Account, income, poorest 40% in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Account, income, poorest 40% was 59.5% in 2024. ▲ Rising

Latest (2024)
59.5%
Change on year
up 0.8%
Rank
9th
of 12 groups
All-time high
59.5%
in 2024
All-time low
24.1%
in 2011
Years of data
5
2011–2024

Account, income, poorest 40% in Latin America & Caribbean (excluding high income), 2011–2024

02040602011201720242011: 24.1 % ages 15+2014: 40.8 % ages 15+2017: 41.8 % ages 15+2021: 59.1 % ages 15+2024: 59.5 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

In 2024, account, income, poorest 40% in Latin America & Caribbean (excluding high income) stood at 59.5%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 0.8% on the previous year and up 45.9% over ten years.

Over the whole period, account, income, poorest 40% in Latin America & Caribbean (excluding high income) peaked at 59.5% in 2024 and was at its lowest, 24.1%, in 2011.

Account, income, poorest 40% in Latin America & Caribbean (excluding high income), year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Latin America & Caribbean (excluding high income), 2011 to 2024.
Year % ages 15+ Change
2011 24.1%
2014 40.8% +69.6%
2017 41.8% +2.5%
2021 59.1% +41.3%
2024 59.5% +0.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.6% 24.1% 41.8% 3
2020s 59.3% 59.1% 59.5% 2

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 6 Belgium 98.7% compare
  2. 7 France 98.7% compare
  3. 8 Canada 98.6% compare
  4. 9 Germany 98.6% compare
  5. 10 Netherlands 98.3% compare
  6. 11 Slovenia 98.1% compare
  7. 12 Estonia 98.0% compare

See the full ranking of 115 places →

More reference data data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is account, income, poorest 40% in Latin America & Caribbean (excluding high income)?
Account, income, poorest 40% in Latin America & Caribbean (excluding high income) was 59.5% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 59.5% in 2024.
What is the lowest account, income, poorest 40% recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 24.1% in 2011.
How does Latin America & Caribbean (excluding high income) rank for account, income, poorest 40%?
Latin America & Caribbean (excluding high income) ranks 9th out of 12 groups with data for 2024.
Is account, income, poorest 40% rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 45.9%. The long-run trend across the full record is rising.
Where does this Latin America & Caribbean (excluding high income) data come from?
The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, poorest 40% in Latin America & Caribbean (excluding high income). Statizoid, drawing on Global Findex database. Retrieved 14 September 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), poorest 40% (% ages 15+)