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Metadata Glossary
What's New
World Development Indicators was updated on March 28, 2024
Global Financial Inclusion was updated on March 28, 2024
Logistics Performance Index (LPI) was updated on March 26, 2024
Joint External Debt Hub was updated on March 25, 2024
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Code
GFDD.AI.14
Indicator Name
Borrowed any money in the past year (% age 15+)
Short definition
The percentage of respondents who borrowed any money in the past 12 months from any of the following sources: a formal financial institution, a store by using installment credit, family or friends, employer, or another private lender (% age 15+). (Note that getting a loan does not necessarily require having an account.)
Long definition
The percentage of respondents who borrowed any money in the past 12 months from any of the following sources: a formal financial institution, a store by using installment credit, family or friends, employer, or another private lender (% age 15+). (Note that getting a loan does not necessarily require having an account.) The variables correspond to Global Findex variable fin23_t_d.
Source
Global Financial Inclusion (Global Findex) Database, World Bank
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