- Name
- Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile money service provider
- Indicator purpose
- The purpose of this indicator is to measure access to banking and financial institutions.
- Abstract
- The indicator measures the percentage of adults (ages 15+) who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or personally using a mobile money service in the past 12 months.
- Contact organization / person
- Central Bank of Belize (CBB)
- Unit of measure
- Percentage (%)
- Other characteristics
- Access to formal financial services such as savings, insurance, payments, credit and remittances is essential to the ability of people—regardless of income level, gender, age, education or where they live— to manage their lives, build their futures, and grow their businesses. Having access to an account is an important starting point for people to access arrange of financial services.
- Classification used
- Account at a financial institution includes respondents who report having an account at a bank or at another type of financial institution, such as a credit union, microfinance institution, cooperative, or the post office (if applicable), or having a debit card in their own name. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products into an account at a financial institution in the past 12 months; paying utility bills or school fees from an account at a financial institution in the past 12 months; or receiving wages or government transfers into a card in the past 12 months.
Mobile money account includes respondents who report personally using GSM Association (GSMA) Mobile Money for the Unbanked (MMU) services in the past 12 months to pay bills or to send or receive money. In addition, it includes respondents who report receiving wages, government transfers, or payments for agricultural products through a mobile phone in the past 12 months.
- Disaggregation
- is by income, age, education level, urban/rural and gender.
- Key statistical concepts
- The indicator is based on data collected through individual level surveys in each country with representative samples. Appropriate sampling weights are used in calculating country-level aggregates.
- Recommended uses
- This indicator is used to measure the percentage of adults (ages 15+) who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or personally using a mobile money service in the past 12 months.
- Other comments
- World Bank’s Global Findex database is based on individual level surveys worldwide, conducted every three years. The first round of the survey was done in 2011, and the second in 2014. The third round will be done in 2017. The database covers about 140 countries.
All the metadata shown in this document was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.
- Target 2030
- 10. Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
