Kenya vs Upper middle income: Saved at a financial institution or using a mobile money account
Kenya
54.4%
in 2024
Upper middle income
55.4%
in 2024
Kenya rank
4th
Upper middle income rank
2nd
Saved at a financial institution or using a mobile money account over time
- Kenya
- Upper middle income
How they compare
Upper middle income currently reports 55.4% against 54.4% in Kenya, a difference of 1.0%.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Upper middle income ahead.
Kenya ranks 4th and Upper middle income ranks 2nd of 82 countries.
Across the 2 decades both report, Kenya averaged higher in 1 and Upper middle income in 1.
Head to head by decade
| Decade | Kenya | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 26.8% | 27.5% | 0.8% | Upper middle income |
| 2020s | 49.7% | 45.3% | 4.5% | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher saved at a financial institution or using a mobile money account, Kenya or Upper middle income?
- Upper middle income, at 55.4% against 54.4% in Kenya as of 2024.
- What is the difference in saved at a financial institution or using a mobile money account between Kenya and Upper middle income?
- 1.0%, with Upper middle income ahead.
- How many years of comparable data are there for Kenya and Upper middle income?
- 5 years are reported by both, from 2011 to 2024.
- How do Kenya and Upper middle income rank globally for saved at a financial institution or using a mobile money account?
- Kenya ranks 4th and Upper middle income ranks 2nd of 82 countries.
- Where does this data come from?
- Global Findex Database, published as Saved at a financial institution or using a mobile money account (% 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 or using a mobile money account to save in the past year, (% age 15+)