Younger adults make up a disproportionately large share of unbanked adults worldwide. Data from the Global Financial Inclusion (Global Findex) database show that 44 percent of youth (ages 18-25) have an account at a formal financial institution, compared with 55 percent of older adults (ages 26-64). Just 18 percent of youth report having saved formally in the past year, and 6 percent having borrowed formally. The age gap in account penetration persists...
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INFORMATION
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2013/10/01
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Fiche
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82398
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1
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1
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2013/11/05
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Disclosed
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The Global Findex database : financial inclusion of youth
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youth
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