Formal & Mobile Money Borrowing Statistics in Bangladesh (2026)
13.1% of adults in Bangladesh borrowed from a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Down from 16.3% in 2021 to 13.1% in 2024 (−3.1 percentage points). Bangladesh ranks #4 of 4 economies in South Asia on this measure, and #92 of 142 globally.
Key Statistics
- Latest value (2024)
- 13.1% (2024)
- Formal & Mobile Money Borrowing in Bangladesh as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −3.1 pp (2024)
- Down from 16.3% in 2021 to 13.1% in 2024 (−3.1 percentage points).
- Earliest value in this dataset (2014)
- 10% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 10% in 2014 to 13.1% in 2024.
- Peak value (2021)
- 16.3% (2021)
- Highest value in the available series; the 2024 value is 13.1%.
- Rank in South Asia
- #4 of 4 (2024)
- Bangladesh ranks 4 of 4 countries in South Asia with data, based on each country's latest value.
- Global rank
- #92 of 142 (2024)
- Bangladesh ranks 92 of 142 countries with data globally.
- South Asia average
- 15.8% (2024)
- Bangladesh (13.1%) is below the average of 15.8% across the 4 countries in South Asia with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2024)
- 12.7% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Bangladesh (2024)
- 53.4% (2024)
- 53.4% of the population in Bangladesh used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 173.6 million (2024)
- Bangladesh had a population of 173.6 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 13.1% | −3.1 pp |
| 2021 | 16.3% | +7.1 pp |
| 2017 | 9.2% | −0.8 pp |
| 2014 | 10% | — |
Frequently asked questions
What share of adults in Bangladesh borrowed from a formal financial institution or using a mobile money account?
13.1% of adults in Bangladesh borrowed from a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
Where does Bangladesh rank globally on formal & mobile money borrowing?
Bangladesh ranks 92 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did formal & mobile money borrowing in Bangladesh peak?
The highest value in the available series was 16.3% in 2021; the latest (2024) value is 13.1%.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .