Lower middle income vs Malaysia: Saved at a bank or similar financial institution
Lower middle income
20.9%
in 2024
Malaysia
47.7%
in 2024
Lower middle income rank
6th
Malaysia rank
3rd
Saved at a bank or similar financial institution over time
- Lower middle income
- Malaysia
How they compare
Malaysia currently reports 47.7% against 20.9% in Lower middle income, a difference of 26.8%.
That makes Malaysia's figure about 2.3 times Lower middle income's.
Across all 5 years both countries report, Malaysia has been ahead every year.
Lower middle income ranks 6th and Malaysia ranks 3rd of 10 groups.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.4% | 35.6% | 21.2% | Malaysia |
| 2020s | 16.9% | 47.3% | 30.4% | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a bank or similar financial institution, Lower middle income or Malaysia?
- Malaysia, at 47.7% against 20.9% in Lower middle income as of 2024.
- What is the difference in saved at a bank or similar financial institution between Lower middle income and Malaysia?
- 26.8%, with Malaysia ahead.
- How many years of comparable data are there for Lower middle income and Malaysia?
- 5 years are reported by both, from 2011 to 2024.
- How do Lower middle income and Malaysia rank globally for saved at a bank or similar financial institution?
- Lower middle income ranks 6th and Malaysia ranks 3rd of 10 groups.
- 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+)