Bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Bank or similar financial institution account, out of laborforce was 56.7% in 2024. ▲ Rising

Latest (2024)
56.7%
Change on year
up 2.0%
Rank
7th
of 12 groups
All-time high
56.7%
in 2024
All-time low
27.1%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income), 2011–2024

02040602011201720242011: 27.1 % age 15+2014: 40.5 % age 15+2017: 43.7 % age 15+2021: 55.6 % age 15+2024: 56.7 % 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 Latin America & Caribbean (excluding high income) is 56.7%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 2.0% on the previous year and up 39.8% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income) peaked at 56.7% in 2024 and was at its lowest, 27.1%, in 2011.

Bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income), year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Latin America & Caribbean (excluding high income), 2011 to 2024.
Year % age 15+ Change
2011 27.1%
2014 40.5% +49.8%
2017 43.7% +7.8%
2021 55.6% +27.1%
2024 56.7% +2.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 37.1% 27.1% 43.7% 3
2020s 56.1% 55.6% 56.7% 2

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

  1. 4 France 99.0% compare
  2. 5 Sweden 98.7% compare
  3. 6 United Kingdom 98.7% compare
  4. 7 Lithuania 98.7% compare
  5. 8 Denmark 98.4% compare
  6. 9 Netherlands 98.3% compare
  7. 10 Slovenia 98.1% compare

See the full ranking of 110 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 bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income)?
Bank or similar financial institution account, out of laborforce in Latin America & Caribbean (excluding high income) was 56.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 56.7% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 27.1% in 2011.
How does Latin America & Caribbean (excluding high income) rank for bank or similar financial institution account, out of laborforce?
Latin America & Caribbean (excluding high income) ranks 7th out of 12 groups with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 39.8%. 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 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 Latin America & Caribbean (excluding high income). Statizoid. Retrieved 17 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/latin-america-and-caribbean-excluding-high-income/

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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