Measuring financial inclusion in more than 140 economies
The Global Findex Database database measures how adults around the world - including the poor, women, and rural residents - manage their finances and plan for the future.
Launched with the support of the Bill & Melinda Gates Foundation, the Global Findex collects data on how adults save, borrow, make payments, and manage risk. The 2014 edition provides an update on the indicators that were first gathered in 2011 while adding more nuanced data on mobile money accounts and domestic payments. For the first time, it also explores how adults deal with emergencies by asking whether and how they can come up with money to deal with them.
Global Findex data can be used to develop a more nuanced understanding of how adults around the world use bank accounts, mobile money platforms, and informal financial services. By making it possible to identify segments of the population that are excluded from the formal financial sector, the data can help policy makers prioritize reforms and design new policies.
The indicators are drawn from survey data collected by Gallup, Inc. over the 2014 calendar year, covering about 150,000 adults in more than 140 economies and representing about 97 percent of the world’s population.
The Global Findex database was updated and revised in 2015 to incorporate new data collected in 2014, reflect improvements in the methodology and revisions in the data collection process, and ensure consistency and compatibility with other rounds of the Global Findex database. Compared to the earlier release, the 2011 data for Mozambique, Somalia, and Tunisia are no longer part of the Global Findex database.