Brazil vs Sub-Saharan Africa (excluding high income): Saved at a bank or similar financial institution

Brazil
34.2%
in 2024
Sub-Saharan Africa (excluding high income)
19.7%
in 2024
Brazil rank
11th
Sub-Saharan Africa (excluding high income) rank
8th

Saved at a bank or similar financial institution over time

  • Brazil
  • Sub-Saharan Africa (excluding high income)
101520253035201120172024

How they compare

Brazil currently reports 34.2% against 19.7% in Sub-Saharan Africa (excluding high income), a difference of 14.5%.

That makes Brazil's figure about 1.7 times Sub-Saharan Africa (excluding high income)'s.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Sub-Saharan Africa (excluding high income) ahead.

Brazil ranks 11th and Sub-Saharan Africa (excluding high income) ranks 8th of 80 countries.

Across the 2 decades both report, Brazil averaged higher in 1 and Sub-Saharan Africa (excluding high income) in 1.

Head to head by decade

Decade Brazil Sub-Saharan Africa (excluding high income) Difference Ahead
2010s 12.4% 14.9% 2.5% Sub-Saharan Africa (excluding high income)
2020s 28.5% 17.2% 11.3% Brazil

Averages of every year both report within each decade.

Frequently asked questions

Which has higher saved at a bank or similar financial institution, Brazil or Sub-Saharan Africa (excluding high income)?
Brazil, at 34.2% against 19.7% in Sub-Saharan Africa (excluding high income) as of 2024.
What is the difference in saved at a bank or similar financial institution between Brazil and Sub-Saharan Africa (excluding high income)?
14.5%, with Brazil ahead.
How many years of comparable data are there for Brazil and Sub-Saharan Africa (excluding high income)?
5 years are reported by both, from 2011 to 2024.
How do Brazil and Sub-Saharan Africa (excluding high income) rank globally for saved at a bank or similar financial institution?
Brazil ranks 11th and Sub-Saharan Africa (excluding high income) ranks 8th of 80 countries.
Where does this data come from?
Global Findex Database, published as Saved at a bank or similar financial institution (% age 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Brazil vs Sub-Saharan Africa (excluding high income): Saved at a bank or similar financial institution. Statizoid, drawing on Global Findex Database. Retrieved 16 September 2026, from https://reference.statizoid.com/compare/saved-at-a-bank-or-similar-financial-institution-percent-age-15/brazil/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)