Bank account penetration rate in Egypt 2011-2021

Published by
Saifaddin Galal,
Dec 15, 2023
In 2021, around 30 percent of the adult population in Egypt had an account at a bank or a financial institution. In the last decade, the bank penetration in the country grew significantly, but decreased again between 2017 and 2021.

Bank account penetration rate in Egypt from 2011 to 2021

CharacteristicBank account penetration rate
2021 27%
2017 33%
2014 14%
2011 10%
Showing entries 1 to 4 (4 entries in total)
Created with Highcharts 7.2.2Bank account penetration rate10%10%14%14%33%33%27%27%2011201420172021
0%5%10%15%20%25%30%35%40%

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Release date

2022

Region

Egypt

Survey time period

2011 to 2021

Number of respondents

1,003 respondents

Age group

15 years and older

Special properties

population with an account at a bank or another financial institution

Method of interview

Face-to-face interviews, telephone interviews

Supplementary notes

The data collection took place between September 4 to September 28, 2021

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