Lower middle income vs Uganda: Saved at a financial institution or using a mobile money account
Lower middle income
26.1%
in 2024
Uganda
53.6%
in 2024
Lower middle income rank
7th
Uganda rank
5th
Saved at a financial institution or using a mobile money account over time
- Lower middle income
- Uganda
How they compare
Uganda currently reports 53.6% against 26.1% in Lower middle income, a difference of 27.5%.
That makes Uganda's figure about 2.1 times Lower middle income's.
The two have swapped places 2 times across 5 shared years of data; in 2011 it was Uganda ahead.
Lower middle income ranks 7th and Uganda ranks 5th of 10 groups.
Uganda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Uganda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.4% | 15.3% | 0.9% | Uganda |
| 2020s | 20.6% | 46.1% | 25.6% | Uganda |
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 Uganda?
- Uganda, at 53.6% 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 Uganda?
- 27.5%, with Uganda ahead.
- How many years of comparable data are there for Lower middle income and Uganda?
- 5 years are reported by both, from 2011 to 2024.
- How do Lower middle income and Uganda rank globally for saved at a financial institution or using a mobile money account?
- Lower middle income ranks 7th and Uganda ranks 5th 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+)