How 'financial inclusion' can help lift millions of people out of poverty - on Radio Davos

Sep 9, 2022

Mobile phones have been a driver of financial inclusion. Image: REUTERS/Thomas Mukoya

Robin Pomeroy

Podcast Editor, World Economic Forum

Our Impact

The Big Picture

Explore and monitor how Sustainable Development is affecting economies, industries and global issues

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Sustainable Development

Discover

What is the Forum doing to improve the global banking system?

Financial inclusion: Adults without an account receiving private sector wages in the past year in cash only, 2021

State of financial inclusion: Adults without an account receiving private sector wages in the past year (2021) in cash only. Image: Global Findex Database 2021

Financial inclusion: In developing economies, the share of adults making or receiving digital payments grew from 35 percent in 2014 to 57 percent in 2021

In developing economies, the financial inclusion increased as the share of adults making or receiving digital payments grew from 35% in 2014 to 57% in 2021. Image: Global Findex Database 2021

“”

— Leora Klapper, World Bank

“”

— Leora Klapper, World Bank

Financial inclusion: In developing economies, 36 percent of adults received a payment into an account. Of those, 83 percent also reported that they made a digital payment.

Financial inclusion: In developing economies, 36% of adults received a payment into an account. Image: Global Findex Database 2021

Have you read?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.