Country index

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Country index

0.02%

0.04%

62%

38%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldAlbania

Albania

200%

150%

100%

50%

0%

-50%

-7%

32%

Albania World

GDP (2015, billiondollars) and share inworld GDP

Albania

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

8%

18%

34%

40%

DevelopingWorld Rank #10

DevelopingWorld Rank #32

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

6

20

Albania Developing

World

DevelopingWorld Rank #35

DevelopingWorld Rank #7

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

BankedUnbanked

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Albania Developing

World

105

Albania Developing

World

Albania

0%

Developing

World

28%

Albania

27%

Developing

World

13%

Electricity Reliability

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

1.5 mlnDeveloping

World Rank #63

0.1 mlnEnterprises

2.9 mlnWorld rank #66

$11.5 blnWorld rank #57

Least Urgent

Moderately Urgent

Urgent

Most Urgent

99%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

8.1%

106 36%

63%$10,004.9

$3,965.0

Economy(Source: IMF / Worldbank)

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.14%

1% 5%

62%

32%

0.34%

71%

29%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldAngola

Angola

25.0 mlnWorld rank #26

$102.6 blnWorld rank #18

200%

150%

100%

50%

0%

-50%

Angola World

Angola

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

9.3 mlnDeveloping

World Rank #30

DevelopingWorld Rank #62

DevelopingWorld Rank #58

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Angola Developing

World

DevelopingWorld Rank #67

DevelopingWorld Rank #63

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Angola Developing

World

105

Angola Developing

World

Angola

0%

Developing

World

Angola

3%

Developing

World

0.8 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

36

20

Least Urgent

Moderately Urgent

Urgent

Most Urgent

36%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

16.9%

61

36%

12%

$10,004.9

$4,102.1

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

162%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.01%

9%

33%

28%

30%

0.04%

83%

17%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldArmenia

Armenia

3.0 mlnWorld rank #64

$10.6 blnWorld rank #59

200%

150%

100%

50%

0%

-50%

Armenia World

Armenia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

2.0 mlnDeveloping

World Rank #59

DevelopingWorld Rank #3

DevelopingWorld Rank #14

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Armenia Developing

World

DevelopingWorld Rank #27

DevelopingWorld Rank #11

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

4

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Armenia Developing

World

105

Armenia Developing

World

Armenia

94%

Developing

World

Armenia

0%

Developing

World

0.2 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

3

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent 1.5%

11536%

58%$10,004.9

$3,499.8

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

-10%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.07%

4%10%

41%

45%

0.13%

71%

29%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldAzerbaijan

Azerbaijan

9.7 mlnWorld rank #47

$53.0 blnWorld rank #30

200%

150%

100%

50%

0%

-50%

Azerbaijan World

Azerbaijan

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

5.3 mlnDeveloping

World Rank #43

DevelopingWorld Rank #3

DevelopingWorld Rank #38

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Azerbaijan Developing

World

DevelopingWorld Rank #31

DevelopingWorld Rank #1

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Azerbaijan Developing

World

105

Azerbaijan Developing

World

Azerbaijan

0%

Developing

World

Azerbaijan

34%

Developing

World

0.4 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

3

Least Urgent

Moderately Urgent

Urgent

Most Urgent

94%

Most Urgent

Urgent

Moderately Urgent

Least Urgent 1.3%

11136%

77%

$10,004.9

$5,496.3

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%12%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.27%

4%10%

39%

47%

2.19%

71%

29%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBangladesh

Bangladesh

161.0 mlnWorld rank #7

$195.1 blnWorld rank #13

200%

150%

100%

50%

0%

-50%

Bangladesh World

Bangladesh

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

80.5 mlnDeveloping

World Rank #5

DevelopingWorld Rank #48

DevelopingWorld Rank #64

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Bangladesh Developing

World

DevelopingWorld Rank #52

DevelopingWorld Rank #62

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Bangladesh Developing

World

105

Bangladesh Developing

World

Bangladesh

0%

Developing

World

Bangladesh

1%

Developing

World

10.6 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2020

Least Urgent

Moderately Urgent

Urgent

Most Urgent

37%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.1%

8336%

14%

$10,004.9

$1,211.7

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%26%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.07%

7%

17%

36%

40%

0.13%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBelarus

Belarus

9.5 mlnWorld rank #48

$54.6 blnWorld rank #29

200%

150%

100%

50%

0%

-50%

Belarus World

Belarus

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

DevelopingWorld Rank #3

DevelopingWorld Rank #7

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Belarus Developing

World

DevelopingWorld Rank #22

DevelopingWorld Rank #8

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

4

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Belarus Developing

World

105

Belarus Developing

World

Belarus

0%

Developing

World

Belarus

67%

Developing

World

0.3 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

3

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent 1.5%

124

36%

62%$10,004.9

$5,740.5

28%

72%

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

-14%

2.2 mlnDeveloping

World Rank #58

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.003%

4%11%

39%

46%

0.01%

66%

34%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBhutan

Bhutan

0.8 mlnWorld rank #72

$2.0 blnWorld rank #73

200%

150%

100%

50%

0%

-50%

Bhutan World

Bhutan

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

0.4 mlnDeveloping

World Rank #71

DevelopingWorld Rank #39

DevelopingWorld Rank #59

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Bhutan Developing

World

DevelopingWorld Rank #50

DevelopingWorld Rank #37

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Bhutan Developing

World

105

Bhutan Developing

World

Bhutan

23%

Developing

World

Bhutan

0%

Developing

World

0.03 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2015

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

NA

8736%40%

$10,004.9

$2,532.5

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%23%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.05%

5%13%

38%

44%

0.15%

59%

41%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBolivia

Bolivia

10.7 mlnWorld rank #45

$33.2 blnWorld rank #39

200%

150%

100%

50%

0%

-50%

Bolivia World

Bolivia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

4.3 mlnDeveloping

World Rank #45

DevelopingWorld Rank #68

DevelopingWorld Rank #46

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Bolivia Developing

World

DevelopingWorld Rank #47

DevelopingWorld Rank #31

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Bolivia Developing

World

105

Bolivia Developing

World

Bolivia

43%

Developing

World

Bolivia

15%

Developing

World

1.2 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

50

Least Urgent

Moderately Urgent

Urgent

Most Urgent

76% Most Urgent

Urgent

Moderately Urgent

Least Urgent

5.4%

92 36%45%

$10,004.9

$3,095.4

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%49%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

3% 8%

41%

48%

0.05%

47%

53%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBosnia and Herzegovina

Bosnia andHerzegovina

3.8 mlnWorld rank #61

$16.0 blnWorld rank #48

200%

150%

100%

50%

0%

-50%

Bosnia and

Herzegovina

World

Bosnia and Herzegovina

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

1.6 mlnDeveloping

World Rank #62

DevelopingWorld Rank #71

DevelopingWorld Rank #26

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Bosnia and

Herzegovina

Developing

World

DevelopingWorld Rank #48

DevelopingWorld Rank #5

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Bosnia and

Herzegovina

Developing

World

105

Bosnia and

Herzegovina

Developing

World

Bosnia and

Herzegovina

10%

Developing

World

Bosnia and

Herzegovina

38%

Developing

World

0.2 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

67

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

9.7%

90 36%

65%

$10,004.9

$4,197.8

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

-19%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

3% 8%

31%58%

0.03%

51%

49%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBotswana

Botswana

2.3 mlnWorld rank #69

$14.4 blnWorld rank #49

200%

150%

100%

50%

0%

-50%

Botswana World

Botswana

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

0.8 mlnDeveloping

World Rank #67

DevelopingWorld Rank #67

DevelopingWorld Rank #35

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Botswana Developing

World

DevelopingWorld Rank #4

DevelopingWorld Rank #41

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Botswana Developing

World

105

Botswana Developing

World

Botswana

51%

Developing

World

Botswana

0%

Developing

World

0.1 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

48

Least Urgent

Moderately Urgent

Urgent

Most Urgent

72%Most Urgent

Urgent

Moderately Urgent

Least Urgent

18.6%

169

36%28%

$10,004.9

$6,360.6

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%50%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

2.41%

9%

21%

32%

38%

2.83%

32%

68%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBrazil

Brazil

207.8 mlnWorld rank #4

$1,774.7 blnWorld rank #3

200%

150%

100%

50%

0%

-50%

Brazil World

Brazil

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

51.0 mlnDeveloping

World Rank #8

DevelopingWorld Rank #72

DevelopingWorld Rank #20

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Brazil Developing

World

DevelopingWorld Rank #20

DevelopingWorld Rank #10

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Brazil Developing

World

105

Brazil Developing

World

Brazil

79%

Developing

World

Brazil

55%

Developing

World

16.0 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

83

Least Urgent

Moderately Urgent

Urgent

Most Urgent

96%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

8.1%

127

36%

59%$10,004.9 $8,538.6

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%15%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.07%

5%14%

38%

43%

0.10%

37%

63%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBulgaria

Bulgaria

7.2 mlnWorld rank #53

$49.0 blnWorld rank #33

200%

150%

100%

50%

0%

-50%

Bulgaria World

Bulgaria

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

2.3 mlnDeveloping

World Rank #57

DevelopingWorld Rank #44

DevelopingWorld Rank #2

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Bulgaria Developing

World

DevelopingWorld Rank #17

DevelopingWorld Rank #14

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

4

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Bulgaria Developing

World

105

Bulgaria Developing

World

Bulgaria

0%

Developing

World

Bulgaria

65%

Developing

World

0.5 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2018

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

9.1%

129

36%

57%$10,004.9

$6,819.9

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

-27%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

2% 8%

74%

16%0.25%

87%

13%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBurkina Faso

Burkina Faso

18.1 mlnWorld rank #32

$11.1 blnWorld rank #58

200%

150%

100%

50%

0%

-50%

Burkina Faso World

Burkina Faso

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

8.5 mlnDeveloping

World Rank #31

DevelopingWorld Rank #33

DevelopingWorld Rank #45

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Burkina Faso Developing

World

DevelopingWorld Rank #56

DevelopingWorld Rank #65

No credit needsUnserved

Low income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Burkina Faso Developing

World

105

Burkina Faso Developing

World

Burkina Faso

0%

Developing

World

Burkina Faso

0%

Developing

World

0.9 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2013

Least Urgent

Moderately Urgent

Urgent

Most Urgent

77% Most Urgent

Urgent

Moderately Urgent

Least Urgent

NA

8136%

11%

$10,004.9

$613.0

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

136%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.004%

3% 8%

42%

47%

0.15%

93%

7%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldBurundi

Burundi

11.2 mlnWorld rank #43

$3.1 blnWorld rank #71

200%

150%

100%

50%

0%

-50%

Burundi World

Burundi

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

5.7 mlnDeveloping

World Rank #42

DevelopingWorld Rank #7

DevelopingWorld Rank #70

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Burundi Developing

World

DevelopingWorld Rank #70

DevelopingWorld Rank #70

No credit needsUnserved

Low income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Burundi Developing

World

105

Burundi Developing

World

Burundi

0%

Developing

World

Burundi

4%

Developing

World

0.4 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

4

Least Urgent

Moderately Urgent

Urgent

Most Urgent

75% Most Urgent

Urgent

Moderately Urgent

Least Urgent

NA

46

36%

5%

$10,004.9

$276.0

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%

156%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

3% 8%

41%

48%

0.21%

87%

13%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldCambodia

Cambodia

15.6 mlnWorld rank #39

$18.0 blnWorld rank #47

200%

150%

100%

50%

0%

-50%

Cambodia World

Cambodia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

9.3 mlnDeveloping

World Rank #29

DevelopingWorld Rank #73

DevelopingWorld Rank #36

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Cambodia Developing

World

DevelopingWorld Rank #11

DevelopingWorld Rank #56

No credit needsUnserved

Low income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Cambodia Developing

World

105

Cambodia Developing

World

Cambodia

37%

Developing

World

Cambodia

0%

Developing

World

1.2 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

87

Least Urgent

Moderately Urgent

Urgent

Most Urgent

73% Most Urgent

Urgent

Moderately Urgent

Least Urgent

12.2%

133

36%

19%

$10,004.9

$1,158.7

GDP (2015, billiondollars) and share inworld GDP

Economy(Source: IMF / Worldbank)

32%45%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.04%

5%12%

56%

27%

0.32%

89%

11%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

Economy(Source: IMF / Worldbank)

WorldCameroon

Cameroon

23.3 mlnWorld rank #28

$29.2 blnWorld rank #40

200%

150%

100%

50%

0%

-50%

Cameroon World

Cameroon

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

11.9 mlnDeveloping

World Rank #26

DevelopingWorld Rank #39

DevelopingWorld Rank #51

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Cameroon Developing

World

DevelopingWorld Rank #62

DevelopingWorld Rank #52

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Cameroon Developing

World

105

Cameroon Developing

World

Cameroon

0%

Developing

World

Cameroon

7%

Developing

World

0.8 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2015

Least Urgent

Moderately Urgent

Urgent

Most Urgent

66%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.5%

72

36%

21%

$10,004.9

$1,250.8

GDP (2015, billiondollars) and share inworld GDP

107%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

14.78%

3% 8%

41%

48%

18.66% 21%

79%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldChina

China

1,371.2 mlnWorld rank #1

$10,866.4 blnWorld rank #1

200%

150%

100%

50%

0%

-50%

China World

China

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

239.2 mlnDeveloping

World Rank #2

DevelopingWorld Rank #60

DevelopingWorld Rank #1

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

China Developing

World

DevelopingWorld Rank #46

DevelopingWorld Rank #23

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

4

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

China Developing

World

105

China Developing

World

China

0%

Developing

World

China

90%

Developing

World

103.5 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

31

Least Urgent

Moderately Urgent

Urgent

Most Urgent

NA

Most Urgent

Urgent

Moderately Urgent

Least Urgent

10.4%

93 36%

50%$10,004.9

$7,924.7

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

-3%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.40%

5%

30%

33%

32%

0.66%

62%

38%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldColombia

Colombia

48.2 mlnWorld rank #16

$292.1 blnWorld rank #10

200%

150%

100%

50%

0%

-50%

Colombia World

Colombia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

22.5 mlnDeveloping

World Rank #14

DevelopingWorld Rank #28

DevelopingWorld Rank #18

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Colombia Developing

World

DevelopingWorld Rank #26

DevelopingWorld Rank #15

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Colombia Developing

World

105

Colombia Developing

World

Colombia

89%

Developing

World

Colombia

0%

Developing

World

4.3 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2011

4

Least Urgent

Moderately Urgent

Urgent

Most Urgent

97%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

6.2%

11636%

56%$10,004.9

$6,056.1

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

14%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.07%

4%13%

38%

45%

0.07%

35%

65%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldCosta Rica

Costa Rica

4.8 mlnWorld rank #59

$51.1 blnWorld rank #32

200%

150%

100%

50%

0%

-50%

Costa Rica World

Costa Rica

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

1.3 mlnDeveloping

World Rank #64

DevelopingWorld Rank #50

DevelopingWorld Rank #5

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Costa Rica Developing

World

DevelopingWorld Rank #7

DevelopingWorld Rank #9

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Costa Rica Developing

World

105

Costa Rica Developing

World

Costa Rica

100%

Developing

World

Costa Rica

28%

Developing

World

0.3 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2024

4

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

8.3%

151

36%

60%$10,004.9 $10,629.8

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

20%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.09%

4%9%

40%

47%

0.14%

46%

54%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldDominican Republic

DominicanRepublic

10.5 mlnWorld rank #46

$67.1 blnWorld rank #24

200%

150%

100%

50%

0%

-50%

Dominican

Republic

World

Dominican Republic

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

3.4 mlnDeveloping

World Rank #52

DevelopingWorld Rank #38

DevelopingWorld Rank #34

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Dominican

Republic

Developing

World

DevelopingWorld Rank #53

DevelopingWorld Rank #20

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Dominican

Republic

Developing

World

105

Dominican

Republic

Developing

World

Dominican

Republic

75%

Developing

World

Dominican

Republic

23%

Developing

World

0.5 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2015

Least Urgent

Moderately Urgent

Urgent

Most Urgent

88%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

6.6%

8336%

52%$10,004.9

$6,373.6

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

26%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.14%

9%

20%

32%

39%

0.22%

54%

46%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldEcuador

Ecuador

16.1 mlnWorld rank #38

$100.9 blnWorld rank #19

200%

150%

100%

50%

0%

-50%

Ecuador World

Ecuador

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

6.2 mlnDeveloping

World Rank #38

DevelopingWorld Rank #69

DevelopingWorld Rank #57

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Ecuador Developing

World

DevelopingWorld Rank #57

DevelopingWorld Rank #26

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Ecuador Developing

World

105

Ecuador Developing

World

Ecuador

53%

Developing

World

Ecuador

0%

Developing

World

1.8 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

51

Least Urgent

Moderately Urgent

Urgent

Most Urgent

92%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.7%

7936%

49%$10,004.9

$6,248.1

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

43%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.04%

4%12%

39%

45%

0.08%

65%

35%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldEl Salvador

El Salvador

6.1 mlnWorld rank #56

$25.9 blnWorld rank #43

200%

150%

100%

50%

0%

-50%

El Salvador World

El Salvador

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

2.9 mlnDeveloping

World Rank #54

DevelopingWorld Rank #42

DevelopingWorld Rank #43

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

El Salvador Developing

World

DevelopingWorld Rank #8

DevelopingWorld Rank #43

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

El Salvador Developing

World

105

El Salvador Developing

World

El Salvador

34%

Developing

World

El Salvador

28%

Developing

World

0.6 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2017

Least Urgent

Moderately Urgent

Urgent

Most Urgent

99%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.4%

145

36%27%

$10,004.9

$4,219.4

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

4%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.08%

7%

14%

38%

41%

1.35%

78%

22%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldEthiopia

Ethiopia

99.4 mlnWorld rank #10

$61.5 blnWorld rank #28

200%

150%

100%

50%

0%

-50%

Ethiopia World

Ethiopia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

45.5 mlnDeveloping

World Rank #11

DevelopingWorld Rank #46

DevelopingWorld Rank #63

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Ethiopia Developing

World

DevelopingWorld Rank #72

DevelopingWorld Rank #64

No credit needsUnserved

Low income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Ethiopia Developing

World

105

Ethiopia Developing

World

Ethiopia

0%

Developing

World

Ethiopia

0%

Developing

World

2.3 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2019

Least Urgent

Moderately Urgent

Urgent

Most Urgent

7%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

7.8%

43

36%

12%

$10,004.9

$619.1

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

90%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

5%10%

39%

46%

0.05%

60%

40%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldGeorgia

Georgia

3.7 mlnWorld rank #62

$14.0 blnWorld rank #51

200%

150%

100%

50%

0%

-50%

Georgia World

Georgia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

1.8 mlnDeveloping

World Rank #60

DevelopingWorld Rank #2

DevelopingWorld Rank #22

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Georgia Developing

World

DevelopingWorld Rank #18

DevelopingWorld Rank #30

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Georgia Developing

World

105

Georgia Developing

World

Georgia

75%

Developing

World

Georgia

0%

Developing

World

0.1 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

2

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent 1.4%

129

36%45%

$10,004.9

$3,796.0

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

-14%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.05%

2% 7%

44%

47%

0.37%

65%

35%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldGhana

Ghana

27.4 mlnWorld rank #25

$37.9 blnWorld rank #36

200%

150%

100%

50%

0%

-50%

Ghana World

Ghana

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

11.0 mlnDeveloping

World Rank #27

DevelopingWorld Rank #36

DevelopingWorld Rank #49

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Ghana Developing

World

DevelopingWorld Rank #16

DevelopingWorld Rank #46

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Ghana Developing

World

105

Ghana Developing

World

Ghana

16%

Developing

World

Ghana

0%

Developing

World

1.5 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2014

Least Urgent

Moderately Urgent

Urgent

Most Urgent

71%Most Urgent

Urgent

Moderately Urgent

Least Urgent

8.9%

130

36%

23%

$10,004.9

$1,381.4

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

83%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.09%

6% 4%

33%

57%

0.22%

59%

41%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldGuatemala

Guatemala

16.3 mlnWorld rank #36

$63.8 blnWorld rank #26

200%

150%

100%

50%

0%

-50%

Guatemala World

Guatemala

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

6.1 mlnDeveloping

World Rank #39

DevelopingWorld Rank #45

DevelopingWorld Rank #44

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Guatemala Developing

World

DevelopingWorld Rank #30

DevelopingWorld Rank #42

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Guatemala Developing

World

105

Guatemala Developing

World

Guatemala

9%

Developing

World

Guatemala

19%

Developing

World

1.1 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2019

Least Urgent

Moderately Urgent

Urgent

Most Urgent

97%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.8%

11136%

27%

$10,004.9

$3,903.5

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

70%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.01%

2% 6%

45%

47%

0.17%

94%

6%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldGuinea

Guinea

12.6 mlnWorld rank #41

$6.7 blnWorld rank #65

200%

150%

100%

50%

0%

-50%

Guinea World

Guinea

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

6.8 mlnDeveloping

World Rank #35

DevelopingWorld Rank #20

DevelopingWorld Rank #71

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Guinea Developing

World

DevelopingWorld Rank #49

DevelopingWorld Rank #71

No credit needsUnserved

Low income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative1

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Guinea Developing

World

105

Guinea Developing

World

Guinea

0%

Developing

World

Guinea

0%

Developing

World

0.6 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

8

Least Urgent

Moderately Urgent

Urgent

Most Urgent

58%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

NA

8736%

5%

$10,004.9

$531.3

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

118%

32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.03%

8%

18%

36%

38%

0.11%

70%

30%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldHonduras

Honduras

8.1 mlnWorld rank #50

$20.2 blnWorld rank #46

200%

150%

100%

50%

0%

-50%

Honduras World

Honduras

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

3.9 mlnDeveloping

World Rank #47

DevelopingWorld Rank #36

DevelopingWorld Rank #53

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Honduras Developing

World

DevelopingWorld Rank #45

DevelopingWorld Rank #53

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Honduras Developing

World

105

Honduras Developing

World

Honduras

36%

Developing

World

Honduras

22%

Developing

World

0.7 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2014

Least Urgent

Moderately Urgent

Urgent

Most Urgent

94%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

4.3%

96 36%

20%

$10,004.9

$2,495.6

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

39%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

2.82%

5%6%

41%

48%

17.85%

47%

53%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldIndia

India

1,311.1 mlnWorld rank #2

$2,073.5 blnWorld rank #2

200%

150%

100%

50%

0%

-50%

India World

India

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

441.1 mlnDeveloping

World Rank #1

DevelopingWorld Rank #56

DevelopingWorld Rank #27

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

India Developing

World

DevelopingWorld Rank #58

DevelopingWorld Rank #45

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

3

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

India Developing

World

105

India Developing

World

India

22%

Developing

World

India

0%

Developing

World

49.6 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

2029

Least Urgent

Moderately Urgent

Urgent

Most Urgent

72%Most Urgent

Urgent

Moderately Urgent

Least Urgent

6.7%

7936%

26%

$10,004.9

$1,581.6

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

30%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

1.17%

4%8%

45%

43%

3.51%

64%

36%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldIndonesia

Indonesia

257.6 mlnWorld rank #3

$861.9 blnWorld rank #5

200%

150%

100%

50%

0%

-50%

Indonesia World

Indonesia

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

119.3 mlnDeveloping

World Rank #3

DevelopingWorld Rank #66

DevelopingWorld Rank #41

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Indonesia Developing

World

DevelopingWorld Rank #13

DevelopingWorld Rank #48

No credit needsUnserved

Lower middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

123456789

10

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Indonesia Developing

World

105

Indonesia Developing

World

Indonesia

0%

Developing

World

Indonesia

49%

Developing

World

41.1 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

48

Least Urgent

Moderately Urgent

Urgent

Most Urgent

69%Most Urgent

Urgent

Moderately Urgent

Least Urgent

6.9%

132

36%

22%

$10,004.9

$3,346.5

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

25%32%

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.02%

4%9%

40%

47%

0.04%

22%

78%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldJamaica

Jamaica

2.7 mlnWorld rank #67

$14.0 blnWorld rank #50

200%

150%

100%

50%

0%

-50%

Jamaica World

Jamaica

Urgency for Financial Inclusion(Source: World Bank / IFC)

(% of population over 15 years old) (% of MSMEs)

0.5 mlnDeveloping

World Rank #70

DevelopingWorld Rank #3

DevelopingWorld Rank #40

FinTech Ecosystem(Source: World Bank / Global Innovation Index)

Jamaica Developing

World

DevelopingWorld Rank #29

DevelopingWorld Rank #33

No credit needsUnserved

Upper middle income economies

UnderservedWell-served

BankedUnbanked

ElectricityCoverage

InternetPenetration

MobilePenetration

RuralPopulation

Poverty

MSMEsUnserved

UnbankedPopulation

4

3

2

1

0

Most Innovative

Innovative

Moderately Innovative

Least innovative

2

FinTech Opportunities(Source: World Bank)

Birth Registration(% of children under 5 who are

registered)

Private Credit Bureau Coverage(% of population covered by private

credit agencies)

Public Credit Registries(% of population covered by public

credit agencies)

Cost of remittances(average % of money sent)

FinTech Infrastructure(Source: ITU)

Jamaica Developing

World

105

Jamaica Developing

World

Jamaica

22%

Developing

World

Jamaica

0%

Developing

World

0.5 mlnEnterprises

BiometricsUnbanked Population MSME Credit Gap Alternative Credit Scoring Virtual Currencies

(in days)

Time to Start a Business Innovation Index

(% individuals using the internet)

Internet Use Density

(subscriptions per 100 inhabitants)

Mobile SubscriptionDensity

28% 13%

20

3

Least Urgent

Moderately Urgent

Urgent

Most Urgent

100%

Most Urgent

Urgent

Moderately Urgent

Least Urgent

8.7%

11236%

43%

$10,004.9

$5,137.9

Economy(Source: IMF / Worldbank)

GDP (2015, billiondollars) and share inworld GDP

-3%

32%

123456789

10

PREVIOUS NEXTCountry index

Political and Regulatory StabilityFinTech EcosystemFinTech InfrastructureUrgency for Financial Inclusion

Strength ofLegal Rights

PoliticalStability

Control ofCorruption

Innovation

Time to Starta Business

Electricity Reliability

0.05%

4%9%

37%

50%

0.10%

75%

25%

2015 2050

Expected populationgrowth 2015 vs 2050

Demographics(Source: United Nations)

Population and sharein world population

GDP per capita(dollars)

WorldJordan

Jordan

7.6 mlnWorl