agent is the main mode of deposit (% with an account) 0.9 3.0 ATM is the main mode of withdrawal (% with an account) 70.6 68.7 Bank teller is the main mode of withdrawal (% with an account) 22.4 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 74.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 12.3 24.4 Use an account to receive wages 33.2 49.5 Use an account to receive government payments 9.8 42.0 Use an account to receive remittances 4.7 13.2 Use an account to send remittances 3.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.4 .. Use a mobile phone to send money 0.8 .. Use a mobile phone to receive money 0.7 .. Savings (%, age 15+) Saved any money in the past year 21.9 58.3 Saved at a formal financial institution in the past year 12.2 44.6 Saved using a savings club in the past year 2.2 5.4 Saved for future expenses in the past year 10.2 37.4 Saved for emergencies in the past year 16.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 14.4 13.8 Loan from family or friends in the past year 19.6 12.3 Loan from an informal private lender in the past year 1.0 2.3 Outstanding loan to purchase a home 4.3 23.8 Outstanding loan for home construction 9.4 .. Outstanding loan to pay school fees 2.8 .. Outstanding loan for health or emergencies 3.6 .. Outstanding loan for funerals or weddings 2.4 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 52 2012 The Little Data Book on Financial Inclusion Cyprus High income Population (millions) 1.1 GNI per capita ($) 29,430 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 85.2 89.4 Male adults (%, age 15+) 87.6 91.7 Female adults (%, age 15+) 83.1 87.3 Young adults (%, ages 15–24) 76.8 76.8 Older adults (%, age 25+) 87.4 92.2 Adults with a primary education or less (%, age 15+) 68.6 72.9 Adults with a secondary education or more (%, age 15+) 91.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 76.8 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 90.9 92.1 Adults living in a rural area (%, age 15+) 83.2 87.0 Adults living in an urban area (%, age 15+) 87.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.6 2.1 0 deposits in a typical month (% with an account) 8.4 6.4 1–2 deposits in a typical month (% with an account) 76.5 56.1 3+ deposits in a typical month (% with an account) 12.8 34.0 0 withdrawals in a typical month (% with an account) 7.1 3.9 1–2 withdrawals in a typical month (% with an account) 24.8 18.8 3+ withdrawals in a typical month (% with an account) 65.0 71.7 ATM is the main mode of deposit (% with an account) 6.7 26.2 Bank teller is the main mode of deposit (% with an account) 80.2 53.7 Bank agent is the main mode of deposit (% with an account) 1.1 3.0 ATM is the main mode of withdrawal (% with an account) 43.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 48.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.9 0.8 Has debit card 46.4 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 15.7 24.4 Use an account to receive wages 27.8 49.5 Use an account to receive government payments 36.6 42.0 Use an account to receive remittances 7.8 13.2 Use an account to send remittances 15.8 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 43.5 58.3 Saved at a formal financial institution in the past year 30.4 44.6 Saved using a savings club in the past year 3.6 5.4 Saved for future expenses in the past year 26.5 37.4 Saved for emergencies in the past year 30.4 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 27.0 13.8 Loan from family or friends in the past year 12.0 12.3 Loan from an informal private lender in the past year 0.6 2.3 Outstanding loan to purchase a home 23.4 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 53 Czech Republic High income Population (millions) 10.5 GNI per capita ($) 17,890 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 80.7 89.4 Male adults (%, age 15+) 80.8 91.7 Female adults (%, age 15+) 80.5 87.3 Young adults (%, ages 15–24) 55.7 76.8 Older adults (%, age 25+) 85.0 92.2 Adults with a primary education or less (%, age 15+) 35.7 72.9 Adults with a secondary education or more (%, age 15+) 85.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 71.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 86.8 92.1 Adults living in a rural area (%, age 15+) 79.4 87.0 Adults living in an urban area (%, age 15+) 82.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.5 2.1 0 deposits in a typical month (% with an account) 1.5 6.4 1–2 deposits in a typical month (% with an account) 72.6 56.1 3+ deposits in a typical month (% with an account) 23.4 34.0 0 withdrawals in a typical month (% with an account) 1.7 3.9 1–2 withdrawals in a typical month (% with an account) 28.3 18.8 3+ withdrawals in a typical month (% with an account) 66.6 71.7 ATM is the main mode of deposit (% with an account) 4.0 26.2 Bank teller is the main mode of deposit (% with an account) 60.8 53.7 Bank agent is the main mode of deposit (% with an account) 6.6 3.0 ATM is the main mode of withdrawal (% with an account) 81.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 15.4 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.1 0.8 Has debit card 61.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 12.0 24.4 Use an account to receive wages 53.1 49.5 Use an account to receive government payments 9.8 42.0 Use an account to receive remittances 4.3 13.2 Use an account to send remittances 1.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 9.1 .. Use a mobile phone to send money 6.5 .. Use a mobile phone to receive money 1.9 .. Savings (%, age 15+) Saved any money in the past year 49.0 58.3 Saved at a formal financial institution in the past year 35.5 44.6 Saved using a savings club in the past year 1.1 5.4 Saved for future expenses in the past year 28.3 37.4 Saved for emergencies in the past year 39.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.5 13.8 Loan from family or friends in the past year 18.1 12.3 Loan from an informal private lender in the past year 1.3 2.3 Outstanding loan to purchase a home 8.1 23.8 Outstanding loan for home construction 12.4 .. Outstanding loan to pay school fees 1.2 .. Outstanding loan for health or emergencies 2.6 .. Outstanding loan for funerals or weddings 0.8 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 54 2012 The Little Data Book on Financial Inclusion Denmark High income Population (millions) 5.5 GNI per capita ($) 59,400 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 99.7 89.4 Male adults (%, age 15+) 100.0 91.7 Female adults (%, age 15+) 99.5 87.3 Young adults (%, ages 15–24) 99.5 76.8 Older adults (%, age 25+) 99.8 92.2 Adults with a primary education or less (%, age 15+) 100.0 72.9 Adults with a secondary education or more (%, age 15+) 99.7 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 99.6 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.9 92.1 Adults living in a rural area (%, age 15+) 99.7 87.0 Adults living in an urban area (%, age 15+) 99.8 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.5 2.1 0 deposits in a typical month (% with an account) 1.1 6.4 1–2 deposits in a typical month (% with an account) 72.0 56.1 3+ deposits in a typical month (% with an account) 26.3 34.0 0 withdrawals in a typical month (% with an account) 0.7 3.9 1–2 withdrawals in a typical month (% with an account) 7.5 18.8 3+ withdrawals in a typical month (% with an account) 90.9 71.7 ATM is the main mode of deposit (% with an account) 2.0 26.2 Bank teller is the main mode of deposit (% with an account) 66.4 53.7 Bank agent is the main mode of deposit (% with an account) 3.2 3.0 ATM is the main mode of withdrawal (% with an account) 46.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 10.6 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.4 0.8 Has debit card 90.1 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 28.3 24.4 Use an account to receive wages 67.4 49.5 Use an account to receive government payments 72.5 42.0 Use an account to receive remittances 33.9 13.2 Use an account to send remittances 38.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 72.6 58.3 Saved at a formal financial institution in the past year 56.5 44.6 Saved using a savings club in the past year 4.0 5.4 Saved for future expenses in the past year 41.2 37.4 Saved for emergencies in the past year 39.7 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 18.8 13.8 Loan from family or friends in the past year 12.2 12.3 Loan from an informal private lender in the past year 0.2 2.3 Outstanding loan to purchase a home 47.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 55 Djibouti Middle East & North Africa Lower middle income Population (thousands) 889 GNI per capita ($) 1,270 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 12.3 17.7 28.4 Male adults (%, age 15+) 16.6 23.1 33.9 Female adults (%, age 15+) 8.8 12.5 22.9 Young adults (%, ages 15–24) 4.5 12.3 21.5 Older adults (%, age 25+) 16.6 20.3 31.2 Adults with a primary education or less (%, age 15+) 6.3 13.1 20.8 Adults with a secondary education or more (%, age 15+) 21.5 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 4.5 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 17.4 17.3 36.3 Adults living in a rural area (%, age 15+) 8.1 10.5 25.3 Adults living in an urban area (%, age 15+) 13.8 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 19.6 19.1 6.8 0 deposits in a typical month (% with an account) 39.4 30.8 11.6 1–2 deposits in a typical month (% with an account) 37.6 50.8 70.9 3+ deposits in a typical month (% with an account) 19.0 14.6 11.8 0 withdrawals in a typical month (% with an account) 31.2 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 51.1 50.2 64.4 3+ withdrawals in a typical month (% with an account) 15.2 19.3 15.1 ATM is the main mode of deposit (% with an account) 23.2 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 50.8 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 5.1 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 62.1 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 25.0 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 2.7 1.2 3.0 Has debit card 7.6 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.0 4.7 4.1 Use an account to receive wages 4.8 6.0 8.5 Use an account to receive government payments 5.8 3.1 3.9 Use an account to receive remittances 3.1 2.7 3.7 Use an account to send remittances 2.8 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.8 1.0 2.0 Use a mobile phone to send money 3.5 1.3 2.4 Use a mobile phone to receive money 5.8 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 16.2 20.0 27.6 Saved at a formal financial institution in the past year 3.4 4.5 11.1 Saved using a savings club in the past year 6.8 3.6 7.2 Saved for future expenses in the past year 9.6 13.9 19.9 Saved for emergencies in the past year 6.9 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.5 5.1 7.3 Loan from family or friends in the past year 18.3 31.1 26.6 Loan from an informal private lender in the past year 4.8 4.7 5.3 Outstanding loan to purchase a home 5.1 4.5 2.2 Outstanding loan for home construction 7.1 7.7 4.7 Outstanding loan to pay school fees 6.9 5.8 6.8 Outstanding loan for health or emergencies 14.9 15.7 14.8 Outstanding loan for funerals or weddings 7.7 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 3.7 2.5 5.1 56 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Ecuador Upper middle income Population (millions) 14.5 GNI per capita ($) 3,850 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 36.7 39.2 57.2 Male adults (%, age 15+) 40.5 44.0 61.4 Female adults (%, age 15+) 33.2 34.7 53.1 Young adults (%, ages 15–24) 26.1 26.0 51.7 Older adults (%, age 25+) 41.0 43.6 58.2 Adults with a primary education or less (%, age 15+) 23.4 27.8 47.5 Adults with a secondary education or more (%, age 15+) 41.3 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 23.9 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 45.7 49.1 67.6 Adults living in a rural area (%, age 15+) 35.3 33.6 51.7 Adults living in an urban area (%, age 15+) 38.3 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.1 6.0 11.8 0 deposits in a typical month (% with an account) 7.2 13.0 18.1 1–2 deposits in a typical month (% with an account) 71.8 63.3 64.9 3+ deposits in a typical month (% with an account) 19.0 17.7 9.6 0 withdrawals in a typical month (% with an account) 9.1 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 64.3 53.1 54.7 3+ withdrawals in a typical month (% with an account) 23.9 30.8 19.2 ATM is the main mode of deposit (% with an account) 4.5 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 91.7 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 0.8 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 36.1 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 60.1 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.6 0.8 0.7 Has debit card 17.1 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.0 5.2 4.0 Use an account to receive wages 16.0 20.3 21.3 Use an account to receive government payments 4.6 10.4 9.0 Use an account to receive remittances 3.7 4.2 8.0 Use an account to send remittances 1.8 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.2 1.8 1.7 Use a mobile phone to send money 0.1 0.8 0.9 Use a mobile phone to receive money 0.4 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 30.2 25.7 33.7 Saved at a formal financial institution in the past year 14.5 9.5 24.2 Saved using a savings club in the past year 2.4 3.7 2.8 Saved for future expenses in the past year 17.3 13.1 22.0 Saved for emergencies in the past year 25.1 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.6 7.8 7.8 Loan from family or friends in the past year 15.4 14.2 22.8 Loan from an informal private lender in the past year 4.6 2.3 1.5 Outstanding loan to purchase a home 2.0 1.8 4.0 Outstanding loan for home construction 4.1 4.2 4.9 Outstanding loan to pay school fees 4.8 4.6 3.8 Outstanding loan for health or emergencies 9.1 8.2 6.6 Outstanding loan for funerals or weddings 1.1 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.1 6.8 31.3 The Little Data Book on Financial Inclusion 2012 57 Egypt, Arab Rep. Middle East & North Africa Lower middle income Population (millions) 81.1 GNI per capita ($) 2,420 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 9.7 17.7 28.4 Male adults (%, age 15+) 12.8 23.1 33.9 Female adults (%, age 15+) 6.5 12.5 22.9 Young adults (%, ages 15–24) 7.8 12.3 21.5 Older adults (%, age 25+) 10.5 20.3 31.2 Adults with a primary education or less (%, age 15+) 5.4 13.1 20.8 Adults with a secondary education or more (%, age 15+) 13.4 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 5.3 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 13.0 17.3 36.3 Adults living in a rural area (%, age 15+) 5.6 10.5 25.3 Adults living in an urban area (%, age 15+) 16.3 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 36.7 19.1 6.8 0 deposits in a typical month (% with an account) 55.2 30.8 11.6 1–2 deposits in a typical month (% with an account) 39.2 50.8 70.9 3+ deposits in a typical month (% with an account) 2.3 14.6 11.8 0 withdrawals in a typical month (% with an account) 42.6 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 50.0 50.2 64.4 3+ withdrawals in a typical month (% with an account) 4.4 19.3 15.1 ATM is the main mode of deposit (% with an account) 11.3 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 56.2 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 4.7 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 52.5 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 40.1 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.6 1.2 3.0 Has debit card 5.1 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.9 4.7 4.1 Use an account to receive wages 0.9 6.0 8.5 Use an account to receive government payments 2.0 3.1 3.9 Use an account to receive remittances 0.7 2.7 3.7 Use an account to send remittances 0.2 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.4 1.0 2.0 Use a mobile phone to send money 0.1 1.3 2.4 Use a mobile phone to receive money 0.3 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 8.1 20.0 27.6 Saved at a formal financial institution in the past year 0.7 4.5 11.1 Saved using a savings club in the past year 1.7 3.6 7.2 Saved for future expenses in the past year 4.7 13.9 19.9 Saved for emergencies in the past year 5.8 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.7 5.1 7.3 Loan from family or friends in the past year 25.3 31.1 26.6 Loan from an informal private lender in the past year 1.7 4.7 5.3 Outstanding loan to purchase a home 1.8 4.5 2.2 Outstanding loan for home construction 6.6 7.7 4.7 Outstanding loan to pay school fees 4.9 5.8 6.8 Outstanding loan for health or emergencies 15.0 15.7 14.8 Outstanding loan for funerals or weddings 4.4 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.5 2.5 5.1 58 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean El Salvador Lower middle income Population (millions) 6.2 GNI per capita ($) 3,380 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 13.8 39.2 28.4 Male adults (%, age 15+) 17.6 44.0 33.9 Female adults (%, age 15+) 10.1 34.7 22.9 Young adults (%, ages 15–24) 10.0 26.0 21.5 Older adults (%, age 25+) 14.8 43.6 31.2 Adults with a primary education or less (%, age 15+) 6.1 27.8 20.8 Adults with a secondary education or more (%, age 15+) 23.0 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 6.0 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 22.6 49.1 36.3 Adults living in a rural area (%, age 15+) 10.9 33.6 25.3 Adults living in an urban area (%, age 15+) 17.6 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.0 6.0 6.8 0 deposits in a typical month (% with an account) 4.4 13.0 11.6 1–2 deposits in a typical month (% with an account) 84.8 63.3 70.9 3+ deposits in a typical month (% with an account) 7.8 17.7 11.8 0 withdrawals in a typical month (% with an account) 7.3 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 73.3 53.1 64.4 3+ withdrawals in a typical month (% with an account) 15.1 30.8 15.1 ATM is the main mode of deposit (% with an account) 7.7 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 85.7 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 70.2 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 20.7 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.9 0.8 3.0 Has debit card 10.9 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.6 5.2 4.1 Use an account to receive wages 5.8 20.3 8.5 Use an account to receive government payments 3.0 10.4 3.9 Use an account to receive remittances 2.5 4.2 3.7 Use an account to send remittances 0.4 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.8 2.0 Use a mobile phone to send money 0.3 0.8 2.4 Use a mobile phone to receive money 1.3 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 25.9 25.7 27.6 Saved at a formal financial institution in the past year 12.9 9.5 11.1 Saved using a savings club in the past year 2.3 3.7 7.2 Saved for future expenses in the past year 16.9 13.1 19.9 Saved for emergencies in the past year 22.3 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.9 7.8 7.3 Loan from family or friends in the past year 6.3 14.2 26.6 Loan from an informal private lender in the past year 2.0 2.3 5.3 Outstanding loan to purchase a home 1.6 1.8 2.2 Outstanding loan for home construction 1.7 4.2 4.7 Outstanding loan to pay school fees 3.3 4.6 6.8 Outstanding loan for health or emergencies 3.8 8.2 14.8 Outstanding loan for funerals or weddings 1.4 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.0 6.8 5.1 The Little Data Book on Financial Inclusion 2012 59 Estonia High income Population (millions) 1.3 GNI per capita ($) 14,460 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 96.8 89.4 Male adults (%, age 15+) 96.3 91.7 Female adults (%, age 15+) 97.3 87.3 Young adults (%, ages 15–24) 90.8 76.8 Older adults (%, age 25+) 98.0 92.2 Adults with a primary education or less (%, age 15+) 87.8 72.9 Adults with a secondary education or more (%, age 15+) 99.0 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 93.6 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.0 92.1 Adults living in a rural area (%, age 15+) 96.8 87.0 Adults living in an urban area (%, age 15+) 96.9 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.7 2.1 0 deposits in a typical month (% with an account) 2.3 6.4 1–2 deposits in a typical month (% with an account) 81.8 56.1 3+ deposits in a typical month (% with an account) 15.0 34.0 0 withdrawals in a typical month (% with an account) 2.3 3.9 1–2 withdrawals in a typical month (% with an account) 17.0 18.8 3+ withdrawals in a typical month (% with an account) 78.7 71.7 ATM is the main mode of deposit (% with an account) 38.1 26.2 Bank teller is the main mode of deposit (% with an account) 21.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.7 3.0 ATM is the main mode of withdrawal (% with an account) 92.7 68.7 Bank teller is the main mode of withdrawal (% with an account) 3.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.8 0.8 Has debit card 92.3 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.5 24.4 Use an account to receive wages 58.0 49.5 Use an account to receive government payments 60.8 42.0 Use an account to receive remittances 20.9 13.2 Use an account to send remittances 20.6 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 5.6 .. Use a mobile phone to send money 2.1 .. Use a mobile phone to receive money 1.6 .. Savings (%, age 15+) Saved any money in the past year 44.1 58.3 Saved at a formal financial institution in the past year 28.9 44.6 Saved using a savings club in the past year 4.6 5.4 Saved for future expenses in the past year 27.6 37.4 Saved for emergencies in the past year 34.7 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.7 13.8 Loan from family or friends in the past year 24.8 12.3 Loan from an informal private lender in the past year 1.3 2.3 Outstanding loan to purchase a home 16.2 23.8 Outstanding loan for home construction 9.0 .. Outstanding loan to pay school fees 5.9 .. Outstanding loan for health or emergencies 3.8 .. Outstanding loan for funerals or weddings 0.8 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 60 2012 The Little Data Book on Financial Inclusion Finland High income Population (millions) 5.4 GNI per capita ($) 47,570 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 99.7 89.4 Male adults (%, age 15+) 99.5 91.7 Female adults (%, age 15+) 99.8 87.3 Young adults (%, ages 15–24) 100.0 76.8 Older adults (%, age 25+) 99.6 92.2 Adults with a primary education or less (%, age 15+) 99.2 72.9 Adults with a secondary education or more (%, age 15+) 99.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 99.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 100.0 92.1 Adults living in a rural area (%, age 15+) 99.6 87.0 Adults living in an urban area (%, age 15+) 99.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.1 2.1 0 deposits in a typical month (% with an account) 1.2 6.4 1–2 deposits in a typical month (% with an account) 71.1 56.1 3+ deposits in a typical month (% with an account) 27.4 34.0 0 withdrawals in a typical month (% with an account) 0.4 3.9 1–2 withdrawals in a typical month (% with an account) 4.6 18.8 3+ withdrawals in a typical month (% with an account) 94.5 71.7 ATM is the main mode of deposit (% with an account) 3.6 26.2 Bank teller is the main mode of deposit (% with an account) 52.2 53.7 Bank agent is the main mode of deposit (% with an account) 1.3 3.0 ATM is the main mode of withdrawal (% with an account) 86.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 11.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.2 0.8 Has debit card 89.3 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 15.2 24.4 Use an account to receive wages 66.1 49.5 Use an account to receive government payments 65.8 42.0 Use an account to receive remittances 31.6 13.2 Use an account to send remittances 42.0 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 68.7 58.3 Saved at a formal financial institution in the past year 56.1 44.6 Saved using a savings club in the past year 1.1 5.4 Saved for future expenses in the past year 40.2 37.4 Saved for emergencies in the past year 51.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 23.9 13.8 Loan from family or friends in the past year 15.1 12.3 Loan from an informal private lender in the past year 1.0 2.3 Outstanding loan to purchase a home 29.7 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 61 France High income Population (millions) 64.9 GNI per capita ($) 42,370 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 97.0 89.4 Male adults (%, age 15+) 97.5 91.7 Female adults (%, age 15+) 96.6 87.3 Young adults (%, ages 15–24) 85.7 76.8 Older adults (%, age 25+) 99.0 92.2 Adults with a primary education or less (%, age 15+) 97.7 72.9 Adults with a secondary education or more (%, age 15+) 96.8 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 95.8 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.7 92.1 Adults living in a rural area (%, age 15+) 97.4 87.0 Adults living in an urban area (%, age 15+) 96.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.1 2.1 0 deposits in a typical month (% with an account) 3.5 6.4 1–2 deposits in a typical month (% with an account) 69.5 56.1 3+ deposits in a typical month (% with an account) 22.4 34.0 0 withdrawals in a typical month (% with an account) 3.9 3.9 1–2 withdrawals in a typical month (% with an account) 6.2 18.8 3+ withdrawals in a typical month (% with an account) 84.3 71.7 ATM is the main mode of deposit (% with an account) 21.2 26.2 Bank teller is the main mode of deposit (% with an account) 49.7 53.7 Bank agent is the main mode of deposit (% with an account) 1.7 3.0 ATM is the main mode of withdrawal (% with an account) 77.7 68.7 Bank teller is the main mode of withdrawal (% with an account) 18.1 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.9 0.8 Has debit card 69.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 20.5 24.4 Use an account to receive wages 59.9 49.5 Use an account to receive government payments 37.2 42.0 Use an account to receive remittances 18.1 13.2 Use an account to send remittances 19.2 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 61.8 58.3 Saved at a formal financial institution in the past year 49.5 44.6 Saved using a savings club in the past year 8.0 5.4 Saved for future expenses in the past year 35.8 37.4 Saved for emergencies in the past year 33.7 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 18.6 13.8 Loan from family or friends in the past year 4.8 12.3 Loan from an informal private lender in the past year 0.2 2.3 Outstanding loan to purchase a home 26.7 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 62 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Gabon Upper middle income Population (millions) 1.5 GNI per capita ($) 7,740 Sub- Upper Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 18.9 24.1 57.2 Male adults (%, age 15+) 20.8 26.7 61.4 Female adults (%, age 15+) 17.2 21.4 53.1 Young adults (%, ages 15–24) 10.9 16.8 51.7 Older adults (%, age 25+) 23.2 27.7 58.2 Adults with a primary education or less (%, age 15+) 8.9 14.0 47.5 Adults with a secondary education or more (%, age 15+) 32.4 36.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 7.0 13.9 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 26.8 31.9 67.6 Adults living in a rural area (%, age 15+) 7.6 20.7 51.7 Adults living in an urban area (%, age 15+) 26.2 39.7 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.3 3.8 11.8 0 deposits in a typical month (% with an account) 4.8 6.3 18.1 1–2 deposits in a typical month (% with an account) 85.6 69.5 64.9 3+ deposits in a typical month (% with an account) 8.2 21.9 9.6 0 withdrawals in a typical month (% with an account) 9.0 11.7 17.6 1–2 withdrawals in a typical month (% with an account) 77.5 63.3 54.7 3+ withdrawals in a typical month (% with an account) 13.0 23.0 19.2 ATM is the main mode of deposit (% with an account) 8.7 6.6 17.7 Bank teller is the main mode of deposit (% with an account) 81.9 84.0 66.4 Bank agent is the main mode of deposit (% with an account) 4.1 2.7 1.2 ATM is the main mode of withdrawal (% with an account) 29.0 42.0 46.1 Bank teller is the main mode of withdrawal (% with an account) 66.4 49.2 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.6 2.5 0.7 Has debit card 8.6 15.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.4 5.3 4.0 Use an account to receive wages 4.9 9.9 21.3 Use an account to receive government payments 2.7 5.7 9.0 Use an account to receive remittances 2.7 9.1 8.0 Use an account to send remittances 2.8 6.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.9 3.0 1.7 Use a mobile phone to send money 41.1 11.2 0.9 Use a mobile phone to receive money 46.6 14.5 1.1 Savings (%, age 15+) Saved any money in the past year 29.0 40.2 33.7 Saved at a formal financial institution in the past year 8.7 14.2 24.2 Saved using a savings club in the past year 8.9 19.3 2.8 Saved for future expenses in the past year 20.5 26.0 22.0 Saved for emergencies in the past year 14.3 31.3 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.3 4.7 7.8 Loan from family or friends in the past year 27.4 39.9 22.8 Loan from an informal private lender in the past year 5.4 5.4 1.5 Outstanding loan to purchase a home 0.5 2.0 4.0 Outstanding loan for home construction 3.3 4.4 4.9 Outstanding loan to pay school fees 9.3 9.0 3.8 Outstanding loan for health or emergencies 15.3 15.1 6.6 Outstanding loan for funerals or weddings 3.7 4.6 1.2 Insurance (%, age 15+) Personally paid for health insurance 1.9 3.2 31.3 The Little Data Book on Financial Inclusion 2012 63 Georgia Europe & Central Asia Lower middle income Population (millions) 4.5 GNI per capita ($) 2,690 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 33.0 44.9 28.4 Male adults (%, age 15+) 30.6 49.9 33.9 Female adults (%, age 15+) 34.9 40.0 22.9 Young adults (%, ages 15–24) 13.3 31.9 21.5 Older adults (%, age 25+) 38.2 48.4 31.2 Adults with a primary education or less (%, age 15+) 20.2 25.6 20.8 Adults with a secondary education or more (%, age 15+) 36.3 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 24.9 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 38.4 51.1 36.3 Adults living in a rural area (%, age 15+) 29.2 41.6 25.3 Adults living in an urban area (%, age 15+) 40.7 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.1 4.0 6.8 0 deposits in a typical month (% with an account) 4.0 6.5 11.6 1–2 deposits in a typical month (% with an account) 91.6 80.8 70.9 3+ deposits in a typical month (% with an account) 1.2 5.4 11.8 0 withdrawals in a typical month (% with an account) 4.9 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 84.2 61.8 64.4 3+ withdrawals in a typical month (% with an account) 6.5 22.5 15.1 ATM is the main mode of deposit (% with an account) 7.4 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 22.4 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 1.7 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 40.0 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 36.0 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 20.7 1.0 3.0 Has debit card 20.2 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.1 5.3 4.1 Use an account to receive wages 8.1 27.3 8.5 Use an account to receive government payments 19.4 11.0 3.9 Use an account to receive remittances 2.3 4.8 3.7 Use an account to send remittances 0.7 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.7 3.0 2.0 Use a mobile phone to send money 0.7 2.5 2.4 Use a mobile phone to receive money 1.0 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 7.0 20.4 27.6 Saved at a formal financial institution in the past year 1.0 7.0 11.1 Saved using a savings club in the past year 0.5 1.3 7.2 Saved for future expenses in the past year 2.7 12.8 19.9 Saved for emergencies in the past year 5.8 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.0 7.7 7.3 Loan from family or friends in the past year 14.0 28.2 26.6 Loan from an informal private lender in the past year 6.0 1.5 5.3 Outstanding loan to purchase a home 0.6 1.8 2.2 Outstanding loan for home construction 1.7 4.7 4.7 Outstanding loan to pay school fees 1.2 1.7 6.8 Outstanding loan for health or emergencies 5.2 3.6 14.8 Outstanding loan for funerals or weddings 0.4 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 3.2 4.5 5.1 64 2012 The Little Data Book on Financial Inclusion Germany High income Population (millions) 81.8 GNI per capita ($) 43,070 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 98.1 89.4 Male adults (%, age 15+) 97.5 91.7 Female adults (%, age 15+) 98.7 87.3 Young adults (%, ages 15–24) 96.0 76.8 Older adults (%, age 25+) 98.4 92.2 Adults with a primary education or less (%, age 15+) 97.2 72.9 Adults with a secondary education or more (%, age 15+) 98.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 98.8 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 95.2 92.1 Adults living in a rural area (%, age 15+) .. 87.0 Adults living in an urban area (%, age 15+) .. 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.6 2.1 0 deposits in a typical month (% with an account) 9.5 6.4 1–2 deposits in a typical month (% with an account) 53.4 56.1 3+ deposits in a typical month (% with an account) 34.5 34.0 0 withdrawals in a typical month (% with an account) 3.2 3.9 1–2 withdrawals in a typical month (% with an account) 8.0 18.8 3+ withdrawals in a typical month (% with an account) 81.1 71.7 ATM is the main mode of deposit (% with an account) 15.4 26.2 Bank teller is the main mode of deposit (% with an account) 58.9 53.7 Bank agent is the main mode of deposit (% with an account) 1.5 3.0 ATM is the main mode of withdrawal (% with an account) 79.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 17.3 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.3 0.8 Has debit card 88.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 36.9 24.4 Use an account to receive wages 45.9 49.5 Use an account to receive government payments 62.0 42.0 Use an account to receive remittances 17.0 13.2 Use an account to send remittances 24.8 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 67.3 58.3 Saved at a formal financial institution in the past year 55.9 44.6 Saved using a savings club in the past year 3.9 5.4 Saved for future expenses in the past year 44.8 37.4 Saved for emergencies in the past year 47.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.5 13.8 Loan from family or friends in the past year 8.6 12.3 Loan from an informal private lender in the past year 0.9 2.3 Outstanding loan to purchase a home 20.8 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 65 Ghana Sub-Saharan Africa Lower middle income Population (millions) 24.4 GNI per capita ($) 1,230 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 29.4 24.1 28.4 Male adults (%, age 15+) 31.8 26.7 33.9 Female adults (%, age 15+) 27.1 21.4 22.9 Young adults (%, ages 15–24) 26.5 16.8 21.5 Older adults (%, age 25+) 31.5 27.7 31.2 Adults with a primary education or less (%, age 15+) 16.5 14.0 20.8 Adults with a secondary education or more (%, age 15+) 51.4 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 15.5 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 43.2 31.9 36.3 Adults living in a rural area (%, age 15+) 25.2 20.7 25.3 Adults living in an urban area (%, age 15+) 52.5 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.1 3.8 6.8 0 deposits in a typical month (% with an account) 6.0 6.3 11.6 1–2 deposits in a typical month (% with an account) 63.9 69.5 70.9 3+ deposits in a typical month (% with an account) 30.1 21.9 11.8 0 withdrawals in a typical month (% with an account) 11.2 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 70.8 63.3 64.4 3+ withdrawals in a typical month (% with an account) 18.0 23.0 15.1 ATM is the main mode of deposit (% with an account) 2.0 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 94.3 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 1.3 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 24.3 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 71.2 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.2 2.5 3.0 Has debit card 11.4 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.5 5.3 4.1 Use an account to receive wages 11.5 9.9 8.5 Use an account to receive government payments 7.2 5.7 3.9 Use an account to receive remittances 11.8 9.1 3.7 Use an account to send remittances 6.5 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.9 3.0 2.0 Use a mobile phone to send money 1.0 11.2 2.4 Use a mobile phone to receive money 1.5 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 36.6 40.2 27.6 Saved at a formal financial institution in the past year 16.1 14.2 11.1 Saved using a savings club in the past year 9.5 19.3 7.2 Saved for future expenses in the past year 22.4 26.0 19.9 Saved for emergencies in the past year 27.5 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 5.8 4.7 7.3 Loan from family or friends in the past year 28.8 39.9 26.6 Loan from an informal private lender in the past year 3.4 5.4 5.3 Outstanding loan to purchase a home 2.5 2.0 2.2 Outstanding loan for home construction 6.0 4.4 4.7 Outstanding loan to pay school fees 7.8 9.0 6.8 Outstanding loan for health or emergencies 6.9 15.1 14.8 Outstanding loan for funerals or weddings 4.3 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 11.8 3.2 5.1 66 2012 The Little Data Book on Financial Inclusion Greece High income Population (millions) 11.3 GNI per capita ($) 26,950 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 77.9 89.4 Male adults (%, age 15+) 80.3 91.7 Female adults (%, age 15+) 75.7 87.3 Young adults (%, ages 15–24) 47.1 76.8 Older adults (%, age 25+) 83.2 92.2 Adults with a primary education or less (%, age 15+) 76.6 72.9 Adults with a secondary education or more (%, age 15+) 78.4 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 74.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 81.0 92.1 Adults living in a rural area (%, age 15+) 75.4 87.0 Adults living in an urban area (%, age 15+) 80.3 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.3 2.1 0 deposits in a typical month (% with an account) 10.3 6.4 1–2 deposits in a typical month (% with an account) 79.1 56.1 3+ deposits in a typical month (% with an account) 5.2 34.0 0 withdrawals in a typical month (% with an account) 2.3 3.9 1–2 withdrawals in a typical month (% with an account) 64.8 18.8 3+ withdrawals in a typical month (% with an account) 26.3 71.7 ATM is the main mode of deposit (% with an account) 14.1 26.2 Bank teller is the main mode of deposit (% with an account) 76.3 53.7 Bank agent is the main mode of deposit (% with an account) 0.4 3.0 ATM is the main mode of withdrawal (% with an account) 52.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 44.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.4 0.8 Has debit card 34.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.0 24.4 Use an account to receive wages 32.3 49.5 Use an account to receive government payments 21.0 42.0 Use an account to receive remittances 4.8 13.2 Use an account to send remittances 4.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 .. Use a mobile phone to send money 0.3 .. Use a mobile phone to receive money 0.6 .. Savings (%, age 15+) Saved any money in the past year 27.8 58.3 Saved at a formal financial institution in the past year 19.9 44.6 Saved using a savings club in the past year 0.8 5.4 Saved for future expenses in the past year 12.7 37.4 Saved for emergencies in the past year 22.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.9 13.8 Loan from family or friends in the past year 20.1 12.3 Loan from an informal private lender in the past year 1.0 2.3 Outstanding loan to purchase a home 6.2 23.8 Outstanding loan for home construction 5.8 .. Outstanding loan to pay school fees 1.4 .. Outstanding loan for health or emergencies 3.8 .. Outstanding loan for funerals or weddings 0.3 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 67 Guatemala Latin America & Caribbean Lower middle income Population (millions) 14.4 GNI per capita ($) 2,740 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 22.3 39.2 28.4 Male adults (%, age 15+) 29.9 44.0 33.9 Female adults (%, age 15+) 15.6 34.7 22.9 Young adults (%, ages 15–24) 21.7 26.0 21.5 Older adults (%, age 25+) 22.7 43.6 31.2 Adults with a primary education or less (%, age 15+) 12.8 27.8 20.8 Adults with a secondary education or more (%, age 15+) 34.4 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 13.0 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 29.6 49.1 36.3 Adults living in a rural area (%, age 15+) .. 33.6 25.3 Adults living in an urban area (%, age 15+) .. 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.0 6.0 6.8 0 deposits in a typical month (% with an account) 5.5 13.0 11.6 1–2 deposits in a typical month (% with an account) 74.0 63.3 70.9 3+ deposits in a typical month (% with an account) 13.2 17.7 11.8 0 withdrawals in a typical month (% with an account) 6.3 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 55.7 53.1 64.4 3+ withdrawals in a typical month (% with an account) 28.2 30.8 15.1 ATM is the main mode of deposit (% with an account) 4.3 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 83.7 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 0.7 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 26.2 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 59.5 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.6 0.8 3.0 Has debit card 13.0 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.5 5.2 4.1 Use an account to receive wages 10.0 20.3 8.5 Use an account to receive government payments 3.5 10.4 3.9 Use an account to receive remittances 4.3 4.2 3.7 Use an account to send remittances 2.4 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.8 2.0 Use a mobile phone to send money 2.5 0.8 2.4 Use a mobile phone to receive money 3.7 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 24.8 25.7 27.6 Saved at a formal financial institution in the past year 10.2 9.5 11.1 Saved using a savings club in the past year 3.8 3.7 7.2 Saved for future expenses in the past year 18.2 13.1 19.9 Saved for emergencies in the past year 21.6 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 13.7 7.8 7.3 Loan from family or friends in the past year 10.0 14.2 26.6 Loan from an informal private lender in the past year 3.1 2.3 5.3 Outstanding loan to purchase a home 1.5 1.8 2.2 Outstanding loan for home construction 4.7 4.2 4.7 Outstanding loan to pay school fees 4.0 4.6 6.8 Outstanding loan for health or emergencies 6.2 8.2 14.8 Outstanding loan for funerals or weddings 1.5 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.7 6.8 5.1 68 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Guinea Low income Population (millions) 10.0 GNI per capita ($) 400 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 3.7 24.1 23.7 Male adults (%, age 15+) 4.4 26.7 27.0 Female adults (%, age 15+) 2.9 21.4 20.5 Young adults (%, ages 15–24) 2.2 16.8 15.6 Older adults (%, age 25+) 4.7 27.7 28.2 Adults with a primary education or less (%, age 15+) 1.8 14.0 16.2 Adults with a secondary education or more (%, age 15+) 14.8 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.8 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 5.3 31.9 29.4 Adults living in a rural area (%, age 15+) 1.6 20.7 22.0 Adults living in an urban area (%, age 15+) 10.5 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.1 3.8 5.4 0 deposits in a typical month (% with an account) 3.9 6.3 8.3 1–2 deposits in a typical month (% with an account) 79.7 69.5 64.7 3+ deposits in a typical month (% with an account) 10.8 21.9 23.1 0 withdrawals in a typical month (% with an account) 21.9 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 59.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 12.9 23.0 16.1 ATM is the main mode of deposit (% with an account) 5.0 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 72.6 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 12.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 6.0 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 63.1 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 11.1 2.5 5.4 Has debit card 2.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.0 5.3 4.6 Use an account to receive wages 0.9 9.9 5.9 Use an account to receive government payments 0.6 5.7 2.5 Use an account to receive remittances 0.8 9.1 4.7 Use an account to send remittances 0.2 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.1 3.0 2.6 Use a mobile phone to send money 3.5 11.2 7.1 Use a mobile phone to receive money 5.7 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 27.1 40.2 29.9 Saved at a formal financial institution in the past year 2.0 14.2 11.5 Saved using a savings club in the past year 6.1 19.3 8.2 Saved for future expenses in the past year 18.3 26.0 20.3 Saved for emergencies in the past year 21.1 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.4 4.7 11.4 Loan from family or friends in the past year 35.0 39.9 30.2 Loan from an informal private lender in the past year 10.2 5.4 7.0 Outstanding loan to purchase a home 0.5 2.0 2.4 Outstanding loan for home construction 3.4 4.4 6.3 Outstanding loan to pay school fees 10.8 9.0 6.9 Outstanding loan for health or emergencies 30.4 15.1 16.1 Outstanding loan for funerals or weddings 15.8 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.3 3.2 2.2 The Little Data Book on Financial Inclusion 2012 69 Haiti Latin America & Caribbean Low income Population (millions) 10.0 GNI per capita ($) 670 Latin Country America & Low data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 22.0 39.2 23.7 Male adults (%, age 15+) 23.0 44.0 27.0 Female adults (%, age 15+) 21.1 34.7 20.5 Young adults (%, ages 15–24) 6.2 26.0 15.6 Older adults (%, age 25+) 30.8 43.6 28.2 Adults with a primary education or less (%, age 15+) 8.0 27.8 16.2 Adults with a secondary education or more (%, age 15+) 29.5 46.6 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 5.3 25.3 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 33.1 49.1 29.4 Adults living in a rural area (%, age 15+) 15.3 33.6 22.0 Adults living in an urban area (%, age 15+) 38.2 44.1 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.0 6.0 5.4 0 deposits in a typical month (% with an account) 2.0 13.0 8.3 1–2 deposits in a typical month (% with an account) 67.7 63.3 64.7 3+ deposits in a typical month (% with an account) 28.2 17.7 23.1 0 withdrawals in a typical month (% with an account) 9.5 10.2 21.2 1–2 withdrawals in a typical month (% with an account) 54.8 53.1 59.1 3+ withdrawals in a typical month (% with an account) 31.1 30.8 16.1 ATM is the main mode of deposit (% with an account) 2.9 19.7 4.3 Bank teller is the main mode of deposit (% with an account) 84.8 57.2 78.8 Bank agent is the main mode of deposit (% with an account) 4.2 1.1 9.1 ATM is the main mode of withdrawal (% with an account) 5.9 56.4 23.0 Bank teller is the main mode of withdrawal (% with an account) 81.9 32.8 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.5 0.8 5.4 Has debit card 2.7 28.9 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.2 5.2 4.6 Use an account to receive wages 8.2 20.3 5.9 Use an account to receive government payments 0.6 10.4 2.5 Use an account to receive remittances 10.8 4.2 4.7 Use an account to send remittances 4.7 2.8 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.0 1.8 2.6 Use a mobile phone to send money 6.1 0.8 7.1 Use a mobile phone to receive money 12.9 1.8 9.1 Savings (%, age 15+) Saved any money in the past year 31.6 25.7 29.9 Saved at a formal financial institution in the past year 18.0 9.5 11.5 Saved using a savings club in the past year 5.8 3.7 8.2 Saved for future expenses in the past year 23.3 13.1 20.3 Saved for emergencies in the past year 20.3 19.1 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.3 7.8 11.4 Loan from family or friends in the past year 36.0 14.2 30.2 Loan from an informal private lender in the past year 3.5 2.3 7.0 Outstanding loan to purchase a home 2.4 1.8 2.4 Outstanding loan for home construction 4.4 4.2 6.3 Outstanding loan to pay school fees 28.6 4.6 6.9 Outstanding loan for health or emergencies 26.9 8.2 16.1 Outstanding loan for funerals or weddings 7.6 1.7 5.4 Insurance (%, age 15+) Personally paid for health insurance 4.0 6.8 2.2 70 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Honduras Lower middle income Population (millions) 7.6 GNI per capita ($) 1,870 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 20.5 39.2 28.4 Male adults (%, age 15+) 26.3 44.0 33.9 Female adults (%, age 15+) 14.9 34.7 22.9 Young adults (%, ages 15–24) 17.2 26.0 21.5 Older adults (%, age 25+) 22.1 43.6 31.2 Adults with a primary education or less (%, age 15+) 10.8 27.8 20.8 Adults with a secondary education or more (%, age 15+) 32.9 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 12.7 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 25.9 49.1 36.3 Adults living in a rural area (%, age 15+) 14.2 33.6 25.3 Adults living in an urban area (%, age 15+) 32.8 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.9 6.0 6.8 0 deposits in a typical month (% with an account) 5.3 13.0 11.6 1–2 deposits in a typical month (% with an account) 75.4 63.3 70.9 3+ deposits in a typical month (% with an account) 14.7 17.7 11.8 0 withdrawals in a typical month (% with an account) 4.9 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 64.9 53.1 64.4 3+ withdrawals in a typical month (% with an account) 25.8 30.8 15.1 ATM is the main mode of deposit (% with an account) 5.0 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 77.5 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 4.8 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 26.1 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 59.6 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 4.3 0.8 3.0 Has debit card 11.1 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.9 5.2 4.1 Use an account to receive wages 8.3 20.3 8.5 Use an account to receive government payments 2.0 10.4 3.9 Use an account to receive remittances 4.1 4.2 3.7 Use an account to send remittances 1.7 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.1 1.8 2.0 Use a mobile phone to send money 1.0 0.8 2.4 Use a mobile phone to receive money 1.8 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 21.8 25.7 27.6 Saved at a formal financial institution in the past year 8.5 9.5 11.1 Saved using a savings club in the past year 2.3 3.7 7.2 Saved for future expenses in the past year 13.5 13.1 19.9 Saved for emergencies in the past year 16.0 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.1 7.8 7.3 Loan from family or friends in the past year 10.8 14.2 26.6 Loan from an informal private lender in the past year 2.7 2.3 5.3 Outstanding loan to purchase a home 1.5 1.8 2.2 Outstanding loan for home construction 2.6 4.2 4.7 Outstanding loan to pay school fees 4.3 4.6 6.8 Outstanding loan for health or emergencies 7.9 8.2 14.8 Outstanding loan for funerals or weddings 1.6 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.3 6.8 5.1 The Little Data Book on Financial Inclusion 2012 71 Hong Kong SAR, China High income Population (millions) 7.1 GNI per capita ($) 32,780 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 88.7 89.4 Male adults (%, age 15+) 88.3 91.7 Female adults (%, age 15+) 89.1 87.3 Young adults (%, ages 15–24) 79.7 76.8 Older adults (%, age 25+) 90.4 92.2 Adults with a primary education or less (%, age 15+) 79.3 72.9 Adults with a secondary education or more (%, age 15+) 91.7 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 83.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 92.3 92.1 Adults living in a rural area (%, age 15+) 79.6 87.0 Adults living in an urban area (%, age 15+) 89.3 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.3 2.1 0 deposits in a typical month (% with an account) 10.2 6.4 1–2 deposits in a typical month (% with an account) 59.8 56.1 3+ deposits in a typical month (% with an account) 28.6 34.0 0 withdrawals in a typical month (% with an account) 7.5 3.9 1–2 withdrawals in a typical month (% with an account) 24.9 18.8 3+ withdrawals in a typical month (% with an account) 65.0 71.7 ATM is the main mode of deposit (% with an account) 45.7 26.2 Bank teller is the main mode of deposit (% with an account) 45.1 53.7 Bank agent is the main mode of deposit (% with an account) 4.5 3.0 ATM is the main mode of withdrawal (% with an account) 76.4 68.7 Bank teller is the main mode of withdrawal (% with an account) 19.0 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.8 0.8 Has debit card 75.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.7 24.4 Use an account to receive wages 48.7 49.5 Use an account to receive government payments 18.2 42.0 Use an account to receive remittances 15.0 13.2 Use an account to send remittances 16.5 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 59.0 58.3 Saved at a formal financial institution in the past year 42.8 44.6 Saved using a savings club in the past year 3.0 5.4 Saved for future expenses in the past year 48.2 37.4 Saved for emergencies in the past year 50.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.9 13.8 Loan from family or friends in the past year 12.1 12.3 Loan from an informal private lender in the past year 2.1 2.3 Outstanding loan to purchase a home 11.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 72 2012 The Little Data Book on Financial Inclusion Hungary High income Population (millions) 10.0 GNI per capita ($) 12,860 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 72.7 89.4 Male adults (%, age 15+) 72.2 91.7 Female adults (%, age 15+) 73.1 87.3 Young adults (%, ages 15–24) 51.0 76.8 Older adults (%, age 25+) 75.8 92.2 Adults with a primary education or less (%, age 15+) 46.3 72.9 Adults with a secondary education or more (%, age 15+) 83.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 60.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 80.9 92.1 Adults living in a rural area (%, age 15+) 69.7 87.0 Adults living in an urban area (%, age 15+) 78.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.8 2.1 0 deposits in a typical month (% with an account) 7.1 6.4 1–2 deposits in a typical month (% with an account) 86.5 56.1 3+ deposits in a typical month (% with an account) 6.1 34.0 0 withdrawals in a typical month (% with an account) 10.0 3.9 1–2 withdrawals in a typical month (% with an account) 41.9 18.8 3+ withdrawals in a typical month (% with an account) 47.4 71.7 ATM is the main mode of deposit (% with an account) 5.6 26.2 Bank teller is the main mode of deposit (% with an account) 39.0 53.7 Bank agent is the main mode of deposit (% with an account) 1.3 3.0 ATM is the main mode of withdrawal (% with an account) 80.9 68.7 Bank teller is the main mode of withdrawal (% with an account) 12.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 62.4 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.1 24.4 Use an account to receive wages 38.9 49.5 Use an account to receive government payments 34.1 42.0 Use an account to receive remittances 5.0 13.2 Use an account to send remittances 3.0 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.2 .. Use a mobile phone to send money 1.4 .. Use a mobile phone to receive money 1.8 .. Savings (%, age 15+) Saved any money in the past year 26.7 58.3 Saved at a formal financial institution in the past year 17.3 44.6 Saved using a savings club in the past year 1.6 5.4 Saved for future expenses in the past year 16.8 37.4 Saved for emergencies in the past year 21.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.4 13.8 Loan from family or friends in the past year 9.5 12.3 Loan from an informal private lender in the past year 1.1 2.3 Outstanding loan to purchase a home 12.6 23.8 Outstanding loan for home construction 8.4 .. Outstanding loan to pay school fees 1.6 .. Outstanding loan for health or emergencies 3.6 .. Outstanding loan for funerals or weddings 1.0 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 73 India South Asia Lower middle income Population (millions) 1,224.6 GNI per capita ($) 1,270 Lower Country South middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 35.2 33.0 28.4 Male adults (%, age 15+) 43.7 40.7 33.9 Female adults (%, age 15+) 26.5 25.0 22.9 Young adults (%, ages 15–24) 27.3 24.7 21.5 Older adults (%, age 25+) 38.6 36.6 31.2 Adults with a primary education or less (%, age 15+) 30.5 27.8 20.8 Adults with a secondary education or more (%, age 15+) 59.5 54.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 27.1 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 44.4 41.0 36.3 Adults living in a rural area (%, age 15+) 33.1 30.8 25.3 Adults living in an urban area (%, age 15+) 41.0 39.2 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.0 6.6 6.8 0 deposits in a typical month (% with an account) 12.6 11.7 11.6 1–2 deposits in a typical month (% with an account) 72.3 70.5 70.9 3+ deposits in a typical month (% with an account) 11.4 12.9 11.8 0 withdrawals in a typical month (% with an account) 14.9 15.9 13.7 1–2 withdrawals in a typical month (% with an account) 68.5 66.4 64.4 3+ withdrawals in a typical month (% with an account) 12.2 11.9 15.1 ATM is the main mode of deposit (% with an account) 1.6 2.0 4.5 Bank teller is the main mode of deposit (% with an account) 89.3 85.3 80.2 Bank agent is the main mode of deposit (% with an account) 3.1 5.3 4.0 ATM is the main mode of withdrawal (% with an account) 18.4 18.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 69.7 68.6 56.8 Bank agent is the main mode of withdrawal (% with an account) 3.2 4.0 3.0 Has debit card 8.4 7.2 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 4.0 4.1 Use an account to receive wages 8.3 7.4 8.5 Use an account to receive government payments 4.0 3.5 3.9 Use an account to receive remittances 1.9 2.0 3.7 Use an account to send remittances 1.8 1.6 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.2 2.0 2.0 Use a mobile phone to send money 0.6 0.8 2.4 Use a mobile phone to receive money 2.0 1.9 3.8 Savings (%, age 15+) Saved any money in the past year 22.4 21.3 27.6 Saved at a formal financial institution in the past year 11.6 11.1 11.1 Saved using a savings club in the past year 3.2 3.3 7.2 Saved for future expenses in the past year 16.7 15.5 19.9 Saved for emergencies in the past year 18.0 17.2 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.7 8.7 7.3 Loan from family or friends in the past year 19.7 19.5 26.6 Loan from an informal private lender in the past year 6.6 6.4 5.3 Outstanding loan to purchase a home 2.3 2.4 2.2 Outstanding loan for home construction 3.7 4.4 4.7 Outstanding loan to pay school fees 5.5 4.9 6.8 Outstanding loan for health or emergencies 14.2 14.1 14.8 Outstanding loan for funerals or weddings 3.4 3.9 3.9 Insurance (%, age 15+) Personally paid for health insurance 6.8 5.5 5.1 74 2012 The Little Data Book on Financial Inclusion East Asia & Pacific Indonesia Lower middle income Population (millions) 239.9 GNI per capita ($) 2,500 East Lower Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 19.6 54.9 28.4 Male adults (%, age 15+) 20.0 57.6 33.9 Female adults (%, age 15+) 19.2 52.3 22.9 Young adults (%, ages 15–24) 12.8 52.1 21.5 Older adults (%, age 25+) 21.3 54.9 31.2 Adults with a primary education or less (%, age 15+) 10.2 46.5 20.8 Adults with a secondary education or more (%, age 15+) 29.4 71.0 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 10.3 39.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 26.4 65.6 36.3 Adults living in a rural area (%, age 15+) 16.2 49.5 25.3 Adults living in an urban area (%, age 15+) 28.9 70.8 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.6 13.2 6.8 0 deposits in a typical month (% with an account) 0.8 19.1 11.6 1–2 deposits in a typical month (% with an account) 87.9 64.6 70.9 3+ deposits in a typical month (% with an account) 7.1 7.8 11.8 0 withdrawals in a typical month (% with an account) 9.1 20.5 13.7 1–2 withdrawals in a typical month (% with an account) 74.3 55.0 64.4 3+ withdrawals in a typical month (% with an account) 12.7 14.3 15.1 ATM is the main mode of deposit (% with an account) 5.9 13.9 4.5 Bank teller is the main mode of deposit (% with an account) 84.9 76.4 80.2 Bank agent is the main mode of deposit (% with an account) 5.9 2.5 4.0 ATM is the main mode of withdrawal (% with an account) 51.1 39.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 43.9 55.9 56.8 Bank agent is the main mode of withdrawal (% with an account) 3.0 1.3 3.0 Has debit card 10.5 34.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.2 3.2 4.1 Use an account to receive wages 7.7 16.9 8.5 Use an account to receive government payments 2.6 6.3 3.9 Use an account to receive remittances 6.1 8.8 3.7 Use an account to send remittances 5.5 7.1 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.2 1.3 2.0 Use a mobile phone to send money 0.6 1.0 2.4 Use a mobile phone to receive money 0.6 1.2 3.8 Savings (%, age 15+) Saved any money in the past year 40.5 39.8 27.6 Saved at a formal financial institution in the past year 15.3 28.4 11.1 Saved using a savings club in the past year 13.9 4.3 7.2 Saved for future expenses in the past year 31.6 28.2 19.9 Saved for emergencies in the past year 33.8 29.6 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.5 8.6 7.3 Loan from family or friends in the past year 42.3 27.2 26.6 Loan from an informal private lender in the past year 2.0 1.9 5.3 Outstanding loan to purchase a home 0.7 4.4 2.2 Outstanding loan for home construction 5.1 5.4 4.7 Outstanding loan to pay school fees 10.7 5.8 6.8 Outstanding loan for health or emergencies 18.7 9.7 14.8 Outstanding loan for funerals or weddings 2.4 1.8 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.9 36.8 5.1 The Little Data Book on Financial Inclusion 2012 75 Iran, Islamic Rep. Middle East & North Africa Upper middle income Population (millions) 74.0 GNI per capita ($) 4,520 Middle Upper Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 73.7 17.7 57.2 Male adults (%, age 15+) 85.2 23.1 61.4 Female adults (%, age 15+) 61.9 12.5 53.1 Young adults (%, ages 15–24) 67.9 12.3 51.7 Older adults (%, age 25+) 76.5 20.3 58.2 Adults with a primary education or less (%, age 15+) 64.9 13.1 47.5 Adults with a secondary education or more (%, age 15+) 78.7 23.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 65.9 8.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 82.3 17.3 67.6 Adults living in a rural area (%, age 15+) 71.1 10.5 51.7 Adults living in an urban area (%, age 15+) 75.7 17.9 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 14.9 19.1 11.8 0 deposits in a typical month (% with an account) 20.5 30.8 18.1 1–2 deposits in a typical month (% with an account) 60.9 50.8 64.9 3+ deposits in a typical month (% with an account) 11.9 14.6 9.6 0 withdrawals in a typical month (% with an account) 18.6 24.4 17.6 1–2 withdrawals in a typical month (% with an account) 41.7 50.2 54.7 3+ withdrawals in a typical month (% with an account) 30.8 19.3 19.2 ATM is the main mode of deposit (% with an account) 44.4 6.0 17.7 Bank teller is the main mode of deposit (% with an account) 50.2 66.6 66.4 Bank agent is the main mode of deposit (% with an account) 1.0 4.2 1.2 ATM is the main mode of withdrawal (% with an account) 67.7 37.6 46.1 Bank teller is the main mode of withdrawal (% with an account) 26.5 51.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.4 1.2 0.7 Has debit card 58.3 9.1 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 17.6 4.7 4.0 Use an account to receive wages 26.1 6.0 21.3 Use an account to receive government payments 49.3 3.1 9.0 Use an account to receive remittances 27.3 2.7 8.0 Use an account to send remittances 28.2 2.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. 1.0 1.7 Use a mobile phone to send money .. 1.3 0.9 Use a mobile phone to receive money .. 2.4 1.1 Savings (%, age 15+) Saved any money in the past year 32.3 20.0 33.7 Saved at a formal financial institution in the past year 19.7 4.5 24.2 Saved using a savings club in the past year 5.6 3.6 2.8 Saved for future expenses in the past year 20.3 13.9 22.0 Saved for emergencies in the past year 20.4 15.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 30.7 5.1 7.8 Loan from family or friends in the past year 50.1 31.1 22.8 Loan from an informal private lender in the past year 6.6 4.7 1.5 Outstanding loan to purchase a home 15.1 4.5 4.0 Outstanding loan for home construction .. 7.7 4.9 Outstanding loan to pay school fees .. 5.8 3.8 Outstanding loan for health or emergencies .. 15.7 6.6 Outstanding loan for funerals or weddings .. 5.5 1.2 Insurance (%, age 15+) Personally paid for health insurance 19.3 2.5 31.3 76 2012 The Little Data Book on Financial Inclusion Middle East & North Africa Iraq Lower middle income Population (millions) 32.0 GNI per capita ($) 2,340 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 10.6 17.7 28.4 Male adults (%, age 15+) 13.5 23.1 33.9 Female adults (%, age 15+) 7.5 12.5 22.9 Young adults (%, ages 15–24) 7.1 12.3 21.5 Older adults (%, age 25+) 12.0 20.3 31.2 Adults with a primary education or less (%, age 15+) 7.6 13.1 20.8 Adults with a secondary education or more (%, age 15+) 14.3 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 7.3 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 13.5 17.3 36.3 Adults living in a rural area (%, age 15+) 7.6 10.5 25.3 Adults living in an urban area (%, age 15+) 12.2 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.0 19.1 6.8 0 deposits in a typical month (% with an account) 17.2 30.8 11.6 1–2 deposits in a typical month (% with an account) 51.9 50.8 70.9 3+ deposits in a typical month (% with an account) 16.8 14.6 11.8 0 withdrawals in a typical month (% with an account) 15.4 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 44.8 50.2 64.4 3+ withdrawals in a typical month (% with an account) 10.8 19.3 15.1 ATM is the main mode of deposit (% with an account) 1.4 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 74.6 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 4.6 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 5.5 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 84.1 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.2 3.0 Has debit card 3.3 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.2 4.7 4.1 Use an account to receive wages 3.3 6.0 8.5 Use an account to receive government payments 4.3 3.1 3.9 Use an account to receive remittances 1.6 2.7 3.7 Use an account to send remittances 1.0 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 1.0 2.0 Use a mobile phone to send money 2.4 1.3 2.4 Use a mobile phone to receive money 7.0 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 26.2 20.0 27.6 Saved at a formal financial institution in the past year 5.4 4.5 11.1 Saved using a savings club in the past year 5.7 3.6 7.2 Saved for future expenses in the past year 19.9 13.9 19.9 Saved for emergencies in the past year 22.3 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.0 5.1 7.3 Loan from family or friends in the past year 41.5 31.1 26.6 Loan from an informal private lender in the past year 8.5 4.7 5.3 Outstanding loan to purchase a home 14.8 4.5 2.2 Outstanding loan for home construction 16.9 7.7 4.7 Outstanding loan to pay school fees 12.9 5.8 6.8 Outstanding loan for health or emergencies 26.7 15.7 14.8 Outstanding loan for funerals or weddings 12.6 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.2 2.5 5.1 The Little Data Book on Financial Inclusion 2012 77 Ireland High income Population (millions) 4.5 GNI per capita ($) 41,820 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 93.9 89.4 Male adults (%, age 15+) 95.7 91.7 Female adults (%, age 15+) 92.2 87.3 Young adults (%, ages 15–24) 88.1 76.8 Older adults (%, age 25+) 95.3 92.2 Adults with a primary education or less (%, age 15+) 83.2 72.9 Adults with a secondary education or more (%, age 15+) 95.6 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 90.6 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 96.0 92.1 Adults living in a rural area (%, age 15+) 93.9 87.0 Adults living in an urban area (%, age 15+) 93.8 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.6 2.1 0 deposits in a typical month (% with an account) 4.0 6.4 1–2 deposits in a typical month (% with an account) 44.2 56.1 3+ deposits in a typical month (% with an account) 47.4 34.0 0 withdrawals in a typical month (% with an account) 3.1 3.9 1–2 withdrawals in a typical month (% with an account) 15.1 18.8 3+ withdrawals in a typical month (% with an account) 77.5 71.7 ATM is the main mode of deposit (% with an account) 5.3 26.2 Bank teller is the main mode of deposit (% with an account) 78.6 53.7 Bank agent is the main mode of deposit (% with an account) 5.3 3.0 ATM is the main mode of withdrawal (% with an account) 74.4 68.7 Bank teller is the main mode of withdrawal (% with an account) 16.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.0 0.8 Has debit card 70.5 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 37.4 24.4 Use an account to receive wages 51.7 49.5 Use an account to receive government payments 39.0 42.0 Use an account to receive remittances 11.8 13.2 Use an account to send remittances 16.5 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 64.6 58.3 Saved at a formal financial institution in the past year 51.3 44.6 Saved using a savings club in the past year 9.3 5.4 Saved for future expenses in the past year 44.3 37.4 Saved for emergencies in the past year 51.9 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 15.7 13.8 Loan from family or friends in the past year 11.3 12.3 Loan from an informal private lender in the past year 1.9 2.3 Outstanding loan to purchase a home 32.4 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 78 2012 The Little Data Book on Financial Inclusion Israel High income Population (millions) 7.6 GNI per capita ($) 27,180 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 90.5 89.4 Male adults (%, age 15+) 88.4 91.7 Female adults (%, age 15+) 92.4 87.3 Young adults (%, ages 15–24) 73.7 76.8 Older adults (%, age 25+) 95.2 92.2 Adults with a primary education or less (%, age 15+) 91.1 72.9 Adults with a secondary education or more (%, age 15+) 90.8 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 88.3 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 92.0 92.1 Adults living in a rural area (%, age 15+) 83.8 87.0 Adults living in an urban area (%, age 15+) 92.9 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.2 2.1 0 deposits in a typical month (% with an account) 0.7 6.4 1–2 deposits in a typical month (% with an account) 73.5 56.1 3+ deposits in a typical month (% with an account) 16.1 34.0 0 withdrawals in a typical month (% with an account) 1.2 3.9 1–2 withdrawals in a typical month (% with an account) 19.6 18.8 3+ withdrawals in a typical month (% with an account) 68.9 71.7 ATM is the main mode of deposit (% with an account) 30.4 26.2 Bank teller is the main mode of deposit (% with an account) 53.6 53.7 Bank agent is the main mode of deposit (% with an account) 2.5 3.0 ATM is the main mode of withdrawal (% with an account) 67.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 19.8 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.3 0.8 Has debit card 7.5 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.4 24.4 Use an account to receive wages 43.7 49.5 Use an account to receive government payments 31.6 42.0 Use an account to receive remittances 9.8 13.2 Use an account to send remittances 8.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 12.6 .. Use a mobile phone to send money 1.9 .. Use a mobile phone to receive money 1.3 .. Savings (%, age 15+) Saved any money in the past year 44.9 58.3 Saved at a formal financial institution in the past year 24.8 44.6 Saved using a savings club in the past year 3.2 5.4 Saved for future expenses in the past year 34.7 37.4 Saved for emergencies in the past year 26.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 16.7 13.8 Loan from family or friends in the past year 19.9 12.3 Loan from an informal private lender in the past year 2.0 2.3 Outstanding loan to purchase a home 15.3 23.8 Outstanding loan for home construction 10.6 .. Outstanding loan to pay school fees 9.8 .. Outstanding loan for health or emergencies 7.1 .. Outstanding loan for funerals or weddings 6.7 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 79 Italy High income Population (millions) 60.5 GNI per capita ($) 35,700 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 71.0 89.4 Male adults (%, age 15+) 79.1 91.7 Female adults (%, age 15+) 64.3 87.3 Young adults (%, ages 15–24) 31.8 76.8 Older adults (%, age 25+) 78.2 92.2 Adults with a primary education or less (%, age 15+) 64.3 72.9 Adults with a secondary education or more (%, age 15+) 82.7 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 67.6 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 73.1 92.1 Adults living in a rural area (%, age 15+) 74.1 87.0 Adults living in an urban area (%, age 15+) 67.6 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.6 2.1 0 deposits in a typical month (% with an account) 4.5 6.4 1–2 deposits in a typical month (% with an account) 77.4 56.1 3+ deposits in a typical month (% with an account) 9.5 34.0 0 withdrawals in a typical month (% with an account) 3.9 3.9 1–2 withdrawals in a typical month (% with an account) 33.8 18.8 3+ withdrawals in a typical month (% with an account) 44.1 71.7 ATM is the main mode of deposit (% with an account) 13.0 26.2 Bank teller is the main mode of deposit (% with an account) 54.3 53.7 Bank agent is the main mode of deposit (% with an account) 0.1 3.0 ATM is the main mode of withdrawal (% with an account) 56.4 68.7 Bank teller is the main mode of withdrawal (% with an account) 37.6 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.0 0.8 Has debit card 35.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.1 24.4 Use an account to receive wages 31.4 49.5 Use an account to receive government payments 22.4 42.0 Use an account to receive remittances 3.4 13.2 Use an account to send remittances 3.2 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 26.4 58.3 Saved at a formal financial institution in the past year 15.5 44.6 Saved using a savings club in the past year 0.7 5.4 Saved for future expenses in the past year 9.9 37.4 Saved for emergencies in the past year 20.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.6 13.8 Loan from family or friends in the past year 3.3 12.3 Loan from an informal private lender in the past year 2.3 2.3 Outstanding loan to purchase a home 10.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 80 2012 The Little Data Book on Financial Inclusion Japan High income Population (millions) 127.5 GNI per capita ($) 41,850 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 96.4 89.4 Male adults (%, age 15+) 96.0 91.7 Female adults (%, age 15+) 96.8 87.3 Young adults (%, ages 15–24) 85.9 76.8 Older adults (%, age 25+) 97.9 92.2 Adults with a primary education or less (%, age 15+) 89.6 72.9 Adults with a secondary education or more (%, age 15+) 99.3 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 95.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.4 92.1 Adults living in a rural area (%, age 15+) 95.0 87.0 Adults living in an urban area (%, age 15+) 98.9 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.4 2.1 0 deposits in a typical month (% with an account) 11.7 6.4 1–2 deposits in a typical month (% with an account) 65.4 56.1 3+ deposits in a typical month (% with an account) 20.6 34.0 0 withdrawals in a typical month (% with an account) 7.0 3.9 1–2 withdrawals in a typical month (% with an account) 41.5 18.8 3+ withdrawals in a typical month (% with an account) 48.4 71.7 ATM is the main mode of deposit (% with an account) 73.6 26.2 Bank teller is the main mode of deposit (% with an account) 16.3 53.7 Bank agent is the main mode of deposit (% with an account) 0.6 3.0 ATM is the main mode of withdrawal (% with an account) 83.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 12.2 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.4 0.8 Has debit card 13.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.2 24.4 Use an account to receive wages 52.4 49.5 Use an account to receive government payments 47.7 42.0 Use an account to receive remittances 7.4 13.2 Use an account to send remittances 13.8 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 63.3 58.3 Saved at a formal financial institution in the past year 51.3 44.6 Saved using a savings club in the past year 6.7 5.4 Saved for future expenses in the past year 42.6 37.4 Saved for emergencies in the past year 50.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.1 13.8 Loan from family or friends in the past year 5.1 12.3 Loan from an informal private lender in the past year 0.5 2.3 Outstanding loan to purchase a home 16.0 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 81 Jordan Middle East & North Africa Upper middle income Population (millions) 6.0 GNI per capita ($) 4,340 Middle Upper Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 25.5 17.7 57.2 Male adults (%, age 15+) 33.7 23.1 61.4 Female adults (%, age 15+) 17.4 12.5 53.1 Young adults (%, ages 15–24) 11.5 12.3 51.7 Older adults (%, age 25+) 34.3 20.3 58.2 Adults with a primary education or less (%, age 15+) 15.9 13.1 47.5 Adults with a secondary education or more (%, age 15+) 28.4 23.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 18.4 8.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 31.3 17.3 67.6 Adults living in a rural area (%, age 15+) 26.6 10.5 51.7 Adults living in an urban area (%, age 15+) 24.8 17.9 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.2 19.1 11.8 0 deposits in a typical month (% with an account) 25.1 30.8 18.1 1–2 deposits in a typical month (% with an account) 65.2 50.8 64.9 3+ deposits in a typical month (% with an account) 7.9 14.6 9.6 0 withdrawals in a typical month (% with an account) 5.1 24.4 17.6 1–2 withdrawals in a typical month (% with an account) 71.6 50.2 54.7 3+ withdrawals in a typical month (% with an account) 22.0 19.3 19.2 ATM is the main mode of deposit (% with an account) 6.0 6.0 17.7 Bank teller is the main mode of deposit (% with an account) 69.4 66.6 66.4 Bank agent is the main mode of deposit (% with an account) 0.3 4.2 1.2 ATM is the main mode of withdrawal (% with an account) 55.1 37.6 46.1 Bank teller is the main mode of withdrawal (% with an account) 40.3 51.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.2 0.7 Has debit card 14.7 9.1 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 4.7 4.0 Use an account to receive wages 5.7 6.0 21.3 Use an account to receive government payments 8.5 3.1 9.0 Use an account to receive remittances 2.1 2.7 8.0 Use an account to send remittances 0.3 2.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.0 1.7 Use a mobile phone to send money 0.0 1.3 0.9 Use a mobile phone to receive money 0.0 2.4 1.1 Savings (%, age 15+) Saved any money in the past year 18.2 20.0 33.7 Saved at a formal financial institution in the past year 8.3 4.5 24.2 Saved using a savings club in the past year 3.8 3.6 2.8 Saved for future expenses in the past year 11.8 13.9 22.0 Saved for emergencies in the past year 14.4 15.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.5 5.1 7.8 Loan from family or friends in the past year 26.1 31.1 22.8 Loan from an informal private lender in the past year 1.4 4.7 1.5 Outstanding loan to purchase a home 2.7 4.5 4.0 Outstanding loan for home construction 3.5 7.7 4.9 Outstanding loan to pay school fees 5.6 5.8 3.8 Outstanding loan for health or emergencies 11.8 15.7 6.6 Outstanding loan for funerals or weddings 0.8 5.5 1.2 Insurance (%, age 15+) Personally paid for health insurance 1.1 2.5 31.3 82 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Kazakhstan Upper middle income Population (millions) 16.3 GNI per capita ($) 7,580 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 42.1 44.9 57.2 Male adults (%, age 15+) 40.2 49.9 61.4 Female adults (%, age 15+) 43.7 40.0 53.1 Young adults (%, ages 15–24) 26.7 31.9 51.7 Older adults (%, age 25+) 47.6 48.4 58.2 Adults with a primary education or less (%, age 15+) 19.8 25.6 47.5 Adults with a secondary education or more (%, age 15+) 45.7 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 35.1 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 46.8 51.1 67.6 Adults living in a rural area (%, age 15+) 37.4 41.6 51.7 Adults living in an urban area (%, age 15+) 49.5 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.5 4.0 11.8 0 deposits in a typical month (% with an account) 4.7 6.5 18.1 1–2 deposits in a typical month (% with an account) 74.0 80.8 64.9 3+ deposits in a typical month (% with an account) 3.7 5.4 9.6 0 withdrawals in a typical month (% with an account) 7.8 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 65.3 61.8 54.7 3+ withdrawals in a typical month (% with an account) 10.2 22.5 19.2 ATM is the main mode of deposit (% with an account) 8.9 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 39.5 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 2.4 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 55.5 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 28.1 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.1 1.0 0.7 Has debit card 31.3 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 10.5 5.3 4.0 Use an account to receive wages 29.5 27.3 21.3 Use an account to receive government payments 9.1 11.0 9.0 Use an account to receive remittances 3.2 4.8 8.0 Use an account to send remittances 3.3 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.3 3.0 1.7 Use a mobile phone to send money 2.5 2.5 0.9 Use a mobile phone to receive money 2.5 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 21.9 20.4 33.7 Saved at a formal financial institution in the past year 6.7 7.0 24.2 Saved using a savings club in the past year 2.6 1.3 2.8 Saved for future expenses in the past year 13.9 12.8 22.0 Saved for emergencies in the past year 11.4 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 13.1 7.7 7.8 Loan from family or friends in the past year 31.3 28.2 22.8 Loan from an informal private lender in the past year 3.3 1.5 1.5 Outstanding loan to purchase a home 4.5 1.8 4.0 Outstanding loan for home construction 5.9 4.7 4.9 Outstanding loan to pay school fees 3.1 1.7 3.8 Outstanding loan for health or emergencies 5.1 3.6 6.6 Outstanding loan for funerals or weddings 2.4 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 1.9 4.5 31.3 The Little Data Book on Financial Inclusion 2012 83 Kenya Sub-Saharan Africa Low income Population (millions) 40.5 GNI per capita ($) 790 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 42.3 24.1 23.7 Male adults (%, age 15+) 45.6 26.7 27.0 Female adults (%, age 15+) 39.2 21.4 20.5 Young adults (%, ages 15–24) 40.3 16.8 15.6 Older adults (%, age 25+) 43.3 27.7 28.2 Adults with a primary education or less (%, age 15+) 19.4 14.0 16.2 Adults with a secondary education or more (%, age 15+) 62.8 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 18.9 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 61.6 31.9 29.4 Adults living in a rural area (%, age 15+) 37.9 20.7 22.0 Adults living in an urban area (%, age 15+) 76.0 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.4 3.8 5.4 0 deposits in a typical month (% with an account) 10.8 6.3 8.3 1–2 deposits in a typical month (% with an account) 62.6 69.5 64.7 3+ deposits in a typical month (% with an account) 26.6 21.9 23.1 0 withdrawals in a typical month (% with an account) 8.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 66.5 63.3 59.1 3+ withdrawals in a typical month (% with an account) 25.2 23.0 16.1 ATM is the main mode of deposit (% with an account) 4.2 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 81.4 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 3.9 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 69.2 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 24.7 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 2.2 2.5 5.4 Has debit card 29.9 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 12.5 5.3 4.6 Use an account to receive wages 15.9 9.9 5.9 Use an account to receive government payments 5.3 5.7 2.5 Use an account to receive remittances 17.2 9.1 4.7 Use an account to send remittances 10.2 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 13.4 3.0 2.6 Use a mobile phone to send money 60.5 11.2 7.1 Use a mobile phone to receive money 66.7 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 40.1 40.2 29.9 Saved at a formal financial institution in the past year 23.3 14.2 11.5 Saved using a savings club in the past year 19.4 19.3 8.2 Saved for future expenses in the past year 26.5 26.0 20.3 Saved for emergencies in the past year 34.0 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.7 4.7 11.4 Loan from family or friends in the past year 58.2 39.9 30.2 Loan from an informal private lender in the past year 6.6 5.4 7.0 Outstanding loan to purchase a home 0.9 2.0 2.4 Outstanding loan for home construction 3.6 4.4 6.3 Outstanding loan to pay school fees 8.5 9.0 6.9 Outstanding loan for health or emergencies 10.7 15.1 16.1 Outstanding loan for funerals or weddings 1.3 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 5.4 3.2 2.2 84 2012 The Little Data Book on Financial Inclusion Korea, Rep. High income Population (millions) 48.9 GNI per capita ($) 19,890 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 93.0 89.4 Male adults (%, age 15+) 93.0 91.7 Female adults (%, age 15+) 93.1 87.3 Young adults (%, ages 15–24) 84.1 76.8 Older adults (%, age 25+) 96.3 92.2 Adults with a primary education or less (%, age 15+) 91.4 72.9 Adults with a secondary education or more (%, age 15+) 93.3 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 89.3 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 95.5 92.1 Adults living in a rural area (%, age 15+) 84.8 87.0 Adults living in an urban area (%, age 15+) 94.6 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.1 2.1 0 deposits in a typical month (% with an account) 12.0 6.4 1–2 deposits in a typical month (% with an account) 45.2 56.1 3+ deposits in a typical month (% with an account) 40.5 34.0 0 withdrawals in a typical month (% with an account) 7.2 3.9 1–2 withdrawals in a typical month (% with an account) 26.6 18.8 3+ withdrawals in a typical month (% with an account) 63.6 71.7 ATM is the main mode of deposit (% with an account) 60.7 26.2 Bank teller is the main mode of deposit (% with an account) 32.6 53.7 Bank agent is the main mode of deposit (% with an account) 0.5 3.0 ATM is the main mode of withdrawal (% with an account) 77.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 19.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.5 0.8 Has debit card 57.9 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 19.0 24.4 Use an account to receive wages 49.4 49.5 Use an account to receive government payments 25.2 42.0 Use an account to receive remittances 39.9 13.2 Use an account to send remittances 50.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 64.5 58.3 Saved at a formal financial institution in the past year 46.9 44.6 Saved using a savings club in the past year 10.8 5.4 Saved for future expenses in the past year 44.6 37.4 Saved for emergencies in the past year 42.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 16.6 13.8 Loan from family or friends in the past year 17.0 12.3 Loan from an informal private lender in the past year 0.6 2.3 Outstanding loan to purchase a home 20.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 85 Kosovo Europe & Central Asia Lower middle income Population (millions) 1.8 GNI per capita ($) 3,290 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 44.3 44.9 28.4 Male adults (%, age 15+) 57.3 49.9 33.9 Female adults (%, age 15+) 31.5 40.0 22.9 Young adults (%, ages 15–24) 33.5 31.9 21.5 Older adults (%, age 25+) 47.5 48.4 31.2 Adults with a primary education or less (%, age 15+) 26.4 25.6 20.8 Adults with a secondary education or more (%, age 15+) 56.9 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 34.0 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 53.2 51.1 36.3 Adults living in a rural area (%, age 15+) 42.0 41.6 25.3 Adults living in an urban area (%, age 15+) 52.4 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.6 4.0 6.8 0 deposits in a typical month (% with an account) 15.9 6.5 11.6 1–2 deposits in a typical month (% with an account) 58.3 80.8 70.9 3+ deposits in a typical month (% with an account) 13.0 5.4 11.8 0 withdrawals in a typical month (% with an account) 8.4 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 50.6 61.8 64.4 3+ withdrawals in a typical month (% with an account) 28.6 22.5 15.1 ATM is the main mode of deposit (% with an account) 3.5 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 67.1 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 0.4 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 48.5 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 37.1 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.3 1.0 3.0 Has debit card 29.0 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.9 5.3 4.1 Use an account to receive wages 14.9 27.3 8.5 Use an account to receive government payments 9.5 11.0 3.9 Use an account to receive remittances 8.9 4.8 3.7 Use an account to send remittances 3.4 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 8.5 3.0 2.0 Use a mobile phone to send money 9.2 2.5 2.4 Use a mobile phone to receive money 13.9 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 14.6 20.4 27.6 Saved at a formal financial institution in the past year 4.9 7.0 11.1 Saved using a savings club in the past year 0.9 1.3 7.2 Saved for future expenses in the past year 5.4 12.8 19.9 Saved for emergencies in the past year 9.7 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.1 7.7 7.3 Loan from family or friends in the past year 17.0 28.2 26.6 Loan from an informal private lender in the past year 2.2 1.5 5.3 Outstanding loan to purchase a home 1.6 1.8 2.2 Outstanding loan for home construction 5.5 4.7 4.7 Outstanding loan to pay school fees 1.4 1.7 6.8 Outstanding loan for health or emergencies 1.5 3.6 14.8 Outstanding loan for funerals or weddings 1.3 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.3 4.5 5.1 86 2012 The Little Data Book on Financial Inclusion Kuwait High income Population (millions) 2.7 GNI per capita ($) 47,790 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 86.8 89.4 Male adults (%, age 15+) 92.7 91.7 Female adults (%, age 15+) 79.6 87.3 Young adults (%, ages 15–24) 73.6 76.8 Older adults (%, age 25+) 91.9 92.2 Adults with a primary education or less (%, age 15+) 97.5 72.9 Adults with a secondary education or more (%, age 15+) 85.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 82.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 91.2 92.1 Adults living in a rural area (%, age 15+) .. 87.0 Adults living in an urban area (%, age 15+) 86.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.1 2.1 0 deposits in a typical month (% with an account) 6.7 6.4 1–2 deposits in a typical month (% with an account) 80.5 56.1 3+ deposits in a typical month (% with an account) 11.8 34.0 0 withdrawals in a typical month (% with an account) 0.6 3.9 1–2 withdrawals in a typical month (% with an account) 18.3 18.8 3+ withdrawals in a typical month (% with an account) 80.5 71.7 ATM is the main mode of deposit (% with an account) 32.6 26.2 Bank teller is the main mode of deposit (% with an account) 45.6 53.7 Bank agent is the main mode of deposit (% with an account) 0.0 3.0 ATM is the main mode of withdrawal (% with an account) 85.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 10.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 83.9 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.8 24.4 Use an account to receive wages 51.1 49.5 Use an account to receive government payments 41.3 42.0 Use an account to receive remittances 6.0 13.2 Use an account to send remittances 8.6 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 9.5 .. Use a mobile phone to send money 2.2 .. Use a mobile phone to receive money 2.4 .. Savings (%, age 15+) Saved any money in the past year 50.1 58.3 Saved at a formal financial institution in the past year 40.3 44.6 Saved using a savings club in the past year 12.8 5.4 Saved for future expenses in the past year 35.2 37.4 Saved for emergencies in the past year 43.9 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 20.8 13.8 Loan from family or friends in the past year 18.3 12.3 Loan from an informal private lender in the past year 2.5 2.3 Outstanding loan to purchase a home 21.6 23.8 Outstanding loan for home construction 14.3 .. Outstanding loan to pay school fees 19.1 .. Outstanding loan for health or emergencies 5.8 .. Outstanding loan for funerals or weddings 7.0 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 87 Kyrgyz Republic Europe & Central Asia Low income Population (millions) 5.4 GNI per capita ($) 830 Europe & Country Central Low data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 3.8 44.9 23.7 Male adults (%, age 15+) 3.6 49.9 27.0 Female adults (%, age 15+) 3.9 40.0 20.5 Young adults (%, ages 15–24) 3.1 31.9 15.6 Older adults (%, age 25+) 4.2 48.4 28.2 Adults with a primary education or less (%, age 15+) 0.0 25.6 16.2 Adults with a secondary education or more (%, age 15+) 4.7 51.4 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.1 36.5 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 5.6 51.1 29.4 Adults living in a rural area (%, age 15+) 2.6 41.6 22.0 Adults living in an urban area (%, age 15+) 8.1 50.4 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.9 4.0 5.4 0 deposits in a typical month (% with an account) 3.9 6.5 8.3 1–2 deposits in a typical month (% with an account) 71.6 80.8 64.7 3+ deposits in a typical month (% with an account) 15.5 5.4 23.1 0 withdrawals in a typical month (% with an account) 13.2 6.9 21.2 1–2 withdrawals in a typical month (% with an account) 47.2 61.8 59.1 3+ withdrawals in a typical month (% with an account) 36.5 22.5 16.1 ATM is the main mode of deposit (% with an account) 10.1 22.4 4.3 Bank teller is the main mode of deposit (% with an account) 53.4 30.7 78.8 Bank agent is the main mode of deposit (% with an account) 2.3 1.6 9.1 ATM is the main mode of withdrawal (% with an account) 51.0 67.1 23.0 Bank teller is the main mode of withdrawal (% with an account) 42.1 20.4 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.0 5.4 Has debit card 1.7 36.4 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.3 5.3 4.6 Use an account to receive wages 2.4 27.3 5.9 Use an account to receive government payments 0.2 11.0 2.5 Use an account to receive remittances 1.4 4.8 4.7 Use an account to send remittances 0.5 3.0 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.1 3.0 2.6 Use a mobile phone to send money 0.3 2.5 7.1 Use a mobile phone to receive money 0.8 2.7 9.1 Savings (%, age 15+) Saved any money in the past year 36.4 20.4 29.9 Saved at a formal financial institution in the past year 0.9 7.0 11.5 Saved using a savings club in the past year 2.7 1.3 8.2 Saved for future expenses in the past year 25.4 12.8 20.3 Saved for emergencies in the past year 26.3 13.9 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.3 7.7 11.4 Loan from family or friends in the past year 25.5 28.2 30.2 Loan from an informal private lender in the past year 1.5 1.5 7.0 Outstanding loan to purchase a home 0.4 1.8 2.4 Outstanding loan for home construction 5.7 4.7 6.3 Outstanding loan to pay school fees 1.1 1.7 6.9 Outstanding loan for health or emergencies 1.6 3.6 16.1 Outstanding loan for funerals or weddings 0.3 1.4 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.0 4.5 2.2 88 2012 The Little Data Book on Financial Inclusion East Asia & Pacific Lao PDR Lower middle income Population (millions) 6.2 GNI per capita ($) 1,050 East Lower Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 26.8 54.9 28.4 Male adults (%, age 15+) 27.4 57.6 33.9 Female adults (%, age 15+) 26.2 52.3 22.9 Young adults (%, ages 15–24) 23.0 52.1 21.5 Older adults (%, age 25+) 27.8 54.9 31.2 Adults with a primary education or less (%, age 15+) 22.0 46.5 20.8 Adults with a secondary education or more (%, age 15+) 34.7 71.0 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 20.1 39.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 31.7 65.6 36.3 Adults living in a rural area (%, age 15+) 20.2 49.5 25.3 Adults living in an urban area (%, age 15+) 32.0 70.8 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 20.5 13.2 6.8 0 deposits in a typical month (% with an account) 23.0 19.1 11.6 1–2 deposits in a typical month (% with an account) 71.1 64.6 70.9 3+ deposits in a typical month (% with an account) 5.4 7.8 11.8 0 withdrawals in a typical month (% with an account) 73.1 20.5 13.7 1–2 withdrawals in a typical month (% with an account) 21.2 55.0 64.4 3+ withdrawals in a typical month (% with an account) 3.5 14.3 15.1 ATM is the main mode of deposit (% with an account) 1.2 13.9 4.5 Bank teller is the main mode of deposit (% with an account) 83.8 76.4 80.2 Bank agent is the main mode of deposit (% with an account) 14.3 2.5 4.0 ATM is the main mode of withdrawal (% with an account) 11.8 39.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 74.1 55.9 56.8 Bank agent is the main mode of withdrawal (% with an account) 12.8 1.3 3.0 Has debit card 6.5 34.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.5 3.2 4.1 Use an account to receive wages 3.0 16.9 8.5 Use an account to receive government payments 1.0 6.3 3.9 Use an account to receive remittances 3.0 8.8 3.7 Use an account to send remittances 1.7 7.1 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.3 2.0 Use a mobile phone to send money 0.0 1.0 2.4 Use a mobile phone to receive money 0.0 1.2 3.8 Savings (%, age 15+) Saved any money in the past year 54.5 39.8 27.6 Saved at a formal financial institution in the past year 19.4 28.4 11.1 Saved using a savings club in the past year 8.1 4.3 7.2 Saved for future expenses in the past year 47.4 28.2 19.9 Saved for emergencies in the past year 52.3 29.6 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 18.1 8.6 7.3 Loan from family or friends in the past year 15.6 27.2 26.6 Loan from an informal private lender in the past year 4.9 1.9 5.3 Outstanding loan to purchase a home 1.2 4.4 2.2 Outstanding loan for home construction 11.4 5.4 4.7 Outstanding loan to pay school fees 8.1 5.8 6.8 Outstanding loan for health or emergencies 16.1 9.7 14.8 Outstanding loan for funerals or weddings 2.1 1.8 3.9 Insurance (%, age 15+) Personally paid for health insurance 4.5 36.8 5.1 The Little Data Book on Financial Inclusion 2012 89 Latvia Europe & Central Asia Upper middle income Population (millions) 2.2 GNI per capita ($) 11,640 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 89.7 44.9 57.2 Male adults (%, age 15+) 86.7 49.9 61.4 Female adults (%, age 15+) 92.0 40.0 53.1 Young adults (%, ages 15–24) 78.9 31.9 51.7 Older adults (%, age 25+) 91.9 48.4 58.2 Adults with a primary education or less (%, age 15+) 74.4 25.6 47.5 Adults with a secondary education or more (%, age 15+) 94.2 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 83.6 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 93.8 51.1 67.6 Adults living in a rural area (%, age 15+) 86.4 41.6 51.7 Adults living in an urban area (%, age 15+) 92.6 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.8 4.0 11.8 0 deposits in a typical month (% with an account) 7.2 6.5 18.1 1–2 deposits in a typical month (% with an account) 82.3 80.8 64.9 3+ deposits in a typical month (% with an account) 7.6 5.4 9.6 0 withdrawals in a typical month (% with an account) 5.0 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 39.7 61.8 54.7 3+ withdrawals in a typical month (% with an account) 51.9 22.5 19.2 ATM is the main mode of deposit (% with an account) 25.8 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 26.6 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 5.4 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 84.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 9.6 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.8 1.0 0.7 Has debit card 77.8 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.4 5.3 4.0 Use an account to receive wages 53.5 27.3 21.3 Use an account to receive government payments 49.1 11.0 9.0 Use an account to receive remittances 12.3 4.8 8.0 Use an account to send remittances 7.9 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.5 3.0 1.7 Use a mobile phone to send money 0.9 2.5 0.9 Use a mobile phone to receive money 1.6 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 19.8 20.4 33.7 Saved at a formal financial institution in the past year 13.3 7.0 24.2 Saved using a savings club in the past year 1.5 1.3 2.8 Saved for future expenses in the past year 8.7 12.8 22.0 Saved for emergencies in the past year 14.5 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.8 7.7 7.8 Loan from family or friends in the past year 19.2 28.2 22.8 Loan from an informal private lender in the past year 2.4 1.5 1.5 Outstanding loan to purchase a home 8.1 1.8 4.0 Outstanding loan for home construction 5.1 4.7 4.9 Outstanding loan to pay school fees 3.8 1.7 3.8 Outstanding loan for health or emergencies 4.3 3.6 6.6 Outstanding loan for funerals or weddings 0.7 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 6.8 4.5 31.3 90 2012 The Little Data Book on Financial Inclusion Middle East & North Africa Lebanon Upper middle income Population (millions) 4.2 GNI per capita ($) 8,880 Middle Upper Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 37.0 17.7 57.2 Male adults (%, age 15+) 49.4 23.1 61.4 Female adults (%, age 15+) 25.9 12.5 53.1 Young adults (%, ages 15–24) 22.7 12.3 51.7 Older adults (%, age 25+) 41.2 20.3 58.2 Adults with a primary education or less (%, age 15+) 23.2 13.1 47.5 Adults with a secondary education or more (%, age 15+) 44.6 23.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 23.2 8.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 46.5 17.3 67.6 Adults living in a rural area (%, age 15+) 29.8 10.5 51.7 Adults living in an urban area (%, age 15+) 39.1 17.9 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.6 19.1 11.8 0 deposits in a typical month (% with an account) 8.1 30.8 18.1 1–2 deposits in a typical month (% with an account) 74.2 50.8 64.9 3+ deposits in a typical month (% with an account) 15.5 14.6 9.6 0 withdrawals in a typical month (% with an account) 17.5 24.4 17.6 1–2 withdrawals in a typical month (% with an account) 49.1 50.2 54.7 3+ withdrawals in a typical month (% with an account) 30.7 19.3 19.2 ATM is the main mode of deposit (% with an account) 1.1 6.0 17.7 Bank teller is the main mode of deposit (% with an account) 88.5 66.6 66.4 Bank agent is the main mode of deposit (% with an account) 0.8 4.2 1.2 ATM is the main mode of withdrawal (% with an account) 50.1 37.6 46.1 Bank teller is the main mode of withdrawal (% with an account) 43.7 51.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.2 1.2 0.7 Has debit card 21.4 9.1 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 11.2 4.7 4.0 Use an account to receive wages 16.9 6.0 21.3 Use an account to receive government payments 1.9 3.1 9.0 Use an account to receive remittances 5.9 2.7 8.0 Use an account to send remittances 2.3 2.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 1.0 1.7 Use a mobile phone to send money 0.0 1.3 0.9 Use a mobile phone to receive money 0.2 2.4 1.1 Savings (%, age 15+) Saved any money in the past year 30.8 20.0 33.7 Saved at a formal financial institution in the past year 17.1 4.5 24.2 Saved using a savings club in the past year 2.8 3.6 2.8 Saved for future expenses in the past year 19.6 13.9 22.0 Saved for emergencies in the past year 25.0 15.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.3 5.1 7.8 Loan from family or friends in the past year 12.0 31.1 22.8 Loan from an informal private lender in the past year 2.2 4.7 1.5 Outstanding loan to purchase a home 5.9 4.5 4.0 Outstanding loan for home construction 7.7 7.7 4.9 Outstanding loan to pay school fees 16.6 5.8 3.8 Outstanding loan for health or emergencies 7.9 15.7 6.6 Outstanding loan for funerals or weddings 1.3 5.5 1.2 Insurance (%, age 15+) Personally paid for health insurance 7.9 2.5 31.3 The Little Data Book on Financial Inclusion 2012 91 Lesotho Sub-Saharan Africa Lower middle income Population (millions) 2.2 GNI per capita ($) 1,040 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 18.5 24.1 28.4 Male adults (%, age 15+) 20.2 26.7 33.9 Female adults (%, age 15+) 16.9 21.4 22.9 Young adults (%, ages 15–24) 13.9 16.8 21.5 Older adults (%, age 25+) 20.0 27.7 31.2 Adults with a primary education or less (%, age 15+) 10.6 14.0 20.8 Adults with a secondary education or more (%, age 15+) 33.8 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 8.2 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 25.8 31.9 36.3 Adults living in a rural area (%, age 15+) 14.5 20.7 25.3 Adults living in an urban area (%, age 15+) 36.2 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 3.8 6.8 0 deposits in a typical month (% with an account) 6.2 6.3 11.6 1–2 deposits in a typical month (% with an account) 69.8 69.5 70.9 3+ deposits in a typical month (% with an account) 23.9 21.9 11.8 0 withdrawals in a typical month (% with an account) 5.8 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 67.1 63.3 64.4 3+ withdrawals in a typical month (% with an account) 27.1 23.0 15.1 ATM is the main mode of deposit (% with an account) 12.8 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 83.0 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 0.2 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 70.1 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 28.2 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.7 2.5 3.0 Has debit card 14.5 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.7 5.3 4.1 Use an account to receive wages 6.6 9.9 8.5 Use an account to receive government payments 6.1 5.7 3.9 Use an account to receive remittances 9.8 9.1 3.7 Use an account to send remittances 5.5 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.6 3.0 2.0 Use a mobile phone to send money 5.7 11.2 2.4 Use a mobile phone to receive money 6.7 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 26.2 40.2 27.6 Saved at a formal financial institution in the past year 7.9 14.2 11.1 Saved using a savings club in the past year 15.8 19.3 7.2 Saved for future expenses in the past year 11.9 26.0 19.9 Saved for emergencies in the past year 17.0 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.0 4.7 7.3 Loan from family or friends in the past year 50.8 39.9 26.6 Loan from an informal private lender in the past year 5.7 5.4 5.3 Outstanding loan to purchase a home 1.0 2.0 2.2 Outstanding loan for home construction 1.6 4.4 4.7 Outstanding loan to pay school fees 11.3 9.0 6.8 Outstanding loan for health or emergencies 12.8 15.1 14.8 Outstanding loan for funerals or weddings 3.7 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 2.3 3.2 5.1 92 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Lithuania Upper middle income Population (millions) 3.3 GNI per capita ($) 11,510 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 73.8 44.9 57.2 Male adults (%, age 15+) 71.0 49.9 61.4 Female adults (%, age 15+) 76.1 40.0 53.1 Young adults (%, ages 15–24) 44.0 31.9 51.7 Older adults (%, age 25+) 79.9 48.4 58.2 Adults with a primary education or less (%, age 15+) 47.4 25.6 47.5 Adults with a secondary education or more (%, age 15+) 77.8 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 66.8 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 78.4 51.1 67.6 Adults living in a rural area (%, age 15+) 73.1 41.6 51.7 Adults living in an urban area (%, age 15+) 74.8 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.0 4.0 11.8 0 deposits in a typical month (% with an account) 4.8 6.5 18.1 1–2 deposits in a typical month (% with an account) 82.3 80.8 64.9 3+ deposits in a typical month (% with an account) 6.8 5.4 9.6 0 withdrawals in a typical month (% with an account) 5.8 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 43.3 61.8 54.7 3+ withdrawals in a typical month (% with an account) 42.1 22.5 19.2 ATM is the main mode of deposit (% with an account) 10.1 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 38.7 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 2.2 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 83.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 8.8 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.2 1.0 0.7 Has debit card 61.3 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.0 5.3 4.0 Use an account to receive wages 40.1 27.3 21.3 Use an account to receive government payments 28.6 11.0 9.0 Use an account to receive remittances 11.3 4.8 8.0 Use an account to send remittances 7.7 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 3.0 1.7 Use a mobile phone to send money 0.2 2.5 0.9 Use a mobile phone to receive money 0.5 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 32.7 20.4 33.7 Saved at a formal financial institution in the past year 20.5 7.0 24.2 Saved using a savings club in the past year 4.3 1.3 2.8 Saved for future expenses in the past year 14.9 12.8 22.0 Saved for emergencies in the past year 29.7 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 5.6 7.7 7.8 Loan from family or friends in the past year 25.4 28.2 22.8 Loan from an informal private lender in the past year 3.7 1.5 1.5 Outstanding loan to purchase a home 5.6 1.8 4.0 Outstanding loan for home construction 4.7 4.7 4.9 Outstanding loan to pay school fees 2.0 1.7 3.8 Outstanding loan for health or emergencies 2.9 3.6 6.6 Outstanding loan for funerals or weddings 1.0 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 14.6 4.5 31.3 The Little Data Book on Financial Inclusion 2012 93 Luxembourg High income Population (thousands) 507 GNI per capita ($) 76,980 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 94.6 89.4 Male adults (%, age 15+) 93.7 91.7 Female adults (%, age 15+) 95.3 87.3 Young adults (%, ages 15–24) 84.0 76.8 Older adults (%, age 25+) 96.9 92.2 Adults with a primary education or less (%, age 15+) 88.9 72.9 Adults with a secondary education or more (%, age 15+) 95.8 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 95.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 94.3 92.1 Adults living in a rural area (%, age 15+) 96.8 87.0 Adults living in an urban area (%, age 15+) 89.1 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.3 2.1 0 deposits in a typical month (% with an account) 2.9 6.4 1–2 deposits in a typical month (% with an account) 67.4 56.1 3+ deposits in a typical month (% with an account) 24.2 34.0 0 withdrawals in a typical month (% with an account) 2.9 3.9 1–2 withdrawals in a typical month (% with an account) 18.9 18.8 3+ withdrawals in a typical month (% with an account) 70.7 71.7 ATM is the main mode of deposit (% with an account) 11.0 26.2 Bank teller is the main mode of deposit (% with an account) 71.3 53.7 Bank agent is the main mode of deposit (% with an account) 1.2 3.0 ATM is the main mode of withdrawal (% with an account) 67.9 68.7 Bank teller is the main mode of withdrawal (% with an account) 26.1 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.2 0.8 Has debit card 73.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 32.9 24.4 Use an account to receive wages 40.4 49.5 Use an account to receive government payments 36.7 42.0 Use an account to receive remittances 11.1 13.2 Use an account to send remittances 15.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 71.5 58.3 Saved at a formal financial institution in the past year 52.0 44.6 Saved using a savings club in the past year 7.9 5.4 Saved for future expenses in the past year 47.9 37.4 Saved for emergencies in the past year 51.6 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 17.4 13.8 Loan from family or friends in the past year 5.7 12.3 Loan from an informal private lender in the past year 1.5 2.3 Outstanding loan to purchase a home 34.1 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 94 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Macedonia, FYR Upper middle income Population (millions) 2.1 GNI per capita ($) 4,570 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 73.7 44.9 57.2 Male adults (%, age 15+) 75.9 49.9 61.4 Female adults (%, age 15+) 71.5 40.0 53.1 Young adults (%, ages 15–24) 70.7 31.9 51.7 Older adults (%, age 25+) 74.5 48.4 58.2 Adults with a primary education or less (%, age 15+) 63.9 25.6 47.5 Adults with a secondary education or more (%, age 15+) 82.9 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 72.2 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 74.7 51.1 67.6 Adults living in a rural area (%, age 15+) 72.6 41.6 51.7 Adults living in an urban area (%, age 15+) 74.7 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.7 4.0 11.8 0 deposits in a typical month (% with an account) 9.8 6.5 18.1 1–2 deposits in a typical month (% with an account) 71.0 80.8 64.9 3+ deposits in a typical month (% with an account) 6.9 5.4 9.6 0 withdrawals in a typical month (% with an account) 7.8 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 52.4 61.8 54.7 3+ withdrawals in a typical month (% with an account) 26.4 22.5 19.2 ATM is the main mode of deposit (% with an account) 3.4 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 56.5 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 2.4 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 33.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 45.4 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 2.3 1.0 0.7 Has debit card 36.3 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 11.0 5.3 4.0 Use an account to receive wages 32.8 27.3 21.3 Use an account to receive government payments 8.6 11.0 9.0 Use an account to receive remittances 5.9 4.8 8.0 Use an account to send remittances 3.3 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 12.9 3.0 1.7 Use a mobile phone to send money 4.8 2.5 0.9 Use a mobile phone to receive money 6.8 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 21.7 20.4 33.7 Saved at a formal financial institution in the past year 7.8 7.0 24.2 Saved using a savings club in the past year 1.2 1.3 2.8 Saved for future expenses in the past year 15.4 12.8 22.0 Saved for emergencies in the past year 16.1 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.6 7.7 7.8 Loan from family or friends in the past year 23.6 28.2 22.8 Loan from an informal private lender in the past year 2.7 1.5 1.5 Outstanding loan to purchase a home 3.9 1.8 4.0 Outstanding loan for home construction 7.0 4.7 4.9 Outstanding loan to pay school fees 5.2 1.7 3.8 Outstanding loan for health or emergencies 12.0 3.6 6.6 Outstanding loan for funerals or weddings 4.3 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 5.6 4.5 31.3 The Little Data Book on Financial Inclusion 2012 95 Madagascar Sub-Saharan Africa Low income Population (millions) 20.7 GNI per capita ($) 430 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 5.5 24.1 23.7 Male adults (%, age 15+) 6.5 26.7 27.0 Female adults (%, age 15+) 4.6 21.4 20.5 Young adults (%, ages 15–24) 3.8 16.8 15.6 Older adults (%, age 25+) 6.2 27.7 28.2 Adults with a primary education or less (%, age 15+) 1.7 14.0 16.2 Adults with a secondary education or more (%, age 15+) 15.8 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 0.9 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 9.6 31.9 29.4 Adults living in a rural area (%, age 15+) 4.3 20.7 22.0 Adults living in an urban area (%, age 15+) 9.7 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.9 3.8 5.4 0 deposits in a typical month (% with an account) 7.3 6.3 8.3 1–2 deposits in a typical month (% with an account) 84.1 69.5 64.7 3+ deposits in a typical month (% with an account) 8.6 21.9 23.1 0 withdrawals in a typical month (% with an account) 15.1 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 69.1 63.3 59.1 3+ withdrawals in a typical month (% with an account) 15.8 23.0 16.1 ATM is the main mode of deposit (% with an account) 7.4 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 91.7 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 0.9 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 11.5 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 84.6 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.9 2.5 5.4 Has debit card 0.9 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.8 5.3 4.6 Use an account to receive wages 3.2 9.9 5.9 Use an account to receive government payments 1.2 5.7 2.5 Use an account to receive remittances 1.2 9.1 4.7 Use an account to send remittances 1.0 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 3.0 2.6 Use a mobile phone to send money 0.8 11.2 7.1 Use a mobile phone to receive money 0.7 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 19.7 40.2 29.9 Saved at a formal financial institution in the past year 1.4 14.2 11.5 Saved using a savings club in the past year 0.3 19.3 8.2 Saved for future expenses in the past year 10.2 26.0 20.3 Saved for emergencies in the past year 17.0 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.3 4.7 11.4 Loan from family or friends in the past year 57.7 39.9 30.2 Loan from an informal private lender in the past year 0.6 5.4 7.0 Outstanding loan to purchase a home 0.8 2.0 2.4 Outstanding loan for home construction 2.3 4.4 6.3 Outstanding loan to pay school fees 5.4 9.0 6.9 Outstanding loan for health or emergencies 38.0 15.1 16.1 Outstanding loan for funerals or weddings 4.1 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.3 3.2 2.2 96 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Malawi Low income Population (millions) 14.9 GNI per capita ($) 330 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 16.5 24.1 23.7 Male adults (%, age 15+) 16.2 26.7 27.0 Female adults (%, age 15+) 16.9 21.4 20.5 Young adults (%, ages 15–24) 10.3 16.8 15.6 Older adults (%, age 25+) 20.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 11.9 14.0 16.2 Adults with a secondary education or more (%, age 15+) 36.3 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) .. 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) .. 31.9 29.4 Adults living in a rural area (%, age 15+) 15.2 20.7 22.0 Adults living in an urban area (%, age 15+) 30.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.1 3.8 5.4 0 deposits in a typical month (% with an account) 8.6 6.3 8.3 1–2 deposits in a typical month (% with an account) 74.0 69.5 64.7 3+ deposits in a typical month (% with an account) 17.4 21.9 23.1 0 withdrawals in a typical month (% with an account) 9.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 64.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 26.1 23.0 16.1 ATM is the main mode of deposit (% with an account) 0.4 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 92.6 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 3.3 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 39.2 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 55.5 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.5 2.5 5.4 Has debit card 9.4 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.2 5.3 4.6 Use an account to receive wages 6.4 9.9 5.9 Use an account to receive government payments 3.6 5.7 2.5 Use an account to receive remittances 7.0 9.1 4.7 Use an account to send remittances 4.9 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 3.0 2.6 Use a mobile phone to send money 0.5 11.2 7.1 Use a mobile phone to receive money 0.7 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 33.0 40.2 29.9 Saved at a formal financial institution in the past year 8.2 14.2 11.5 Saved using a savings club in the past year 9.9 19.3 8.2 Saved for future expenses in the past year 22.0 26.0 20.3 Saved for emergencies in the past year 18.6 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.2 4.7 11.4 Loan from family or friends in the past year 44.0 39.9 30.2 Loan from an informal private lender in the past year 5.3 5.4 7.0 Outstanding loan to purchase a home 5.3 2.0 2.4 Outstanding loan for home construction 6.6 4.4 6.3 Outstanding loan to pay school fees 9.0 9.0 6.9 Outstanding loan for health or emergencies 15.3 15.1 16.1 Outstanding loan for funerals or weddings 7.2 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.5 3.2 2.2 The Little Data Book on Financial Inclusion 2012 97 Malaysia East Asia & Pacific Upper middle income Population (millions) 28.4 GNI per capita ($) 7,760 East Upper Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 66.2 54.9 57.2 Male adults (%, age 15+) 69.2 57.6 61.4 Female adults (%, age 15+) 63.1 52.3 53.1 Young adults (%, ages 15–24) 57.1 52.1 51.7 Older adults (%, age 25+) 70.2 54.9 58.2 Adults with a primary education or less (%, age 15+) 39.7 46.5 47.5 Adults with a secondary education or more (%, age 15+) 74.1 71.0 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 50.1 39.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 76.9 65.6 67.6 Adults living in a rural area (%, age 15+) 51.8 49.5 51.7 Adults living in an urban area (%, age 15+) 77.6 70.8 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.3 13.2 11.8 0 deposits in a typical month (% with an account) 11.0 19.1 18.1 1–2 deposits in a typical month (% with an account) 69.8 64.6 64.9 3+ deposits in a typical month (% with an account) 11.6 7.8 9.6 0 withdrawals in a typical month (% with an account) 9.2 20.5 17.6 1–2 withdrawals in a typical month (% with an account) 46.6 55.0 54.7 3+ withdrawals in a typical month (% with an account) 37.0 14.3 19.2 ATM is the main mode of deposit (% with an account) 53.1 13.9 17.7 Bank teller is the main mode of deposit (% with an account) 38.0 76.4 66.4 Bank agent is the main mode of deposit (% with an account) 0.1 2.5 1.2 ATM is the main mode of withdrawal (% with an account) 77.1 39.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 17.2 55.9 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.1 1.3 0.7 Has debit card 23.1 34.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.5 3.2 4.0 Use an account to receive wages 26.3 16.9 21.3 Use an account to receive government payments 7.5 6.3 9.0 Use an account to receive remittances 9.6 8.8 8.0 Use an account to send remittances 9.9 7.1 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.4 1.3 1.7 Use a mobile phone to send money 0.5 1.0 0.9 Use a mobile phone to receive money 0.4 1.2 1.1 Savings (%, age 15+) Saved any money in the past year 51.0 39.8 33.7 Saved at a formal financial institution in the past year 35.4 28.4 24.2 Saved using a savings club in the past year 6.5 4.3 2.8 Saved for future expenses in the past year 34.9 28.2 22.0 Saved for emergencies in the past year 44.4 29.6 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.2 8.6 7.8 Loan from family or friends in the past year 19.9 27.2 22.8 Loan from an informal private lender in the past year 2.2 1.9 1.5 Outstanding loan to purchase a home 12.7 4.4 4.0 Outstanding loan for home construction 3.0 5.4 4.9 Outstanding loan to pay school fees 5.5 5.8 3.8 Outstanding loan for health or emergencies 10.0 9.7 6.6 Outstanding loan for funerals or weddings 2.2 1.8 1.2 Insurance (%, age 15+) Personally paid for health insurance 16.4 36.8 31.3 98 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Mali Low income Population (millions) 15.4 GNI per capita ($) 600 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 8.2 24.1 23.7 Male adults (%, age 15+) 9.6 26.7 27.0 Female adults (%, age 15+) 6.9 21.4 20.5 Young adults (%, ages 15–24) 4.9 16.8 15.6 Older adults (%, age 25+) 10.4 27.7 28.2 Adults with a primary education or less (%, age 15+) 6.1 14.0 16.2 Adults with a secondary education or more (%, age 15+) 20.5 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 4.8 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 10.8 31.9 29.4 Adults living in a rural area (%, age 15+) 7.3 20.7 22.0 Adults living in an urban area (%, age 15+) 17.7 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 9.0 3.8 5.4 0 deposits in a typical month (% with an account) 13.0 6.3 8.3 1–2 deposits in a typical month (% with an account) 68.5 69.5 64.7 3+ deposits in a typical month (% with an account) 17.6 21.9 23.1 0 withdrawals in a typical month (% with an account) 20.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 59.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 19.2 23.0 16.1 ATM is the main mode of deposit (% with an account) 1.5 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 78.0 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 13.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 4.2 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 73.6 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 13.5 2.5 5.4 Has debit card 1.8 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.8 5.3 4.6 Use an account to receive wages 3.1 9.9 5.9 Use an account to receive government payments 1.7 5.7 2.5 Use an account to receive remittances 1.5 9.1 4.7 Use an account to send remittances 1.1 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 3.0 2.6 Use a mobile phone to send money 0.3 11.2 7.1 Use a mobile phone to receive money 1.0 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 37.4 40.2 29.9 Saved at a formal financial institution in the past year 4.5 14.2 11.5 Saved using a savings club in the past year 12.3 19.3 8.2 Saved for future expenses in the past year 25.0 26.0 20.3 Saved for emergencies in the past year 18.9 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.7 4.7 11.4 Loan from family or friends in the past year 24.1 39.9 30.2 Loan from an informal private lender in the past year 2.5 5.4 7.0 Outstanding loan to purchase a home 0.6 2.0 2.4 Outstanding loan for home construction 1.9 4.4 6.3 Outstanding loan to pay school fees 8.1 9.0 6.9 Outstanding loan for health or emergencies 17.9 15.1 16.1 Outstanding loan for funerals or weddings 7.1 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 1.0 3.2 2.2 The Little Data Book on Financial Inclusion 2012 99 Malta High income Population (thousands) 416 GNI per capita ($) 19,130 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 95.3 89.4 Male adults (%, age 15+) 96.6 91.7 Female adults (%, age 15+) 94.1 87.3 Young adults (%, ages 15–24) 88.7 76.8 Older adults (%, age 25+) 96.5 92.2 Adults with a primary education or less (%, age 15+) 92.3 72.9 Adults with a secondary education or more (%, age 15+) 95.8 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 94.3 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 95.9 92.1 Adults living in a rural area (%, age 15+) 95.0 87.0 Adults living in an urban area (%, age 15+) 95.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.4 2.1 0 deposits in a typical month (% with an account) 12.7 6.4 1–2 deposits in a typical month (% with an account) 73.1 56.1 3+ deposits in a typical month (% with an account) 8.8 34.0 0 withdrawals in a typical month (% with an account) 8.6 3.9 1–2 withdrawals in a typical month (% with an account) 28.2 18.8 3+ withdrawals in a typical month (% with an account) 53.6 71.7 ATM is the main mode of deposit (% with an account) 33.7 26.2 Bank teller is the main mode of deposit (% with an account) 36.0 53.7 Bank agent is the main mode of deposit (% with an account) 3.4 3.0 ATM is the main mode of withdrawal (% with an account) 71.3 68.7 Bank teller is the main mode of withdrawal (% with an account) 22.2 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.3 0.8 Has debit card 71.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.2 24.4 Use an account to receive wages 46.0 49.5 Use an account to receive government payments 55.9 42.0 Use an account to receive remittances 2.6 13.2 Use an account to send remittances 1.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 52.1 58.3 Saved at a formal financial institution in the past year 44.8 44.6 Saved using a savings club in the past year 2.6 5.4 Saved for future expenses in the past year 29.0 37.4 Saved for emergencies in the past year 40.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.0 13.8 Loan from family or friends in the past year 5.0 12.3 Loan from an informal private lender in the past year 0.1 2.3 Outstanding loan to purchase a home 18.4 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 100 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Mauritania Lower middle income Population (millions) 3.5 GNI per capita ($) 1,030 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 17.5 24.1 28.4 Male adults (%, age 15+) 23.3 26.7 33.9 Female adults (%, age 15+) 12.1 21.4 22.9 Young adults (%, ages 15–24) 10.7 16.8 21.5 Older adults (%, age 25+) 21.2 27.7 31.2 Adults with a primary education or less (%, age 15+) 10.6 14.0 20.8 Adults with a secondary education or more (%, age 15+) 32.1 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 7.0 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 26.4 31.9 36.3 Adults living in a rural area (%, age 15+) 16.7 20.7 25.3 Adults living in an urban area (%, age 15+) 18.9 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 3.8 6.8 0 deposits in a typical month (% with an account) 7.1 6.3 11.6 1–2 deposits in a typical month (% with an account) 62.1 69.5 70.9 3+ deposits in a typical month (% with an account) 26.3 21.9 11.8 0 withdrawals in a typical month (% with an account) 9.8 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 59.9 63.3 64.4 3+ withdrawals in a typical month (% with an account) 25.6 23.0 15.1 ATM is the main mode of deposit (% with an account) 3.8 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 74.3 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 8.4 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 6.5 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 70.6 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 11.0 2.5 3.0 Has debit card 6.3 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.5 5.3 4.1 Use an account to receive wages 7.6 9.9 8.5 Use an account to receive government payments 8.1 5.7 3.9 Use an account to receive remittances 3.8 9.1 3.7 Use an account to send remittances 6.1 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 7.5 3.0 2.0 Use a mobile phone to send money 7.1 11.2 2.4 Use a mobile phone to receive money 16.0 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 22.9 40.2 27.6 Saved at a formal financial institution in the past year 6.4 14.2 11.1 Saved using a savings club in the past year 4.5 19.3 7.2 Saved for future expenses in the past year 17.0 26.0 19.9 Saved for emergencies in the past year 13.7 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.9 4.7 7.3 Loan from family or friends in the past year 34.5 39.9 26.6 Loan from an informal private lender in the past year 10.9 5.4 5.3 Outstanding loan to purchase a home 5.3 2.0 2.2 Outstanding loan for home construction 11.5 4.4 4.7 Outstanding loan to pay school fees 16.5 9.0 6.8 Outstanding loan for health or emergencies 23.8 15.1 14.8 Outstanding loan for funerals or weddings 16.3 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 2.0 3.2 5.1 The Little Data Book on Financial Inclusion 2012 101 Mauritius Sub-Saharan Africa Upper middle income Population (millions) 1.3 GNI per capita ($) 7,750 Sub- Upper Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 80.1 24.1 57.2 Male adults (%, age 15+) 85.8 26.7 61.4 Female adults (%, age 15+) 74.7 21.4 53.1 Young adults (%, ages 15–24) 73.1 16.8 51.7 Older adults (%, age 25+) 81.7 27.7 58.2 Adults with a primary education or less (%, age 15+) 73.8 14.0 47.5 Adults with a secondary education or more (%, age 15+) 86.0 36.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 69.9 13.9 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 87.1 31.9 67.6 Adults living in a rural area (%, age 15+) 81.7 20.7 51.7 Adults living in an urban area (%, age 15+) 77.8 39.7 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.5 3.8 11.8 0 deposits in a typical month (% with an account) 9.8 6.3 18.1 1–2 deposits in a typical month (% with an account) 80.0 69.5 64.9 3+ deposits in a typical month (% with an account) 8.3 21.9 9.6 0 withdrawals in a typical month (% with an account) 8.8 11.7 17.6 1–2 withdrawals in a typical month (% with an account) 49.0 63.3 54.7 3+ withdrawals in a typical month (% with an account) 40.3 23.0 19.2 ATM is the main mode of deposit (% with an account) 8.9 6.6 17.7 Bank teller is the main mode of deposit (% with an account) 75.1 84.0 66.4 Bank agent is the main mode of deposit (% with an account) 5.7 2.7 1.2 ATM is the main mode of withdrawal (% with an account) 56.7 42.0 46.1 Bank teller is the main mode of withdrawal (% with an account) 35.5 49.2 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.3 2.5 0.7 Has debit card 50.9 15.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.3 5.3 4.0 Use an account to receive wages 26.7 9.9 21.3 Use an account to receive government payments 21.8 5.7 9.0 Use an account to receive remittances 3.2 9.1 8.0 Use an account to send remittances 0.8 6.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 3.0 1.7 Use a mobile phone to send money 6.8 11.2 0.9 Use a mobile phone to receive money 7.3 14.5 1.1 Savings (%, age 15+) Saved any money in the past year 45.6 40.2 33.7 Saved at a formal financial institution in the past year 30.8 14.2 24.2 Saved using a savings club in the past year 6.4 19.3 2.8 Saved for future expenses in the past year 28.1 26.0 22.0 Saved for emergencies in the past year 39.0 31.3 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 14.3 4.7 7.8 Loan from family or friends in the past year 6.0 39.9 22.8 Loan from an informal private lender in the past year 0.2 5.4 1.5 Outstanding loan to purchase a home 4.5 2.0 4.0 Outstanding loan for home construction 10.2 4.4 4.9 Outstanding loan to pay school fees 3.2 9.0 3.8 Outstanding loan for health or emergencies 2.1 15.1 6.6 Outstanding loan for funerals or weddings 1.1 4.6 1.2 Insurance (%, age 15+) Personally paid for health insurance 9.8 3.2 31.3 102 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Mexico Upper middle income Population (millions) 113.4 GNI per capita ($) 8,890 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 27.4 39.2 57.2 Male adults (%, age 15+) 33.2 44.0 61.4 Female adults (%, age 15+) 22.0 34.7 53.1 Young adults (%, ages 15–24) 28.6 26.0 51.7 Older adults (%, age 25+) 26.0 43.6 58.2 Adults with a primary education or less (%, age 15+) 13.4 27.8 47.5 Adults with a secondary education or more (%, age 15+) 37.9 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 12.1 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 37.7 49.1 67.6 Adults living in a rural area (%, age 15+) 10.9 33.6 51.7 Adults living in an urban area (%, age 15+) 36.7 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 10.3 6.0 11.8 0 deposits in a typical month (% with an account) 21.0 13.0 18.1 1–2 deposits in a typical month (% with an account) 42.6 63.3 64.9 3+ deposits in a typical month (% with an account) 28.7 17.7 9.6 0 withdrawals in a typical month (% with an account) 17.6 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 37.0 53.1 54.7 3+ withdrawals in a typical month (% with an account) 37.7 30.8 19.2 ATM is the main mode of deposit (% with an account) 10.5 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 79.5 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 0.1 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 57.4 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 32.6 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.2 0.8 0.7 Has debit card 22.3 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.5 5.2 4.0 Use an account to receive wages 14.1 20.3 21.3 Use an account to receive government payments 4.1 10.4 9.0 Use an account to receive remittances 5.2 4.2 8.0 Use an account to send remittances 3.1 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.9 1.8 1.7 Use a mobile phone to send money 1.5 0.8 0.9 Use a mobile phone to receive money 3.1 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 27.1 25.7 33.7 Saved at a formal financial institution in the past year 6.7 9.5 24.2 Saved using a savings club in the past year 5.4 3.7 2.8 Saved for future expenses in the past year 13.6 13.1 22.0 Saved for emergencies in the past year 18.3 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.6 7.8 7.8 Loan from family or friends in the past year 14.8 14.2 22.8 Loan from an informal private lender in the past year 2.9 2.3 1.5 Outstanding loan to purchase a home 2.7 1.8 4.0 Outstanding loan for home construction 6.2 4.2 4.9 Outstanding loan to pay school fees 8.6 4.6 3.8 Outstanding loan for health or emergencies 15.0 8.2 6.6 Outstanding loan for funerals or weddings 3.3 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 8.5 6.8 31.3 The Little Data Book on Financial Inclusion 2012 103 Moldova Europe & Central Asia Lower middle income Population (millions) 3.6 GNI per capita ($) 1,810 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 18.1 44.9 28.4 Male adults (%, age 15+) 19.1 49.9 33.9 Female adults (%, age 15+) 17.2 40.0 22.9 Young adults (%, ages 15–24) 17.4 31.9 21.5 Older adults (%, age 25+) 18.0 48.4 31.2 Adults with a primary education or less (%, age 15+) 4.0 25.6 20.8 Adults with a secondary education or more (%, age 15+) 22.2 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 9.7 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 23.9 51.1 36.3 Adults living in a rural area (%, age 15+) 14.9 41.6 25.3 Adults living in an urban area (%, age 15+) 30.0 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.9 4.0 6.8 0 deposits in a typical month (% with an account) 18.0 6.5 11.6 1–2 deposits in a typical month (% with an account) 67.1 80.8 70.9 3+ deposits in a typical month (% with an account) 4.0 5.4 11.8 0 withdrawals in a typical month (% with an account) 11.1 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 58.5 61.8 64.4 3+ withdrawals in a typical month (% with an account) 20.0 22.5 15.1 ATM is the main mode of deposit (% with an account) 7.0 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 36.5 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 3.2 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 69.6 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 22.7 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.4 1.0 3.0 Has debit card 16.0 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.2 5.3 4.1 Use an account to receive wages 8.9 27.3 8.5 Use an account to receive government payments 6.4 11.0 3.9 Use an account to receive remittances 2.4 4.8 3.7 Use an account to send remittances 0.7 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.9 3.0 2.0 Use a mobile phone to send money 2.3 2.5 2.4 Use a mobile phone to receive money 4.2 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 22.2 20.4 27.6 Saved at a formal financial institution in the past year 3.5 7.0 11.1 Saved using a savings club in the past year 2.4 1.3 7.2 Saved for future expenses in the past year 13.9 12.8 19.9 Saved for emergencies in the past year 16.5 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.4 7.7 7.3 Loan from family or friends in the past year 42.1 28.2 26.6 Loan from an informal private lender in the past year 3.8 1.5 5.3 Outstanding loan to purchase a home 0.6 1.8 2.2 Outstanding loan for home construction 7.8 4.7 4.7 Outstanding loan to pay school fees 4.8 1.7 6.8 Outstanding loan for health or emergencies 18.0 3.6 14.8 Outstanding loan for funerals or weddings 2.7 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.6 4.5 5.1 104 2012 The Little Data Book on Financial Inclusion East Asia & Pacific Mongolia Lower middle income Population (millions) 2.8 GNI per capita ($) 1,870 East Lower Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 77.7 54.9 28.4 Male adults (%, age 15+) 72.8 57.6 33.9 Female adults (%, age 15+) 82.4 52.3 22.9 Young adults (%, ages 15–24) 73.4 52.1 21.5 Older adults (%, age 25+) 79.2 54.9 31.2 Adults with a primary education or less (%, age 15+) 53.6 46.5 20.8 Adults with a secondary education or more (%, age 15+) 85.8 71.0 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 71.0 39.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 83.6 65.6 36.3 Adults living in a rural area (%, age 15+) 77.1 49.5 25.3 Adults living in an urban area (%, age 15+) 78.7 70.8 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.9 13.2 6.8 0 deposits in a typical month (% with an account) 1.9 19.1 11.6 1–2 deposits in a typical month (% with an account) 68.6 64.6 70.9 3+ deposits in a typical month (% with an account) 26.9 7.8 11.8 0 withdrawals in a typical month (% with an account) 3.6 20.5 13.7 1–2 withdrawals in a typical month (% with an account) 53.4 55.0 64.4 3+ withdrawals in a typical month (% with an account) 38.6 14.3 15.1 ATM is the main mode of deposit (% with an account) 0.0 13.9 4.5 Bank teller is the main mode of deposit (% with an account) 89.7 76.4 80.2 Bank agent is the main mode of deposit (% with an account) 1.1 2.5 4.0 ATM is the main mode of withdrawal (% with an account) 45.8 39.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 51.0 55.9 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.8 1.3 3.0 Has debit card 60.6 34.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 11.5 3.2 4.1 Use an account to receive wages 29.4 16.9 8.5 Use an account to receive government payments 49.4 6.3 3.9 Use an account to receive remittances 41.0 8.8 3.7 Use an account to send remittances 36.6 7.1 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.6 1.3 2.0 Use a mobile phone to send money 6.9 1.0 2.4 Use a mobile phone to receive money 5.0 1.2 3.8 Savings (%, age 15+) Saved any money in the past year 33.5 39.8 27.6 Saved at a formal financial institution in the past year 23.2 28.4 11.1 Saved using a savings club in the past year 2.5 4.3 7.2 Saved for future expenses in the past year 24.3 28.2 19.9 Saved for emergencies in the past year 21.4 29.6 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 24.8 8.6 7.3 Loan from family or friends in the past year 15.6 27.2 26.6 Loan from an informal private lender in the past year 5.0 1.9 5.3 Outstanding loan to purchase a home 3.0 4.4 2.2 Outstanding loan for home construction 6.1 5.4 4.7 Outstanding loan to pay school fees 7.0 5.8 6.8 Outstanding loan for health or emergencies 9.0 9.7 14.8 Outstanding loan for funerals or weddings 1.7 1.8 3.9 Insurance (%, age 15+) Personally paid for health insurance 3.2 36.8 5.1 The Little Data Book on Financial Inclusion 2012 105 Montenegro Europe & Central Asia Upper middle income Population (thousands) 632 GNI per capita ($) 6,740 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 50.4 44.9 57.2 Male adults (%, age 15+) 52.2 49.9 61.4 Female adults (%, age 15+) 48.9 40.0 53.1 Young adults (%, ages 15–24) 29.0 31.9 51.7 Older adults (%, age 25+) 55.8 48.4 58.2 Adults with a primary education or less (%, age 15+) 28.7 25.6 47.5 Adults with a secondary education or more (%, age 15+) 61.1 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 36.8 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 62.4 51.1 67.6 Adults living in a rural area (%, age 15+) 48.8 41.6 51.7 Adults living in an urban area (%, age 15+) 54.2 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 4.0 11.8 0 deposits in a typical month (% with an account) 0.0 6.5 18.1 1–2 deposits in a typical month (% with an account) 92.4 80.8 64.9 3+ deposits in a typical month (% with an account) 6.0 5.4 9.6 0 withdrawals in a typical month (% with an account) 2.9 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 68.4 61.8 54.7 3+ withdrawals in a typical month (% with an account) 25.8 22.5 19.2 ATM is the main mode of deposit (% with an account) 2.9 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 71.3 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.4 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 35.9 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 60.1 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 1.2 1.0 0.7 Has debit card 22.0 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 13.3 5.3 4.0 Use an account to receive wages 30.4 27.3 21.3 Use an account to receive government payments 18.8 11.0 9.0 Use an account to receive remittances 5.0 4.8 8.0 Use an account to send remittances 4.2 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.9 3.0 1.7 Use a mobile phone to send money 2.0 2.5 0.9 Use a mobile phone to receive money 1.9 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 9.0 20.4 33.7 Saved at a formal financial institution in the past year 3.4 7.0 24.2 Saved using a savings club in the past year 2.4 1.3 2.8 Saved for future expenses in the past year 5.5 12.8 22.0 Saved for emergencies in the past year 5.8 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 21.8 7.7 7.8 Loan from family or friends in the past year 35.3 28.2 22.8 Loan from an informal private lender in the past year 2.7 1.5 1.5 Outstanding loan to purchase a home 4.5 1.8 4.0 Outstanding loan for home construction 15.1 4.7 4.9 Outstanding loan to pay school fees 8.5 1.7 3.8 Outstanding loan for health or emergencies 9.0 3.6 6.6 Outstanding loan for funerals or weddings 4.3 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.9 4.5 31.3 106 2012 The Little Data Book on Financial Inclusion Middle East & North Africa Morocco Lower middle income Population (millions) 32.0 GNI per capita ($) 2,850 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 39.1 17.7 28.4 Male adults (%, age 15+) 52.0 23.1 33.9 Female adults (%, age 15+) 26.7 12.5 22.9 Young adults (%, ages 15–24) 27.8 12.3 21.5 Older adults (%, age 25+) 44.5 20.3 31.2 Adults with a primary education or less (%, age 15+) 31.6 13.1 20.8 Adults with a secondary education or more (%, age 15+) 51.6 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) .. 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) .. 17.3 36.3 Adults living in a rural area (%, age 15+) .. 10.5 25.3 Adults living in an urban area (%, age 15+) .. 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 23.8 19.1 6.8 0 deposits in a typical month (% with an account) 33.0 30.8 11.6 1–2 deposits in a typical month (% with an account) 39.5 50.8 70.9 3+ deposits in a typical month (% with an account) 26.0 14.6 11.8 0 withdrawals in a typical month (% with an account) 28.3 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 29.2 50.2 64.4 3+ withdrawals in a typical month (% with an account) 41.5 19.3 15.1 ATM is the main mode of deposit (% with an account) 3.2 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 56.3 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 1.6 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 27.0 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 43.2 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.6 1.2 3.0 Has debit card 22.4 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 13.9 4.7 4.1 Use an account to receive wages 24.2 6.0 8.5 Use an account to receive government payments 5.1 3.1 3.9 Use an account to receive remittances 10.1 2.7 3.7 Use an account to send remittances 10.3 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.8 1.0 2.0 Use a mobile phone to send money 5.1 1.3 2.4 Use a mobile phone to receive money 7.0 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 30.5 20.0 27.6 Saved at a formal financial institution in the past year 12.2 4.5 11.1 Saved using a savings club in the past year 9.3 3.6 7.2 Saved for future expenses in the past year 16.1 13.9 19.9 Saved for emergencies in the past year 19.2 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.3 5.1 7.3 Loan from family or friends in the past year 40.9 31.1 26.6 Loan from an informal private lender in the past year 1.9 4.7 5.3 Outstanding loan to purchase a home 4.8 4.5 2.2 Outstanding loan for home construction 3.2 7.7 4.7 Outstanding loan to pay school fees 3.7 5.8 6.8 Outstanding loan for health or emergencies 9.0 15.7 14.8 Outstanding loan for funerals or weddings 2.9 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 4.5 2.5 5.1 The Little Data Book on Financial Inclusion 2012 107 Mozambique Sub-Saharan Africa Low income Population (millions) 23.4 GNI per capita ($) 440 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 39.9 24.1 23.7 Male adults (%, age 15+) 45.0 26.7 27.0 Female adults (%, age 15+) 35.5 21.4 20.5 Young adults (%, ages 15–24) 24.9 16.8 15.6 Older adults (%, age 25+) 47.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 23.7 14.0 16.2 Adults with a secondary education or more (%, age 15+) 54.7 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 26.0 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 49.9 31.9 29.4 Adults living in a rural area (%, age 15+) 40.1 20.7 22.0 Adults living in an urban area (%, age 15+) 39.3 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.1 3.8 5.4 0 deposits in a typical month (% with an account) 0.3 6.3 8.3 1–2 deposits in a typical month (% with an account) 54.3 69.5 64.7 3+ deposits in a typical month (% with an account) 45.4 21.9 23.1 0 withdrawals in a typical month (% with an account) 1.9 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 44.8 63.3 59.1 3+ withdrawals in a typical month (% with an account) 53.4 23.0 16.1 ATM is the main mode of deposit (% with an account) 3.8 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 95.4 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 0.2 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 91.4 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 6.6 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.1 2.5 5.4 Has debit card 37.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.5 5.3 4.6 Use an account to receive wages 21.7 9.9 5.9 Use an account to receive government payments 6.2 5.7 2.5 Use an account to receive remittances 11.5 9.1 4.7 Use an account to send remittances 9.6 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 3.0 2.6 Use a mobile phone to send money 1.0 11.2 7.1 Use a mobile phone to receive money 1.4 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 42.6 40.2 29.9 Saved at a formal financial institution in the past year 17.5 14.2 11.5 Saved using a savings club in the past year 23.1 19.3 8.2 Saved for future expenses in the past year 32.8 26.0 20.3 Saved for emergencies in the past year 30.2 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 5.9 4.7 11.4 Loan from family or friends in the past year 35.3 39.9 30.2 Loan from an informal private lender in the past year 2.1 5.4 7.0 Outstanding loan to purchase a home 0.9 2.0 2.4 Outstanding loan for home construction 5.3 4.4 6.3 Outstanding loan to pay school fees 8.3 9.0 6.9 Outstanding loan for health or emergencies 14.7 15.1 16.1 Outstanding loan for funerals or weddings 1.3 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 3.7 3.2 2.2 108 2012 The Little Data Book on Financial Inclusion South Asia Nepal Low income Population (millions) 30.0 GNI per capita ($) 490 Country South Low data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 25.3 33.0 23.7 Male adults (%, age 15+) 29.6 40.7 27.0 Female adults (%, age 15+) 21.2 25.0 20.5 Young adults (%, ages 15–24) 23.6 24.7 15.6 Older adults (%, age 25+) 25.4 36.6 28.2 Adults with a primary education or less (%, age 15+) 19.0 27.8 16.2 Adults with a secondary education or more (%, age 15+) 41.5 54.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 16.0 25.3 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 30.8 41.0 29.4 Adults living in a rural area (%, age 15+) 22.3 30.8 22.0 Adults living in an urban area (%, age 15+) 50.6 39.2 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.7 6.6 5.4 0 deposits in a typical month (% with an account) 1.7 11.7 8.3 1–2 deposits in a typical month (% with an account) 89.2 70.5 64.7 3+ deposits in a typical month (% with an account) 6.2 12.9 23.1 0 withdrawals in a typical month (% with an account) 6.4 15.9 21.2 1–2 withdrawals in a typical month (% with an account) 81.6 66.4 59.1 3+ withdrawals in a typical month (% with an account) 7.6 11.9 16.1 ATM is the main mode of deposit (% with an account) 0.9 2.0 4.3 Bank teller is the main mode of deposit (% with an account) 81.4 85.3 78.8 Bank agent is the main mode of deposit (% with an account) 15.1 5.3 9.1 ATM is the main mode of withdrawal (% with an account) 11.8 18.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 75.1 68.6 62.9 Bank agent is the main mode of withdrawal (% with an account) 11.9 4.0 5.4 Has debit card 3.7 7.2 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.0 4.0 4.6 Use an account to receive wages 3.6 7.4 5.9 Use an account to receive government payments 1.2 3.5 2.5 Use an account to receive remittances 4.6 2.0 4.7 Use an account to send remittances 1.2 1.6 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 2.0 2.6 Use a mobile phone to send money 0.4 0.8 7.1 Use a mobile phone to receive money 0.3 1.9 9.1 Savings (%, age 15+) Saved any money in the past year 18.4 21.3 29.9 Saved at a formal financial institution in the past year 9.9 11.1 11.5 Saved using a savings club in the past year 6.3 3.3 8.2 Saved for future expenses in the past year 13.6 15.5 20.3 Saved for emergencies in the past year 15.1 17.2 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.8 8.7 11.4 Loan from family or friends in the past year 33.2 19.5 30.2 Loan from an informal private lender in the past year 19.2 6.4 7.0 Outstanding loan to purchase a home 5.1 2.4 2.4 Outstanding loan for home construction 13.0 4.4 6.3 Outstanding loan to pay school fees 12.5 4.9 6.9 Outstanding loan for health or emergencies 23.9 14.1 16.1 Outstanding loan for funerals or weddings 5.7 3.9 5.4 Insurance (%, age 15+) Personally paid for health insurance 1.8 5.5 2.2 The Little Data Book on Financial Inclusion 2012 109 Netherlands High income Population (millions) 16.6 GNI per capita ($) 49,030 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 98.7 89.4 Male adults (%, age 15+) 99.0 91.7 Female adults (%, age 15+) 98.4 87.3 Young adults (%, ages 15–24) 99.8 76.8 Older adults (%, age 25+) 98.4 92.2 Adults with a primary education or less (%, age 15+) 96.3 72.9 Adults with a secondary education or more (%, age 15+) 99.0 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 98.2 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 98.9 92.1 Adults living in a rural area (%, age 15+) 98.6 87.0 Adults living in an urban area (%, age 15+) 98.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.6 2.1 0 deposits in a typical month (% with an account) 1.1 6.4 1–2 deposits in a typical month (% with an account) 63.0 56.1 3+ deposits in a typical month (% with an account) 30.0 34.0 0 withdrawals in a typical month (% with an account) 1.3 3.9 1–2 withdrawals in a typical month (% with an account) 10.3 18.8 3+ withdrawals in a typical month (% with an account) 79.9 71.7 ATM is the main mode of deposit (% with an account) 22.3 26.2 Bank teller is the main mode of deposit (% with an account) 35.1 53.7 Bank agent is the main mode of deposit (% with an account) 1.6 3.0 ATM is the main mode of withdrawal (% with an account) 85.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 7.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 97.6 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 29.8 24.4 Use an account to receive wages 56.4 49.5 Use an account to receive government payments 68.5 42.0 Use an account to receive remittances 13.4 13.2 Use an account to send remittances 16.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 73.1 58.3 Saved at a formal financial institution in the past year 57.8 44.6 Saved using a savings club in the past year 3.6 5.4 Saved for future expenses in the past year 49.6 37.4 Saved for emergencies in the past year 52.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.6 13.8 Loan from family or friends in the past year 7.1 12.3 Loan from an informal private lender in the past year 0.8 2.3 Outstanding loan to purchase a home 40.1 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 110 2012 The Little Data Book on Financial Inclusion New Zealand High income Population (millions) 4.4 GNI per capita ($) 28,770 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 99.4 89.4 Male adults (%, age 15+) 99.4 91.7 Female adults (%, age 15+) 99.4 87.3 Young adults (%, ages 15–24) 98.7 76.8 Older adults (%, age 25+) 99.6 92.2 Adults with a primary education or less (%, age 15+) 100.0 72.9 Adults with a secondary education or more (%, age 15+) 99.3 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 99.2 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.6 92.1 Adults living in a rural area (%, age 15+) 99.2 87.0 Adults living in an urban area (%, age 15+) 99.6 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.7 2.1 0 deposits in a typical month (% with an account) 1.7 6.4 1–2 deposits in a typical month (% with an account) 32.7 56.1 3+ deposits in a typical month (% with an account) 62.6 34.0 0 withdrawals in a typical month (% with an account) 1.8 3.9 1–2 withdrawals in a typical month (% with an account) 6.7 18.8 3+ withdrawals in a typical month (% with an account) 87.4 71.7 ATM is the main mode of deposit (% with an account) 9.2 26.2 Bank teller is the main mode of deposit (% with an account) 72.6 53.7 Bank agent is the main mode of deposit (% with an account) 5.3 3.0 ATM is the main mode of withdrawal (% with an account) 71.9 68.7 Bank teller is the main mode of withdrawal (% with an account) 8.0 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.4 0.8 Has debit card 93.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 39.1 24.4 Use an account to receive wages 73.6 49.5 Use an account to receive government payments 54.7 42.0 Use an account to receive remittances 19.7 13.2 Use an account to send remittances 31.5 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 72.6 58.3 Saved at a formal financial institution in the past year 60.4 44.6 Saved using a savings club in the past year 8.8 5.4 Saved for future expenses in the past year 44.9 37.4 Saved for emergencies in the past year 51.3 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 26.6 13.8 Loan from family or friends in the past year 17.1 12.3 Loan from an informal private lender in the past year 3.3 2.3 Outstanding loan to purchase a home 35.3 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 111 Nicaragua Latin America & Caribbean Lower middle income Population (millions) 5.8 GNI per capita ($) 1,110 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 14.2 39.2 28.4 Male adults (%, age 15+) 15.7 44.0 33.9 Female adults (%, age 15+) 12.8 34.7 22.9 Young adults (%, ages 15–24) 8.3 26.0 21.5 Older adults (%, age 25+) 17.3 43.6 31.2 Adults with a primary education or less (%, age 15+) 6.3 27.8 20.8 Adults with a secondary education or more (%, age 15+) 19.1 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 5.6 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 20.9 49.1 36.3 Adults living in a rural area (%, age 15+) 9.6 33.6 25.3 Adults living in an urban area (%, age 15+) 18.6 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 16.6 6.0 6.8 0 deposits in a typical month (% with an account) 17.7 13.0 11.6 1–2 deposits in a typical month (% with an account) 67.7 63.3 70.9 3+ deposits in a typical month (% with an account) 9.0 17.7 11.8 0 withdrawals in a typical month (% with an account) 23.6 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 61.3 53.1 64.4 3+ withdrawals in a typical month (% with an account) 8.7 30.8 15.1 ATM is the main mode of deposit (% with an account) 16.7 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 50.5 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 2.0 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 35.2 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 34.4 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.6 0.8 3.0 Has debit card 8.3 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.9 5.2 4.1 Use an account to receive wages 5.1 20.3 8.5 Use an account to receive government payments 0.5 10.4 3.9 Use an account to receive remittances 1.9 4.2 3.7 Use an account to send remittances 0.4 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 1.8 2.0 Use a mobile phone to send money 0.2 0.8 2.4 Use a mobile phone to receive money 1.0 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 26.1 25.7 27.6 Saved at a formal financial institution in the past year 6.5 9.5 11.1 Saved using a savings club in the past year 3.1 3.7 7.2 Saved for future expenses in the past year 16.0 13.1 19.9 Saved for emergencies in the past year 19.3 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.6 7.8 7.3 Loan from family or friends in the past year 4.3 14.2 26.6 Loan from an informal private lender in the past year 2.8 2.3 5.3 Outstanding loan to purchase a home 0.4 1.8 2.2 Outstanding loan for home construction 2.1 4.2 4.7 Outstanding loan to pay school fees 1.8 4.6 6.8 Outstanding loan for health or emergencies 2.2 8.2 14.8 Outstanding loan for funerals or weddings 0.6 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.8 6.8 5.1 112 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Niger Low income Population (millions) 15.5 GNI per capita ($) 370 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 1.5 24.1 23.7 Male adults (%, age 15+) 1.6 26.7 27.0 Female adults (%, age 15+) 1.5 21.4 20.5 Young adults (%, ages 15–24) 0.7 16.8 15.6 Older adults (%, age 25+) 2.2 27.7 28.2 Adults with a primary education or less (%, age 15+) 0.8 14.0 16.2 Adults with a secondary education or more (%, age 15+) 12.6 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 0.0 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 2.7 31.9 29.4 Adults living in a rural area (%, age 15+) 0.8 20.7 22.0 Adults living in an urban area (%, age 15+) 8.7 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 3.8 5.4 0 deposits in a typical month (% with an account) 1.7 6.3 8.3 1–2 deposits in a typical month (% with an account) 67.5 69.5 64.7 3+ deposits in a typical month (% with an account) 30.9 21.9 23.1 0 withdrawals in a typical month (% with an account) 3.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 84.8 63.3 59.1 3+ withdrawals in a typical month (% with an account) 11.8 23.0 16.1 ATM is the main mode of deposit (% with an account) 0.0 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 100.0 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 0.0 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 5.0 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 95.0 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.0 2.5 5.4 Has debit card 0.8 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.8 5.3 4.6 Use an account to receive wages 0.8 9.9 5.9 Use an account to receive government payments 0.5 5.7 2.5 Use an account to receive remittances 0.3 9.1 4.7 Use an account to send remittances 0.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.4 3.0 2.6 Use a mobile phone to send money 0.9 11.2 7.1 Use a mobile phone to receive money 2.6 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 25.1 40.2 29.9 Saved at a formal financial institution in the past year 1.2 14.2 11.5 Saved using a savings club in the past year 9.1 19.3 8.2 Saved for future expenses in the past year 19.0 26.0 20.3 Saved for emergencies in the past year 15.6 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.3 4.7 11.4 Loan from family or friends in the past year 43.0 39.9 30.2 Loan from an informal private lender in the past year 8.4 5.4 7.0 Outstanding loan to purchase a home 1.5 2.0 2.4 Outstanding loan for home construction 4.1 4.4 6.3 Outstanding loan to pay school fees 5.8 9.0 6.9 Outstanding loan for health or emergencies 24.6 15.1 16.1 Outstanding loan for funerals or weddings 14.7 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.2 3.2 2.2 The Little Data Book on Financial Inclusion 2012 113 Nigeria Sub-Saharan Africa Lower middle income Population (millions) 158.4 GNI per capita ($) 1,180 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 29.7 24.1 28.4 Male adults (%, age 15+) 33.3 26.7 33.9 Female adults (%, age 15+) 26.0 21.4 22.9 Young adults (%, ages 15–24) 21.5 16.8 21.5 Older adults (%, age 25+) 33.2 27.7 31.2 Adults with a primary education or less (%, age 15+) 12.2 14.0 20.8 Adults with a secondary education or more (%, age 15+) 44.1 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 14.4 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 40.1 31.9 36.3 Adults living in a rural area (%, age 15+) 23.0 20.7 25.3 Adults living in an urban area (%, age 15+) 58.7 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.6 3.8 6.8 0 deposits in a typical month (% with an account) 2.8 6.3 11.6 1–2 deposits in a typical month (% with an account) 72.9 69.5 70.9 3+ deposits in a typical month (% with an account) 24.0 21.9 11.8 0 withdrawals in a typical month (% with an account) 8.9 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 63.6 63.3 64.4 3+ withdrawals in a typical month (% with an account) 27.5 23.0 15.1 ATM is the main mode of deposit (% with an account) 0.9 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 97.4 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 1.3 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 40.8 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 58.1 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.0 2.5 3.0 Has debit card 18.6 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.5 5.3 4.1 Use an account to receive wages 11.8 9.9 8.5 Use an account to receive government payments 6.3 5.7 3.9 Use an account to receive remittances 15.7 9.1 3.7 Use an account to send remittances 10.8 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.4 3.0 2.0 Use a mobile phone to send money 9.9 11.2 2.4 Use a mobile phone to receive money 11.2 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 64.4 40.2 27.6 Saved at a formal financial institution in the past year 23.6 14.2 11.1 Saved using a savings club in the past year 44.5 19.3 7.2 Saved for future expenses in the past year 40.1 26.0 19.9 Saved for emergencies in the past year 57.2 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.1 4.7 7.3 Loan from family or friends in the past year 44.1 39.9 26.6 Loan from an informal private lender in the past year 2.4 5.4 5.3 Outstanding loan to purchase a home 0.6 2.0 2.2 Outstanding loan for home construction 1.7 4.4 4.7 Outstanding loan to pay school fees 4.7 9.0 6.8 Outstanding loan for health or emergencies 8.4 15.1 14.8 Outstanding loan for funerals or weddings 2.6 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.4 3.2 5.1 114 2012 The Little Data Book on Financial Inclusion Oman High income Population (millions) 2.8 GNI per capita ($) 18,260 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 73.6 89.4 Male adults (%, age 15+) 83.7 91.7 Female adults (%, age 15+) 63.5 87.3 Young adults (%, ages 15–24) 68.0 76.8 Older adults (%, age 25+) 75.6 92.2 Adults with a primary education or less (%, age 15+) 37.1 72.9 Adults with a secondary education or more (%, age 15+) 76.1 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 62.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 81.7 92.1 Adults living in a rural area (%, age 15+) 74.2 87.0 Adults living in an urban area (%, age 15+) 73.3 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.3 2.1 0 deposits in a typical month (% with an account) 15.3 6.4 1–2 deposits in a typical month (% with an account) 68.6 56.1 3+ deposits in a typical month (% with an account) 12.5 34.0 0 withdrawals in a typical month (% with an account) 8.7 3.9 1–2 withdrawals in a typical month (% with an account) 35.1 18.8 3+ withdrawals in a typical month (% with an account) 50.4 71.7 ATM is the main mode of deposit (% with an account) 48.5 26.2 Bank teller is the main mode of deposit (% with an account) 39.5 53.7 Bank agent is the main mode of deposit (% with an account) 5.6 3.0 ATM is the main mode of withdrawal (% with an account) 81.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 12.0 23.3 Bank agent is the main mode of withdrawal (% with an account) 3.1 0.8 Has debit card 53.0 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 31.2 24.4 Use an account to receive wages 16.2 49.5 Use an account to receive government payments 26.4 42.0 Use an account to receive remittances 18.0 13.2 Use an account to send remittances 23.9 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 57.6 58.3 Saved at a formal financial institution in the past year 22.6 44.6 Saved using a savings club in the past year 14.1 5.4 Saved for future expenses in the past year 41.7 37.4 Saved for emergencies in the past year 42.5 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.2 13.8 Loan from family or friends in the past year 33.1 12.3 Loan from an informal private lender in the past year 6.6 2.3 Outstanding loan to purchase a home 14.5 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 115 Pakistan South Asia Lower middle income Population (millions) 173.6 GNI per capita ($) 1,050 Lower Country South middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 10.3 33.0 28.4 Male adults (%, age 15+) 17.3 40.7 33.9 Female adults (%, age 15+) 3.0 25.0 22.9 Young adults (%, ages 15–24) 8.0 24.7 21.5 Older adults (%, age 25+) 11.3 36.6 31.2 Adults with a primary education or less (%, age 15+) 3.7 27.8 20.8 Adults with a secondary education or more (%, age 15+) 24.5 54.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 4.1 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 14.3 41.0 36.3 Adults living in a rural area (%, age 15+) 7.2 30.8 25.3 Adults living in an urban area (%, age 15+) 15.4 39.2 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.4 6.6 6.8 0 deposits in a typical month (% with an account) 4.6 11.7 11.6 1–2 deposits in a typical month (% with an account) 70.3 70.5 70.9 3+ deposits in a typical month (% with an account) 9.4 12.9 11.8 0 withdrawals in a typical month (% with an account) 3.1 15.9 13.7 1–2 withdrawals in a typical month (% with an account) 68.5 66.4 64.4 3+ withdrawals in a typical month (% with an account) 10.4 11.9 15.1 ATM is the main mode of deposit (% with an account) 6.3 2.0 4.5 Bank teller is the main mode of deposit (% with an account) 64.7 85.3 80.2 Bank agent is the main mode of deposit (% with an account) 9.6 5.3 4.0 ATM is the main mode of withdrawal (% with an account) 32.4 18.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 46.2 68.6 56.8 Bank agent is the main mode of withdrawal (% with an account) 6.3 4.0 3.0 Has debit card 2.9 7.2 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.9 4.0 4.1 Use an account to receive wages 5.3 7.4 8.5 Use an account to receive government payments 2.0 3.5 3.9 Use an account to receive remittances 1.0 2.0 3.7 Use an account to send remittances 0.8 1.6 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.5 2.0 2.0 Use a mobile phone to send money 1.4 0.8 2.4 Use a mobile phone to receive money 1.5 1.9 3.8 Savings (%, age 15+) Saved any money in the past year 7.5 21.3 27.6 Saved at a formal financial institution in the past year 1.4 11.1 11.1 Saved using a savings club in the past year 3.3 3.3 7.2 Saved for future expenses in the past year 5.4 15.5 19.9 Saved for emergencies in the past year 4.6 17.2 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.6 8.7 7.3 Loan from family or friends in the past year 23.1 19.5 26.6 Loan from an informal private lender in the past year 2.3 6.4 5.3 Outstanding loan to purchase a home 1.8 2.4 2.2 Outstanding loan for home construction 4.2 4.4 4.7 Outstanding loan to pay school fees 3.0 4.9 6.8 Outstanding loan for health or emergencies 17.1 14.1 14.8 Outstanding loan for funerals or weddings 5.5 3.9 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.5 5.5 5.1 116 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Panama Upper middle income Population (millions) 3.5 GNI per capita ($) 6,970 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 24.9 39.2 57.2 Male adults (%, age 15+) 26.5 44.0 61.4 Female adults (%, age 15+) 23.3 34.7 53.1 Young adults (%, ages 15–24) 15.4 26.0 51.7 Older adults (%, age 25+) 27.6 43.6 58.2 Adults with a primary education or less (%, age 15+) 15.3 27.8 47.5 Adults with a secondary education or more (%, age 15+) 28.1 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 17.1 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 30.9 49.1 67.6 Adults living in a rural area (%, age 15+) 18.5 33.6 51.7 Adults living in an urban area (%, age 15+) 28.2 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 8.7 6.0 11.8 0 deposits in a typical month (% with an account) 12.5 13.0 18.1 1–2 deposits in a typical month (% with an account) 61.7 63.3 64.9 3+ deposits in a typical month (% with an account) 22.6 17.7 9.6 0 withdrawals in a typical month (% with an account) 13.8 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 58.5 53.1 54.7 3+ withdrawals in a typical month (% with an account) 22.5 30.8 19.2 ATM is the main mode of deposit (% with an account) 11.7 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 67.5 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 2.6 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 39.1 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 36.4 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 3.5 0.8 0.7 Has debit card 11.3 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.3 5.2 4.0 Use an account to receive wages 10.3 20.3 21.3 Use an account to receive government payments 4.4 10.4 9.0 Use an account to receive remittances 4.8 4.2 8.0 Use an account to send remittances 3.1 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.8 1.7 Use a mobile phone to send money 0.0 0.8 0.9 Use a mobile phone to receive money 0.0 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 34.9 25.7 33.7 Saved at a formal financial institution in the past year 12.5 9.5 24.2 Saved using a savings club in the past year 7.0 3.7 2.8 Saved for future expenses in the past year 21.7 13.1 22.0 Saved for emergencies in the past year 23.2 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.8 7.8 7.8 Loan from family or friends in the past year 17.3 14.2 22.8 Loan from an informal private lender in the past year 10.0 2.3 1.5 Outstanding loan to purchase a home 11.5 1.8 4.0 Outstanding loan for home construction 9.9 4.2 4.9 Outstanding loan to pay school fees 13.3 4.6 3.8 Outstanding loan for health or emergencies 14.8 8.2 6.6 Outstanding loan for funerals or weddings 7.2 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 4.9 6.8 31.3 The Little Data Book on Financial Inclusion 2012 117 Paraguay Latin America & Caribbean Lower middle income Population (millions) 6.5 GNI per capita ($) 2,720 Latin Lower Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 21.7 39.2 28.4 Male adults (%, age 15+) 20.7 44.0 33.9 Female adults (%, age 15+) 22.7 34.7 22.9 Young adults (%, ages 15–24) 14.6 26.0 21.5 Older adults (%, age 25+) 24.2 43.6 31.2 Adults with a primary education or less (%, age 15+) 8.3 27.8 20.8 Adults with a secondary education or more (%, age 15+) 29.8 46.6 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 3.4 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 34.5 49.1 36.3 Adults living in a rural area (%, age 15+) 10.2 33.6 25.3 Adults living in an urban area (%, age 15+) 29.3 44.1 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 10.4 6.0 6.8 0 deposits in a typical month (% with an account) 14.9 13.0 11.6 1–2 deposits in a typical month (% with an account) 61.9 63.3 70.9 3+ deposits in a typical month (% with an account) 7.7 17.7 11.8 0 withdrawals in a typical month (% with an account) 21.8 10.2 13.7 1–2 withdrawals in a typical month (% with an account) 53.3 53.1 64.4 3+ withdrawals in a typical month (% with an account) 14.3 30.8 15.1 ATM is the main mode of deposit (% with an account) 16.6 19.7 4.5 Bank teller is the main mode of deposit (% with an account) 62.4 57.2 80.2 Bank agent is the main mode of deposit (% with an account) 3.3 1.1 4.0 ATM is the main mode of withdrawal (% with an account) 43.8 56.4 31.0 Bank teller is the main mode of withdrawal (% with an account) 37.4 32.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 3.3 0.8 3.0 Has debit card 11.3 28.9 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.7 5.2 4.1 Use an account to receive wages 10.5 20.3 8.5 Use an account to receive government payments 0.9 10.4 3.9 Use an account to receive remittances 2.0 4.2 3.7 Use an account to send remittances 1.1 2.8 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 1.8 2.0 Use a mobile phone to send money 4.3 0.8 2.4 Use a mobile phone to receive money 5.7 1.8 3.8 Savings (%, age 15+) Saved any money in the past year 18.1 25.7 27.6 Saved at a formal financial institution in the past year 9.7 9.5 11.1 Saved using a savings club in the past year 2.3 3.7 7.2 Saved for future expenses in the past year 10.3 13.1 19.9 Saved for emergencies in the past year 13.7 19.1 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.9 7.8 7.3 Loan from family or friends in the past year 14.9 14.2 26.6 Loan from an informal private lender in the past year 3.3 2.3 5.3 Outstanding loan to purchase a home 1.3 1.8 2.2 Outstanding loan for home construction 3.9 4.2 4.7 Outstanding loan to pay school fees 9.1 4.6 6.8 Outstanding loan for health or emergencies 12.6 8.2 14.8 Outstanding loan for funerals or weddings 2.6 1.7 3.9 Insurance (%, age 15+) Personally paid for health insurance 5.9 6.8 5.1 118 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Peru Upper middle income Population (millions) 29.1 GNI per capita ($) 4,700 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 20.5 39.2 57.2 Male adults (%, age 15+) 23.4 44.0 61.4 Female adults (%, age 15+) 17.6 34.7 53.1 Young adults (%, ages 15–24) 14.5 26.0 51.7 Older adults (%, age 25+) 22.4 43.6 58.2 Adults with a primary education or less (%, age 15+) 6.5 27.8 47.5 Adults with a secondary education or more (%, age 15+) 24.5 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 7.5 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 31.3 49.1 67.6 Adults living in a rural area (%, age 15+) 13.3 33.6 51.7 Adults living in an urban area (%, age 15+) 24.3 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.4 6.0 11.8 0 deposits in a typical month (% with an account) 10.7 13.0 18.1 1–2 deposits in a typical month (% with an account) 66.1 63.3 64.9 3+ deposits in a typical month (% with an account) 13.8 17.7 9.6 0 withdrawals in a typical month (% with an account) 13.2 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 50.5 53.1 54.7 3+ withdrawals in a typical month (% with an account) 25.6 30.8 19.2 ATM is the main mode of deposit (% with an account) 2.6 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 65.7 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 1.6 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 43.6 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 40.1 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.5 0.8 0.7 Has debit card 14.1 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.8 5.2 4.0 Use an account to receive wages 10.6 20.3 21.3 Use an account to receive government payments 3.3 10.4 9.0 Use an account to receive remittances 4.0 4.2 8.0 Use an account to send remittances 3.1 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.6 1.8 1.7 Use a mobile phone to send money 1.4 0.8 0.9 Use a mobile phone to receive money 1.8 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 29.1 25.7 33.7 Saved at a formal financial institution in the past year 8.6 9.5 24.2 Saved using a savings club in the past year 4.3 3.7 2.8 Saved for future expenses in the past year 15.6 13.1 22.0 Saved for emergencies in the past year 23.6 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.7 7.8 7.8 Loan from family or friends in the past year 14.5 14.2 22.8 Loan from an informal private lender in the past year 3.3 2.3 1.5 Outstanding loan to purchase a home 1.1 1.8 4.0 Outstanding loan for home construction 5.1 4.2 4.9 Outstanding loan to pay school fees 5.5 4.6 3.8 Outstanding loan for health or emergencies 10.1 8.2 6.6 Outstanding loan for funerals or weddings 0.6 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.5 6.8 31.3 The Little Data Book on Financial Inclusion 2012 119 Philippines East Asia & Pacific Lower middle income Population (millions) 93.3 GNI per capita ($) 2,060 East Lower Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 26.6 54.9 28.4 Male adults (%, age 15+) 19.0 57.6 33.9 Female adults (%, age 15+) 33.7 52.3 22.9 Young adults (%, ages 15–24) 18.3 52.1 21.5 Older adults (%, age 25+) 30.3 54.9 31.2 Adults with a primary education or less (%, age 15+) 12.3 46.5 20.8 Adults with a secondary education or more (%, age 15+) 33.1 71.0 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 10.4 39.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 39.6 65.6 36.3 Adults living in a rural area (%, age 15+) 19.5 49.5 25.3 Adults living in an urban area (%, age 15+) 37.1 70.8 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.2 13.2 6.8 0 deposits in a typical month (% with an account) 14.7 19.1 11.6 1–2 deposits in a typical month (% with an account) 67.4 64.6 70.9 3+ deposits in a typical month (% with an account) 15.1 7.8 11.8 0 withdrawals in a typical month (% with an account) 11.7 20.5 13.7 1–2 withdrawals in a typical month (% with an account) 66.4 55.0 64.4 3+ withdrawals in a typical month (% with an account) 18.8 14.3 15.1 ATM is the main mode of deposit (% with an account) 19.6 13.9 4.5 Bank teller is the main mode of deposit (% with an account) 47.8 76.4 80.2 Bank agent is the main mode of deposit (% with an account) 13.2 2.5 4.0 ATM is the main mode of withdrawal (% with an account) 62.5 39.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 24.2 55.9 56.8 Bank agent is the main mode of withdrawal (% with an account) 6.4 1.3 3.0 Has debit card 13.2 34.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.6 3.2 4.1 Use an account to receive wages 8.5 16.9 8.5 Use an account to receive government payments 5.5 6.3 3.9 Use an account to receive remittances 12.2 8.8 3.7 Use an account to send remittances 5.3 7.1 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.1 1.3 2.0 Use a mobile phone to send money 7.3 1.0 2.4 Use a mobile phone to receive money 12.5 1.2 3.8 Savings (%, age 15+) Saved any money in the past year 45.5 39.8 27.6 Saved at a formal financial institution in the past year 14.7 28.4 11.1 Saved using a savings club in the past year 6.5 4.3 7.2 Saved for future expenses in the past year 31.8 28.2 19.9 Saved for emergencies in the past year 36.9 29.6 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.5 8.6 7.3 Loan from family or friends in the past year 39.0 27.2 26.6 Loan from an informal private lender in the past year 12.7 1.9 5.3 Outstanding loan to purchase a home 3.6 4.4 2.2 Outstanding loan for home construction 5.8 5.4 4.7 Outstanding loan to pay school fees 20.7 5.8 6.8 Outstanding loan for health or emergencies 28.7 9.7 14.8 Outstanding loan for funerals or weddings 5.4 1.8 3.9 Insurance (%, age 15+) Personally paid for health insurance 5.5 36.8 5.1 120 2012 The Little Data Book on Financial Inclusion Poland High income Population (millions) 38.2 GNI per capita ($) 12,440 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 70.2 89.4 Male adults (%, age 15+) 72.4 91.7 Female adults (%, age 15+) 68.3 87.3 Young adults (%, ages 15–24) 47.8 76.8 Older adults (%, age 25+) 75.5 92.2 Adults with a primary education or less (%, age 15+) 34.7 72.9 Adults with a secondary education or more (%, age 15+) 81.4 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 57.4 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 78.8 92.1 Adults living in a rural area (%, age 15+) 69.0 87.0 Adults living in an urban area (%, age 15+) 72.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.3 2.1 0 deposits in a typical month (% with an account) 8.5 6.4 1–2 deposits in a typical month (% with an account) 68.1 56.1 3+ deposits in a typical month (% with an account) 10.9 34.0 0 withdrawals in a typical month (% with an account) 3.8 3.9 1–2 withdrawals in a typical month (% with an account) 34.4 18.8 3+ withdrawals in a typical month (% with an account) 47.7 71.7 ATM is the main mode of deposit (% with an account) 10.3 26.2 Bank teller is the main mode of deposit (% with an account) 42.5 53.7 Bank agent is the main mode of deposit (% with an account) 3.7 3.0 ATM is the main mode of withdrawal (% with an account) 60.6 68.7 Bank teller is the main mode of withdrawal (% with an account) 27.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.1 0.8 Has debit card 37.3 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.3 24.4 Use an account to receive wages 42.3 49.5 Use an account to receive government payments 13.1 42.0 Use an account to receive remittances 6.8 13.2 Use an account to send remittances 6.2 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.8 .. Use a mobile phone to send money 0.7 .. Use a mobile phone to receive money 0.9 .. Savings (%, age 15+) Saved any money in the past year 30.8 58.3 Saved at a formal financial institution in the past year 18.0 44.6 Saved using a savings club in the past year 1.0 5.4 Saved for future expenses in the past year 16.8 37.4 Saved for emergencies in the past year 19.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 9.6 13.8 Loan from family or friends in the past year 13.4 12.3 Loan from an informal private lender in the past year 0.9 2.3 Outstanding loan to purchase a home 2.7 23.8 Outstanding loan for home construction 5.9 .. Outstanding loan to pay school fees 0.5 .. Outstanding loan for health or emergencies 2.5 .. Outstanding loan for funerals or weddings 0.5 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 121 Portugal High income Population (millions) 10.6 GNI per capita ($) 21,870 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 81.2 89.4 Male adults (%, age 15+) 85.1 91.7 Female adults (%, age 15+) 77.8 87.3 Young adults (%, ages 15–24) 75.1 76.8 Older adults (%, age 25+) 81.8 92.2 Adults with a primary education or less (%, age 15+) 74.9 72.9 Adults with a secondary education or more (%, age 15+) 86.1 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 73.5 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 86.9 92.1 Adults living in a rural area (%, age 15+) 84.2 87.0 Adults living in an urban area (%, age 15+) 77.4 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 2.1 0 deposits in a typical month (% with an account) 10.7 6.4 1–2 deposits in a typical month (% with an account) 68.9 56.1 3+ deposits in a typical month (% with an account) 12.0 34.0 0 withdrawals in a typical month (% with an account) 4.3 3.9 1–2 withdrawals in a typical month (% with an account) 12.5 18.8 3+ withdrawals in a typical month (% with an account) 65.0 71.7 ATM is the main mode of deposit (% with an account) 28.5 26.2 Bank teller is the main mode of deposit (% with an account) 49.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.7 3.0 ATM is the main mode of withdrawal (% with an account) 79.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 12.8 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.9 0.8 Has debit card 68.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 10.4 24.4 Use an account to receive wages 43.3 49.5 Use an account to receive government payments 36.9 42.0 Use an account to receive remittances 5.6 13.2 Use an account to send remittances 4.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 33.7 58.3 Saved at a formal financial institution in the past year 25.6 44.6 Saved using a savings club in the past year 1.9 5.4 Saved for future expenses in the past year 19.0 37.4 Saved for emergencies in the past year 27.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.3 13.8 Loan from family or friends in the past year 6.9 12.3 Loan from an informal private lender in the past year 0.8 2.3 Outstanding loan to purchase a home 23.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 122 2012 The Little Data Book on Financial Inclusion Qatar High income Population (millions) 1.8 GNI per capita ($) .. Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 65.9 89.4 Male adults (%, age 15+) 68.6 91.7 Female adults (%, age 15+) 61.6 87.3 Young adults (%, ages 15–24) 64.1 76.8 Older adults (%, age 25+) 67.3 92.2 Adults with a primary education or less (%, age 15+) 31.6 72.9 Adults with a secondary education or more (%, age 15+) 69.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 54.7 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 75.6 92.1 Adults living in a rural area (%, age 15+) 53.1 87.0 Adults living in an urban area (%, age 15+) 67.8 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.4 2.1 0 deposits in a typical month (% with an account) 8.9 6.4 1–2 deposits in a typical month (% with an account) 67.6 56.1 3+ deposits in a typical month (% with an account) 16.9 34.0 0 withdrawals in a typical month (% with an account) 5.9 3.9 1–2 withdrawals in a typical month (% with an account) 23.2 18.8 3+ withdrawals in a typical month (% with an account) 62.3 71.7 ATM is the main mode of deposit (% with an account) 20.5 26.2 Bank teller is the main mode of deposit (% with an account) 64.9 53.7 Bank agent is the main mode of deposit (% with an account) 6.4 3.0 ATM is the main mode of withdrawal (% with an account) 79.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 11.3 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.4 0.8 Has debit card 49.5 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 29.1 24.4 Use an account to receive wages 16.8 49.5 Use an account to receive government payments 17.8 42.0 Use an account to receive remittances 14.0 13.2 Use an account to send remittances 37.6 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 56.3 58.3 Saved at a formal financial institution in the past year 25.4 44.6 Saved using a savings club in the past year 9.2 5.4 Saved for future expenses in the past year 39.0 37.4 Saved for emergencies in the past year 42.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.6 13.8 Loan from family or friends in the past year 30.6 12.3 Loan from an informal private lender in the past year 8.9 2.3 Outstanding loan to purchase a home 18.5 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 123 Romania Europe & Central Asia Upper middle income Population (millions) 21.4 GNI per capita ($) 7,850 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 44.6 44.9 57.2 Male adults (%, age 15+) 48.5 49.9 61.4 Female adults (%, age 15+) 41.1 40.0 53.1 Young adults (%, ages 15–24) 37.0 31.9 51.7 Older adults (%, age 25+) 46.0 48.4 58.2 Adults with a primary education or less (%, age 15+) 26.9 25.6 47.5 Adults with a secondary education or more (%, age 15+) 51.5 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 31.3 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 54.4 51.1 67.6 Adults living in a rural area (%, age 15+) 37.4 41.6 51.7 Adults living in an urban area (%, age 15+) 56.0 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 12.1 4.0 11.8 0 deposits in a typical month (% with an account) 17.4 6.5 18.1 1–2 deposits in a typical month (% with an account) 66.8 80.8 64.9 3+ deposits in a typical month (% with an account) 6.5 5.4 9.6 0 withdrawals in a typical month (% with an account) 15.6 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 47.2 61.8 54.7 3+ withdrawals in a typical month (% with an account) 24.7 22.5 19.2 ATM is the main mode of deposit (% with an account) 4.4 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 43.6 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.5 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 72.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 15.5 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.4 1.0 0.7 Has debit card 27.7 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.0 5.3 4.0 Use an account to receive wages 19.3 27.3 21.3 Use an account to receive government payments 15.2 11.0 9.0 Use an account to receive remittances 4.7 4.8 8.0 Use an account to send remittances 2.3 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.9 3.0 1.7 Use a mobile phone to send money 0.5 2.5 0.9 Use a mobile phone to receive money 0.5 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 18.2 20.4 33.7 Saved at a formal financial institution in the past year 8.7 7.0 24.2 Saved using a savings club in the past year 0.3 1.3 2.8 Saved for future expenses in the past year 9.4 12.8 22.0 Saved for emergencies in the past year 14.7 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.4 7.7 7.8 Loan from family or friends in the past year 18.3 28.2 22.8 Loan from an informal private lender in the past year 0.2 1.5 1.5 Outstanding loan to purchase a home 3.7 1.8 4.0 Outstanding loan for home construction 10.5 4.7 4.9 Outstanding loan to pay school fees 0.8 1.7 3.8 Outstanding loan for health or emergencies 5.8 3.6 6.6 Outstanding loan for funerals or weddings 1.5 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 5.9 4.5 31.3 124 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Russian Federation Upper middle income Population (millions) 141.8 GNI per capita ($) 9,900 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 48.2 44.9 57.2 Male adults (%, age 15+) 48.8 49.9 61.4 Female adults (%, age 15+) 47.7 40.0 53.1 Young adults (%, ages 15–24) 32.8 31.9 51.7 Older adults (%, age 25+) 51.9 48.4 58.2 Adults with a primary education or less (%, age 15+) 24.2 25.6 47.5 Adults with a secondary education or more (%, age 15+) 54.7 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 40.2 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 53.9 51.1 67.6 Adults living in a rural area (%, age 15+) 45.5 41.6 51.7 Adults living in an urban area (%, age 15+) 53.0 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.8 4.0 11.8 0 deposits in a typical month (% with an account) 8.4 6.5 18.1 1–2 deposits in a typical month (% with an account) 78.1 80.8 64.9 3+ deposits in a typical month (% with an account) 3.0 5.4 9.6 0 withdrawals in a typical month (% with an account) 8.2 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 60.8 61.8 54.7 3+ withdrawals in a typical month (% with an account) 19.1 22.5 19.2 ATM is the main mode of deposit (% with an account) 18.3 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 25.6 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 1.8 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 65.2 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 24.7 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.5 1.0 0.7 Has debit card 37.0 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.3 5.3 4.0 Use an account to receive wages 30.1 27.3 21.3 Use an account to receive government payments 8.5 11.0 9.0 Use an account to receive remittances 2.1 4.8 8.0 Use an account to send remittances 2.4 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.7 3.0 1.7 Use a mobile phone to send money 1.5 2.5 0.9 Use a mobile phone to receive money 1.8 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 22.7 20.4 33.7 Saved at a formal financial institution in the past year 10.9 7.0 24.2 Saved using a savings club in the past year 0.5 1.3 2.8 Saved for future expenses in the past year 12.5 12.8 22.0 Saved for emergencies in the past year 15.9 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 7.7 7.7 7.8 Loan from family or friends in the past year 23.5 28.2 22.8 Loan from an informal private lender in the past year 1.5 1.5 1.5 Outstanding loan to purchase a home 1.4 1.8 4.0 Outstanding loan for home construction 4.6 4.7 4.9 Outstanding loan to pay school fees 0.8 1.7 3.8 Outstanding loan for health or emergencies 2.2 3.6 6.6 Outstanding loan for funerals or weddings 0.9 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 6.7 4.5 31.3 The Little Data Book on Financial Inclusion 2012 125 Rwanda Sub-Saharan Africa Low income Population (millions) 10.6 GNI per capita ($) 520 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 32.8 24.1 23.7 Male adults (%, age 15+) 37.5 26.7 27.0 Female adults (%, age 15+) 28.2 21.4 20.5 Young adults (%, ages 15–24) 17.8 16.8 15.6 Older adults (%, age 25+) 39.9 27.7 28.2 Adults with a primary education or less (%, age 15+) 30.8 14.0 16.2 Adults with a secondary education or more (%, age 15+) 52.4 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 30.0 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 34.6 31.9 29.4 Adults living in a rural area (%, age 15+) 31.4 20.7 22.0 Adults living in an urban area (%, age 15+) 42.4 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.7 3.8 5.4 0 deposits in a typical month (% with an account) 8.5 6.3 8.3 1–2 deposits in a typical month (% with an account) 70.6 69.5 64.7 3+ deposits in a typical month (% with an account) 18.3 21.9 23.1 0 withdrawals in a typical month (% with an account) 10.7 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 73.1 63.3 59.1 3+ withdrawals in a typical month (% with an account) 13.4 23.0 16.1 ATM is the main mode of deposit (% with an account) 2.4 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 89.7 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 2.0 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 2.5 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 89.0 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.9 2.5 5.4 Has debit card 5.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.0 5.3 4.6 Use an account to receive wages 11.6 9.9 5.9 Use an account to receive government payments 5.0 5.7 2.5 Use an account to receive remittances 1.4 9.1 4.7 Use an account to send remittances 1.4 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.1 3.0 2.6 Use a mobile phone to send money 2.0 11.2 7.1 Use a mobile phone to receive money 2.9 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 30.5 40.2 29.9 Saved at a formal financial institution in the past year 17.8 14.2 11.5 Saved using a savings club in the past year 4.3 19.3 8.2 Saved for future expenses in the past year 22.5 26.0 20.3 Saved for emergencies in the past year 23.1 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.4 4.7 11.4 Loan from family or friends in the past year 27.8 39.9 30.2 Loan from an informal private lender in the past year 4.1 5.4 7.0 Outstanding loan to purchase a home 1.9 2.0 2.4 Outstanding loan for home construction 7.4 4.4 6.3 Outstanding loan to pay school fees 10.1 9.0 6.9 Outstanding loan for health or emergencies 17.1 15.1 16.1 Outstanding loan for funerals or weddings 1.6 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 5.3 3.2 2.2 126 2012 The Little Data Book on Financial Inclusion Saudi Arabia High income Population (millions) 27.4 GNI per capita ($) 16,190 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 46.4 89.4 Male adults (%, age 15+) 72.7 91.7 Female adults (%, age 15+) 15.2 87.3 Young adults (%, ages 15–24) 26.7 76.8 Older adults (%, age 25+) 57.0 92.2 Adults with a primary education or less (%, age 15+) 39.0 72.9 Adults with a secondary education or more (%, age 15+) 49.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 37.8 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 52.4 92.1 Adults living in a rural area (%, age 15+) 46.6 87.0 Adults living in an urban area (%, age 15+) 45.5 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.5 2.1 0 deposits in a typical month (% with an account) 0.6 6.4 1–2 deposits in a typical month (% with an account) 70.7 56.1 3+ deposits in a typical month (% with an account) 24.2 34.0 0 withdrawals in a typical month (% with an account) 0.9 3.9 1–2 withdrawals in a typical month (% with an account) 25.6 18.8 3+ withdrawals in a typical month (% with an account) 69.6 71.7 ATM is the main mode of deposit (% with an account) 60.2 26.2 Bank teller is the main mode of deposit (% with an account) 38.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.0 3.0 ATM is the main mode of withdrawal (% with an account) 89.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 10.3 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.0 0.8 Has debit card 42.3 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.4 24.4 Use an account to receive wages 19.8 49.5 Use an account to receive government payments 11.9 42.0 Use an account to receive remittances 5.9 13.2 Use an account to send remittances 9.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 15.0 .. Use a mobile phone to send money 6.5 .. Use a mobile phone to receive money 5.6 .. Savings (%, age 15+) Saved any money in the past year 33.4 58.3 Saved at a formal financial institution in the past year 17.2 44.6 Saved using a savings club in the past year 4.4 5.4 Saved for future expenses in the past year 26.7 37.4 Saved for emergencies in the past year 26.2 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 2.1 13.8 Loan from family or friends in the past year 26.2 12.3 Loan from an informal private lender in the past year 10.4 2.3 Outstanding loan to purchase a home 12.3 23.8 Outstanding loan for home construction 8.1 .. Outstanding loan to pay school fees 10.0 .. Outstanding loan for health or emergencies 10.9 .. Outstanding loan for funerals or weddings 4.7 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 127 Senegal Sub-Saharan Africa Lower middle income Population (millions) 12.4 GNI per capita ($) 1,090 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 5.8 24.1 28.4 Male adults (%, age 15+) 6.2 26.7 33.9 Female adults (%, age 15+) 5.5 21.4 22.9 Young adults (%, ages 15–24) 0.4 16.8 21.5 Older adults (%, age 25+) 8.7 27.7 31.2 Adults with a primary education or less (%, age 15+) 4.6 14.0 20.8 Adults with a secondary education or more (%, age 15+) 14.2 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 3.0 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 8.5 31.9 36.3 Adults living in a rural area (%, age 15+) 4.6 20.7 25.3 Adults living in an urban area (%, age 15+) 9.0 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 3.8 6.8 0 deposits in a typical month (% with an account) 1.0 6.3 11.6 1–2 deposits in a typical month (% with an account) 92.9 69.5 70.9 3+ deposits in a typical month (% with an account) 6.0 21.9 11.8 0 withdrawals in a typical month (% with an account) 12.4 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 79.5 63.3 64.4 3+ withdrawals in a typical month (% with an account) 8.1 23.0 15.1 ATM is the main mode of deposit (% with an account) 9.2 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 90.3 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 12.8 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 86.2 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 2.5 3.0 Has debit card 1.8 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.6 5.3 4.1 Use an account to receive wages 1.7 9.9 8.5 Use an account to receive government payments 1.0 5.7 3.9 Use an account to receive remittances 1.4 9.1 3.7 Use an account to send remittances 0.9 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.2 3.0 2.0 Use a mobile phone to send money 0.5 11.2 2.4 Use a mobile phone to receive money 0.9 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 15.4 40.2 27.6 Saved at a formal financial institution in the past year 3.7 14.2 11.1 Saved using a savings club in the past year 5.3 19.3 7.2 Saved for future expenses in the past year 8.9 26.0 19.9 Saved for emergencies in the past year 10.4 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.5 4.7 7.3 Loan from family or friends in the past year 26.2 39.9 26.6 Loan from an informal private lender in the past year 1.4 5.4 5.3 Outstanding loan to purchase a home 0.1 2.0 2.2 Outstanding loan for home construction 1.8 4.4 4.7 Outstanding loan to pay school fees 2.6 9.0 6.8 Outstanding loan for health or emergencies 11.6 15.1 14.8 Outstanding loan for funerals or weddings 4.7 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.9 3.2 5.1 128 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Serbia Upper middle income Population (millions) 7.3 GNI per capita ($) 5,630 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 62.2 44.9 57.2 Male adults (%, age 15+) 62.1 49.9 61.4 Female adults (%, age 15+) 62.3 40.0 53.1 Young adults (%, ages 15–24) 28.9 31.9 51.7 Older adults (%, age 25+) 68.3 48.4 58.2 Adults with a primary education or less (%, age 15+) 40.2 25.6 47.5 Adults with a secondary education or more (%, age 15+) 71.2 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 53.3 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 68.8 51.1 67.6 Adults living in a rural area (%, age 15+) 55.7 41.6 51.7 Adults living in an urban area (%, age 15+) 72.3 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.9 4.0 11.8 0 deposits in a typical month (% with an account) 4.8 6.5 18.1 1–2 deposits in a typical month (% with an account) 80.6 80.8 64.9 3+ deposits in a typical month (% with an account) 7.4 5.4 9.6 0 withdrawals in a typical month (% with an account) 4.9 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 60.9 61.8 54.7 3+ withdrawals in a typical month (% with an account) 26.1 22.5 19.2 ATM is the main mode of deposit (% with an account) 1.7 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 56.0 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.6 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 36.7 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 53.1 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 2.2 1.0 0.7 Has debit card 43.1 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.8 5.3 4.0 Use an account to receive wages 33.1 27.3 21.3 Use an account to receive government payments 29.6 11.0 9.0 Use an account to receive remittances 4.9 4.8 8.0 Use an account to send remittances 3.4 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.4 3.0 1.7 Use a mobile phone to send money 0.5 2.5 0.9 Use a mobile phone to receive money 0.8 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 14.9 20.4 33.7 Saved at a formal financial institution in the past year 3.2 7.0 24.2 Saved using a savings club in the past year 3.2 1.3 2.8 Saved for future expenses in the past year 7.8 12.8 22.0 Saved for emergencies in the past year 10.7 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.3 7.7 7.8 Loan from family or friends in the past year 28.9 28.2 22.8 Loan from an informal private lender in the past year 1.6 1.5 1.5 Outstanding loan to purchase a home 1.4 1.8 4.0 Outstanding loan for home construction 6.1 4.7 4.9 Outstanding loan to pay school fees 2.6 1.7 3.8 Outstanding loan for health or emergencies 4.4 3.6 6.6 Outstanding loan for funerals or weddings 2.6 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 3.7 4.5 31.3 The Little Data Book on Financial Inclusion 2012 129 Sierra Leone Sub-Saharan Africa Low income Population (millions) 5.9 GNI per capita ($) 340 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 15.3 24.1 23.7 Male adults (%, age 15+) 18.0 26.7 27.0 Female adults (%, age 15+) 12.8 21.4 20.5 Young adults (%, ages 15–24) 10.8 16.8 15.6 Older adults (%, age 25+) 17.8 27.7 28.2 Adults with a primary education or less (%, age 15+) 5.6 14.0 16.2 Adults with a secondary education or more (%, age 15+) 41.6 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 6.6 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 21.9 31.9 29.4 Adults living in a rural area (%, age 15+) 12.8 20.7 22.0 Adults living in an urban area (%, age 15+) 26.1 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.7 3.8 5.4 0 deposits in a typical month (% with an account) 2.7 6.3 8.3 1–2 deposits in a typical month (% with an account) 64.8 69.5 64.7 3+ deposits in a typical month (% with an account) 30.4 21.9 23.1 0 withdrawals in a typical month (% with an account) 5.9 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 73.8 63.3 59.1 3+ withdrawals in a typical month (% with an account) 20.3 23.0 16.1 ATM is the main mode of deposit (% with an account) 4.9 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 87.9 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 2.9 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 16.4 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 75.9 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.1 2.5 5.4 Has debit card 4.0 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 5.3 4.6 Use an account to receive wages 8.5 9.9 5.9 Use an account to receive government payments 3.9 5.7 2.5 Use an account to receive remittances 6.8 9.1 4.7 Use an account to send remittances 4.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.7 3.0 2.6 Use a mobile phone to send money 1.4 11.2 7.1 Use a mobile phone to receive money 1.9 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 32.6 40.2 29.9 Saved at a formal financial institution in the past year 14.5 14.2 11.5 Saved using a savings club in the past year 10.4 19.3 8.2 Saved for future expenses in the past year 23.0 26.0 20.3 Saved for emergencies in the past year 26.9 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.1 4.7 11.4 Loan from family or friends in the past year 43.2 39.9 30.2 Loan from an informal private lender in the past year 5.4 5.4 7.0 Outstanding loan to purchase a home 0.4 2.0 2.4 Outstanding loan for home construction 1.5 4.4 6.3 Outstanding loan to pay school fees 10.6 9.0 6.9 Outstanding loan for health or emergencies 9.2 15.1 16.1 Outstanding loan for funerals or weddings 2.5 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.5 3.2 2.2 130 2012 The Little Data Book on Financial Inclusion Singapore High income Population (millions) 5.1 GNI per capita ($) 40,070 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 98.2 89.4 Male adults (%, age 15+) 98.2 91.7 Female adults (%, age 15+) 98.2 87.3 Young adults (%, ages 15–24) 94.7 76.8 Older adults (%, age 25+) 98.9 92.2 Adults with a primary education or less (%, age 15+) 94.4 72.9 Adults with a secondary education or more (%, age 15+) 99.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 98.2 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 98.2 92.1 Adults living in a rural area (%, age 15+) .. 87.0 Adults living in an urban area (%, age 15+) 98.2 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.1 2.1 0 deposits in a typical month (% with an account) 10.5 6.4 1–2 deposits in a typical month (% with an account) 65.0 56.1 3+ deposits in a typical month (% with an account) 23.0 34.0 0 withdrawals in a typical month (% with an account) 6.7 3.9 1–2 withdrawals in a typical month (% with an account) 10.9 18.8 3+ withdrawals in a typical month (% with an account) 80.6 71.7 ATM is the main mode of deposit (% with an account) 81.7 26.2 Bank teller is the main mode of deposit (% with an account) 18.0 53.7 Bank agent is the main mode of deposit (% with an account) 0.0 3.0 ATM is the main mode of withdrawal (% with an account) 90.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 8.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.0 0.8 Has debit card 28.6 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.9 24.4 Use an account to receive wages 52.5 49.5 Use an account to receive government payments 48.5 42.0 Use an account to receive remittances 9.7 13.2 Use an account to send remittances 12.3 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 9.8 .. Use a mobile phone to send money 5.8 .. Use a mobile phone to receive money 1.4 .. Savings (%, age 15+) Saved any money in the past year 60.9 58.3 Saved at a formal financial institution in the past year 58.4 44.6 Saved using a savings club in the past year 0.5 5.4 Saved for future expenses in the past year 39.0 37.4 Saved for emergencies in the past year 54.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.0 13.8 Loan from family or friends in the past year 15.6 12.3 Loan from an informal private lender in the past year 1.7 2.3 Outstanding loan to purchase a home 18.9 23.8 Outstanding loan for home construction 13.4 .. Outstanding loan to pay school fees 5.7 .. Outstanding loan for health or emergencies 12.0 .. Outstanding loan for funerals or weddings 5.2 .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 131 Slovak Republic High income Population (millions) 5.4 GNI per capita ($) 16,840 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 79.6 89.4 Male adults (%, age 15+) 80.3 91.7 Female adults (%, age 15+) 78.9 87.3 Young adults (%, ages 15–24) 59.5 76.8 Older adults (%, age 25+) 83.2 92.2 Adults with a primary education or less (%, age 15+) 49.2 72.9 Adults with a secondary education or more (%, age 15+) 87.8 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 73.2 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 83.8 92.1 Adults living in a rural area (%, age 15+) 78.5 87.0 Adults living in an urban area (%, age 15+) 82.5 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.2 2.1 0 deposits in a typical month (% with an account) 2.7 6.4 1–2 deposits in a typical month (% with an account) 80.1 56.1 3+ deposits in a typical month (% with an account) 13.8 34.0 0 withdrawals in a typical month (% with an account) 5.0 3.9 1–2 withdrawals in a typical month (% with an account) 26.5 18.8 3+ withdrawals in a typical month (% with an account) 63.6 71.7 ATM is the main mode of deposit (% with an account) 2.6 26.2 Bank teller is the main mode of deposit (% with an account) 65.4 53.7 Bank agent is the main mode of deposit (% with an account) 6.7 3.0 ATM is the main mode of withdrawal (% with an account) 84.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 12.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.2 0.8 Has debit card 68.3 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.4 24.4 Use an account to receive wages 55.2 49.5 Use an account to receive government payments 10.8 42.0 Use an account to receive remittances 4.1 13.2 Use an account to send remittances 4.5 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.6 .. Use a mobile phone to send money 3.9 .. Use a mobile phone to receive money 4.3 .. Savings (%, age 15+) Saved any money in the past year 49.3 58.3 Saved at a formal financial institution in the past year 36.8 44.6 Saved using a savings club in the past year 1.6 5.4 Saved for future expenses in the past year 33.2 37.4 Saved for emergencies in the past year 40.2 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.4 13.8 Loan from family or friends in the past year 17.9 12.3 Loan from an informal private lender in the past year 0.8 2.3 Outstanding loan to purchase a home 7.5 23.8 Outstanding loan for home construction 13.3 .. Outstanding loan to pay school fees 1.3 .. Outstanding loan for health or emergencies 2.9 .. Outstanding loan for funerals or weddings 1.6 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 132 2012 The Little Data Book on Financial Inclusion Slovenia High income Population (millions) 2.0 GNI per capita ($) 23,900 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 97.1 89.4 Male adults (%, age 15+) 96.1 91.7 Female adults (%, age 15+) 98.1 87.3 Young adults (%, ages 15–24) 98.5 76.8 Older adults (%, age 25+) 96.8 92.2 Adults with a primary education or less (%, age 15+) 94.5 72.9 Adults with a secondary education or more (%, age 15+) 97.7 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 94.6 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.0 92.1 Adults living in a rural area (%, age 15+) 97.1 87.0 Adults living in an urban area (%, age 15+) 97.3 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.9 2.1 0 deposits in a typical month (% with an account) 2.6 6.4 1–2 deposits in a typical month (% with an account) 81.1 56.1 3+ deposits in a typical month (% with an account) 15.3 34.0 0 withdrawals in a typical month (% with an account) 2.4 3.9 1–2 withdrawals in a typical month (% with an account) 20.1 18.8 3+ withdrawals in a typical month (% with an account) 75.9 71.7 ATM is the main mode of deposit (% with an account) 7.3 26.2 Bank teller is the main mode of deposit (% with an account) 62.1 53.7 Bank agent is the main mode of deposit (% with an account) 2.5 3.0 ATM is the main mode of withdrawal (% with an account) 78.1 68.7 Bank teller is the main mode of withdrawal (% with an account) 18.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.4 0.8 Has debit card 91.9 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 18.6 24.4 Use an account to receive wages 41.9 49.5 Use an account to receive government payments 38.7 42.0 Use an account to receive remittances 9.0 13.2 Use an account to send remittances 8.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 56.1 58.3 Saved at a formal financial institution in the past year 28.9 44.6 Saved using a savings club in the past year 6.3 5.4 Saved for future expenses in the past year 26.8 37.4 Saved for emergencies in the past year 35.1 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 12.8 13.8 Loan from family or friends in the past year 12.9 12.3 Loan from an informal private lender in the past year 0.4 2.3 Outstanding loan to purchase a home 10.3 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 133 Somalia Sub-Saharan Africa Low income Population (millions) 9.3 GNI per capita ($) .. Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 31.0 24.1 23.7 Male adults (%, age 15+) 34.6 26.7 27.0 Female adults (%, age 15+) 27.3 21.4 20.5 Young adults (%, ages 15–24) 28.8 16.8 15.6 Older adults (%, age 25+) 31.8 27.7 28.2 Adults with a primary education or less (%, age 15+) 16.0 14.0 16.2 Adults with a secondary education or more (%, age 15+) 61.1 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 11.9 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 42.8 31.9 29.4 Adults living in a rural area (%, age 15+) 10.9 20.7 22.0 Adults living in an urban area (%, age 15+) 57.0 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.4 3.8 5.4 0 deposits in a typical month (% with an account) 2.7 6.3 8.3 1–2 deposits in a typical month (% with an account) 41.3 69.5 64.7 3+ deposits in a typical month (% with an account) 56.0 21.9 23.1 0 withdrawals in a typical month (% with an account) 1.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 32.2 63.3 59.1 3+ withdrawals in a typical month (% with an account) 66.5 23.0 16.1 ATM is the main mode of deposit (% with an account) 20.6 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 60.5 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 1.0 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 26.8 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 56.0 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 1.7 2.5 5.4 Has debit card 15.6 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.9 5.3 4.6 Use an account to receive wages 15.8 9.9 5.9 Use an account to receive government payments 5.0 5.7 2.5 Use an account to receive remittances 20.5 9.1 4.7 Use an account to send remittances 19.1 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 26.2 3.0 2.6 Use a mobile phone to send money 31.7 11.2 7.1 Use a mobile phone to receive money 32.2 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 21.8 40.2 29.9 Saved at a formal financial institution in the past year 13.6 14.2 11.5 Saved using a savings club in the past year 8.6 19.3 8.2 Saved for future expenses in the past year 12.6 26.0 20.3 Saved for emergencies in the past year 14.7 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.6 4.7 11.4 Loan from family or friends in the past year 26.2 39.9 30.2 Loan from an informal private lender in the past year 8.0 5.4 7.0 Outstanding loan to purchase a home 5.4 2.0 2.4 Outstanding loan for home construction 5.2 4.4 6.3 Outstanding loan to pay school fees 14.5 9.0 6.9 Outstanding loan for health or emergencies 18.8 15.1 16.1 Outstanding loan for funerals or weddings 10.5 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.5 3.2 2.2 134 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa South Africa Upper middle income Population (millions) 50.0 GNI per capita ($) 6,090 Sub- Upper Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 53.6 24.1 57.2 Male adults (%, age 15+) 56.4 26.7 61.4 Female adults (%, age 15+) 51.0 21.4 53.1 Young adults (%, ages 15–24) 40.8 16.8 51.7 Older adults (%, age 25+) 58.7 27.7 58.2 Adults with a primary education or less (%, age 15+) 42.6 14.0 47.5 Adults with a secondary education or more (%, age 15+) 58.3 36.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 41.1 13.9 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 62.9 31.9 67.6 Adults living in a rural area (%, age 15+) 46.3 20.7 51.7 Adults living in an urban area (%, age 15+) 67.7 39.7 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.2 3.8 11.8 0 deposits in a typical month (% with an account) 3.0 6.3 18.1 1–2 deposits in a typical month (% with an account) 79.2 69.5 64.9 3+ deposits in a typical month (% with an account) 17.8 21.9 9.6 0 withdrawals in a typical month (% with an account) 4.3 11.7 17.6 1–2 withdrawals in a typical month (% with an account) 65.6 63.3 54.7 3+ withdrawals in a typical month (% with an account) 30.1 23.0 19.2 ATM is the main mode of deposit (% with an account) 13.8 6.6 17.7 Bank teller is the main mode of deposit (% with an account) 71.4 84.0 66.4 Bank agent is the main mode of deposit (% with an account) 0.2 2.7 1.2 ATM is the main mode of withdrawal (% with an account) 88.9 42.0 46.1 Bank teller is the main mode of withdrawal (% with an account) 7.9 49.2 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.2 2.5 0.7 Has debit card 45.3 15.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.2 5.3 4.0 Use an account to receive wages 23.3 9.9 21.3 Use an account to receive government payments 20.1 5.7 9.0 Use an account to receive remittances 18.3 9.1 8.0 Use an account to send remittances 10.0 6.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.4 3.0 1.7 Use a mobile phone to send money 5.4 11.2 0.9 Use a mobile phone to receive money 9.4 14.5 1.1 Savings (%, age 15+) Saved any money in the past year 31.5 40.2 33.7 Saved at a formal financial institution in the past year 22.1 14.2 24.2 Saved using a savings club in the past year 13.5 19.3 2.8 Saved for future expenses in the past year 18.3 26.0 22.0 Saved for emergencies in the past year 24.8 31.3 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.9 4.7 7.8 Loan from family or friends in the past year 34.3 39.9 22.8 Loan from an informal private lender in the past year 6.8 5.4 1.5 Outstanding loan to purchase a home 4.3 2.0 4.0 Outstanding loan for home construction 5.8 4.4 4.9 Outstanding loan to pay school fees 6.0 9.0 3.8 Outstanding loan for health or emergencies 7.3 15.1 6.6 Outstanding loan for funerals or weddings 3.1 4.6 1.2 Insurance (%, age 15+) Personally paid for health insurance 7.4 3.2 31.3 The Little Data Book on Financial Inclusion 2012 135 Spain High income Population (millions) 46.1 GNI per capita ($) 31,750 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 93.3 89.4 Male adults (%, age 15+) 95.2 91.7 Female adults (%, age 15+) 91.7 87.3 Young adults (%, ages 15–24) 78.4 76.8 Older adults (%, age 25+) 95.5 92.2 Adults with a primary education or less (%, age 15+) 87.6 72.9 Adults with a secondary education or more (%, age 15+) 95.2 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 92.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 93.7 92.1 Adults living in a rural area (%, age 15+) 92.8 87.0 Adults living in an urban area (%, age 15+) 93.8 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.6 2.1 0 deposits in a typical month (% with an account) 7.1 6.4 1–2 deposits in a typical month (% with an account) 79.7 56.1 3+ deposits in a typical month (% with an account) 10.9 34.0 0 withdrawals in a typical month (% with an account) 4.3 3.9 1–2 withdrawals in a typical month (% with an account) 26.0 18.8 3+ withdrawals in a typical month (% with an account) 65.8 71.7 ATM is the main mode of deposit (% with an account) 12.9 26.2 Bank teller is the main mode of deposit (% with an account) 72.3 53.7 Bank agent is the main mode of deposit (% with an account) 2.7 3.0 ATM is the main mode of withdrawal (% with an account) 64.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 31.2 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 62.2 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 40.1 24.4 Use an account to receive wages 54.0 49.5 Use an account to receive government payments 42.6 42.0 Use an account to receive remittances 7.8 13.2 Use an account to send remittances 9.6 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 46.3 58.3 Saved at a formal financial institution in the past year 35.0 44.6 Saved using a savings club in the past year 1.5 5.4 Saved for future expenses in the past year 29.7 37.4 Saved for emergencies in the past year 39.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.4 13.8 Loan from family or friends in the past year 11.9 12.3 Loan from an informal private lender in the past year 0.4 2.3 Outstanding loan to purchase a home 31.6 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 136 2012 The Little Data Book on Financial Inclusion South Asia Sri Lanka Lower middle income Population (millions) 20.9 GNI per capita ($) 2,240 Lower Country South middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 68.5 33.0 28.4 Male adults (%, age 15+) 70.0 40.7 33.9 Female adults (%, age 15+) 67.2 25.0 22.9 Young adults (%, ages 15–24) 68.7 24.7 21.5 Older adults (%, age 25+) 68.7 36.6 31.2 Adults with a primary education or less (%, age 15+) 62.9 27.8 20.8 Adults with a secondary education or more (%, age 15+) 76.4 54.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 58.3 25.3 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 77.9 41.0 36.3 Adults living in a rural area (%, age 15+) 67.7 30.8 25.3 Adults living in an urban area (%, age 15+) 72.4 39.2 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 13.7 6.6 6.8 0 deposits in a typical month (% with an account) 18.0 11.7 11.6 1–2 deposits in a typical month (% with an account) 66.7 70.5 70.9 3+ deposits in a typical month (% with an account) 5.5 12.9 11.8 0 withdrawals in a typical month (% with an account) 20.3 15.9 13.7 1–2 withdrawals in a typical month (% with an account) 58.2 66.4 64.4 3+ withdrawals in a typical month (% with an account) 9.5 11.9 15.1 ATM is the main mode of deposit (% with an account) 3.2 2.0 4.5 Bank teller is the main mode of deposit (% with an account) 90.5 85.3 80.2 Bank agent is the main mode of deposit (% with an account) 0.4 5.3 4.0 ATM is the main mode of withdrawal (% with an account) 15.4 18.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 75.6 68.6 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 4.0 3.0 Has debit card 10.0 7.2 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.6 4.0 4.1 Use an account to receive wages 7.4 7.4 8.5 Use an account to receive government payments 2.9 3.5 3.9 Use an account to receive remittances 5.4 2.0 3.7 Use an account to send remittances 3.3 1.6 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.4 2.0 2.0 Use a mobile phone to send money 1.9 0.8 2.4 Use a mobile phone to receive money 0.7 1.9 3.8 Savings (%, age 15+) Saved any money in the past year 36.3 21.3 27.6 Saved at a formal financial institution in the past year 28.1 11.1 11.1 Saved using a savings club in the past year 9.0 3.3 7.2 Saved for future expenses in the past year 21.9 15.5 19.9 Saved for emergencies in the past year 31.1 17.2 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 17.7 8.7 7.3 Loan from family or friends in the past year 12.7 19.5 26.6 Loan from an informal private lender in the past year 3.2 6.4 5.3 Outstanding loan to purchase a home 3.6 2.4 2.2 Outstanding loan for home construction 9.8 4.4 4.7 Outstanding loan to pay school fees 2.2 4.9 6.8 Outstanding loan for health or emergencies 12.2 14.1 14.8 Outstanding loan for funerals or weddings 2.4 3.9 3.9 Insurance (%, age 15+) Personally paid for health insurance 7.5 5.5 5.1 The Little Data Book on Financial Inclusion 2012 137 Sudan Sub-Saharan Africa Lower middle income Population (millions) 43.6 GNI per capita ($) 1,270 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 6.9 24.1 28.4 Male adults (%, age 15+) 9.4 26.7 33.9 Female adults (%, age 15+) 4.4 21.4 22.9 Young adults (%, ages 15–24) 4.3 16.8 21.5 Older adults (%, age 25+) 7.6 27.7 31.2 Adults with a primary education or less (%, age 15+) 3.5 14.0 20.8 Adults with a secondary education or more (%, age 15+) 16.1 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 3.5 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 10.9 31.9 36.3 Adults living in a rural area (%, age 15+) 7.0 20.7 25.3 Adults living in an urban area (%, age 15+) 6.7 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 8.4 3.8 6.8 0 deposits in a typical month (% with an account) 18.1 6.3 11.6 1–2 deposits in a typical month (% with an account) 62.8 69.5 70.9 3+ deposits in a typical month (% with an account) 19.2 21.9 11.8 0 withdrawals in a typical month (% with an account) 15.8 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 48.6 63.3 64.4 3+ withdrawals in a typical month (% with an account) 35.6 23.0 15.1 ATM is the main mode of deposit (% with an account) 20.5 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 65.3 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 1.4 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 61.1 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 23.1 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.2 2.5 3.0 Has debit card 3.3 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.8 5.3 4.1 Use an account to receive wages 2.9 9.9 8.5 Use an account to receive government payments 2.2 5.7 3.9 Use an account to receive remittances 2.3 9.1 3.7 Use an account to send remittances 3.6 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.0 3.0 2.0 Use a mobile phone to send money 30.5 11.2 2.4 Use a mobile phone to receive money 44.7 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 22.7 40.2 27.6 Saved at a formal financial institution in the past year 3.4 14.2 11.1 Saved using a savings club in the past year 8.8 19.3 7.2 Saved for future expenses in the past year 15.6 26.0 19.9 Saved for emergencies in the past year 18.3 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.8 4.7 7.3 Loan from family or friends in the past year 47.4 39.9 26.6 Loan from an informal private lender in the past year 11.1 5.4 5.3 Outstanding loan to purchase a home 6.2 2.0 2.2 Outstanding loan for home construction 12.6 4.4 4.7 Outstanding loan to pay school fees 22.9 9.0 6.8 Outstanding loan for health or emergencies 30.4 15.1 14.8 Outstanding loan for funerals or weddings 9.4 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 9.5 3.2 5.1 138 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Swaziland Lower middle income Population (millions) 1.1 GNI per capita ($) 2,950 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 28.6 24.1 28.4 Male adults (%, age 15+) 29.7 26.7 33.9 Female adults (%, age 15+) 27.4 21.4 22.9 Young adults (%, ages 15–24) 20.8 16.8 21.5 Older adults (%, age 25+) 33.0 27.7 31.2 Adults with a primary education or less (%, age 15+) 10.5 14.0 20.8 Adults with a secondary education or more (%, age 15+) 38.5 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 15.9 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 38.3 31.9 36.3 Adults living in a rural area (%, age 15+) 27.6 20.7 25.3 Adults living in an urban area (%, age 15+) 41.6 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.2 3.8 6.8 0 deposits in a typical month (% with an account) 1.9 6.3 11.6 1–2 deposits in a typical month (% with an account) 63.8 69.5 70.9 3+ deposits in a typical month (% with an account) 34.1 21.9 11.8 0 withdrawals in a typical month (% with an account) 2.4 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 56.0 63.3 64.4 3+ withdrawals in a typical month (% with an account) 41.6 23.0 15.1 ATM is the main mode of deposit (% with an account) 15.7 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 81.2 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 0.8 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 83.8 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 15.1 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.1 2.5 3.0 Has debit card 21.0 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 6.9 5.3 4.1 Use an account to receive wages 13.6 9.9 8.5 Use an account to receive government payments 8.8 5.7 3.9 Use an account to receive remittances 15.5 9.1 3.7 Use an account to send remittances 11.3 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.7 3.0 2.0 Use a mobile phone to send money 16.2 11.2 2.4 Use a mobile phone to receive money 16.4 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 32.2 40.2 27.6 Saved at a formal financial institution in the past year 17.8 14.2 11.1 Saved using a savings club in the past year 8.4 19.3 7.2 Saved for future expenses in the past year 20.2 26.0 19.9 Saved for emergencies in the past year 20.1 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.5 4.7 7.3 Loan from family or friends in the past year 50.7 39.9 26.6 Loan from an informal private lender in the past year 11.4 5.4 5.3 Outstanding loan to purchase a home 6.0 2.0 2.2 Outstanding loan for home construction 5.6 4.4 4.7 Outstanding loan to pay school fees 15.2 9.0 6.8 Outstanding loan for health or emergencies 10.0 15.1 14.8 Outstanding loan for funerals or weddings 8.3 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 8.1 3.2 5.1 The Little Data Book on Financial Inclusion 2012 139 Sweden High income Population (millions) 9.4 GNI per capita ($) 50,100 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 99.0 89.4 Male adults (%, age 15+) 99.0 91.7 Female adults (%, age 15+) 99.0 87.3 Young adults (%, ages 15–24) 96.1 76.8 Older adults (%, age 25+) 99.5 92.2 Adults with a primary education or less (%, age 15+) 98.5 72.9 Adults with a secondary education or more (%, age 15+) 99.1 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 97.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 99.7 92.1 Adults living in a rural area (%, age 15+) 99.2 87.0 Adults living in an urban area (%, age 15+) 98.7 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.1 2.1 0 deposits in a typical month (% with an account) 1.0 6.4 1–2 deposits in a typical month (% with an account) 69.4 56.1 3+ deposits in a typical month (% with an account) 27.9 34.0 0 withdrawals in a typical month (% with an account) 0.1 3.9 1–2 withdrawals in a typical month (% with an account) 7.9 18.8 3+ withdrawals in a typical month (% with an account) 88.6 71.7 ATM is the main mode of deposit (% with an account) 4.4 26.2 Bank teller is the main mode of deposit (% with an account) 46.5 53.7 Bank agent is the main mode of deposit (% with an account) 4.5 3.0 ATM is the main mode of withdrawal (% with an account) 75.8 68.7 Bank teller is the main mode of withdrawal (% with an account) 4.4 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.3 0.8 Has debit card 95.5 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 13.5 24.4 Use an account to receive wages 65.9 49.5 Use an account to receive government payments 62.1 42.0 Use an account to receive remittances 28.9 13.2 Use an account to send remittances 38.0 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 82.8 58.3 Saved at a formal financial institution in the past year 63.6 44.6 Saved using a savings club in the past year 5.9 5.4 Saved for future expenses in the past year 52.9 37.4 Saved for emergencies in the past year 51.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 23.4 13.8 Loan from family or friends in the past year 12.2 12.3 Loan from an informal private lender in the past year 1.5 2.3 Outstanding loan to purchase a home 53.5 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 140 2012 The Little Data Book on Financial Inclusion Syrian Arab Republic Middle East & North Africa Lower middle income Population (millions) 20.4 GNI per capita ($) 2,750 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 23.3 17.7 28.4 Male adults (%, age 15+) 26.8 23.1 33.9 Female adults (%, age 15+) 19.6 12.5 22.9 Young adults (%, ages 15–24) 22.2 12.3 21.5 Older adults (%, age 25+) 23.4 20.3 31.2 Adults with a primary education or less (%, age 15+) 22.7 13.1 20.8 Adults with a secondary education or more (%, age 15+) 24.3 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 22.0 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 24.3 17.3 36.3 Adults living in a rural area (%, age 15+) 21.7 10.5 25.3 Adults living in an urban area (%, age 15+) 26.7 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.2 19.1 6.8 0 deposits in a typical month (% with an account) 0.2 30.8 11.6 1–2 deposits in a typical month (% with an account) 48.7 50.8 70.9 3+ deposits in a typical month (% with an account) 51.2 14.6 11.8 0 withdrawals in a typical month (% with an account) 0.4 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 52.3 50.2 64.4 3+ withdrawals in a typical month (% with an account) 47.4 19.3 15.1 ATM is the main mode of deposit (% with an account) 0.0 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 99.6 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 23.6 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 75.5 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.7 1.2 3.0 Has debit card 6.2 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.8 4.7 4.1 Use an account to receive wages 2.7 6.0 8.5 Use an account to receive government payments 0.2 3.1 3.9 Use an account to receive remittances 1.3 2.7 3.7 Use an account to send remittances 1.0 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.0 2.0 Use a mobile phone to send money 0.0 1.3 2.4 Use a mobile phone to receive money 0.0 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 48.3 20.0 27.6 Saved at a formal financial institution in the past year 5.1 4.5 11.1 Saved using a savings club in the past year 0.7 3.6 7.2 Saved for future expenses in the past year 48.3 13.9 19.9 Saved for emergencies in the past year 48.3 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 13.1 5.1 7.3 Loan from family or friends in the past year 20.1 31.1 26.6 Loan from an informal private lender in the past year 16.9 4.7 5.3 Outstanding loan to purchase a home 5.3 4.5 2.2 Outstanding loan for home construction 9.0 7.7 4.7 Outstanding loan to pay school fees 3.6 5.8 6.8 Outstanding loan for health or emergencies 2.5 15.7 14.8 Outstanding loan for funerals or weddings 7.8 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 9.5 2.5 5.1 The Little Data Book on Financial Inclusion 2012 141 Tajikistan Europe & Central Asia Low income Population (millions) 6.9 GNI per capita ($) 800 Europe & Country Central Low data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 2.5 44.9 23.7 Male adults (%, age 15+) 3.0 49.9 27.0 Female adults (%, age 15+) 2.1 40.0 20.5 Young adults (%, ages 15–24) 2.2 31.9 15.6 Older adults (%, age 25+) 2.8 48.4 28.2 Adults with a primary education or less (%, age 15+) 0.8 25.6 16.2 Adults with a secondary education or more (%, age 15+) 3.1 51.4 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 2.0 36.5 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 2.9 51.1 29.4 Adults living in a rural area (%, age 15+) 1.7 41.6 22.0 Adults living in an urban area (%, age 15+) 9.9 50.4 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.3 4.0 5.4 0 deposits in a typical month (% with an account) 8.3 6.5 8.3 1–2 deposits in a typical month (% with an account) 81.7 80.8 64.7 3+ deposits in a typical month (% with an account) 0.0 5.4 23.1 0 withdrawals in a typical month (% with an account) 20.0 6.9 21.2 1–2 withdrawals in a typical month (% with an account) 70.9 61.8 59.1 3+ withdrawals in a typical month (% with an account) 2.2 22.5 16.1 ATM is the main mode of deposit (% with an account) 35.0 22.4 4.3 Bank teller is the main mode of deposit (% with an account) 40.6 30.7 78.8 Bank agent is the main mode of deposit (% with an account) 10.9 1.6 9.1 ATM is the main mode of withdrawal (% with an account) 75.0 67.1 23.0 Bank teller is the main mode of withdrawal (% with an account) 25.0 20.4 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.0 5.4 Has debit card 1.8 36.4 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.1 5.3 4.6 Use an account to receive wages 1.7 27.3 5.9 Use an account to receive government payments 1.0 11.0 2.5 Use an account to receive remittances 0.6 4.8 4.7 Use an account to send remittances 0.1 3.0 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 25.7 3.0 2.6 Use a mobile phone to send money 2.1 2.5 7.1 Use a mobile phone to receive money 11.9 2.7 9.1 Savings (%, age 15+) Saved any money in the past year 13.8 20.4 29.9 Saved at a formal financial institution in the past year 0.3 7.0 11.5 Saved using a savings club in the past year 1.9 1.3 8.2 Saved for future expenses in the past year 9.6 12.8 20.3 Saved for emergencies in the past year 11.4 13.9 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.8 7.7 11.4 Loan from family or friends in the past year 25.4 28.2 30.2 Loan from an informal private lender in the past year 3.3 1.5 7.0 Outstanding loan to purchase a home 0.4 1.8 2.4 Outstanding loan for home construction 2.4 4.7 6.3 Outstanding loan to pay school fees 4.1 1.7 6.9 Outstanding loan for health or emergencies 4.1 3.6 16.1 Outstanding loan for funerals or weddings 3.7 1.4 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.8 4.5 2.2 142 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Tanzania Low income Population (millions) 44.8 GNI per capita ($) 530 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 17.3 24.1 23.7 Male adults (%, age 15+) 20.8 26.7 27.0 Female adults (%, age 15+) 13.8 21.4 20.5 Young adults (%, ages 15–24) 13.5 16.8 15.6 Older adults (%, age 25+) 19.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 7.4 14.0 16.2 Adults with a secondary education or more (%, age 15+) 40.8 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 5.7 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 25.0 31.9 29.4 Adults living in a rural area (%, age 15+) 14.2 20.7 22.0 Adults living in an urban area (%, age 15+) 40.6 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 7.3 3.8 5.4 0 deposits in a typical month (% with an account) 11.4 6.3 8.3 1–2 deposits in a typical month (% with an account) 73.2 69.5 64.7 3+ deposits in a typical month (% with an account) 15.0 21.9 23.1 0 withdrawals in a typical month (% with an account) 12.7 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 61.8 63.3 59.1 3+ withdrawals in a typical month (% with an account) 24.9 23.0 16.1 ATM is the main mode of deposit (% with an account) 9.3 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 81.7 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 5.7 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 69.9 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 21.7 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 5.5 2.5 5.4 Has debit card 12.0 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.9 5.3 4.6 Use an account to receive wages 7.1 9.9 5.9 Use an account to receive government payments 4.9 5.7 2.5 Use an account to receive remittances 7.5 9.1 4.7 Use an account to send remittances 5.8 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 5.5 3.0 2.6 Use a mobile phone to send money 14.0 11.2 7.1 Use a mobile phone to receive money 19.6 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 40.1 40.2 29.9 Saved at a formal financial institution in the past year 11.9 14.2 11.5 Saved using a savings club in the past year 8.3 19.3 8.2 Saved for future expenses in the past year 23.8 26.0 20.3 Saved for emergencies in the past year 35.7 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.6 4.7 11.4 Loan from family or friends in the past year 46.0 39.9 30.2 Loan from an informal private lender in the past year 6.0 5.4 7.0 Outstanding loan to purchase a home 4.4 2.0 2.4 Outstanding loan for home construction 7.7 4.4 6.3 Outstanding loan to pay school fees 11.6 9.0 6.9 Outstanding loan for health or emergencies 22.4 15.1 16.1 Outstanding loan for funerals or weddings 6.1 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 2.6 3.2 2.2 The Little Data Book on Financial Inclusion 2012 143 Thailand East Asia & Pacific Upper middle income Population (millions) 69.1 GNI per capita ($) 4,150 East Upper Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 72.7 54.9 57.2 Male adults (%, age 15+) 72.7 57.6 61.4 Female adults (%, age 15+) 72.6 52.3 53.1 Young adults (%, ages 15–24) 59.3 52.1 51.7 Older adults (%, age 25+) 75.0 54.9 58.2 Adults with a primary education or less (%, age 15+) 63.8 46.5 47.5 Adults with a secondary education or more (%, age 15+) 91.1 71.0 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 61.3 39.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 79.3 65.6 67.6 Adults living in a rural area (%, age 15+) 70.0 49.5 51.7 Adults living in an urban area (%, age 15+) 81.7 70.8 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 5.7 13.2 11.8 0 deposits in a typical month (% with an account) 7.1 19.1 18.1 1–2 deposits in a typical month (% with an account) 76.8 64.6 64.9 3+ deposits in a typical month (% with an account) 14.2 7.8 9.6 0 withdrawals in a typical month (% with an account) 8.9 20.5 17.6 1–2 withdrawals in a typical month (% with an account) 64.9 55.0 54.7 3+ withdrawals in a typical month (% with an account) 23.3 14.3 19.2 ATM is the main mode of deposit (% with an account) 3.4 13.9 17.7 Bank teller is the main mode of deposit (% with an account) 93.5 76.4 66.4 Bank agent is the main mode of deposit (% with an account) 0.3 2.5 1.2 ATM is the main mode of withdrawal (% with an account) 59.3 39.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 39.0 55.9 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.1 1.3 0.7 Has debit card 43.1 34.5 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.7 3.2 4.0 Use an account to receive wages 33.5 16.9 21.3 Use an account to receive government payments 9.1 6.3 9.0 Use an account to receive remittances 17.2 8.8 8.0 Use an account to send remittances 9.8 7.1 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.5 1.3 1.7 Use a mobile phone to send money 2.4 1.0 0.9 Use a mobile phone to receive money 1.9 1.2 1.1 Savings (%, age 15+) Saved any money in the past year 60.0 39.8 33.7 Saved at a formal financial institution in the past year 42.8 28.4 24.2 Saved using a savings club in the past year 5.2 4.3 2.8 Saved for future expenses in the past year 42.8 28.2 22.0 Saved for emergencies in the past year 58.1 29.6 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 19.4 8.6 7.8 Loan from family or friends in the past year 7.7 27.2 22.8 Loan from an informal private lender in the past year 2.3 1.9 1.5 Outstanding loan to purchase a home 5.1 4.4 4.0 Outstanding loan for home construction 8.3 5.4 4.9 Outstanding loan to pay school fees 11.2 5.8 3.8 Outstanding loan for health or emergencies 14.1 9.7 6.6 Outstanding loan for funerals or weddings 1.1 1.8 1.2 Insurance (%, age 15+) Personally paid for health insurance 24.1 36.8 31.3 144 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Togo Low income Population (millions) 6.0 GNI per capita ($) 490 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 10.2 24.1 23.7 Male adults (%, age 15+) 11.2 26.7 27.0 Female adults (%, age 15+) 9.2 21.4 20.5 Young adults (%, ages 15–24) 6.8 16.8 15.6 Older adults (%, age 25+) 12.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 6.5 14.0 16.2 Adults with a secondary education or more (%, age 15+) 20.4 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 6.1 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 12.6 31.9 29.4 Adults living in a rural area (%, age 15+) 7.1 20.7 22.0 Adults living in an urban area (%, age 15+) 19.6 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 6.1 3.8 5.4 0 deposits in a typical month (% with an account) 9.5 6.3 8.3 1–2 deposits in a typical month (% with an account) 68.9 69.5 64.7 3+ deposits in a typical month (% with an account) 12.9 21.9 23.1 0 withdrawals in a typical month (% with an account) 16.7 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 71.4 63.3 59.1 3+ withdrawals in a typical month (% with an account) 1.7 23.0 16.1 ATM is the main mode of deposit (% with an account) 1.6 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 87.3 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 6.7 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 4.9 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 80.1 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 6.4 2.5 5.4 Has debit card 1.2 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.4 5.3 4.6 Use an account to receive wages 2.8 9.9 5.9 Use an account to receive government payments 1.9 5.7 2.5 Use an account to receive remittances 1.3 9.1 4.7 Use an account to send remittances 0.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.4 3.0 2.6 Use a mobile phone to send money 0.2 11.2 7.1 Use a mobile phone to receive money 1.1 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 19.6 40.2 29.9 Saved at a formal financial institution in the past year 3.6 14.2 11.5 Saved using a savings club in the past year 3.6 19.3 8.2 Saved for future expenses in the past year 13.1 26.0 20.3 Saved for emergencies in the past year 11.1 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.8 4.7 11.4 Loan from family or friends in the past year 19.3 39.9 30.2 Loan from an informal private lender in the past year 1.9 5.4 7.0 Outstanding loan to purchase a home 2.1 2.0 2.4 Outstanding loan for home construction 2.7 4.4 6.3 Outstanding loan to pay school fees 11.4 9.0 6.9 Outstanding loan for health or emergencies 14.3 15.1 16.1 Outstanding loan for funerals or weddings 2.3 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.7 3.2 2.2 The Little Data Book on Financial Inclusion 2012 145 Trinidad and Tobago High income Population (millions) 1.3 GNI per capita ($) 15,380 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 75.9 89.4 Male adults (%, age 15+) 82.0 91.7 Female adults (%, age 15+) 69.9 87.3 Young adults (%, ages 15–24) 80.3 76.8 Older adults (%, age 25+) 74.6 92.2 Adults with a primary education or less (%, age 15+) 63.9 72.9 Adults with a secondary education or more (%, age 15+) 80.1 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 67.5 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 81.6 92.1 Adults living in a rural area (%, age 15+) 74.3 87.0 Adults living in an urban area (%, age 15+) 81.2 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.5 2.1 0 deposits in a typical month (% with an account) 5.6 6.4 1–2 deposits in a typical month (% with an account) 59.3 56.1 3+ deposits in a typical month (% with an account) 17.3 34.0 0 withdrawals in a typical month (% with an account) 10.4 3.9 1–2 withdrawals in a typical month (% with an account) 45.3 18.8 3+ withdrawals in a typical month (% with an account) 26.0 71.7 ATM is the main mode of deposit (% with an account) 26.3 26.2 Bank teller is the main mode of deposit (% with an account) 54.9 53.7 Bank agent is the main mode of deposit (% with an account) 0.2 3.0 ATM is the main mode of withdrawal (% with an account) 55.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 28.5 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 64.1 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 8.8 24.4 Use an account to receive wages 31.9 49.5 Use an account to receive government payments 18.6 42.0 Use an account to receive remittances 4.6 13.2 Use an account to send remittances 2.1 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.6 .. Use a mobile phone to send money 3.0 .. Use a mobile phone to receive money 1.4 .. Savings (%, age 15+) Saved any money in the past year 58.6 58.3 Saved at a formal financial institution in the past year 44.4 44.6 Saved using a savings club in the past year 9.5 5.4 Saved for future expenses in the past year 22.0 37.4 Saved for emergencies in the past year 50.5 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.4 13.8 Loan from family or friends in the past year 11.2 12.3 Loan from an informal private lender in the past year 1.3 2.3 Outstanding loan to purchase a home 1.5 23.8 Outstanding loan for home construction 2.5 .. Outstanding loan to pay school fees 3.3 .. Outstanding loan for health or emergencies 4.0 .. Outstanding loan for funerals or weddings 0.4 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 146 2012 The Little Data Book on Financial Inclusion Middle East & North Africa Tunisia Upper middle income Population (millions) 10.5 GNI per capita ($) 4,160 Middle Upper Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 32.2 17.7 57.2 Male adults (%, age 15+) 39.2 23.1 61.4 Female adults (%, age 15+) 25.2 12.5 53.1 Young adults (%, ages 15–24) 26.2 12.3 51.7 Older adults (%, age 25+) 35.0 20.3 58.2 Adults with a primary education or less (%, age 15+) 27.0 13.1 47.5 Adults with a secondary education or more (%, age 15+) 38.4 23.2 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 16.4 8.8 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 42.7 17.3 67.6 Adults living in a rural area (%, age 15+) 26.4 10.5 51.7 Adults living in an urban area (%, age 15+) 35.5 17.9 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 4.7 19.1 11.8 0 deposits in a typical month (% with an account) 8.3 30.8 18.1 1–2 deposits in a typical month (% with an account) 76.3 50.8 64.9 3+ deposits in a typical month (% with an account) 11.5 14.6 9.6 0 withdrawals in a typical month (% with an account) 6.3 24.4 17.6 1–2 withdrawals in a typical month (% with an account) 53.7 50.2 54.7 3+ withdrawals in a typical month (% with an account) 36.1 19.3 19.2 ATM is the main mode of deposit (% with an account) 2.1 6.0 17.7 Bank teller is the main mode of deposit (% with an account) 89.2 66.6 66.4 Bank agent is the main mode of deposit (% with an account) 0.8 4.2 1.2 ATM is the main mode of withdrawal (% with an account) 49.7 37.6 46.1 Bank teller is the main mode of withdrawal (% with an account) 43.7 51.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.4 1.2 0.7 Has debit card 21.0 9.1 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.1 4.7 4.0 Use an account to receive wages 5.6 6.0 21.3 Use an account to receive government payments 6.0 3.1 9.0 Use an account to receive remittances 3.3 2.7 8.0 Use an account to send remittances 2.4 2.3 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 1.0 1.7 Use a mobile phone to send money 0.0 1.3 0.9 Use a mobile phone to receive money 0.0 2.4 1.1 Savings (%, age 15+) Saved any money in the past year 25.1 20.0 33.7 Saved at a formal financial institution in the past year 5.0 4.5 24.2 Saved using a savings club in the past year 2.3 3.6 2.8 Saved for future expenses in the past year 12.0 13.9 22.0 Saved for emergencies in the past year 18.4 15.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 3.2 5.1 7.8 Loan from family or friends in the past year 21.2 31.1 22.8 Loan from an informal private lender in the past year 2.0 4.7 1.5 Outstanding loan to purchase a home 2.4 4.5 4.0 Outstanding loan for home construction 4.3 7.7 4.9 Outstanding loan to pay school fees 4.3 5.8 3.8 Outstanding loan for health or emergencies 11.6 15.7 6.6 Outstanding loan for funerals or weddings 3.5 5.5 1.2 Insurance (%, age 15+) Personally paid for health insurance 6.1 2.5 31.3 The Little Data Book on Financial Inclusion 2012 147 Turkey Europe & Central Asia Upper middle income Population (millions) 72.8 GNI per capita ($) 9,890 Europe & Upper Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 57.6 44.9 57.2 Male adults (%, age 15+) 82.1 49.9 61.4 Female adults (%, age 15+) 32.7 40.0 53.1 Young adults (%, ages 15–24) 43.8 31.9 51.7 Older adults (%, age 25+) 61.9 48.4 58.2 Adults with a primary education or less (%, age 15+) 50.9 25.6 47.5 Adults with a secondary education or more (%, age 15+) 65.2 51.4 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 49.9 36.5 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 63.1 51.1 67.6 Adults living in a rural area (%, age 15+) 56.0 41.6 51.7 Adults living in an urban area (%, age 15+) 58.5 50.4 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.8 4.0 11.8 0 deposits in a typical month (% with an account) 1.2 6.5 18.1 1–2 deposits in a typical month (% with an account) 89.6 80.8 64.9 3+ deposits in a typical month (% with an account) 8.9 5.4 9.6 0 withdrawals in a typical month (% with an account) 1.2 6.9 17.6 1–2 withdrawals in a typical month (% with an account) 76.9 61.8 54.7 3+ withdrawals in a typical month (% with an account) 21.1 22.5 19.2 ATM is the main mode of deposit (% with an account) 63.9 22.4 17.7 Bank teller is the main mode of deposit (% with an account) 27.3 30.7 66.4 Bank agent is the main mode of deposit (% with an account) 0.7 1.6 1.2 ATM is the main mode of withdrawal (% with an account) 89.1 67.1 46.1 Bank teller is the main mode of withdrawal (% with an account) 9.3 20.4 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.0 0.7 Has debit card 56.6 36.4 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 12.3 5.3 4.0 Use an account to receive wages 32.2 27.3 21.3 Use an account to receive government payments 18.2 11.0 9.0 Use an account to receive remittances 15.6 4.8 8.0 Use an account to send remittances 7.9 3.0 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 4.3 3.0 1.7 Use a mobile phone to send money 2.2 2.5 0.9 Use a mobile phone to receive money 2.1 2.7 1.1 Savings (%, age 15+) Saved any money in the past year 9.6 20.4 33.7 Saved at a formal financial institution in the past year 4.2 7.0 24.2 Saved using a savings club in the past year 1.3 1.3 2.8 Saved for future expenses in the past year 5.3 12.8 22.0 Saved for emergencies in the past year 8.2 13.9 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.6 7.7 7.8 Loan from family or friends in the past year 43.0 28.2 22.8 Loan from an informal private lender in the past year 0.4 1.5 1.5 Outstanding loan to purchase a home 1.4 1.8 4.0 Outstanding loan for home construction 1.8 4.7 4.9 Outstanding loan to pay school fees 3.1 1.7 3.8 Outstanding loan for health or emergencies 4.4 3.6 6.6 Outstanding loan for funerals or weddings 1.9 1.4 1.2 Insurance (%, age 15+) Personally paid for health insurance 4.4 4.5 31.3 148 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Turkmenistan Lower middle income Population (millions) 5.0 GNI per capita ($) 3,790 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 0.4 44.9 28.4 Male adults (%, age 15+) 0.0 49.9 33.9 Female adults (%, age 15+) 0.8 40.0 22.9 Young adults (%, ages 15–24) 0.0 31.9 21.5 Older adults (%, age 25+) 0.6 48.4 31.2 Adults with a primary education or less (%, age 15+) 0.0 25.6 20.8 Adults with a secondary education or more (%, age 15+) 0.5 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 0.1 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 0.7 51.1 36.3 Adults living in a rural area (%, age 15+) 0.0 41.6 25.3 Adults living in an urban area (%, age 15+) 1.7 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 18.5 4.0 6.8 0 deposits in a typical month (% with an account) 18.5 6.5 11.6 1–2 deposits in a typical month (% with an account) 81.5 80.8 70.9 3+ deposits in a typical month (% with an account) 0.0 5.4 11.8 0 withdrawals in a typical month (% with an account) 29.1 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 58.6 61.8 64.4 3+ withdrawals in a typical month (% with an account) 0.0 22.5 15.1 ATM is the main mode of deposit (% with an account) 0.0 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 70.3 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 48.0 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 33.4 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.0 3.0 Has debit card 0.3 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 0.0 5.3 4.1 Use an account to receive wages 0.3 27.3 8.5 Use an account to receive government payments 0.0 11.0 3.9 Use an account to receive remittances 0.0 4.8 3.7 Use an account to send remittances 0.0 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.0 3.0 2.0 Use a mobile phone to send money 0.0 2.5 2.4 Use a mobile phone to receive money 0.0 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 44.5 20.4 27.6 Saved at a formal financial institution in the past year 0.1 7.0 11.1 Saved using a savings club in the past year 1.1 1.3 7.2 Saved for future expenses in the past year 38.4 12.8 19.9 Saved for emergencies in the past year 23.4 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 0.8 7.7 7.3 Loan from family or friends in the past year 26.0 28.2 26.6 Loan from an informal private lender in the past year 2.8 1.5 5.3 Outstanding loan to purchase a home 0.7 1.8 2.2 Outstanding loan for home construction 2.3 4.7 4.7 Outstanding loan to pay school fees 0.6 1.7 6.8 Outstanding loan for health or emergencies 2.3 3.6 14.8 Outstanding loan for funerals or weddings 1.5 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.0 4.5 5.1 The Little Data Book on Financial Inclusion 2012 149 Uganda Sub-Saharan Africa Low income Population (millions) 33.4 GNI per capita ($) 500 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 20.5 24.1 23.7 Male adults (%, age 15+) 25.8 26.7 27.0 Female adults (%, age 15+) 15.1 21.4 20.5 Young adults (%, ages 15–24) 12.4 16.8 15.6 Older adults (%, age 25+) 26.1 27.7 28.2 Adults with a primary education or less (%, age 15+) 14.2 14.0 16.2 Adults with a secondary education or more (%, age 15+) 26.2 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 8.3 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 28.6 31.9 29.4 Adults living in a rural area (%, age 15+) 20.2 20.7 22.0 Adults living in an urban area (%, age 15+) 26.9 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.9 3.8 5.4 0 deposits in a typical month (% with an account) 3.6 6.3 8.3 1–2 deposits in a typical month (% with an account) 75.1 69.5 64.7 3+ deposits in a typical month (% with an account) 21.3 21.9 23.1 0 withdrawals in a typical month (% with an account) 6.9 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 77.5 63.3 59.1 3+ withdrawals in a typical month (% with an account) 15.6 23.0 16.1 ATM is the main mode of deposit (% with an account) 10.4 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 88.3 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 0.4 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 41.7 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 57.3 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.7 2.5 5.4 Has debit card 10.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 7.5 5.3 4.6 Use an account to receive wages 9.2 9.9 5.9 Use an account to receive government payments 3.2 5.7 2.5 Use an account to receive remittances 3.3 9.1 4.7 Use an account to send remittances 3.7 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.3 3.0 2.6 Use a mobile phone to send money 20.0 11.2 7.1 Use a mobile phone to receive money 25.2 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 44.4 40.2 29.9 Saved at a formal financial institution in the past year 16.3 14.2 11.5 Saved using a savings club in the past year 18.8 19.3 8.2 Saved for future expenses in the past year 33.0 26.0 20.3 Saved for emergencies in the past year 37.0 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.9 4.7 11.4 Loan from family or friends in the past year 46.5 39.9 30.2 Loan from an informal private lender in the past year 4.6 5.4 7.0 Outstanding loan to purchase a home 1.0 2.0 2.4 Outstanding loan for home construction 3.6 4.4 6.3 Outstanding loan to pay school fees 11.5 9.0 6.9 Outstanding loan for health or emergencies 11.3 15.1 16.1 Outstanding loan for funerals or weddings 1.9 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 0.7 3.2 2.2 150 2012 The Little Data Book on Financial Inclusion Europe & Central Asia Ukraine Lower middle income Population (millions) 45.9 GNI per capita ($) 3,000 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 41.3 44.9 28.4 Male adults (%, age 15+) 43.9 49.9 33.9 Female adults (%, age 15+) 39.2 40.0 22.9 Young adults (%, ages 15–24) 45.2 31.9 21.5 Older adults (%, age 25+) 39.9 48.4 31.2 Adults with a primary education or less (%, age 15+) 12.4 25.6 20.8 Adults with a secondary education or more (%, age 15+) 47.3 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 28.4 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 51.2 51.1 36.3 Adults living in a rural area (%, age 15+) 34.8 41.6 25.3 Adults living in an urban area (%, age 15+) 53.0 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.2 4.0 6.8 0 deposits in a typical month (% with an account) 3.4 6.5 11.6 1–2 deposits in a typical month (% with an account) 81.2 80.8 70.9 3+ deposits in a typical month (% with an account) 8.7 5.4 11.8 0 withdrawals in a typical month (% with an account) 4.7 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 65.9 61.8 64.4 3+ withdrawals in a typical month (% with an account) 21.8 22.5 15.1 ATM is the main mode of deposit (% with an account) 22.6 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 32.0 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 0.5 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 75.2 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 17.0 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 1.9 1.0 3.0 Has debit card 33.6 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.1 5.3 4.1 Use an account to receive wages 28.5 27.3 8.5 Use an account to receive government payments 8.1 11.0 3.9 Use an account to receive remittances 2.6 4.8 3.7 Use an account to send remittances 1.3 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.7 3.0 2.0 Use a mobile phone to send money 9.0 2.5 2.4 Use a mobile phone to receive money 7.8 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 25.0 20.4 27.6 Saved at a formal financial institution in the past year 5.4 7.0 11.1 Saved using a savings club in the past year 2.1 1.3 7.2 Saved for future expenses in the past year 18.4 12.8 19.9 Saved for emergencies in the past year 14.6 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 8.1 7.7 7.3 Loan from family or friends in the past year 37.3 28.2 26.6 Loan from an informal private lender in the past year 1.5 1.5 5.3 Outstanding loan to purchase a home 1.0 1.8 2.2 Outstanding loan for home construction 4.8 4.7 4.7 Outstanding loan to pay school fees 1.3 1.7 6.8 Outstanding loan for health or emergencies 2.1 3.6 14.8 Outstanding loan for funerals or weddings 1.1 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.7 4.5 5.1 The Little Data Book on Financial Inclusion 2012 151 United Arab Emirates High income Population (millions) 7.5 GNI per capita ($) 41,930 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 59.7 89.4 Male adults (%, age 15+) 68.8 91.7 Female adults (%, age 15+) 47.2 87.3 Young adults (%, ages 15–24) 26.3 76.8 Older adults (%, age 25+) 73.8 92.2 Adults with a primary education or less (%, age 15+) 42.6 72.9 Adults with a secondary education or more (%, age 15+) 61.3 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 57.5 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 61.5 92.1 Adults living in a rural area (%, age 15+) 74.6 87.0 Adults living in an urban area (%, age 15+) 59.9 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.2 2.1 0 deposits in a typical month (% with an account) 12.0 6.4 1–2 deposits in a typical month (% with an account) 59.2 56.1 3+ deposits in a typical month (% with an account) 22.1 34.0 0 withdrawals in a typical month (% with an account) 0.2 3.9 1–2 withdrawals in a typical month (% with an account) 32.2 18.8 3+ withdrawals in a typical month (% with an account) 57.6 71.7 ATM is the main mode of deposit (% with an account) 44.0 26.2 Bank teller is the main mode of deposit (% with an account) 39.7 53.7 Bank agent is the main mode of deposit (% with an account) 2.9 3.0 ATM is the main mode of withdrawal (% with an account) 86.2 68.7 Bank teller is the main mode of withdrawal (% with an account) 6.8 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.1 0.8 Has debit card 55.4 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.6 24.4 Use an account to receive wages 29.1 49.5 Use an account to receive government payments 23.4 42.0 Use an account to receive remittances 5.8 13.2 Use an account to send remittances 14.0 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 11.7 .. Use a mobile phone to send money 8.3 .. Use a mobile phone to receive money 6.2 .. Savings (%, age 15+) Saved any money in the past year 30.1 58.3 Saved at a formal financial institution in the past year 19.2 44.6 Saved using a savings club in the past year 4.6 5.4 Saved for future expenses in the past year 23.3 37.4 Saved for emergencies in the past year 26.0 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 10.8 13.8 Loan from family or friends in the past year 23.5 12.3 Loan from an informal private lender in the past year 2.3 2.3 Outstanding loan to purchase a home 17.9 23.8 Outstanding loan for home construction 11.4 .. Outstanding loan to pay school fees 20.2 .. Outstanding loan for health or emergencies 8.5 .. Outstanding loan for funerals or weddings 3.3 .. Insurance (%, age 15+) Personally paid for health insurance .. .. 152 2012 The Little Data Book on Financial Inclusion United Kingdom High income Population (millions) 62.2 GNI per capita ($) 38,200 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 96.9 89.4 Male adults (%, age 15+) 96.2 91.7 Female adults (%, age 15+) 97.6 87.3 Young adults (%, ages 15–24) 90.0 76.8 Older adults (%, age 25+) 98.0 92.2 Adults with a primary education or less (%, age 15+) 89.6 72.9 Adults with a secondary education or more (%, age 15+) 98.4 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 96.1 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 97.6 92.1 Adults living in a rural area (%, age 15+) .. 87.0 Adults living in an urban area (%, age 15+) .. 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.4 2.1 0 deposits in a typical month (% with an account) 3.5 6.4 1–2 deposits in a typical month (% with an account) 46.2 56.1 3+ deposits in a typical month (% with an account) 46.3 34.0 0 withdrawals in a typical month (% with an account) 2.2 3.9 1–2 withdrawals in a typical month (% with an account) 9.3 18.8 3+ withdrawals in a typical month (% with an account) 84.6 71.7 ATM is the main mode of deposit (% with an account) 7.7 26.2 Bank teller is the main mode of deposit (% with an account) 76.9 53.7 Bank agent is the main mode of deposit (% with an account) 2.8 3.0 ATM is the main mode of withdrawal (% with an account) 69.5 68.7 Bank teller is the main mode of withdrawal (% with an account) 18.9 23.3 Bank agent is the main mode of withdrawal (% with an account) 1.4 0.8 Has debit card 86.4 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 34.5 24.4 Use an account to receive wages 53.6 49.5 Use an account to receive government payments 52.6 42.0 Use an account to receive remittances 21.3 13.2 Use an account to send remittances 22.4 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 55.3 58.3 Saved at a formal financial institution in the past year 42.1 44.6 Saved using a savings club in the past year 4.9 5.4 Saved for future expenses in the past year 30.3 37.4 Saved for emergencies in the past year 39.8 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 11.9 13.8 Loan from family or friends in the past year 14.7 12.3 Loan from an informal private lender in the past year 2.1 2.3 Outstanding loan to purchase a home 29.3 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. The Little Data Book on Financial Inclusion 2012 153 United States High income Population (millions) 309.3 GNI per capita ($) 47,340 Country High data income Account at a Formal Financial Institution All adults (%, age 15+) 88.0 89.4 Male adults (%, age 15+) 92.0 91.7 Female adults (%, age 15+) 84.1 87.3 Young adults (%, ages 15–24) 76.1 76.8 Older adults (%, age 25+) 90.8 92.2 Adults with a primary education or less (%, age 15+) 47.2 72.9 Adults with a secondary education or more (%, age 15+) 89.9 92.3 Adults in income quintiles I (lowest) and II (%, age 15+) 81.9 85.8 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 93.3 92.1 Adults living in a rural area (%, age 15+) 86.6 87.0 Adults living in an urban area (%, age 15+) 89.5 89.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.2 2.1 0 deposits in a typical month (% with an account) 4.1 6.4 1–2 deposits in a typical month (% with an account) 39.2 56.1 3+ deposits in a typical month (% with an account) 55.2 34.0 0 withdrawals in a typical month (% with an account) 2.6 3.9 1–2 withdrawals in a typical month (% with an account) 7.0 18.8 3+ withdrawals in a typical month (% with an account) 86.8 71.7 ATM is the main mode of deposit (% with an account) 16.2 26.2 Bank teller is the main mode of deposit (% with an account) 67.9 53.7 Bank agent is the main mode of deposit (% with an account) 5.5 3.0 ATM is the main mode of withdrawal (% with an account) 55.0 68.7 Bank teller is the main mode of withdrawal (% with an account) 33.7 23.3 Bank agent is the main mode of withdrawal (% with an account) 0.7 0.8 Has debit card 71.8 61.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 33.9 24.4 Use an account to receive wages 50.8 49.5 Use an account to receive government payments 44.3 42.0 Use an account to receive remittances 12.2 13.2 Use an account to send remittances 19.8 18.1 Mobile Payments (%, age 15+) Use a mobile phone to pay bills .. .. Use a mobile phone to send money .. .. Use a mobile phone to receive money .. .. Savings (%, age 15+) Saved any money in the past year 66.8 58.3 Saved at a formal financial institution in the past year 50.4 44.6 Saved using a savings club in the past year 6.4 5.4 Saved for future expenses in the past year 43.5 37.4 Saved for emergencies in the past year 54.7 44.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 20.1 13.8 Loan from family or friends in the past year 17.2 12.3 Loan from an informal private lender in the past year 4.9 2.3 Outstanding loan to purchase a home 31.2 23.8 Outstanding loan for home construction .. .. Outstanding loan to pay school fees .. .. Outstanding loan for health or emergencies .. .. Outstanding loan for funerals or weddings .. .. Insurance (%, age 15+) Personally paid for health insurance .. .. 154 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Uruguay Upper middle income Population (millions) 3.4 GNI per capita ($) 10,230 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 23.5 39.2 57.2 Male adults (%, age 15+) 23.2 44.0 61.4 Female adults (%, age 15+) 23.8 34.7 53.1 Young adults (%, ages 15–24) 12.4 26.0 51.7 Older adults (%, age 25+) 26.1 43.6 58.2 Adults with a primary education or less (%, age 15+) 11.0 27.8 47.5 Adults with a secondary education or more (%, age 15+) 34.7 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 10.5 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 32.2 49.1 67.6 Adults living in a rural area (%, age 15+) 14.4 33.6 51.7 Adults living in an urban area (%, age 15+) 27.4 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 10.2 6.0 11.8 0 deposits in a typical month (% with an account) 33.5 13.0 18.1 1–2 deposits in a typical month (% with an account) 41.3 63.3 64.9 3+ deposits in a typical month (% with an account) 7.8 17.7 9.6 0 withdrawals in a typical month (% with an account) 14.2 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 35.2 53.1 54.7 3+ withdrawals in a typical month (% with an account) 32.6 30.8 19.2 ATM is the main mode of deposit (% with an account) 13.1 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 19.4 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 1.5 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 66.3 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 9.8 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.0 0.8 0.7 Has debit card 16.4 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.5 5.2 4.0 Use an account to receive wages 12.5 20.3 21.3 Use an account to receive government payments 5.7 10.4 9.0 Use an account to receive remittances 1.2 4.2 8.0 Use an account to send remittances 1.5 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.3 1.8 1.7 Use a mobile phone to send money 0.4 0.8 0.9 Use a mobile phone to receive money 0.4 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 16.9 25.7 33.7 Saved at a formal financial institution in the past year 5.7 9.5 24.2 Saved using a savings club in the past year 1.5 3.7 2.8 Saved for future expenses in the past year 7.8 13.1 22.0 Saved for emergencies in the past year 10.1 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 14.8 7.8 7.8 Loan from family or friends in the past year 6.4 14.2 22.8 Loan from an informal private lender in the past year 0.6 2.3 1.5 Outstanding loan to purchase a home 1.9 1.8 4.0 Outstanding loan for home construction 5.7 4.2 4.9 Outstanding loan to pay school fees 1.3 4.6 3.8 Outstanding loan for health or emergencies 6.4 8.2 6.6 Outstanding loan for funerals or weddings 0.8 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 9.3 6.8 31.3 The Little Data Book on Financial Inclusion 2012 155 Uzbekistan Europe & Central Asia Lower middle income Population (millions) 28.2 GNI per capita ($) 1,280 Europe & Lower Country Central middle data Asia income Account at a Formal Financial Institution All adults (%, age 15+) 22.5 44.9 28.4 Male adults (%, age 15+) 23.8 49.9 33.9 Female adults (%, age 15+) 21.3 40.0 22.9 Young adults (%, ages 15–24) 15.0 31.9 21.5 Older adults (%, age 25+) 26.4 48.4 31.2 Adults with a primary education or less (%, age 15+) 10.3 25.6 20.8 Adults with a secondary education or more (%, age 15+) 28.1 51.4 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 20.4 36.5 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 23.9 51.1 36.3 Adults living in a rural area (%, age 15+) 22.6 41.6 25.3 Adults living in an urban area (%, age 15+) 22.1 50.4 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.7 4.0 6.8 0 deposits in a typical month (% with an account) 4.0 6.5 11.6 1–2 deposits in a typical month (% with an account) 91.8 80.8 70.9 3+ deposits in a typical month (% with an account) 2.3 5.4 11.8 0 withdrawals in a typical month (% with an account) 3.6 6.9 13.7 1–2 withdrawals in a typical month (% with an account) 37.0 61.8 64.4 3+ withdrawals in a typical month (% with an account) 52.6 22.5 15.1 ATM is the main mode of deposit (% with an account) 1.3 22.4 4.5 Bank teller is the main mode of deposit (% with an account) 15.4 30.7 80.2 Bank agent is the main mode of deposit (% with an account) 3.9 1.6 4.0 ATM is the main mode of withdrawal (% with an account) 14.9 67.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 11.4 20.4 56.8 Bank agent is the main mode of withdrawal (% with an account) 2.6 1.0 3.0 Has debit card 20.4 36.4 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 2.9 5.3 4.1 Use an account to receive wages 19.7 27.3 8.5 Use an account to receive government payments 5.0 11.0 3.9 Use an account to receive remittances 0.2 4.8 3.7 Use an account to send remittances 0.2 3.0 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 5.3 3.0 2.0 Use a mobile phone to send money 0.2 2.5 2.4 Use a mobile phone to receive money 0.5 2.7 3.8 Savings (%, age 15+) Saved any money in the past year 31.4 20.4 27.6 Saved at a formal financial institution in the past year 0.8 7.0 11.1 Saved using a savings club in the past year 4.2 1.3 7.2 Saved for future expenses in the past year 29.1 12.8 19.9 Saved for emergencies in the past year 17.6 13.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.5 7.7 7.3 Loan from family or friends in the past year 11.7 28.2 26.6 Loan from an informal private lender in the past year 1.0 1.5 5.3 Outstanding loan to purchase a home 0.0 1.8 2.2 Outstanding loan for home construction 0.3 4.7 4.7 Outstanding loan to pay school fees 0.5 1.7 6.8 Outstanding loan for health or emergencies 0.9 3.6 14.8 Outstanding loan for funerals or weddings 0.6 1.4 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.8 4.5 5.1 156 2012 The Little Data Book on Financial Inclusion Latin America & Caribbean Venezuela, RB Upper middle income Population (millions) 28.8 GNI per capita ($) 11,590 Latin Upper Country America & middle data the Carib. income Account at a Formal Financial Institution All adults (%, age 15+) 44.1 39.2 57.2 Male adults (%, age 15+) 53.1 44.0 61.4 Female adults (%, age 15+) 36.2 34.7 53.1 Young adults (%, ages 15–24) 17.5 26.0 51.7 Older adults (%, age 25+) 53.7 43.6 58.2 Adults with a primary education or less (%, age 15+) .. 27.8 47.5 Adults with a secondary education or more (%, age 15+) .. 46.6 71.4 Adults in income quintiles I (lowest) and II (%, age 15+) 31.3 25.3 42.4 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 52.7 49.1 67.6 Adults living in a rural area (%, age 15+) 41.2 33.6 51.7 Adults living in an urban area (%, age 15+) 45.6 44.1 70.3 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 1.3 6.0 11.8 0 deposits in a typical month (% with an account) 6.3 13.0 18.1 1–2 deposits in a typical month (% with an account) 67.7 63.3 64.9 3+ deposits in a typical month (% with an account) 20.4 17.7 9.6 0 withdrawals in a typical month (% with an account) 2.3 10.2 17.6 1–2 withdrawals in a typical month (% with an account) 54.9 53.1 54.7 3+ withdrawals in a typical month (% with an account) 34.1 30.8 19.2 ATM is the main mode of deposit (% with an account) 15.5 19.7 17.7 Bank teller is the main mode of deposit (% with an account) 73.0 57.2 66.4 Bank agent is the main mode of deposit (% with an account) 0.6 1.1 1.2 ATM is the main mode of withdrawal (% with an account) 63.6 56.4 46.1 Bank teller is the main mode of withdrawal (% with an account) 31.0 32.8 48.2 Bank agent is the main mode of withdrawal (% with an account) 0.3 0.8 0.7 Has debit card 35.1 28.9 38.7 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.9 5.2 4.0 Use an account to receive wages 28.7 20.3 21.3 Use an account to receive government payments 8.4 10.4 9.0 Use an account to receive remittances 3.3 4.2 8.0 Use an account to send remittances 2.2 2.8 6.2 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 1.3 1.8 1.7 Use a mobile phone to send money 0.3 0.8 0.9 Use a mobile phone to receive money 1.9 1.8 1.1 Savings (%, age 15+) Saved any money in the past year 28.4 25.7 33.7 Saved at a formal financial institution in the past year 13.6 9.5 24.2 Saved using a savings club in the past year 5.5 3.7 2.8 Saved for future expenses in the past year 17.5 13.1 22.0 Saved for emergencies in the past year 25.5 19.1 24.5 Credit (%, age 15+) Loan from a formal financial institution in the past year 1.7 7.8 7.8 Loan from family or friends in the past year 9.8 14.2 22.8 Loan from an informal private lender in the past year 1.5 2.3 1.5 Outstanding loan to purchase a home 0.5 1.8 4.0 Outstanding loan for home construction 1.3 4.2 4.9 Outstanding loan to pay school fees 3.6 4.6 3.8 Outstanding loan for health or emergencies 6.3 8.2 6.6 Outstanding loan for funerals or weddings 1.0 1.7 1.2 Insurance (%, age 15+) Personally paid for health insurance 6.0 6.8 31.3 The Little Data Book on Financial Inclusion 2012 157 Vietnam East Asia & Pacific Lower middle income Population (millions) 86.9 GNI per capita ($) 1,160 East Lower Country Asia & middle data Pacific income Account at a Formal Financial Institution All adults (%, age 15+) 21.4 54.9 28.4 Male adults (%, age 15+) 24.0 57.6 33.9 Female adults (%, age 15+) 18.9 52.3 22.9 Young adults (%, ages 15–24) 22.6 52.1 21.5 Older adults (%, age 25+) 20.4 54.9 31.2 Adults with a primary education or less (%, age 15+) 4.5 46.5 20.8 Adults with a secondary education or more (%, age 15+) 32.3 71.0 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 10.6 39.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 30.1 65.6 36.3 Adults living in a rural area (%, age 15+) 16.5 49.5 25.3 Adults living in an urban area (%, age 15+) 29.8 70.8 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 10.1 13.2 6.8 0 deposits in a typical month (% with an account) 12.6 19.1 11.6 1–2 deposits in a typical month (% with an account) 43.5 64.6 70.9 3+ deposits in a typical month (% with an account) 5.8 7.8 11.8 0 withdrawals in a typical month (% with an account) 14.2 20.5 13.7 1–2 withdrawals in a typical month (% with an account) 28.5 55.0 64.4 3+ withdrawals in a typical month (% with an account) 13.2 14.3 15.1 ATM is the main mode of deposit (% with an account) 6.2 13.9 4.5 Bank teller is the main mode of deposit (% with an account) 65.4 76.4 80.2 Bank agent is the main mode of deposit (% with an account) 3.2 2.5 4.0 ATM is the main mode of withdrawal (% with an account) 50.8 39.1 31.0 Bank teller is the main mode of withdrawal (% with an account) 28.8 55.9 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.3 3.0 Has debit card 14.6 34.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 3.8 3.2 4.1 Use an account to receive wages 5.8 16.9 8.5 Use an account to receive government payments 2.2 6.3 3.9 Use an account to receive remittances 2.2 8.8 3.7 Use an account to send remittances 2.8 7.1 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 3.6 1.3 2.0 Use a mobile phone to send money 2.8 1.0 2.4 Use a mobile phone to receive money 3.4 1.2 3.8 Savings (%, age 15+) Saved any money in the past year 35.3 39.8 27.6 Saved at a formal financial institution in the past year 7.7 28.4 11.1 Saved using a savings club in the past year 5.1 4.3 7.2 Saved for future expenses in the past year 24.9 28.2 19.9 Saved for emergencies in the past year 26.7 29.6 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 16.2 8.6 7.3 Loan from family or friends in the past year 31.0 27.2 26.6 Loan from an informal private lender in the past year 3.0 1.9 5.3 Outstanding loan to purchase a home 3.0 4.4 2.2 Outstanding loan for home construction 9.1 5.4 4.7 Outstanding loan to pay school fees 10.1 5.8 6.8 Outstanding loan for health or emergencies 15.8 9.7 14.8 Outstanding loan for funerals or weddings 10.2 1.8 3.9 Insurance (%, age 15+) Personally paid for health insurance 17.5 36.8 5.1 158 2012 The Little Data Book on Financial Inclusion West Bank and Gaza Middle East & North Africa Lower middle income Population (millions) 4.2 GNI per capita ($) .. Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 19.4 17.7 28.4 Male adults (%, age 15+) 28.7 23.1 33.9 Female adults (%, age 15+) 10.2 12.5 22.9 Young adults (%, ages 15–24) 8.7 12.3 21.5 Older adults (%, age 25+) 24.9 20.3 31.2 Adults with a primary education or less (%, age 15+) 12.8 13.1 20.8 Adults with a secondary education or more (%, age 15+) 22.1 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 11.4 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 28.5 17.3 36.3 Adults living in a rural area (%, age 15+) 22.4 10.5 25.3 Adults living in an urban area (%, age 15+) 18.3 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.7 19.1 6.8 0 deposits in a typical month (% with an account) 0.7 30.8 11.6 1–2 deposits in a typical month (% with an account) 84.8 50.8 70.9 3+ deposits in a typical month (% with an account) 11.8 14.6 11.8 0 withdrawals in a typical month (% with an account) 0.7 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 78.4 50.2 64.4 3+ withdrawals in a typical month (% with an account) 18.1 19.3 15.1 ATM is the main mode of deposit (% with an account) 12.0 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 70.7 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 41.0 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 56.0 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 1.2 3.0 Has debit card 10.7 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 4.8 4.7 4.1 Use an account to receive wages 7.1 6.0 8.5 Use an account to receive government payments 6.4 3.1 3.9 Use an account to receive remittances 2.5 2.7 3.7 Use an account to send remittances 1.4 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.6 1.0 2.0 Use a mobile phone to send money 0.4 1.3 2.4 Use a mobile phone to receive money 1.4 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 16.2 20.0 27.6 Saved at a formal financial institution in the past year 5.5 4.5 11.1 Saved using a savings club in the past year 3.0 3.6 7.2 Saved for future expenses in the past year 10.9 13.9 19.9 Saved for emergencies in the past year 13.4 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.1 5.1 7.3 Loan from family or friends in the past year 41.8 31.1 26.6 Loan from an informal private lender in the past year 7.5 4.7 5.3 Outstanding loan to purchase a home 5.3 4.5 2.2 Outstanding loan for home construction 10.8 7.7 4.7 Outstanding loan to pay school fees 19.8 5.8 6.8 Outstanding loan for health or emergencies 20.2 15.7 14.8 Outstanding loan for funerals or weddings 11.3 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 5.1 2.5 5.1 The Little Data Book on Financial Inclusion 2012 159 Yemen, Rep. Middle East & North Africa Lower middle income Population (millions) 24.1 GNI per capita ($) 1,170 Middle Lower Country East & middle data N. Africa income Account at a Formal Financial Institution All adults (%, age 15+) 3.7 17.7 28.4 Male adults (%, age 15+) 6.4 23.1 33.9 Female adults (%, age 15+) 1.1 12.5 22.9 Young adults (%, ages 15–24) 0.8 12.3 21.5 Older adults (%, age 25+) 5.0 20.3 31.2 Adults with a primary education or less (%, age 15+) 1.4 13.1 20.8 Adults with a secondary education or more (%, age 15+) 11.1 23.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 1.8 8.8 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 5.5 17.3 36.3 Adults living in a rural area (%, age 15+) 2.9 10.5 25.3 Adults living in an urban area (%, age 15+) 6.6 17.9 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 0.0 19.1 6.8 0 deposits in a typical month (% with an account) 0.0 30.8 11.6 1–2 deposits in a typical month (% with an account) 87.5 50.8 70.9 3+ deposits in a typical month (% with an account) 11.7 14.6 11.8 0 withdrawals in a typical month (% with an account) 0.0 24.4 13.7 1–2 withdrawals in a typical month (% with an account) 79.0 50.2 64.4 3+ withdrawals in a typical month (% with an account) 14.4 19.3 15.1 ATM is the main mode of deposit (% with an account) 2.1 6.0 4.5 Bank teller is the main mode of deposit (% with an account) 64.3 66.6 80.2 Bank agent is the main mode of deposit (% with an account) 14.6 4.2 4.0 ATM is the main mode of withdrawal (% with an account) 35.5 37.6 31.0 Bank teller is the main mode of withdrawal (% with an account) 58.3 51.8 56.8 Bank agent is the main mode of withdrawal (% with an account) 6.2 1.2 3.0 Has debit card 2.2 9.1 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 1.0 4.7 4.1 Use an account to receive wages 0.9 6.0 8.5 Use an account to receive government payments 1.7 3.1 3.9 Use an account to receive remittances 0.8 2.7 3.7 Use an account to send remittances 1.0 2.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 0.8 1.0 2.0 Use a mobile phone to send money 1.3 1.3 2.4 Use a mobile phone to receive money 1.3 2.4 3.8 Savings (%, age 15+) Saved any money in the past year 11.9 20.0 27.6 Saved at a formal financial institution in the past year 1.1 4.5 11.1 Saved using a savings club in the past year 2.5 3.6 7.2 Saved for future expenses in the past year 8.2 13.9 19.9 Saved for emergencies in the past year 9.9 15.9 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 0.9 5.1 7.3 Loan from family or friends in the past year 45.5 31.1 26.6 Loan from an informal private lender in the past year 7.8 4.7 5.3 Outstanding loan to purchase a home 1.0 4.5 2.2 Outstanding loan for home construction 8.3 7.7 4.7 Outstanding loan to pay school fees 1.5 5.8 6.8 Outstanding loan for health or emergencies 32.4 15.7 14.8 Outstanding loan for funerals or weddings 5.1 5.5 3.9 Insurance (%, age 15+) Personally paid for health insurance 0.0 2.5 5.1 160 2012 The Little Data Book on Financial Inclusion Sub-Saharan Africa Zambia Lower middle income Population (millions) 12.9 GNI per capita ($) 1,070 Sub- Lower Country Saharan middle data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 21.4 24.1 28.4 Male adults (%, age 15+) 19.4 26.7 33.9 Female adults (%, age 15+) 23.3 21.4 22.9 Young adults (%, ages 15–24) 12.8 16.8 21.5 Older adults (%, age 25+) 25.1 27.7 31.2 Adults with a primary education or less (%, age 15+) 9.2 14.0 20.8 Adults with a secondary education or more (%, age 15+) 32.2 36.2 45.4 Adults in income quintiles I (lowest) and II (%, age 15+) 8.7 13.9 19.7 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 31.3 31.9 36.3 Adults living in a rural area (%, age 15+) 22.4 20.7 25.3 Adults living in an urban area (%, age 15+) 13.9 39.7 36.0 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 3.6 3.8 6.8 0 deposits in a typical month (% with an account) 7.5 6.3 11.6 1–2 deposits in a typical month (% with an account) 64.8 69.5 70.9 3+ deposits in a typical month (% with an account) 27.5 21.9 11.8 0 withdrawals in a typical month (% with an account) 13.6 11.7 13.7 1–2 withdrawals in a typical month (% with an account) 60.7 63.3 64.4 3+ withdrawals in a typical month (% with an account) 25.7 23.0 15.1 ATM is the main mode of deposit (% with an account) 10.8 6.6 4.5 Bank teller is the main mode of deposit (% with an account) 89.0 84.0 80.2 Bank agent is the main mode of deposit (% with an account) 0.0 2.7 4.0 ATM is the main mode of withdrawal (% with an account) 74.4 42.0 31.0 Bank teller is the main mode of withdrawal (% with an account) 25.3 49.2 56.8 Bank agent is the main mode of withdrawal (% with an account) 0.0 2.5 3.0 Has debit card 15.7 15.5 10.1 Use of Formal Accounts (%, age 15+) Use an account for business purposes 5.6 5.3 4.1 Use an account to receive wages 7.2 9.9 8.5 Use an account to receive government payments 5.6 5.7 3.9 Use an account to receive remittances 6.7 9.1 3.7 Use an account to send remittances 5.6 6.3 3.0 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.4 3.0 2.0 Use a mobile phone to send money 3.0 11.2 2.4 Use a mobile phone to receive money 3.5 14.5 3.8 Savings (%, age 15+) Saved any money in the past year 32.2 40.2 27.6 Saved at a formal financial institution in the past year 11.8 14.2 11.1 Saved using a savings club in the past year 7.4 19.3 7.2 Saved for future expenses in the past year 20.4 26.0 19.9 Saved for emergencies in the past year 24.7 31.3 22.1 Credit (%, age 15+) Loan from a formal financial institution in the past year 6.1 4.7 7.3 Loan from family or friends in the past year 41.6 39.9 26.6 Loan from an informal private lender in the past year 4.3 5.4 5.3 Outstanding loan to purchase a home 1.2 2.0 2.2 Outstanding loan for home construction 0.9 4.4 4.7 Outstanding loan to pay school fees 2.8 9.0 6.8 Outstanding loan for health or emergencies 1.6 15.1 14.8 Outstanding loan for funerals or weddings 0.7 4.6 3.9 Insurance (%, age 15+) Personally paid for health insurance 1.2 3.2 5.1 The Little Data Book on Financial Inclusion 2012 161 Zimbabwe Sub-Saharan Africa Low income Population (millions) 12.6 GNI per capita ($) 460 Sub- Country Saharan Low data Africa income Account at a Formal Financial Institution All adults (%, age 15+) 39.7 24.1 23.7 Male adults (%, age 15+) 42.5 26.7 27.0 Female adults (%, age 15+) 37.1 21.4 20.5 Young adults (%, ages 15–24) 22.4 16.8 15.6 Older adults (%, age 25+) 50.2 27.7 28.2 Adults with a primary education or less (%, age 15+) .. 14.0 16.2 Adults with a secondary education or more (%, age 15+) .. 36.2 35.4 Adults in income quintiles I (lowest) and II (%, age 15+) 26.6 13.9 16.3 Adults in income quintiles III, IV, and V (highest) (%, age 15+) 47.8 31.9 29.4 Adults living in a rural area (%, age 15+) 40.3 20.7 22.0 Adults living in an urban area (%, age 15+) 37.8 39.7 35.8 Access to Formal Accounts (%, age 15+) 0 deposits/withdrawals in a typical month (% with an account) 2.6 3.8 5.4 0 deposits in a typical month (% with an account) 4.3 6.3 8.3 1–2 deposits in a typical month (% with an account) 70.1 69.5 64.7 3+ deposits in a typical month (% with an account) 25.2 21.9 23.1 0 withdrawals in a typical month (% with an account) 3.3 11.7 21.2 1–2 withdrawals in a typical month (% with an account) 64.6 63.3 59.1 3+ withdrawals in a typical month (% with an account) 31.6 23.0 16.1 ATM is the main mode of deposit (% with an account) 0.9 6.6 4.3 Bank teller is the main mode of deposit (% with an account) 91.1 84.0 78.8 Bank agent is the main mode of deposit (% with an account) 0.8 2.7 9.1 ATM is the main mode of withdrawal (% with an account) 28.3 42.0 23.0 Bank teller is the main mode of withdrawal (% with an account) 69.7 49.2 62.9 Bank agent is the main mode of withdrawal (% with an account) 0.7 2.5 5.4 Has debit card 28.3 15.5 7.4 Use of Formal Accounts (%, age 15+) Use an account for business purposes 9.3 5.3 4.6 Use an account to receive wages 21.9 9.9 5.9 Use an account to receive government payments 10.3 5.7 2.5 Use an account to receive remittances 21.8 9.1 4.7 Use an account to send remittances 9.3 6.3 2.8 Mobile Payments (%, age 15+) Use a mobile phone to pay bills 2.6 3.0 2.6 Use a mobile phone to send money 1.5 11.2 7.1 Use a mobile phone to receive money 1.8 14.5 9.1 Savings (%, age 15+) Saved any money in the past year 39.9 40.2 29.9 Saved at a formal financial institution in the past year 17.3 14.2 11.5 Saved using a savings club in the past year 11.0 19.3 8.2 Saved for future expenses in the past year 28.0 26.0 20.3 Saved for emergencies in the past year 25.6 31.3 22.8 Credit (%, age 15+) Loan from a formal financial institution in the past year 4.9 4.7 11.4 Loan from family or friends in the past year 57.4 39.9 30.2 Loan from an informal private lender in the past year 4.2 5.4 7.0 Outstanding loan to purchase a home 0.8 2.0 2.4 Outstanding loan for home construction 3.7 4.4 6.3 Outstanding loan to pay school fees 9.9 9.0 6.9 Outstanding loan for health or emergencies 6.9 15.1 16.1 Outstanding loan for funerals or weddings 3.2 4.6 5.4 Insurance (%, age 15+) Personally paid for health insurance 14.6 3.2 2.2 162 2012 The Little Data Book on Financial Inclusion Glossary 0 Deposits in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making zero deposits into their personal account(s) in a typical month. This includes cash or elec- tronic deposits, or any time money is put into account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 0 Deposits/Withdrawals in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making zero deposits into or zero withdrawals from their personal account(s) in a typical month (also called “inactive account��?). This includes cash or electronic deposits, or any time money is put into or removed from account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 0 Withdrawals in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making zero withdrawals from their personal account(s) in a typical month. This includes cash or electronic deposits, or any time money is removed from account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 1–2 Deposits in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making 1 to 2 deposits into their personal account(s) in a typical month. This includes cash or electronic deposits, or any time money is put into account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 1–2 Withdrawals in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making 1 to 2 withdrawals from their personal account(s) in a typical month. This includes cash or electronic deposits, or any time money is removed from account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 3+ Deposits in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making 3 or more deposits into their personal account(s) in a typical month. This includes cash or electronic deposits, or any time money is put into account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) 3+ Withdrawals in a typical month denotes the percentage of respondents with an account at a formal financial institution who report making 3 or more withdrawals from their personal account(s) in a typical month. This includes cash or electronic deposits, or any time money is removed from account(s) by self or others. (Demirguc-Kunt and Klapper, 2012) Account at a formal financial institution denotes the percentage of respon- dents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institu- tion), or the post office (if applicable) including respondents who reported having a debit card. (Demirguc-Kunt and Klapper, 2012) ATM is the main mode of deposit denotes the percentage of respondents with an account at a formal financial institution who report utilizing an The Little Data Book on Financial Inclusion 2012 163 Glossary automated teller machine (ATM) as their usual mode of access to put cash (paper or coins) into their account(s). (Demirguc-Kunt and Klapper, 2012) ATM is the main mode of withdrawal denotes the percentage of respon- dents with an account at a formal financial institution who report utilizing an automated teller machine (ATM) as their usual mode of access to get cash (paper or coins) from their account(s). (Demirguc-Kunt and Klapper, 2012) Bank agent is the main mode of deposit denotes the percentage of respon- dents with an account at a formal financial institution who report utilizing some other person who is associated with their bank or financial institu- tion as their usual mode of access to put cash (paper or coins) into their account(s). (Demirguc-Kunt and Klapper, 2012) Bank agent is the main mode of withdrawal denotes the percentage of respondents with an account at a formal financial institution who report utilizing some other person who is associated with their bank or financial institution as their usual mode of access to get cash (paper or coins) from their account(s). (Demirguc-Kunt and Klapper, 2012) Bank teller is the main mode of deposit denotes the percentage of respon- dents with an account at a formal financial institution who report transacting with a teller over the counter in a branch of their bank or financial institu- tion as their usual mode of access to put cash (paper or coins) into their account(s). (Demirguc-Kunt and Klapper, 2012) Bank teller is the main mode of withdrawal denotes the percentage of respondents with an account at a formal financial institution who report transacting with a teller over the counter in a branch of their bank or financial institution as their usual mode of access to get cash (paper or coins) from their account(s). (Demirguc-Kunt and Klapper, 2012) GNI per capita ($) is gross national income (GNI) converted to U.S. dollars using the World Bank Atlas method divided by midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies. The World Bank Atlas method is used to smooth fluctuations in prices and exchange rates. It averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country and the Euro area, Japan, the United Kingdom, and the United States. Data are for 2010. (World Bank) Has debit card denotes the percentage of respondents with a debit card. (Demirguc-Kunt and Klapper, 2012) Loan from family or friends in the past year denotes the percentage of respondents who report borrowing any money from family or friends in the past 12 months. (Demirguc-Kunt and Klapper, 2012) 164 2012 The Little Data Book on Financial Inclusion Glossary Loan from a formal financial institution in the past year denotes the per- centage of respondents who report borrowing any money from a bank, credit union, microfinance institution, or another financial institution such as a cooperative in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Loan from an informal private lender in the past year denotes the percent- age of respondents who report borrowing any money from a private lender in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Outstanding loan for health or emergencies denotes the percentage of respondents who report having an outstanding loan for emergency or health purposes. (Demirguc-Kunt and Klapper, 2012) Outstanding loan for home construction denotes the percentage of respon- dents who report having an outstanding loan to purchase materials or ser- vices to build, extend, or renovate their home or apartment. (Demirguc-Kunt and Klapper, 2012) Outstanding loan for funerals or weddings denotes the percentage of respon- dents who report having an outstanding loan for a funeral or wedding. (Demirguc- Kunt and Klapper, 2012) Outstanding loan to pay school fees denotes the percentage of respondents who report having an outstanding loan to pay for school fees. (Demirguc- Kunt and Klapper, 2012) Outstanding loan to purchase a home denotes the percentage of respon- dents who report having an outstanding loan to purchase their home or apartment. (Demirguc-Kunt and Klapper, 2012) Personally paid for health insurance denotes the percentage of respon- dents who report having personally purchased health or medical insurance in addition to national health insurance. (Demirguc-Kunt and Klapper, 2012) Population is the midyear estimate of all residents regardless of legal status or citizenship, except for refugees not permanently settled in the country of asylum who are generally considered part of the population of their country of origin. Data are for 2010. (Eurostat, United Nations Population Division, and World Bank) Saved any money in the past year denotes the percentage of respondents who report saving or setting aside any money in the past 12 months. (Demirguc- Kunt and Klapper, 2012) Saved at a formal financial institution in the past year denotes the percent- age of respondents who report saving or setting aside any money by using an account at a formal financial institution such as a bank, credit union, microfinance institution, or cooperative in the past 12 months. (Demirguc- Kunt and Klapper, 2012) Saved for emergencies in the past year denotes the percentage of respon- dents who report having saved for emergencies or a time when they expect to have less income in the past 12 months. (Demirguc-Kunt and Klapper, 2012) The Little Data Book on Financial Inclusion 2012 165 Glossary Saved for future expenses in the past year denotes the percentage of respon- dents who report saving for expenses in the future such as education, a wedding, or a big purchase in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Saved using a savings club in the past year denotes the percentage of respondents who report saving or setting aside any money by using an informal savings club or a person outside the family in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use a mobile phone to pay bills denotes the percentage of respondents who report using a mobile phone to pay bills in the past 12 months. (Demirguc- Kunt and Klapper, 2012) Use a mobile phone to receive money denotes the percentage of respon- dents who report using a mobile phone to receive money in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use a mobile phone to send money denotes the percentage of respondents who report using a mobile phone to send money in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use an account for business purposes denotes the percentage of respon- dents who report using their accounts at a formal financial institution for business purposes only or for both business purposes and personal trans- actions. (Demirguc-Kunt and Klapper, 2012) Use an account to receive government payments denotes the percentage of respondents who report using their accounts at a formal financial institution to receive money or payments from the government in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use an account to receive remittances denotes the percentage of respon- dents who report using their accounts at a formal financial institution to receive money from family members living elsewhere in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use an account to receive wages denotes the percentage of respondents who report using their accounts at a formal financial institution to receive money or payments for work or from selling goods in the past 12 months. (Demirguc-Kunt and Klapper, 2012) Use an account to send remittances denotes the percentage of respon- dents who report using their accounts at a formal financial institution to send money to family members living elsewhere in the past 12 months. (Demirguc-Kunt and Klapper, 2012) 166 2012 The Little Data Book on Financial Inclusion Reference Demirguc-Kunt, Asli and Leora Klapper, 2012. “Measuring Financial Inclusion: The Global Findex Database.��? World Bank Policy Research Working Paper 6025, World Bank, Washington, D.C. The Little Data Book on Financial Inclusion 2012 167 1818 H Street N.W. 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