In 2022, India overtook China as the world's most populous country and now has almost 1.46 billion people. China now has the second-largest population in the world, still with just over 1.4 billion inhabitants, however, its population went into decline in 2023. Global population As of 2025, the world's population stands at almost 8.2 billion people and is expected to reach around 10.3 billion people in the 2080s, when it will then go into decline. Due to improved healthcare, sanitation, and general living conditions, the global population continues to increase; mortality rates (particularly among infants and children) are decreasing and the median age of the world population has steadily increased for decades. As for the average life expectancy in industrial and developing countries, the gap has narrowed significantly since the mid-20th century. Asia is the most populous continent on Earth; 11 of the 20 largest countries are located there. It leads the ranking of the global population by continent by far, reporting four times as many inhabitants as Africa. The Demographic Transition The population explosion over the past two centuries is part of a phenomenon known as the demographic transition. Simply put, this transition results from a drastic reduction in mortality, which then leads to a reduction in fertility, and increase in life expectancy; this interim period where death rates are low and birth rates are high is where this population explosion occurs, and population growth can remain high as the population ages. In today's most-developed countries, the transition generally began with industrialization in the 1800s, and growth has now stabilized as birth and mortality rates have re-balanced. Across less-developed countries, the stage of this transition varies; for example, China is at a later stage than India, which accounts for the change in which country is more populous - understanding the demographic transition can help understand the reason why China's population is now going into decline. The least-developed region is Sub-Saharan Africa, where fertility rates remain close to pre-industrial levels in some countries. As these countries transition, they will undergo significant rates of population growth

The statistic shows the total population of India from 2019 to 2029. In 2023, the estimated total population in India amounted to approximately 1.43 billion people.

Total population in India

India currently has the second-largest population in the world and is projected to overtake top-ranking China within forty years. Its residents comprise more than one-seventh of the entire world’s population, and despite a slowly decreasing fertility rate (which still exceeds the replacement rate and keeps the median age of the population relatively low), an increasing life expectancy adds to an expanding population. In comparison with other countries whose populations are decreasing, such as Japan, India has a relatively small share of aged population, which indicates the probability of lower death rates and higher retention of the existing population.

With a land mass of less than half that of the United States and a population almost four times greater, India has recognized potential problems of its growing population. Government attempts to implement family planning programs have achieved varying degrees of success. Initiatives such as sterilization programs in the 1970s have been blamed for creating general antipathy to family planning, but the combined efforts of various family planning and contraception programs have helped halve fertility rates since the 1960s. The population growth rate has correspondingly shrunk as well, but has not yet reached less than one percent growth per year.

As home to thousands of ethnic groups, hundreds of languages, and numerous religions, a cohesive and broadly-supported effort to reduce population growth is difficult to create. Despite that, India is one country to watch in coming years. It is also a growing economic power; among other measures, its GDP per capita was expected to triple between 2003 and 2013 and was listed as the third-ranked country for its share of the global gross domestic product.

Chart and table of India population from 1950 to 2025. United Nations projections are also included through the year 2100.

WorldPop produces different types of gridded population count datasets, depending on the methods used and end application. Please make sure you have read our Mapping Populations overview page before choosing and downloading a dataset.


Bespoke methods used to produce datasets for specific individual countries are available through the WorldPop Open Population Repository (WOPR) link below. These are 100m resolution gridded population estimates using customized methods ("bottom-up" and/or "top-down") developed for the latest data available from each country. They can also be visualised and explored through the woprVision App.
The remaining datasets in the links below are produced using the "top-down" method, with either the unconstrained or constrained top-down disaggregation method used. Please make sure you read the Top-down estimation modelling overview page to decide on which datasets best meet your needs. Datasets are available to download in Geotiff and ASCII XYZ format at a resolution of 3 and 30 arc-seconds (approximately 100m and 1km at the equator, respectively):

- Unconstrained individual countries 2000-2020 ( 1km resolution ): Consistent 1km resolution population count datasets created using unconstrained top-down methods for all countries of the World for each year 2000-2020.
- Unconstrained individual countries 2000-2020 ( 100m resolution ): Consistent 100m resolution population count datasets created using unconstrained top-down methods for all countries of the World for each year 2000-2020.
- Unconstrained individual countries 2000-2020 UN adjusted ( 100m resolution ): Consistent 100m resolution population count datasets created using unconstrained top-down methods for all countries of the World for each year 2000-2020 and adjusted to match United Nations national population estimates (UN 2019)
-Unconstrained individual countries 2000-2020 UN adjusted ( 1km resolution ): Consistent 1km resolution population count datasets created using unconstrained top-down methods for all countries of the World for each year 2000-2020 and adjusted to match United Nations national population estimates (UN 2019).
-Unconstrained global mosaics 2000-2020 ( 1km resolution ): Mosaiced 1km resolution versions of the "Unconstrained individual countries 2000-2020" datasets.
-Constrained individual countries 2020 ( 100m resolution ): Consistent 100m resolution population count datasets created using constrained top-down methods for all countries of the World for 2020.
-Constrained individual countries 2020 UN adjusted ( 100m resolution ): Consistent 100m resolution population count datasets created using constrained top-down methods for all countries of the World for 2020 and adjusted to match United Nations national population estimates (UN 2019).

Older datasets produced for specific individual countries and continents, using a set of tailored geospatial inputs and differing "top-down" methods and time periods are still available for download here: Individual countries and Whole Continent.

Data for earlier dates is available directly from WorldPop.

WorldPop (www.worldpop.org - School of Geography and Environmental Science, University of Southampton; Department of Geography and Geosciences, University of Louisville; Departement de Geographie, Universite de Namur) and Center for International Earth Science Information Network (CIESIN), Columbia University (2018). Global High Resolution Population Denominators Project - Funded by The Bill and Melinda Gates Foundation (OPP1134076). https://dx.doi.org/10.5258/SOTON/WP00645

In 2023, India accounted for 17.91 percent of the world's population. India's share of the global population has remained constant, with a decline since 2019.

India Census: Population: Age: Total data was reported at 1,210,854,977.000 Person in 2011. This records an increase from the previous number of 1,028,610,328.000 Person for 2001. India Census: Population: Age: Total data is updated yearly, averaging 1,028,610,328.000 Person from Mar 1991 (Median) to 2011, with 3 observations. The data reached an all-time high of 1,210,854,977.000 Person in 2011 and a record low of 838,567,936.000 Person in 1991. India Census: Population: Age: Total data remains active status in CEIC and is reported by Census of India. The data is categorized under India Premium Database’s Demographic – Table IN.GAD002: Census: Population: by Single Age.

Key information about India population

• The India population reached 1,408.0 million people in Mar 2025, compared with the previously reported figure of 1,395.0 million people in Mar 2024
• The data reached an all-time high of 1,408.0 million people in Mar 2025 and a record low of 359.0 million people in Mar 1951

India population density for 400m H3 hexagons.

Built from Kontur Population: Global Population Density for 400m H3 Hexagons Vector H3 hexagons with population counts at 400m resolution.

Fixed up fusion of GHSL, Facebook, Microsoft Buildings, Copernicus Global Land Service Land Cover, Land Information New Zealand, and OpenStreetMap data.

Individuals using the Internet (% of population) in India was reported at 46.31 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Individuals using the Internet (% of population) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Population: Delhi data was reported at 21.588 Person mn in 2024. This records an increase from the previous number of 21.195 Person mn for 2023. Population: Delhi data is updated yearly, averaging 16.001 Person mn from Mar 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 21.588 Person mn in 2024 and a record low of 10.446 Person mn in 1994. Population: Delhi data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.GAA001: Population. [COVID-19-IMPACT]

India Projection: Population: 10 Years: Male: Age: 85+ data was reported at 4,284,208.000 Person in 2031. This records an increase from the previous number of 3,099,491.000 Person for 2021. India Projection: Population: 10 Years: Male: Age: 85+ data is updated yearly, averaging 3,691,849.500 Person from Mar 2021 (Median) to 2031, with 2 observations. The data reached an all-time high of 4,284,208.000 Person in 2031 and a record low of 3,099,491.000 Person in 2021. India Projection: Population: 10 Years: Male: Age: 85+ data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s Demographic – Table IN.GAI002: Population Projection: 10 Years: by Age Group.

India Census: Population: Age: 100+ data was reported at 605,778.000 Person in 2011. This records an increase from the previous number of 139,472.000 Person for 2001. India Census: Population: Age: 100+ data is updated yearly, averaging 151,646.000 Person from Mar 1991 (Median) to 2011, with 3 observations. The data reached an all-time high of 605,778.000 Person in 2011 and a record low of 139,472.000 Person in 2001. India Census: Population: Age: 100+ data remains active status in CEIC and is reported by Census of India. The data is categorized under India Premium Database’s Demographic – Table IN.GAD002: Census: Population: by Single Age.

Rural population (% of total population) in India was reported at 63.64 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Rural population - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

United States Employment: American Indian or Alaska Native data was reported at 1,980.000 Person th in Feb 2025. This records an increase from the previous number of 1,956.000 Person th for Jan 2025. United States Employment: American Indian or Alaska Native data is updated monthly, averaging 1,327.500 Person th from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 1,980.000 Person th in Feb 2025 and a record low of 837.000 Person th in Oct 2003. United States Employment: American Indian or Alaska Native data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G030: Current Population Survey: Employment.

From now until 2100, India and China will remain the most populous countries in the world, however China's population decline has already started, and it is on course to fall by around 50 percent in the 2090s; while India's population decline is projected to begin in the 2060s. Of the 10 most populous countries in the world in 2100, five will be located in Asia, four in Africa, as well as the United States. Rapid growth in Africa Rapid population growth across Africa will see the continent's population grow from around 1.5 billion people in 2024 to 3.8 billion in 2100. Additionally, unlike China or India, population growth in many of these countries is not expected to go into decline, and instead is expected to continue well into the 2100s. Previous estimates had projected these countries' populations would be much higher by 2100 (the 2019 report estimated Nigeria's population would exceed 650 million), yet the increased threat of the climate crisis and persistent instability is delaying demographic development and extending population growth. The U.S. as an outlier Compared to the nine other largest populations in 2100, the United States stands out as it is more demographically advanced, politically stable, and economically stronger. However, while most other so-called "advanced countries" are projected to see their population decline drastically in the coming decades, the U.S. population is projected to continue growing into the 2100s. This will largely be driven by high rates of immigration into the U.S., which will drive growth despite fertility rates being around 1.6 births per woman (below the replacement level of 2.1 births per woman), and the slowing rate of life expectancy. Current projections estimate the U.S. will have a net migration rate over 1.2 million people per year for the remainder of the century.

Abstract

The fourth edition of the Global Findex offers a lens into how people accessed and used financial services during the COVID-19 pandemic, when mobility restrictions and health policies drove increased demand for digital services of all kinds.

The Global Findex is the world's most comprehensive database on financial inclusion. It is also the only global demand-side data source allowing for global and regional cross-country analysis to provide a rigorous and multidimensional picture of how adults save, borrow, make payments, and manage financial risks. Global Findex 2021 data were collected from national representative surveys of about 128,000 adults in more than 120 economies. The latest edition follows the 2011, 2014, and 2017 editions, and it includes a number of new series measuring financial health and resilience and contains more granular data on digital payment adoption, including merchant and government payments.

The Global Findex is an indispensable resource for financial service practitioners, policy makers, researchers, and development professionals.

Geographic coverage

Excluded populations living in Northeast states and remote islands and Jammu and Kashmir. The excluded areas represent less than 10 percent of the total population.

Analysis unit

Individual

Kind of data

Observation data/ratings [obs]

Sampling procedure

In most developing economies, Global Findex data have traditionally been collected through face-to-face interviews. Surveys are conducted face-to-face in economies where telephone coverage represents less than 80 percent of the population or where in-person surveying is the customary methodology. However, because of ongoing COVID-19 related mobility restrictions, face-to-face interviewing was not possible in some of these economies in 2021. Phone-based surveys were therefore conducted in 67 economies that had been surveyed face-to-face in 2017. These 67 economies were selected for inclusion based on population size, phone penetration rate, COVID-19 infection rates, and the feasibility of executing phone-based methods where Gallup would otherwise conduct face-to-face data collection, while complying with all government-issued guidance throughout the interviewing process. Gallup takes both mobile phone and landline ownership into consideration. According to Gallup World Poll 2019 data, when face-to-face surveys were last carried out in these economies, at least 80 percent of adults in almost all of them reported mobile phone ownership. All samples are probability-based and nationally representative of the resident adult population. Phone surveys were not a viable option in 17 economies that had been part of previous Global Findex surveys, however, because of low mobile phone ownership and surveying restrictions. Data for these economies will be collected in 2022 and released in 2023.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used. Respondents are randomly selected within the selected households. Each eligible household member is listed, and the hand-held survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer's gender.

In traditionally phone-based economies, respondent selection follows the same procedure as in previous years, using random digit dialing or a nationally representative list of phone numbers. In most economies where mobile phone and landline penetration is high, a dual sampling frame is used.

The same respondent selection procedure is applied to the new phone-based economies. Dual frame (landline and mobile phone) random digital dialing is used where landline presence and use are 20 percent or higher based on historical Gallup estimates. Mobile phone random digital dialing is used in economies with limited to no landline presence (less than 20 percent).

For landline respondents in economies where mobile phone or landline penetration is 80 percent or higher, random selection of respondents is achieved by using either the latest birthday or household enumeration method. For mobile phone respondents in these economies or in economies where mobile phone or landline penetration is less than 80 percent, no further selection is performed. At least three attempts are made to reach a person in each household, spread over different days and times of day.

Sample size for India is 3000.

Mode of data collection

Face-to-face [f2f]

Research instrument

Questionnaires are available on the website.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar. 2022. The Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience in the Age of COVID-19. Washington, DC: World Bank.

India Projection: Population: 10 Years data was reported at 1,522,552,390.000 Person in 2031. This records an increase from the previous number of 1,372,535,298.000 Person for 2021. India Projection: Population: 10 Years data is updated yearly, averaging 1,447,543,844.000 Person from Mar 2021 (Median) to 2031, with 2 observations. The data reached an all-time high of 1,522,552,390.000 Person in 2031 and a record low of 1,372,535,298.000 Person in 2021. India Projection: Population: 10 Years data remains active status in CEIC and is reported by CEIC Data. The data is categorized under India Premium Database’s Demographic – Table IN.GAI002: Population Projection: 10 Years: by Age Group.

Sikhism is a religion that originated on the Indian subcontinent during the fifteenth century. Sikhs follow the teachings of 'gurus', who descend from the first guru Guru Naruk who established the faith. Followers of Sikhism are monotheists, believing in only one god, and other core beliefs include the need to meditate, the importance of community and communal living, and the need to serve humanity selflessly (or 'seva'). Sikhism and the British Empire In total, there are around 26 million Sikhs worldwide, and over 24 million of these live in India. Outside of India, the largest Sikh populations are mostly found in former territories of the British Empire - the UK and Canada both have Sikh populations of over half a million people. Migration from India to other parts of the British Empire was high in the 19th century, due to the labor demands of relatively newer colonies, as well as those where slavery had been abolished. These countries also remain popular destinations for Sikh migrants today, as many are highly trained and English-speaking. Other regions with significant Sikh populations Italy also has a sizeable Sikh population, as many migrated there after serving there in the British Army during WWI, and they are now heavily represented in Italy's dairy industry. The Sikh population of Saudi Arabia is also reflective of the fact that the largest Indian diaspora in the world can now be found in the Middle East - this is due to the labor demands of the fossil fuel industries and their associated secondary industries, although a large share of Indians in this part of the world are there on a temporary basis.

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

Sample excludes Northeast states and remote islands, representing less than 10% of the population.

Analysis unit

Individuals

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Observation data/ratings [obs]

Sampling procedure

The indicators in the 2017 Global Findex database are drawn from survey data covering almost 150,000 people in 144 economies-representing more than 97 percent of the world’s population (see table A.1 of the Global Findex Database 2017 Report for a list of the economies included). The survey was carried out over the 2017 calendar year by Gallup, Inc., as part of its Gallup World Poll, which since 2005 has annually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 150 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. Interview procedure Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or where this is the customary methodology. In most economies the fieldwork is completed in two to four weeks.

In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used.

Respondents are randomly selected within the selected households. Each eligible household member is listed and the handheld survey device randomly selects the household member to be interviewed. For paper surveys, the Kish grid method is used to select the respondent. In economies where cultural restrictions dictate gender matching, respondents are randomly selected from among all eligible adults of the interviewer’s gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or household enumeration method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size was 3000.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in more than 140 languages upon request.

Questions on cash on delivery, saving using an informal savings club or person outside the family, domestic remittances, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Demirgüç-Kunt, Asli, Leora Klapper, Dorothe Singer, Saniya Ansar, and Jake Hess. 2018. The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. Washington, DC: World Bank

Abstract

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.

By collecting detailed indicators about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

Geographic coverage

National Coverage. Sample excludes Northeast states and remote islands. In addition, some districts in Assam, Bihar, Jammu and Kashmir, Jharkhand, and Uttar Pradesh were replaced because of security concerns. The excluded areas represent less than 10% of the population.

Analysis unit

Individual

Universe

The target population is the civilian, non-institutionalized population 15 years and above.

Kind of data

Sample survey data [ssd]

Frequency of data collection

Triennial

Sampling procedure

As in the first edition, the indicators in the 2014 Global Findex are drawn from survey data covering almost 150,000 people in more than 140 economies-representing more than 97 percent of the world's population. The survey was carried out over the 2014 calendar year by Gallup, Inc. as part of its Gallup World Poll, which since 2005 has continually conducted surveys of approximately 1,000 people in each of more than 160 economies and in over 140 languages, using randomly selected, nationally representative samples. The target population is the entire civilian, noninstitutionalized population age 15 and above. The set of indicators will be collected again in 2017.

Surveys are conducted face to face in economies where telephone coverage represents less than 80 percent of the population or is the customary methodology. In most economies the fieldwork is completed in two to four weeks. In economies where face-to-face surveys are conducted, the first stage of sampling is the identification of primary sampling units. These units are stratified by population size, geography, or both, and clustering is achieved through one or more stages of sampling. Where population information is available, sample selection is based on probabilities proportional to population size; otherwise, simple random sampling is used. Random route procedures are used to select sampled households. Unless an outright refusal occurs, interviewers make up to three attempts to survey the sampled household. To increase the probability of contact and completion, attempts are made at different times of the day and, where possible, on different days. If an interview cannot be obtained at the initial sampled household, a simple substitution method is used. Respondents are randomly selected within the selected households by means of the Kish grid. In economies where cultural restrictions dictate gender matching, respondents are randomly selected through the Kish grid from among all eligible adults of the interviewer's gender.

In economies where telephone interviewing is employed, random digit dialing or a nationally representative list of phone numbers is used. In most economies where cell phone penetration is high, a dual sampling frame is used. Random selection of respondents is achieved by using either the latest birthday or Kish grid method. At least three attempts are made to reach a person in each household, spread over different days and times of day.

The sample size in India was 3,000 individuals.

Mode of data collection

Computer Assisted Personal Interview [capi]

Research instrument

The questionnaire was designed by the World Bank, in conjunction with a Technical Advisory Board composed of leading academics, practitioners, and policy makers in the field of financial inclusion. The Bill and Melinda Gates Foundation and Gallup Inc. also provided valuable input. The questionnaire was piloted in multiple countries, using focus groups, cognitive interviews, and field testing. The questionnaire is available in 142 languages upon request.

Questions on cash withdrawals, saving using an informal savings club or person outside the family, domestic remittances, school fees, and agricultural payments are only asked in developing economies and few other selected countries. The question on mobile money accounts was only asked in economies that were part of the Mobile Money for the Unbanked (MMU) database of the GSMA at the time the interviews were being held.

Sampling error estimates

Estimates of standard errors (which account for sampling error) vary by country and indicator. For country-specific margins of error, please refer to the Methodology section and corresponding table in Asli Demirguc-Kunt, Leora Klapper, Dorothe Singer, and Peter Van Oudheusden, “The Global Findex Database 2014: Measuring Financial Inclusion around the World.” Policy Research Working Paper 7255, World Bank, Washington, D.C.