Malaysia vs Upper middle income: Saved at a bank or similar financial institution
Malaysia
47.7%
in 2024
Upper middle income
54.1%
in 2024
Malaysia rank
3rd
Upper middle income rank
2nd
Saved at a bank or similar financial institution over time
- Malaysia
- Upper middle income
How they compare
Upper middle income currently reports 54.1% against 47.7% in Malaysia, a difference of 6.4%.
That makes Upper middle income's figure about 1.1 times Malaysia's.
The two have swapped places 1 time across 5 shared years of data; in 2011 it was Malaysia ahead.
Malaysia ranks 3rd and Upper middle income ranks 2nd of 80 countries.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malaysia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 35.6% | 27.5% | 8.1% | Malaysia |
| 2020s | 47.3% | 44.3% | 3.1% | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a bank or similar financial institution, Malaysia or Upper middle income?
- Upper middle income, at 54.1% against 47.7% in Malaysia as of 2024.
- What is the difference in saved at a bank or similar financial institution between Malaysia and Upper middle income?
- 6.4%, with Upper middle income ahead.
- How many years of comparable data are there for Malaysia and Upper middle income?
- 5 years are reported by both, from 2011 to 2024.
- How do Malaysia and Upper middle income rank globally for saved at a bank or similar financial institution?
- Malaysia ranks 3rd and Upper middle income ranks 2nd 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+)