The International Monetary Fund (IMF) released the 2018 Financial Access Survey. The survey includes information from 189 countries spanning over 10 years. Key findings in the report include: Highlighting the use of retail agent outlets, mobile money growth, and progress in women’s financial inclusion.
According to data from the report, financial inclusion for women has shown improvement.
- In Malaysia, for instance, the gender gap in the number of loan accounts held by men and women per 1,000 adults has narrowed over time.
- In Chile, the gender gap seems to have been reversed, with the number of deposit accounts held by women per 1,000 adults exceeding those held by men.
- In Angola and India, the FAS data shows that financial inclusion for women, measured by deposit accounts per 1,000 adults, has increased significantly over the past decade.