Home
  • ABOUT
  • DATA
  • RESEARCH
  • LEARNING
  • NEWS
  • PROJECTS & OPERATIONS
  • PUBLICATIONS
  • COUNTRIES
  • TOPICS
Education
This page in:
  • English
Go to
home

Topic Dashboard

Explore Data

Access dashboards showing data disaggregated by individual characteristics, by region and by country displaying tables and graphs with the latest data and trends.

Access Database

Education

Education and financial literacy are important factors in determining individuals’ use formal financial products. In developing economies, adults with a tertiary education are more than twice as likely to have a formal account as those with a primary education or less. Among adults with a primary education or less in low income economies, only 7 percent have saved at a formal financial institution in the past year compared to the global average of 22 percent.

Adults who borrowed from a formal financial institution in the past 12 months, by education (in %)
Adults who saved at a formal financial institution in the past 12 months, by education (in %)
Adults with an account at a formal financial institution, by education (in %)
Source: Demirguc-Kunt and Klapper, 2012
global findex legend

Featured indicators

Please click an indicator to see it mapped in the data visualizer
Account at a formal financial institution, primary education or less (% age 15+)
Account at a formal financial institution, secondary education or more (% age 15+)
Saved at a financial institution in the past year, primary education or less (% age 15+)
Saved at a financial institution in the past year, secondary education or more (% age 15+)
Loan from a financial institution in the past year, primary education or less (% age 15+)
Loan from a financial institution in the past year, secondary education or more (% age 15+)
Account used to receive wages, primary education or less (% age 15+)
Account used to receive wages, secondary education or more (% age 15+)
Account used to receive government payments, primary education or less (% age 15+)
Account used to receive government payments, secondary education or more (% age 15+)
Account used to receive remittances,primary education or less (% age 15+)
Account used to receive remittances,secondary education or more (% age 15+)

Source: Demirgunc-Kunt and Klapper, 2012