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The following list ranks countries by the share of population with access to financial services. Access to financial services is defined as the share of the adult population (population ages 15+) with an account ownership at a financial institution or with a mobile-money-service provider. The data for the ranking taken from the Global Financial ...
However, in many countries financial access is still limited to only 20–50 percent of the population, excluding many poor individuals and SMEs. [4] Many reasons could explain the limited financial access especially among the poor. First, the poor lack the education and knowledge needed to understand financial services that are available to them.
Several surveys and datasets have worked to measure various aspects of financial inclusion including access and usage of financial services. [14] [16] [17] Some sources, such as the World Bank's Global Findex database or the Gates foundation's Financial Inclusion Tracker Surveys are household surveys attempting to measure usage of financial services from the consumer's perspective. [14]
Access to banking services can provide the resources to turn ideas into businesses. ... $100 to open a checking or savings account, according to the Consumer Financial Protection Bureau. Survey ...
The production, distribution and consumption of goods and services: List of countries by business R&D intensity; List of countries by economic complexity; List of countries by exchange rate regime; List of countries by financial assets per capita; List of countries by gross fixed capital formation; List of countries by guaranteed minimum income
1. Denmark: 71% (tie) The European country of Denmark is tied for the number one spot with Norway and Sweden, with 71% financial literacy. In general, according to Tell Us, though there is high ...
Change in access to a financial account or services between 2005 and 2014 by country [2]. The term "financial services" became more prevalent in the United States partly as a result of the Gramm–Leach–Bliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge.
Financial services by country refers to the services provided in any given country by the finance industry: banks, investment banks, insurance companies, credit card companies, consumer finance companies, government sponsored enterprises, and stock brokerages