Lower middle income vs Malaysia: Saved at a financial institution or using a mobile money account
Lower middle income
26.1%
in 2024
Malaysia
52.5%
in 2024
Lower middle income rank
7th
Malaysia rank
7th
Saved at a financial institution or using a mobile money account over time
- Lower middle income
- Malaysia
How they compare
Malaysia currently reports 52.5% against 26.1% in Lower middle income, a difference of 26.4%.
That makes Malaysia's figure about 2.0 times Lower middle income's.
Across all 5 years both countries report, Malaysia has been ahead every year.
Lower middle income ranks 7th 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 | Lower middle income | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.4% | 35.6% | 21.2% | Malaysia |
| 2020s | 20.6% | 50.8% | 30.2% | 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, Lower middle income or Malaysia?
- Malaysia, at 52.5% against 26.1% in Lower middle income as of 2024.
- What is the difference in saved at a financial institution or using a mobile money account between Lower middle income and Malaysia?
- 26.4%, with Malaysia ahead.
- How many years of comparable data are there for Lower middle income and Malaysia?
- 5 years are reported by both, from 2011 to 2024.
- How do Lower middle income and Malaysia rank globally for saved at a financial institution or using a mobile money account?
- Lower middle income ranks 7th 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+)