Latin America & Caribbean (excluding high income) vs Senegal: Saved at a financial institution or using a mobile money account

Latin America & Caribbean (excluding high income)
28.8%
in 2024
Senegal
58.3%
in 2024
Latin America & Caribbean (excluding high income) rank
5th
Senegal rank
3rd

Saved at a financial institution or using a mobile money account over time

  • Latin America & Caribbean (excluding high income)
  • Senegal
0204060201120172024

How they compare

Senegal currently reports 58.3% against 28.8% in Latin America & Caribbean (excluding high income), a difference of 29.5%.

That makes Senegal's figure about 2.0 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 1 time across 5 shared years of data; in 2011 it was Latin America & Caribbean (excluding high income) ahead.

Latin America & Caribbean (excluding high income) ranks 5th and Senegal ranks 3rd of 10 groups.

Across the 2 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Senegal in 1.

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Senegal Difference Ahead
2010s 11.7% 5.9% 5.9% Latin America & Caribbean (excluding high income)
2020s 23.4% 45.6% 22.2% Senegal

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 Senegal?
Senegal, at 58.3% 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 Senegal?
29.5%, with Senegal ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Senegal?
5 years are reported by both, from 2011 to 2024.
How do Latin America & Caribbean (excluding high income) and Senegal rank globally for saved at a financial institution or using a mobile money account?
Latin America & Caribbean (excluding high income) ranks 5th and Senegal ranks 3rd 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.

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Latin America & Caribbean (excluding high income) vs Senegal: Saved at a financial institution or using a mobile money account. Statizoid, drawing on Global Findex Database. Retrieved 14 September 2026, from https://reference.statizoid.com/compare/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/latin-america-and-caribbean-excluding-high-income/senegal/

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<a href="https://reference.statizoid.com/compare/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/latin-america-and-caribbean-excluding-high-income/senegal/">Latin America & Caribbean (excluding high income) vs Senegal: Saved at a financial institution or using a mobile money account</a> — Statizoid

About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 data points, 2011–2024
Last refreshed

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+)