In 2023, the financial inclusion rate in Egypt continued its upward trajectory, reaching 70.7 percent of the population 16 years and older. This was 43 percentage points higher compared to eight years prior, when around 27 percent of the adult population in the country had an account in a bank, Egypt Post, mobile wallet, or a prepaid card. In 2023, 46.9 million adults in the country owned a transaction account.
Financial inclusion rate in Egypt from 2016 to 2023
Financial inclusion rate measures the population's usage and ownership of transaction accounts, including bank accounts, accounts with the Egypt Post, prepaid cards, and mobile wallets.
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Central Bank of Egypt. (February 20, 2024). Financial inclusion rate in Egypt from 2016 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/
Central Bank of Egypt. "Financial inclusion rate in Egypt from 2016 to 2023." Chart. February 20, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/
Central Bank of Egypt. (2024). Financial inclusion rate in Egypt from 2016 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/
Central Bank of Egypt. "Financial Inclusion Rate in Egypt from 2016 to 2023." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/
Central Bank of Egypt, Financial inclusion rate in Egypt from 2016 to 2023 Statista, https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/ (last visited December 22, 2024)
Financial inclusion rate in Egypt from 2016 to 2023 [Graph], Central Bank of Egypt, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/1472089/egypt-financial-inclusion-rate/