Bank or similar financial institution account, older in Ecuador

Ecuador: Bank or similar financial institution account, older was 65.1% in 2024. ▲ Rising

Latest (2024)
65.1%
Change on year
down 4.1%
World rank
70th
of 106 countries
All-time high
67.9%
in 2021
All-time low
40.6%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, older in Ecuador, 2011–2024

02040602011201720242011: 40.6 % age 25+2014: 50.9 % age 25+2017: 57.1 % age 25+2021: 67.9 % age 25+2024: 65.1 % age 25+

Source: World Bank. Measured in % age 25+.

Analysis

In 2024, bank or similar financial institution account, older in Ecuador stood at 65.1%.

Compared with earlier readings it is down 4.1% on the previous year and up 28.0% over ten years.

Over the whole period, bank or similar financial institution account, older in Ecuador peaked at 67.9% in 2021 and was at its lowest, 40.6%, in 2011.

That places Ecuador 70th out of 106 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, older in Ecuador, year by year

Annual values for Bank or similar financial institution account, older (% age 25+) in Ecuador, 2011 to 2024.
Year % age 25+ Change
2011 40.6%
2014 50.9% +25.3%
2017 57.1% +12.2%
2021 67.9% +19.0%
2024 65.1% -4.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.5% 40.6% 57.1% 3
2020s 66.5% 65.1% 67.9% 2

Countries ranked near Ecuador

  1. 67 Dominican Republic 68.7% compare
  2. 68 Nepal 67.2% compare
  3. 69 Uzbekistan 66.8% compare
  4. 71 Panama 63.4% compare
  5. 72 Azerbaijan 61.7% compare
  6. 73 Bolivia, Plurinational State of 55.7% compare

See the full ranking of 118 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is bank or similar financial institution account, older in Ecuador?
Bank or similar financial institution account, older in Ecuador was 65.1% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, older recorded in Ecuador?
The highest recorded value was 67.9% in 2021.
What is the lowest bank or similar financial institution account, older recorded in Ecuador?
The lowest recorded value was 40.6% in 2011.
How does Ecuador rank for bank or similar financial institution account, older?
Ecuador ranks 70th out of 106 countries with data for 2024.
Is bank or similar financial institution account, older rising or falling in Ecuador?
Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
Where does this Ecuador data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, older (% age 25+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, older in Ecuador. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-older-percent-age-25/ecuador/

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About this data

Indicator
Bank or similar financial institution account, older (% age 25+)
Unit
% age 25+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed