Access to financial services and financial education has helped youth (ages 15–24) in developing countries spend less time worrying about finances and more time in school concentrating on creating financial security for their future. Youth are often overlooked as a segment of society needing better access to finance, despite accounting for nearly one-fifth of the world’s adult population and representing three in 10 adults in FII countries that we study.  They are less likely than those ages 25 and over to have stable sources of income, making them more susceptible to major economic shocks such as family members’ deaths, medical emergencies, or loss of income sources. Access to financial services and improved financial education can help youth better prepare for their futures and avoid falling into poverty traps that have held back many in prior generations.

Youth Population

Age 15-24 by Country
The most common reason Indonesian youth give for not using mobile money is that they don’t know what it is.

Financial Inclusion

financial inclusion of youth
Tanzanian youth were most likely to have mobile money accounts (56%) while Indonesian youth were least likely (0.4%).


youth savers by country
Over half (57%) of Ugandan youth had previously borrowed money, the highest among FII countries.

Which country has the lowest percentage of youth who saves, and which has the highest?

Bangladesh has the lowest, and Kenya has the highest.

Above 30% of youth are financially literated in all FII countries.

False. (Financial literacy percentages in youth is below 30% in most of FII countries, except Bangladesh is at 32%)

True or false

Over half of youth have the ability to send and receive text message in all FII countries.


Which country has the highest percentage of youth who are financially included?

India (67%)

True or false

African youth are more likely to have borrowed money in the previous year than youth in other FII regions.


True or false

The primary reason that mobile-money-aware youth in Bangladesh and Pakistan report not using a mobile money account is that they don't need to use mobile money.