Scribd Logo
Upload

Welcome to Scribd!

  • 18 views

    Russian Federation: Europe & Central Asia Upper Middle Income

    Uploaded by

    arif ramadhan
    This document contains statistics about financial inclusion in Russia compared to other countries in Europe and Central Asia as well as globally. Some key points: - 75.8% of Russian adults have a bank account, higher than the regional average but lower than globally. Account ownership has increased since 2011 but mobile money accounts are not widely used. - 70.5% of Russian adults made or received a digital payment in the past year, higher than regional peers. Government payments and bill payments are common digital payment uses. - Saving rates at financial institutions are lower in Russia than globally but similar rates of overall saving exist. Borrowing from banks and credit cards is lower than average.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Russian Federation: Europe & Central Asia Upper Middle Income

    Uploaded by

    arif ramadhan
    18 views1 page
    This document contains statistics about financial inclusion in Russia compared to other countries in Europe and Central Asia as well as globally. Some key points: - 75.8% of Russian adults have a bank account, higher than the regional average but lower than globally. Account ownership has increased since 2011 but mobile money accounts are not widely used. - 70.5% of Russian adults made or received a digital payment in the past year, higher than regional peers. Government payments and bill payments are common digital payment uses. - Saving rates at financial institutions are lower in Russia than globally but similar rates of overall saving exist. Borrowing from banks and credit cards is lower than average.

    Original Description:

    Original Title

    Russian Federation

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains statistics about financial inclusion in Russia compared to other countries in Europe and Central Asia as well as globally. Some key points: - 75.8% of Russian adults have a bank account, higher than the regional average but lower than globally. Account ownership has increased since 2011 but mobile money accounts are not widely used. - 70.5% of Russian adults made or received a digital payment in the past year, higher than regional peers. Government payments and bill payments are common digital payment uses. - Saving rates at financial institutions are lower in Russia than globally but similar rates of overall saving exist. Borrowing from banks and credit cards is lower than average.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    18 views1 page

    Russian Federation: Europe & Central Asia Upper Middle Income

    Uploaded by

    arif ramadhan
    This document contains statistics about financial inclusion in Russia compared to other countries in Europe and Central Asia as well as globally. Some key points: - 75.8% of Russian adults have a bank account, higher than the regional average but lower than globally. Account ownership has increased since 2011 but mobile money accounts are not widely used. - 70.5% of Russian adults made or received a digital payment in the past year, higher than regional peers. Government payments and bill payments are common digital payment uses. - Saving rates at financial institutions are lower in Russia than globally but similar rates of overall saving exist. Borrowing from banks and credit cards is lower than average.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Russian Federation

    Europe & Central Asia Upper middle income


    Population, age 15+ (millions) 119.4 GNI per capita ($) 9,720
    Europe & Upper
    Country Central middle
    data Asia income

    Account (% age 15+)


    All adults 75.8 65.3 73.1
    All adults, 2014 67.4 57.8 71.6
    All adults, 2011 48.2 44.8 57.0

    Financial institution account (% age 15+)


    All adults 75.8 65.1 72.8
    All adults, 2014 67.4 57.8 71.5
    All adults, 2011 48.2 44.8 57.0

    Mobile money account (% age 15+)


    All adults .. 3.2 3.2
    All adults, 2014 .. 0.2 0.8

    Account, by individual characteristics (% age 15+)


    Women 76.1 62.5 69.3
    Adults belonging to the poorest 40% 70.2 56.3 62.4
    Adults out of the labor force 66.6 52.8 61.6
    Adults living in rural areas 75.7 61.7 72.9

    Digital payments in the past year (% age 15+)


    Made or received digital payments 70.5 60.4 62.3
    Made or received digital payments, 2014 53.4 46.1 44.4
    Used an account to pay utility bills 27.9 23.0 22.6
    Used an account to receive private sector wages 25.7 21.2 17.8
    Used an account to receive government payments 33.4 28.8 17.9
    Used the internet to pay bills or to buy something online 39.6 30.6 37.5
    Used a mobile phone or the internet to access an account 33.2 23.1 30.6
    Used a debit or credit card to make a purchase 45.6 38.5 38.1

    Inactive account in the past year (% age 15+)


    No deposit and no withdrawal from an account 7.5 6.6 10.8
    No deposit and no withdrawal from a financial institution account 7.5 6.7 11.0

    Domestic remittances in the past year (% age 15+)


    Sent or received domestic remittances through an account 17.7 12.8 14.5
    Sent or received domestic remittances through an OTC service 12.1 7.0 6.4
    Sent or received domestic remittances through cash only 5.0 8.0 5.3

    Saving in the past year (% age 15+)


    Saved at a financial institution 13.5 14.4 26.9
    Saved at a financial institution, 2014 15.5 11.0 31.5
    Saved using a savings club or person outside the family 1.7 5.0 5.9
    Saved any money 36.2 37.0 46.4
    Saved for old age 14.4 15.0 19.1

    Credit in the past year (% age 15+)


    Borrowed from a financial institution or used a credit card 23.0 24.2 22.4
    Borrowed from a financial institution or used a credit card, 2014 21.9 22.3 22.1
    Borrowed from family or friends 22.7 24.5 26.1
    Borrowed any money 41.3 44.0 44.4
    Outstanding housing loan 15.0 11.6 11.1

    128 2018  The Little Data Book on Financial Inclusion

    You might also like