Mozambique Bank Account Ownership Rate 2024: 54.39 %
Mozambique's bank account ownership rate in 2024 is 54.39 %, up 9.9% from 2021. It ranks #104 of 139 countries.
Bank account ownership rate indicates financial inclusion levels among adults globally, highlighting economic access.
Source (2024): Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data
Bank Account Ownership Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 54.39 % | +4.89 % | +9.89% | |
| 2021 | 49.49 % | +7.82 % | +18.77% | |
| 2017 | 41.67 % | — | — |
Frequently Asked Questions About Mozambique Bank Account Ownership Rate
What is Mozambique's bank account ownership rate in 2024?▾
Mozambique's bank account ownership rate is 54.39 % in 2024, according to Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data.
Is Mozambique's bank account ownership rate increasing or decreasing?▾
Mozambique's bank account ownership rate rose by 9.9% from 2021 (49.49 %) to 2024 (54.39 %).
How does Mozambique rank for bank account ownership rate?▾
In 2024, Mozambique has the 104th highest bank account ownership rate out of 139 countries with data.
What was Mozambique's bank account ownership rate in 2017?▾
In 2017, Mozambique's bank account ownership rate was 41.67 %. By 2024 it rose by 30.5%.
Explore additional statistical insights
Agriculture Value Added as a Share of GDP by Country in Mozambique
Explore the agriculture value added as a share of GDP by country, measuring the economic impact of farming sectors. This statistic highlights the importance of agriculture in national economies and informs investment decisions.
Currently married (Percent) in Mozambique
The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.
Gross Domestic Product (GDP) by Country in Current US Dollars in Mozambique
Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.
Human Capital Index in Mozambique
The Human Capital Index measures a country's investment in education and health, reflecting its potential for economic growth and productivity. This vital statistic highlights the importance of nurturing human resources for sustainable development.
Life expectancy at birth in Mozambique
Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.
Median age of population in Mozambique
The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.