2024 ASEAN Monitoring Progress Report
The 2024 ASEAN Monitoring Progress Report provides a data-driven view of financial inclusion, financial capability, MSME finance and emerging Inclusive Green Finance (IGF) across the region. The findings show accelerated progress: financial exclusion in the region has dropped to 20.77%, surpassing the ASEAN 2025 target well ahead of schedule. Countries such as Cambodia (14.73%→30.46%), Lao PDR (73.8%→94.4%), and Viet Nam (77.41%→87.08%) showed some of the fastest gains in account ownership, due largely to an increase in digital access points such as ATMs, POS terminals, and mobile money agents.
Despite progress, challenges persist for financial inclusion progress including cybersecurity risks, low insurance uptake in several markets, data gaps in financial inclusion reporting, and ongoing limited access, low digital literacy and digital divides affecting rural and vulnerable groups. Overall, the 2024 report captures a region undergoing rapid digital and structural transformation—advancing financial inclusion while laying foundations for a more climate‑resilient, sustainable financial ecosystem.
