Unbanked population in Belgium 2011-2024

Belgium's share of the population without access to a bank account decreased to a new low in 2021, according to a three-year survey. The decrease seemed especially fueled by the increase of the "unbanked" population - or those who did not have access to the services of a bank or another, similar financial organization - among the richest respondents. The share of respondents who were classified under the poorest 40 percent of the country, for example, grew from 1.1 percent in 2017 to 22 percent in 2021. The source does not mention whether the figures were rounded.

Share of unbanked individuals in Belgium in 2011, 2014, 2017 and 2021 with a forecast for 2024, by age, gender, and income level

Characteristic	2011	2014	2017	2021	2024*
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-
-	-	-	-	-	-

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Release date

March 2024

More information

Region

Belgium

Survey time period

August to November 2021

Number of respondents

approx. 1,000 per country

Age group

15 years and older

Special properties

Entire civilian, noninstitutionalized population; * The data for 2024 is a forecast calculated by Statista; The figures shown are from a global survey held every 3 years. Data for 2021 - the most recent year available - was released in June 2022.

Method of interview

Face-to-face interviews, telephone interviews

Supplementary notes

This question was phrased by the source as follows: "An account can be used to save money, to make or to receive payments, or to receive wages or financial help. Do you, either by yourself or together with someone else, currently have an account at a bank or another type of formal financial institution? Yes or no?"

The source only provided figures for those who answered "yes". The figures shown have been calculated.

Figures for 2024 are a forecast from Statista. Historical figures were used in a linear trend, to form a simple trend projection. This extrapolation uses the method of least squares.

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