Under the leadership of the Chinese G20 Presidency and in consultation with G20 members and GPFI Implementing Partners, new indicators have been added to the set of G20 Financial Inclusion Indicators to measure the use, availability, and quality of digital financial services.
Photo credit: Simone D. McCourtie / World Bank
The expansion and revision of the existing set of G20 Financial Inclusion Indicators is driven by the development of new digital models, as well as the availability of new data on both the demand for and supply of digital financial services. Technology has a vital role to play in promoting the spread of financial inclusion, especially when it comes to accounts that can be accessed more affordably and conveniently through a mobile device.
The new and updated indicators measure both use of digital payments and access to digital infrastructure. They cover a wide range of payment instruments and access channels across more than 200 economies worldwide and support the G20's commitment to financial inclusion as part of the global push to end poverty.