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.
Click on the images below to explore more:
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.
Mapping the Invisible Market Publications
By the Numbers: Benchmarking Progress Toward Financial Inclusion. CFI’s quantitative review of the current status of financial inclusion globally, which relies on the two Findex datasets supplemented by data from the EIU Global Microscope 2014, UN, World Development Indicators, IMF, Alliance for Financial Inclusion, and the GSMA State of the Industry.
Aging and Financial Inclusion: An Opportunity. Written in partnership with HelpAge International, this report examines the unmet financial needs of the rapidly growing global aging population, particularly in the developing world. The purpose of this report is to highlight the barriers and opportunities related to financial services in older age and throughout the aging process, a relatively neglected area of study.
Looking Through the Demographic Window: Implications for Financial Inclusion shows how profound demographic shifts in the developing world have important implications for financial inclusion.
Growing Income, Growing Inclusion: How Rising Incomes at the Base of the Pyramid Will Shape Financial Inclusion proposes that massive income growth around the world over this decade will have a significant effect on the demand for and use of formal financial services.
Data sources: United Nations Population Division, World Population Prospects: The 2010 Revision; The World Bank, Global Findex database; and The World Bank, World Development Indicators 2012.