South Korea: Percent people with bank accounts

* indicates monthly or quarterly data series
 South Korea

People with bank accounts, percent of the population over 14 years of age

 Latest value 98.67
 Year 2021
 Measure percent
 Data availability 2011 - 2021
 Average 95.23
 Min - Max 93.05 - 98.67
 Source The World Bank
For that indicator, we provide data for South Korea from 2011 to 2021. The average value for South Korea during that period was 95.23 percent with a minimum of 93.05 percent in 2011 and a maximum of 98.67 percent in 2021. The latest value from 2021 is 98.67 percent. For comparison, the world average in 2021 based on 121 countries is 65.76 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Percent people with bank accounts  - Recent values chart




Definition: The percentage of respondents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institution), or the post office (if applicable) including respondents who reported having a debit card (% age 15+).

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 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 259.46 2020 ATMs per 100,000 adults
 Bank branches per 100,000 people 13.65 2021 bank branches
 Percent people with credit cards 68.44 2021 percent
 Percent people with debit cards 84.01 2021 percent
 Domestic credit to the private sector 164.78 2020 percent
 Bank credit to the private sector 174.97 2022 percent
 Liquid liabilities, percent of GDP 174.40 2021 percent
 Bank assets to GDP 181.66 2021 percent
 Financial system deposits, percent of GDP 160.39 2021 percent
 Bank credit to government 9.00 2020 percent
 Banking system concentration 56.31 2021 percent
 Foreign bank assets 7.00 2013 percent of total bank assets
 Percent people with bank accounts 98.67 2021 percent
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