Lower middle income vs Zambia: Saved at a financial institution or using a mobile money account
Lower middle income
26.1%
in 2024
Zambia
50.1%
in 2024
Lower middle income rank
7th
Zambia rank
8th
Saved at a financial institution or using a mobile money account over time
- Lower middle income
- Zambia
How they compare
Zambia currently reports 50.1% against 26.1% in Lower middle income, a difference of 24.0%.
That makes Zambia's figure about 1.9 times Lower middle income's.
The two have swapped places 3 times across 5 shared years of data; in 2011 it was Lower middle income ahead.
Lower middle income ranks 7th and Zambia ranks 8th of 10 groups.
Across the 2 decades both report, Lower middle income averaged higher in 1 and Zambia in 1.
Head to head by decade
| Decade | Lower middle income | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 14.4% | 14.1% | 0.4% | Lower middle income |
| 2020s | 20.6% | 39.5% | 19.0% | Zambia |
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 Zambia?
- Zambia, at 50.1% 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 Zambia?
- 24.0%, with Zambia ahead.
- How many years of comparable data are there for Lower middle income and Zambia?
- 5 years are reported by both, from 2011 to 2024.
- How do Lower middle income and Zambia rank globally for saved at a financial institution or using a mobile money account?
- Lower middle income ranks 7th and Zambia ranks 8th 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+)