China vs Latin America & Caribbean (excluding high income): Saved at a bank or similar financial institution
China
66.5%
in 2024
Latin America & Caribbean (excluding high income)
24.2%
in 2024
China rank
1st
Latin America & Caribbean (excluding high income) rank
4th
Saved at a bank or similar financial institution over time
- China
- Latin America & Caribbean (excluding high income)
How they compare
China currently reports 66.5% against 24.2% in Latin America & Caribbean (excluding high income), a difference of 42.3%.
That makes China's figure about 2.8 times Latin America & Caribbean (excluding high income)'s.
Across all 5 years both countries report, China has been ahead every year.
China ranks 1st and Latin America & Caribbean (excluding high income) ranks 4th of 80 countries.
China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 35.7% | 11.7% | 23.9% | China |
| 2020s | 55.6% | 20.0% | 35.6% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a bank or similar financial institution, China or Latin America & Caribbean (excluding high income)?
- China, at 66.5% against 24.2% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in saved at a bank or similar financial institution between China and Latin America & Caribbean (excluding high income)?
- 42.3%, with China ahead.
- How many years of comparable data are there for China and Latin America & Caribbean (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do China and Latin America & Caribbean (excluding high income) rank globally for saved at a bank or similar financial institution?
- China ranks 1st and Latin America & Caribbean (excluding high income) ranks 4th 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.
Individual pages
About this data
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+)