Adult population, 1.1B Per capita GDP Poorest 40% PPP, current international $ Income share held by 46% rural bottom 40% 13,206 9,191 17% 14% China Focus country China Focus country 54% urban average average Financial account ownership,1.1B adults Mobile technology penetration Own account Do not own account 98% 1.4B total 79% 24% population Women 73% Have network coverage l 76% a 26% Own mobile Tot Rural phones 43% Own 21% 74% smartphones MSMEs’ access to credit Share of digital Mobile-money of 104M MSMEs payments accounts1 49% 51% 4% N/A of total transactions No Yes by volume 132M $1.1T (4.2%) $27B Individuals newly GDP boost Reduction in government included in by 2025 leakage financial system 6M N/A New jobs $1.1T New credit New deposits 1 Mobile account penetration data for China are not available. McKinsey Global Institute Digital finance for all: Powering inclusive growth in emerging economies 77 NOTE: 2014 or latest available data for all statistics except GDP boost.
DIGITAL FINANCE FOR ALL Page 92 Page 94