Global Financial Inclusion Improved for the Second Consecutive Year Despite Challenging Macroeconomic Conditions, According to the Global Financial Inclusion Index From Principal®

08/10/2024 02:35 PM

​​​​​​​DES MOINES, Iowa, Oct 8 (Bernama) -- Singapore is once again the world’s most financially inclusive market across 41 analyzed, followed by Hong Kong, South Korea, Switzerland, and Sweden, according to the third edition of the Global Financial Inclusion Index (the Index) from Principal Financial Group®.

The research released today, conducted by the Centre for Economics and Business Research (Cebr) and Principal®, ranks markets based on the support provided by employers, the government, and the financial system to foster financial inclusion. The report provides a comprehensive and comparative evaluation of financial inclusion on a global scale – ranking 41 markets on a relative basis in addition to an absolute score assigned at the global and regional levels.

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