Financial Inclusion Development in Arab Countries during the Period (2011-2017)
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Date
2023-10-31
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El - Acil Journal for Economic and Administrative Research Volume:7/ N°2/, PP24-06
Abstract
The current study examined the development of financial inclusion indicators in Arab countries from 2011 to 2017 using data and statistics from Arab and international financial and monetary organizations. The study found that the Arab region has the lowest levels of financial inclusion in the world according to many indicators, such as the use of accounts in banking institutions and borrowing and savings indicators. There is also a disparity among Arab countries in financial inclusion indicators. While the GCC countries have made relative progress in financial inclusion indicators, these indicators decreased in the most densely populated countries, such as Egypt, and in the lowest incomes,such as Yemen.