Digital Financial Services Narrow Gender Gap, But Savings Gap Persists

August 7, 2025 — New data from the 2025 Global Findex Database reveals that while digital financial inclusion is closing the gender gap in account ownership, a significant disparity remains in how men and women use those accounts—particularly when it comes to saving.

According to the World Bank’s latest snapshot, 81% of men globally now own a financial account, compared to 77% of women. This marks notable progress in narrowing the gender gap, largely attributed to the rise of digital banking and mobile financial services that have made it easier for women to access and open accounts.

However, ownership does not necessarily translate into usage. In 2024, only 36% of women reported saving money in their accounts, compared to 43% of men. This highlights a continuing usage gap, even as access improves.

Experts point to a variety of factors behind the lower savings rate among women, including income inequality, limited financial literacy, and social barriers. While digital platforms have helped eliminate some logistical obstacles, they haven’t fully addressed the structural and cultural issues that hinder women from engaging with the financial system more deeply.

“Access is the first step, but meaningful usage is the real goal,” said a World Bank financial inclusion analyst. “If women aren’t able to use their accounts to save, invest, or grow their financial resilience, we haven’t achieved full inclusion.”

The Global Findex findings prompt a call to action for policymakers, financial institutions, and NGOs to prioritize not just account access, but also education, support, and tailored financial products that meet the specific needs of women.

As digital finance continues to expand, ensuring that women can fully benefit will be crucial to achieving equitable economic growth worldwide.