Financial Inclusion in Ethiopia : Key Findings from the Ethiopia Socioeconomic Survey 2018/19
Integrating a financial inclusion module into a multitopic household survey like the Ethiopia Socioeconomic Survey (ESS) makes it possible to explore how different community spatial, demographic, and socioeconomic characteristics affect the financi...
| Main Authors: | , , , , , , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/270641627028873121/Survey-Brief http://hdl.handle.net/10986/36030 |
| Summary: | Integrating a financial inclusion module
into a multitopic household survey like the Ethiopia
Socioeconomic Survey (ESS) makes it possible to explore how
different community spatial, demographic, and socioeconomic
characteristics affect the financial decisions of
individuals and households. In addition, the survey data
underpins financial inclusion policymaking and measurement,
an agenda spearheaded by the National Bank of Ethiopia
through the National Financial Inclusion Strategy (NFIS)
efforts. The survey collected information from households
and individuals on several financial matters including
current levels of access to finance based on the prevalence
of account ownership, use of financial services, types of
institutions used, and their proximity to the household;
household and individual financial decisions about savings,
credit, insurance, and payments; and financial behavior,
knowledge, and attitudes. The data provides a rigorous,
multidimensional picture of where the country stands in
expanding access to formal financial services and reaching
the NFIS goals. This brief summarizes the ESS Financial
Inclusion survey report, emphasizing on key findings on
account ownership, gender gap, financial behavior and
knowledge of financial institutions and products. |
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