Next Reset? NO! World’s Most Unbanked Countries. People don’t have bank accounts and bank cards
World’s Most Unbanked Countries
According to the Oxford English Dictionary, the term “unbanked” refers to a person or entity “not having access to the services of a bank or similar financial organization.” You would be out of luck if your preferred vocabulary is the Merriam-Webster, which concisely explains that the term describes something that is “not deposited in a bank.”
Morocco, Vietnam, Egypt, Philippines, Mexico: these are the top 5 countries, according to a just-released study by the British research platform Merchant Machine, where the unbanked population is the largest. On a global level, the regions with the highest proportion of developing or emerging economies, quite predictably, top the list: in the Middle East and Africa the 50% of the population is financially excluded, South and Central America follow at 38%, Eastern Europe and the former Soviet republics at 33%, Asia Pacific’s share stands at 24%.
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