Indicator 8.10.2 - Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
Proportion of U.S. households with a checking account, savings account, money market account, or certificate of deposit
Proportion of U.S. households with a checking account, savings account, money market account, or certificate of deposit
Global Metadata
This table provides information on metadata for SDG indicators as defined by the United Nations Statistical Commission. Complete global metadata documentation on all indicators in Goal 8, unless otherwise noted, is provided by the UN Statistics Division.
| SDG Indicator Name | Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider |
|---|---|
| SDG Target Addressed | Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all. |
| Definition of SDG Indicator | Definition This indicator denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution; having a debit card in their own name; receiving wages, government transfers, or payments for agricultural products into an account or through a mobile phone at a financial institution in the past 12 months; paying utility bills or school fees from an account at a financial institution in the past 12 months; receiving wages or government transfers into a card in the past 12 months; or personally using a mobile phone to pay bills or to send or receive money through a GSM Association (GSMA) Mobile Money for the Unbanked (MMU) service in the past 12 months (% age 15+) Concepts Account (% age 15+): The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see definition for "account at a financial institution") or personally using a mobile money service in the past 12 months (see definition for "mobile money account"). |
| UN Designated Tier | 1 |
| UN Custodial Agency | World Bank (Partnering Agencies: UNCDF) |
U.S. Metadata
This table provides metadata for the actual indicator available from U.S. statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from U.S. statistics, this table should be consulted for information on national methodology and other US-specific metadata information
| Method of computation for global SDG indicator | |
|---|---|
| Graph Title | Proportion of U.S. households with a checking account, savings account, money market account, or certificate of deposit |
| Actual indicator available | Proportion of households with interest earning assets at financial institutions |
| Description of actual indicator available | Proportion of households with a checking account, savings account, money market account, or certificate of deposit |
| Method of computation | Weighted sample mean from the Survey of Income and Program Participation |
| Comments and limitations | This statistic does not include regular (non-interest earning) checking accounts, which is a common type of bank account in the United States |
| Periodicity | Annual, missing some years |
| Time Period | Annual |
| Unit of measure | Proportion |
| Disaggregation #1 (Industry or social categories) | Available by househoulder race and Hispanic origin, householder age, householder education, type of household, householder labor force activity, monthly household income, household net worth, and tenure |
| Disaggregation #2 (Geographical coverage) | National and by 4 U.S. regions |
| Date of public data release from National source | July 2013 |
| Date of last Update of This Page | January 2017 |
| Scheduled Update by National source | |
| Scheduled Update by SDG Team | |
| Data Source1 (Agency STAFF NAME) | Jonathan Eggleston |
| Data Source2 (Staff E-MAIL) | jonathan.s.eggleston@census.gov |
| Data Source3 (Agency/Survey/Dataset name) | U.S. Census Bureau, Survey of Income and Program Participation |
| Indicator web address (closest to data provided) | Web source: Detailed Tables on Wealth and Asset Ownership https://www.census.gov/people/wealth/data/dtables.html |
| International and National References | NA |