Knowledge Note

New data from the Global Financial Inclusion (Global Findex) database show that 50 percent of adults worldwide have an account at a formal financial institution. The data also show deep disparities across regions, economies, and individual characteristics in how people use financial services. The database can be used to track the effects of financial inclusion policies globally and develop a deeper and more nuanced understanding of how people around the world save, borrow, make payments, and manage risk.