Bank or similar financial institution account, out of laborforce in El Salvador

El Salvador: Bank or similar financial institution account, out of laborforce was 29.1% in 2024. ▲ Rising

Latest (2024)
29.1%
Change on year
up 52.5%
World rank
77th
of 98 countries
All-time high
29.1%
in 2024
All-time low
6.7%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in El Salvador, 2011–2024

510152025302011201720242011: 6.7 % age 15+2014: 21.7 % age 15+2017: 16.4 % age 15+2021: 19 % age 15+2024: 29.1 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in El Salvador is 29.1%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 52.5% on the previous year and up 33.7% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in El Salvador peaked at 29.1% in 2024 and was at its lowest, 6.7%, in 2011.

El Salvador ranks 77th of 98 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, out of laborforce in El Salvador, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in El Salvador, 2011 to 2024.
Year % age 15+ Change
2011 6.7%
2014 21.7% +225.8%
2017 16.4% -24.6%
2021 19.0% +16.3%
2024 29.1% +52.5%

El Salvador compared with similar countries

  • El Salvador's 29.1% is below the median for upper middle income countries, which is 61.6%, 47% of the median. (33 countries reporting)
  • El Salvador's 29.1% is below the median for Latin America & Caribbean, which is 43.5%, 67% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 14.9% 6.7% 21.7% 3
2020s 24.1% 19.0% 29.1% 2

Countries ranked near El Salvador

  1. 74 Botswana 29.8% compare
  2. 75 Guatemala 29.5% compare
  3. 76 Colombia 29.3% compare
  4. 78 Honduras 26.9% compare
  5. 79 Philippines 25.9% compare
  6. 80 Albania 25.5% compare

See the full ranking of 110 places →

More reference data data for El Salvador

All data for El Salvador →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in El Salvador?
Bank or similar financial institution account, out of laborforce in El Salvador was 29.1% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in El Salvador?
The highest recorded value was 29.1% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in El Salvador?
The lowest recorded value was 6.7% in 2011.
How does El Salvador rank for bank or similar financial institution account, out of laborforce?
El Salvador ranks 77th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in El Salvador?
Over the last ten years it is up 33.7%. The long-run trend across the full record is rising.
Where does this El Salvador data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in El Salvador. Statizoid. Retrieved 14 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/el-salvador/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed