sources: 17564

{
    "link": "https://unstats.un.org/sdgs/indicators/database/",
    "retrievedDate": "15-November-19",
    "additionalInfo": "Last updated: 19 July 2016 \n\n \n \nGoal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment \nand decent work for all \nTarget 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to \nbanking, insurance and financial services for all \nIndicator 8.10.2: Proportion of adults (15 years and older) with an account at a bank or \nother financial institution or with a mobile-money-service provider \n \nInstitutional information \n \nOrganization(s): \n \nWorld Bank (WB) \n \nConcepts and definitions \n \nDefinition: \n \nThe percentage of adults (ages 15+) who report having an account (by themselves or together with \nsomeone else) at a bank or another type of financial institution or personally using a mobile money \nservice in the past 12 months.  \n \nRationale: \n \nAccess to formal financial services such as savings, insurance, payments, credit and remittances is \nessential to the ability of people\u2014regardless of income level, gender, age, education or where they live\u2014\nto manage their lives, build their futures, and grow their businesses. Having access to an account is an \nimportant starting point for people to access arange of financial services. \n \nConcepts: \n \nAccount at a financial institution includes respondents who report having an account at a bank or at \nanother type of financial institution, such as a credit union, microfinance institution, cooperative, or the \npost office (if applicable), or having a debit card in their own name. In addition, it includes respondents \nwho report receiving wages, government transfers, or payments for agricultural products into an account \nat a financial institution in the past 12 months; paying utility bills or school fees from an account at a \nfinancial institution in the past 12 months; or receiving wages or government transfers into a card in the \npast 12 months. Mobile money account includes respondents who report personally using GSM \nAssociation (GSMA) Mobile Money for the Unbanked (MMU) services in the past 12 months to pay bills \nor to send or receive money. In addition, it includes respondents who report receiving wages, \ngovernment transfers, or payments for agricultural products through a mobile phone in the past 12 \nmonths. \n \nComments and limitations: \n \nWorld Bank\u2019s Global Findex database is based on individual level surveys worldwide, conducted every \nthree years. The first round of the survey was done in 2011, and the second in 2014. The third round will \nbe done in 2017. The database covers about 140 countries. \n \n\n\fLast updated: 19 July 2016 \n\n \n \nMethodology \n \nComputation Method: \n \nThe indicator is based on data collected through individual level surveys in each country with \nrepresentative samples. Appropriate sampling weights are used in calculating country-level aggregates. \n \nDisaggregation: \n \nDisaggregation by Income; Age; Education level; Urban/rural; Gender \n \nTreatment of missing values: \n \n\n\u2022  At country level \n\n\u2022  At regional and global levels \n\n \nn/a \n \n\n \nn/a \n \n\nRegional aggregates: \n \nCountry level; the percentage of adults owning accounts is multiplied by the number of adults in the \ncountry. Then for regional values, sum across all countries in the region is taken and divided by the total \nadults living in the region. Similarly, for global figures, the same calculation is repeated for all countries. \n \nSources of discrepancies: \n \nGlobal Findex is an individual level survey, measuring individual\u2019s ownership of accounts. As financial \ninclusion is an individual-level concept, this is the appropriate measure. Other surveys that are done at \nhousehold level may measure the access to finance through another member of the household which \nmay overestimate financial inclusion. \n \nData Sources \n \nDescription: \n \nThe indicators in the 2014 Global Financial Inclusion (Global Findex) database are drawn from survey data \ncovering almost 150,000 people in more than 140 economies\u2014representing more than 97 percent of the \nworld\u2019s population. The survey was carried out over the 2014 calendar year by Gallup, Inc. as part of its \nGallup World Poll, which since 2005 has continually conducted surveys of approximately 1,000 people in \neach of more than 160 economies and in over 140 languages, using randomly selected, nationally \nrepresentative samples. The target population is the entire civilian, noninstitutionalized population age \n15 and above.  \n \nMethodology, including interview procedures, data preparation, margin of error and notes by country are \nall available at \nhttp://www.worldbank.org/content/dam/Worldbank/Research/GlobalFindex/PDF/Methodology.pdf \n\n\fLast updated: 19 July 2016 \n\n \n \n \nCollection process: \n \nData are comparable across countries by design. \n \nData Availability \n \nDescription: \n \nCountries that have at least 1 data point after 2010 for this indicator: \n \nAsia and Pacific: 35 \nAfrica: 38  \nLatin America and the Caribbean: 21 \nEurope, North America, Australia, New Zealand and Japan: 47 \n \nTime series: \n \n2011 and 2014. To be collected every 3 years. \n \nCalendar \n \nData collection: \n \nNext collection round: 2017. Data are collected every three years. \n \nData release: \n \n2017 \n \nData providers \n \nn/a \n \nData compilers \n \nWorld Bank \n \nReferences \n \nURL: \n \nwww.worldbank.org \n \n\n\fLast updated: 19 July 2016 \n\n \n \nReferences: \n \nhttp://www.worldbank.org/globalfindex \n \nRelated indicators \n \n1.4, 5.a, 2.3 \n \n\n\f",
    "dataPublishedBy": "United Nations Statistics Division",
    "dataPublisherSource": null
}