Wednesday, May 13, 2015

10 Insights on Financial Inclusion from the 2014 Global Findex - World Bank

The Consultative Group to Assist the Poor (CGAP) have released a new database on financial inclusion called the "Global Findex."The database covers 800 indicators and draws from survey data covering almost 150,000 people in 143 economies. BUT! luckily you don't have to trawl through all that data (although you could), CGAP have created a handy summary of their "10 insights on financial inclusion from the 2014 Global Findex." You can also access the full report and interact with the data.

Photo Credit: Brett Davies, 2014 CGAP Photo Contest. 
"1. Account ownership is increasing almost everywhere in the world. 700 million adults (above 15 years old) worldwide became account holders between 2011 and 2014 (accounting for a population growth of 200 million)....
2. The gap between rich and poor in account ownership is shrinking – but still persists. In developing economies, 46% of adults living in the poorest 40% of households have an account – up from 29% in 2011...."

Read the full blogpost on CGAP.

No comments:

Post a Comment