FINDEX NOTES: The Global Findex Database
The World Bank
Download Document| Date Published | 2012 |
| Version | |
| Primary Author | Asli Demirguc-Kunt |
| Other Authors | Leora Klapper, Simon Walley |
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Abstract
New Data on Borrowing to Purchase, Renovate, or Construct a Home New data from the Global Financial Inclusion (Global Findex) database show that 7 percent of adults worldwide have an outstanding loan for the purchase of a home. The data also show great variation across economies and income groups: while 24 percent of adults in high-income economies report having a home loan, only 3 percent do in developing economies. The database can be used to track the effects of financial inclusion policies globally and develop a deeper and more nuanced understanding of how people around the world save, borrow, make payments, and manage risk.