Analysis: Unveiling the Global Findex Database 2021 in Five Charts
By Saniya Ansar, Jijun Wang, Mansi Vipin Panchamia, Sri Sravya Raaga Akkineni
Financial services such as payments, savings accounts, and credit can help drive development by helping people escape poverty by facilitating investments in their health, education, and businesses. Given the range of potential benefits, the Global Findex Database 2021 offers rare positive news on growth in both account ownership and use of financial services during a turbulent financial year.
This latest edition of the Global Findex Database was collected during the COVID-19 pandemic, updating financial inclusion indicators that were previously captured in 2011, 2014, and 2017. Explore the complete findings in the Global Findex Database 2021 report.
Here, we offer a preview of the top five findings: