Financial Access Initiative Framing Note| October 2009
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Table 1 : Country-level data on adult population
from United Nation's Human Development Index, financial service usage from Honohan 2008, and income data from World Bank's PovcalNet

Use of Financial Services in %

Use of Financial Services in Millions

GDP per capita (PPP, $ Intl, 2005)

Urban in % (2005)

Living with less than $5/day in %


1. This paper considers the use of formal and semi-formal financial services. We exclude informal financial sources such as moneylenders or informal rotating savings and credit schemes. Semi-formal sources include microfinance institutions, which might not be subjected to the same regulation as traditional banks. To keep things simple, throughout this paper, when we refer to "formal financial services," we are including semi-formal services such as those provided by microfinance institutions.