Active Mobile Money Accounts Statistics in India (2026)
As of 2024, active mobile money accounts in India was 395.3 per 1,000 adults, per IMF Financial Access Survey data. Up from 384.9 per 1,000 adults in 2023 to 395.3 per 1,000 adults in 2024. India ranks #2 of 4 economies in South Asia on this measure, and #31 of 60 globally.
Key Statistics
- Latest value (2024)
- 395.3 per 1,000 adults (2024)
- Active Mobile Money Accounts in India as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +2.7% (2024)
- Up from 384.9 per 1,000 adults in 2023 to 395.3 per 1,000 adults in 2024.
- CAGR 2019–2024
- −13.7% per year (2024)
- Compound annual growth rate from 826.8 per 1,000 adults in 2019 to 395.3 per 1,000 adults in 2024.
- Earliest value in this dataset (2019)
- 826.8 per 1,000 adults (2019)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 826.8 per 1,000 adults in 2019 to 395.3 per 1,000 adults in 2024.
- Peak value (2021)
- 1,169.4 per 1,000 adults (2021)
- Highest value in the available series; the 2024 value is 395.3 per 1,000 adults.
- Rank in South Asia
- #2 of 4 (2024)
- India ranks 2 of 4 countries in South Asia with data, based on each country's latest value.
- Global rank
- #31 of 60 (2024)
- India ranks 31 of 60 countries with data globally.
- South Asia average
- 380.9 per 1,000 adults (2024)
- India (395.3 per 1,000 adults) is above the average of 380.9 per 1,000 adults across the 4 countries in South Asia with data.
- Projected 2026 value
- 294.3 per 1,000 adults (2026)
- Projection based on 5-year trend (CAGR -13.7%); not an official figure.
- Active mobile money accounts (number) (2024)
- 432.3 million (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in India (2025)
- 70% (2025)
- 70% of the population in India used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 1.5 billion (2024)
- India had a population of 1.5 billion in 2024 (World Bank); shown for scale only.
Trend, 2019–2024
| Year | per 1,000 adults | Change |
|---|---|---|
| 2024 | 395 | +2.7% |
| 2023 | 385 | +13.7% |
| 2022 | 339 | −71.0% |
| 2021 | 1,169 | +1.3% |
| 2020 | 1,154 | +39.6% |
| 2019 | 827 | — |
Frequently asked questions
What is the latest figure for active mobile money accounts in India?
Active mobile money accounts in India stood at 395.3 per 1,000 adults in 2024, according to IMF Financial Access Survey data.
How has active mobile money accounts in India changed over time?
IMF Financial Access Survey data show a decline from 826.8 per 1,000 adults in 2019 to 395.3 per 1,000 adults in 2024.
How does India compare with other countries in South Asia?
India ranks 2 of 4 countries in South Asia with data, with 395.3 per 1,000 adults versus a regional average of 380.9 per 1,000 adults (latest values per country).
Where does India rank globally on active mobile money accounts?
India ranks 31 of 60 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
Source & methodology
Source: IMF Financial Access Survey, indicator
FA63N.PTADLT_NUM, 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 .