Measuring Financial Inclusion : The Global Findex Database
This paper provides the first analysis of the Global Financial Inclusion (Global Findex) Database, a new set of indicators that measure how adults in 148 economies save, borrow, make payments, and manage risk. The data show that 50 percent of adult...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/16232817/measuring-financial-inclusion-global-findex-database http://hdl.handle.net/10986/6042 |
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okr-10986-6042 |
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| recordtype |
oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS BARRIERS ACCESS TO ACCOUNTS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SAVINGS ACCOUNT HOLDERS ACCOUNT OWNERSHIP ACCOUNTING AFFORDABILITY AGRICULTURE ALTERNATIVE BANKING ANTI-MONEY LAUNDERING ASSET ACCUMULATION ATM CARD ATM CARDS AUTOMATED TELLER MACHINES BANK ACCOUNT BANK BRANCH BANK BRANCHES BANK REGULATION BANKING SECTOR BANKING SERVICES BANKS BARRIER BENCHMARK BENCHMARKING BONDS BROAD ACCESS BUSINESS PURPOSES BUSINESSES CELL PHONE CENTRAL BANK CHECKING ACCOUNT COMMODITIES CONSUMERS CORRUPTION CREDIT ASSOCIATION CREDIT CARD CREDIT CARDS CREDIT UNION CULTURAL NORMS DATA COVERAGE DEBIT CARD DEBIT CARDS DEPOSIT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITS DEVELOPING ECONOMIES DEVELOPMENT POLICY DISCRIMINATION DOCUMENTATION REQUIREMENTS EARNINGS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIC INEQUALITY EDUCATION LEVEL ELECTRONIC BILL ELECTRONIC PAYMENT ELECTRONIC PAYMENTS EMERGING MARKETS EMPLOYER EMPLOYERS EMPLOYMENT OPPORTUNITIES ENTREPRENEURS ENTRY POINT EXCLUSION EXISTING INFRASTRUCTURE EXPATRIATES FINANCES FINANCIAL ACCESS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL OUTREACH FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANKING FORMAL BORROWING FORMAL CREDIT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES FRAUD GDP GDP PER CAPITA GENDER GENDER GAP GEOGRAPHIC ACCESS GINI COEFFICIENT GOVERNMENT SECURITIES GROWTH OPPORTUNITIES HOUSEHOLD ACCESS HOUSEHOLD FINANCE HOUSEHOLD INCOME HOUSEHOLDS INACTIVE ACCOUNT INCOME CATEGORY INCOME DISTRIBUTION INCOME GROUP INCOME GROUPS INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFORMAL LENDER INFORMAL SAVING INFORMAL SAVINGS INNOVATIONS INSTITUTIONAL INFRASTRUCTURE INSURANCE PRODUCTS INTERNATIONAL BANK INTERNATIONAL COMPARISON ISLAMIC LOAN LACK OF AWARENESS LIFE EXPECTANCY LIVESTOCK INSURANCE LOAN LOW-INCOME ECONOMIES MICROFINANCE MICROFINANCE INSTITUTION MIDDLE-INCOME ECONOMIES MINIMUM BALANCES MOBILE BANKING MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES MORTGAGE NATIONAL INCOME NEW PRODUCTS ONLINE PAYMENTS OPEN ACCESS OUTSTANDING LOAN PAYMENT SYSTEMS PENSION PERSONAL ASSET PERSONAL FINANCES PHONE NUMBERS PHONE PENETRATION PHYSICAL ACCESS PHYSICAL DISTANCE POST OFFICE POST OFFICES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PROPENSITY TO SAVE PUBLIC POLICIES PUBLIC POLICY RECEIPT REGRESSION ANALYSIS REGULATORS RELIABILITY REMITTANCE REMITTANCES RESULT RESULTS RETAIL STORE RETAIL STORES RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS BEHAVIOR SAVINGS BONDS SAVINGS GROUP SECURITY CONCERNS SECURITY RISKS SELF-EMPLOYMENT SMALL ENTERPRISES SOURCE OF INCOME SUPERVISION SUPPLY OF CREDIT TELEPHONE TELEPHONE COVERAGE TELLERS TERM CREDIT TRADITIONAL BANKING TRANSACTION TRANSACTIONS COSTS TRANSITION ECONOMIES USER USERS USES WAGES WEALTH WEB WIRE TRANSFERS WITHDRAWAL FEES WORLD DEVELOPMENT INDICATORS Microdata Set |
| spellingShingle |
ACCESS BARRIERS ACCESS TO ACCOUNTS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SAVINGS ACCOUNT HOLDERS ACCOUNT OWNERSHIP ACCOUNTING AFFORDABILITY AGRICULTURE ALTERNATIVE BANKING ANTI-MONEY LAUNDERING ASSET ACCUMULATION ATM CARD ATM CARDS AUTOMATED TELLER MACHINES BANK ACCOUNT BANK BRANCH BANK BRANCHES BANK REGULATION BANKING SECTOR BANKING SERVICES BANKS BARRIER BENCHMARK BENCHMARKING BONDS BROAD ACCESS BUSINESS PURPOSES BUSINESSES CELL PHONE CENTRAL BANK CHECKING ACCOUNT COMMODITIES CONSUMERS CORRUPTION CREDIT ASSOCIATION CREDIT CARD CREDIT CARDS CREDIT UNION CULTURAL NORMS DATA COVERAGE DEBIT CARD DEBIT CARDS DEPOSIT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITS DEVELOPING ECONOMIES DEVELOPMENT POLICY DISCRIMINATION DOCUMENTATION REQUIREMENTS EARNINGS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIC INEQUALITY EDUCATION LEVEL ELECTRONIC BILL ELECTRONIC PAYMENT ELECTRONIC PAYMENTS EMERGING MARKETS EMPLOYER EMPLOYERS EMPLOYMENT OPPORTUNITIES ENTREPRENEURS ENTRY POINT EXCLUSION EXISTING INFRASTRUCTURE EXPATRIATES FINANCES FINANCIAL ACCESS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL OUTREACH FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANKING FORMAL BORROWING FORMAL CREDIT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES FRAUD GDP GDP PER CAPITA GENDER GENDER GAP GEOGRAPHIC ACCESS GINI COEFFICIENT GOVERNMENT SECURITIES GROWTH OPPORTUNITIES HOUSEHOLD ACCESS HOUSEHOLD FINANCE HOUSEHOLD INCOME HOUSEHOLDS INACTIVE ACCOUNT INCOME CATEGORY INCOME DISTRIBUTION INCOME GROUP INCOME GROUPS INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFORMAL LENDER INFORMAL SAVING INFORMAL SAVINGS INNOVATIONS INSTITUTIONAL INFRASTRUCTURE INSURANCE PRODUCTS INTERNATIONAL BANK INTERNATIONAL COMPARISON ISLAMIC LOAN LACK OF AWARENESS LIFE EXPECTANCY LIVESTOCK INSURANCE LOAN LOW-INCOME ECONOMIES MICROFINANCE MICROFINANCE INSTITUTION MIDDLE-INCOME ECONOMIES MINIMUM BALANCES MOBILE BANKING MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES MORTGAGE NATIONAL INCOME NEW PRODUCTS ONLINE PAYMENTS OPEN ACCESS OUTSTANDING LOAN PAYMENT SYSTEMS PENSION PERSONAL ASSET PERSONAL FINANCES PHONE NUMBERS PHONE PENETRATION PHYSICAL ACCESS PHYSICAL DISTANCE POST OFFICE POST OFFICES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PROPENSITY TO SAVE PUBLIC POLICIES PUBLIC POLICY RECEIPT REGRESSION ANALYSIS REGULATORS RELIABILITY REMITTANCE REMITTANCES RESULT RESULTS RETAIL STORE RETAIL STORES RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS BEHAVIOR SAVINGS BONDS SAVINGS GROUP SECURITY CONCERNS SECURITY RISKS SELF-EMPLOYMENT SMALL ENTERPRISES SOURCE OF INCOME SUPERVISION SUPPLY OF CREDIT TELEPHONE TELEPHONE COVERAGE TELLERS TERM CREDIT TRADITIONAL BANKING TRANSACTION TRANSACTIONS COSTS TRANSITION ECONOMIES USER USERS USES WAGES WEALTH WEB WIRE TRANSFERS WITHDRAWAL FEES WORLD DEVELOPMENT INDICATORS Microdata Set Demirguc-Kunt, Asli Klapper, Leora Measuring Financial Inclusion : The Global Findex Database |
| relation |
Policy Research Working Paper ; No. 6025 |
| description |
This paper provides the first analysis
of the Global Financial Inclusion (Global Findex) Database,
a new set of indicators that measure how adults in 148
economies save, borrow, make payments, and manage risk. The
data show that 50 percent of adults worldwide have an
account at a formal financial institution, though account
penetration varies widely across regions, income groups and
individual characteristics. In addition, 22 percent of
adults report having saved at a formal financial institution
in the past 12 months, and 9 percent report having taken out
a new loan from a bank, credit union or microfinance
institution in the past year. Although half of adults around
the world remain unbanked, at least 35 percent of them
report barriers to account use that might be addressed by
public policy. Among the most commonly reported barriers are
high cost, physical distance, and lack of proper
documentation, though there are significant differences
across regions and individual characteristics. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Demirguc-Kunt, Asli Klapper, Leora |
| author_facet |
Demirguc-Kunt, Asli Klapper, Leora |
| author_sort |
Demirguc-Kunt, Asli |
| title |
Measuring Financial Inclusion : The
Global Findex Database |
| title_short |
Measuring Financial Inclusion : The
Global Findex Database |
| title_full |
Measuring Financial Inclusion : The
Global Findex Database |
| title_fullStr |
Measuring Financial Inclusion : The
Global Findex Database |
| title_full_unstemmed |
Measuring Financial Inclusion : The
Global Findex Database |
| title_sort |
measuring financial inclusion : the
global findex database |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/04/16232817/measuring-financial-inclusion-global-findex-database http://hdl.handle.net/10986/6042 |
| _version_ |
1764397211942125568 |
| spelling |
okr-10986-60422021-04-23T14:02:24Z Measuring Financial Inclusion : The Global Findex Database Demirguc-Kunt, Asli Klapper, Leora ACCESS BARRIERS ACCESS TO ACCOUNTS ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SAVINGS ACCOUNT HOLDERS ACCOUNT OWNERSHIP ACCOUNTING AFFORDABILITY AGRICULTURE ALTERNATIVE BANKING ANTI-MONEY LAUNDERING ASSET ACCUMULATION ATM CARD ATM CARDS AUTOMATED TELLER MACHINES BANK ACCOUNT BANK BRANCH BANK BRANCHES BANK REGULATION BANKING SECTOR BANKING SERVICES BANKS BARRIER BENCHMARK BENCHMARKING BONDS BROAD ACCESS BUSINESS PURPOSES BUSINESSES CELL PHONE CENTRAL BANK CHECKING ACCOUNT COMMODITIES CONSUMERS CORRUPTION CREDIT ASSOCIATION CREDIT CARD CREDIT CARDS CREDIT UNION CULTURAL NORMS DATA COVERAGE DEBIT CARD DEBIT CARDS DEPOSIT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITS DEVELOPING ECONOMIES DEVELOPMENT POLICY DISCRIMINATION DOCUMENTATION REQUIREMENTS EARNINGS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIC INEQUALITY EDUCATION LEVEL ELECTRONIC BILL ELECTRONIC PAYMENT ELECTRONIC PAYMENTS EMERGING MARKETS EMPLOYER EMPLOYERS EMPLOYMENT OPPORTUNITIES ENTREPRENEURS ENTRY POINT EXCLUSION EXISTING INFRASTRUCTURE EXPATRIATES FINANCES FINANCIAL ACCESS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MANAGEMENT FINANCIAL OUTREACH FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANKING FORMAL BORROWING FORMAL CREDIT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES FRAUD GDP GDP PER CAPITA GENDER GENDER GAP GEOGRAPHIC ACCESS GINI COEFFICIENT GOVERNMENT SECURITIES GROWTH OPPORTUNITIES HOUSEHOLD ACCESS HOUSEHOLD FINANCE HOUSEHOLD INCOME HOUSEHOLDS INACTIVE ACCOUNT INCOME CATEGORY INCOME DISTRIBUTION INCOME GROUP INCOME GROUPS INCOME INEQUALITY INCOME LEVELS INEQUALITY INFLATION INFORMAL LENDER INFORMAL SAVING INFORMAL SAVINGS INNOVATIONS INSTITUTIONAL INFRASTRUCTURE INSURANCE PRODUCTS INTERNATIONAL BANK INTERNATIONAL COMPARISON ISLAMIC LOAN LACK OF AWARENESS LIFE EXPECTANCY LIVESTOCK INSURANCE LOAN LOW-INCOME ECONOMIES MICROFINANCE MICROFINANCE INSTITUTION MIDDLE-INCOME ECONOMIES MINIMUM BALANCES MOBILE BANKING MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES MORTGAGE NATIONAL INCOME NEW PRODUCTS ONLINE PAYMENTS OPEN ACCESS OUTSTANDING LOAN PAYMENT SYSTEMS PENSION PERSONAL ASSET PERSONAL FINANCES PHONE NUMBERS PHONE PENETRATION PHYSICAL ACCESS PHYSICAL DISTANCE POST OFFICE POST OFFICES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PROPENSITY TO SAVE PUBLIC POLICIES PUBLIC POLICY RECEIPT REGRESSION ANALYSIS REGULATORS RELIABILITY REMITTANCE REMITTANCES RESULT RESULTS RETAIL STORE RETAIL STORES RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS BEHAVIOR SAVINGS BONDS SAVINGS GROUP SECURITY CONCERNS SECURITY RISKS SELF-EMPLOYMENT SMALL ENTERPRISES SOURCE OF INCOME SUPERVISION SUPPLY OF CREDIT TELEPHONE TELEPHONE COVERAGE TELLERS TERM CREDIT TRADITIONAL BANKING TRANSACTION TRANSACTIONS COSTS TRANSITION ECONOMIES USER USERS USES WAGES WEALTH WEB WIRE TRANSFERS WITHDRAWAL FEES WORLD DEVELOPMENT INDICATORS Microdata Set This paper provides the first analysis of the Global Financial Inclusion (Global Findex) Database, a new set of indicators that measure how adults in 148 economies save, borrow, make payments, and manage risk. The data show that 50 percent of adults worldwide have an account at a formal financial institution, though account penetration varies widely across regions, income groups and individual characteristics. In addition, 22 percent of adults report having saved at a formal financial institution in the past 12 months, and 9 percent report having taken out a new loan from a bank, credit union or microfinance institution in the past year. Although half of adults around the world remain unbanked, at least 35 percent of them report barriers to account use that might be addressed by public policy. Among the most commonly reported barriers are high cost, physical distance, and lack of proper documentation, though there are significant differences across regions and individual characteristics. 2012-04-27T07:44:25Z 2012-04-27T07:44:25Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/16232817/measuring-financial-inclusion-global-findex-database http://hdl.handle.net/10986/6042 English Policy Research Working Paper ; No. 6025 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |