Saudi Arabia vs Sub-Saharan Africa (excluding high income): Saved at a bank or similar financial institution
Saudi Arabia
37.4%
in 2024
Sub-Saharan Africa (excluding high income)
19.7%
in 2024
Saudi Arabia rank
9th
Sub-Saharan Africa (excluding high income) rank
8th
Saved at a bank or similar financial institution over time
- Saudi Arabia
- Sub-Saharan Africa (excluding high income)
How they compare
Saudi Arabia currently reports 37.4% against 19.7% in Sub-Saharan Africa (excluding high income), a difference of 17.7%.
That makes Saudi Arabia's figure about 1.9 times Sub-Saharan Africa (excluding high income)'s.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Saudi Arabia ahead.
Saudi Arabia ranks 9th and Sub-Saharan Africa (excluding high income) ranks 8th of 80 countries.
Saudi Arabia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Saudi Arabia | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 15.7% | 14.9% | 0.8% | Saudi Arabia |
| 2020s | 36.5% | 17.2% | 19.2% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a bank or similar financial institution, Saudi Arabia or Sub-Saharan Africa (excluding high income)?
- Saudi Arabia, at 37.4% 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 Saudi Arabia and Sub-Saharan Africa (excluding high income)?
- 17.7%, with Saudi Arabia ahead.
- How many years of comparable data are there for Saudi Arabia and Sub-Saharan Africa (excluding high income)?
- 5 years are reported by both, from 2011 to 2024.
- How do Saudi Arabia and Sub-Saharan Africa (excluding high income) rank globally for saved at a bank or similar financial institution?
- Saudi Arabia ranks 9th 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.
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+)