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Global Findex Report (world bank[] publication)

Global Findex database is the world’s most comprehensive data set behavioral analysis on how adults save, borrow, make payments, and manage financial risk. With the help of the Bill & Melinda Gates Foundation world bank publish this report. The database has been published every three years since 2011. Required data are collected with partnership of Gallup, Inc., through nationally representative surveys about more than 150,000 adults in over 140 economies. The 2017 edition (latest) includes updated indicators on access to and use of formal and informal financial activities and services. And it adds letest data on the use of financial technology (fintech), including the use of mobile devices(phones) and the internet to conduct financial transactions.

Financial inclusion is on the rise worldwide. The latest 2017 Global Findex database shows that 1.2 billion adults have accessed an account since 2011, including 515 million since 2014. Between 2014 and 2017, the share of adults who have an account with a financial/banking institution or through a mobile money service/mobile banking rose globally from 62 percent to 69 percent. In developing economies, the share increased from 54 percent to 63 percent. Yet, women of developing economies remain 9 percentage points less likely than men to have a bank account. This third edition of the latest database points to advances in digital technology that are key to achieving the World Bank goal of Universal Financial Access by 2020 and also achieving the Sustainable development goal 2030 in various manners.

181 countries data have been taken in consideration in latest report 2017.