Latin America & Caribbean (excluding high income) vs Malaysia: Saved at a financial institution or using a mobile money account
Latin America & Caribbean (excluding high income)
28.8%
in 2024
Malaysia
52.5%
in 2024
Latin America & Caribbean (excluding high income) rank
5th
Malaysia rank
7th
Saved at a financial institution or using a mobile money account over time
- Latin America & Caribbean (excluding high income)
- Malaysia
How they compare
Malaysia currently reports 52.5% against 28.8% in Latin America & Caribbean (excluding high income), a difference of 23.7%.
That makes Malaysia's figure about 1.8 times Latin America & Caribbean (excluding high income)'s.
Across all 5 years both countries report, Malaysia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 5th and Malaysia ranks 7th of 10 groups.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.7% | 35.6% | 23.9% | Malaysia |
| 2020s | 23.4% | 50.8% | 27.4% | Malaysia |
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, Latin America & Caribbean (excluding high income) or Malaysia?
- Malaysia, at 52.5% against 28.8% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in saved at a financial institution or using a mobile money account between Latin America & Caribbean (excluding high income) and Malaysia?
- 23.7%, with Malaysia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Malaysia?
- 5 years are reported by both, from 2011 to 2024.
- How do Latin America & Caribbean (excluding high income) and Malaysia rank globally for saved at a financial institution or using a mobile money account?
- Latin America & Caribbean (excluding high income) ranks 5th and Malaysia ranks 7th of 10 groups.
- 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+)