With a population of just over 2 billion people, East Asia and the Pacific (EAP) contains 27% of the world’s population and 26% of the world’s poor. EAP includes 24 countries, and three major sub-regions with significant heterogeneity - China, the Pacific, and East Asia.
In the EAP region, 69% of adults have a formal bank account which is the highest level of any region. This is an increase from 55% in 2011. However, there are several large underserved markets, for example Vietnam and Myanmar, where 31% and 23% respectively of the population have formal bank accounts.