Financial exclusion remains high in many parts of the world. In several countries, more than two out of three adults are unbanked, yet the majority own a mobile phone. This contrast between connectivity and financial access highlights both the persistent gaps in global inclusion and the massive opportunity to close them.
Created in partnership with Plasma, this graphic, via Visual Capitalist’s Jenna Ross, shows how ownership of financial accounts and mobile phones compares across countries. It’s part of our Money 2.0 series, where we highlight how finance is evolving into its next era.
The Unbanked Gap
In low- and middle-income economies, 84% of adults own a mobile phone, while 75% of people have financial accounts. This gap is much wider in some countries, especially in Africa and the Middle East.
For the most unbanked countries worldwide, here are the percentages of adults who own a financial account and those who own a mobile phone.