Account at a formal financial institution (% age 15+)
How will major forces such as demographic change, income growth, urbanization, and technology influence the evolution of financial inclusion over the next decade?
The Mapping the Invisible Market project provides data, analysis, and tools to answer this question. In doing so, it contributes a fact base to FI2020’s efforts to create a movement toward full financial inclusion by the year 2020.
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A close look at major forces beyond the strictly financial realm brings a fresh perspective to the financial inclusion debate. The project provides a quantitative lens on recent demographic, income, and other trends. It also projects these trends forward to 2020 and beyond. The projections illuminate the size and nature of the market for financial services at the bottom of the pyramid in the coming years. The analysis also reviews the current state of financial inclusion, using the new Global Findex data developed by the World Bank and Gallup.
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FI2020's Mapping the Invisible Market is generously supported by MasterCard Worldwide.