Bank or similar financial institution account, out of laborforce in Mexico

Mexico: Bank or similar financial institution account, out of laborforce was 42.5% in 2024. ▲ Rising

Latest (2024)
42.5%
Change on year
up 39.5%
World rank
66th
of 98 countries
All-time high
42.5%
in 2024
All-time low
15.8%
in 2011
Years of data
5
2011–2024

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

0102030402011201720242011: 15.8 % age 15+2014: 25.2 % age 15+2017: 25.5 % age 15+2022: 30.4 % age 15+2024: 42.5 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, out of laborforce in Mexico stood at 42.5%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 39.5% on the previous year and up 68.2% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Mexico peaked at 42.5% in 2024 and was at its lowest, 15.8%, in 2011.

That places Mexico 66th out of 98 countries with data for 2024, putting it in the middle of the range.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Mexico, 2011 to 2024.
Year % age 15+ Change
2011 15.8%
2014 25.2% +59.7%
2017 25.5% +0.9%
2022 30.4% +19.5%
2024 42.5% +39.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 22.2% 15.8% 25.5% 3
2020s 36.4% 30.4% 42.5% 2

Countries ranked near Mexico

  1. 63 Panama 46.6% compare
  2. 64 Dominican Republic 44.6% compare
  3. 65 Indonesia 43.6% compare
  4. 67 Azerbaijan 40.9% compare
  5. 68 Bolivia, Plurinational State of 40.8% compare
  6. 69 Viet Nam 40.7% compare

See the full ranking of 110 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Mexico?
Bank or similar financial institution account, out of laborforce in Mexico was 42.5% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Mexico?
The highest recorded value was 42.5% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Mexico?
The lowest recorded value was 15.8% in 2011.
How does Mexico rank for bank or similar financial institution account, out of laborforce?
Mexico ranks 66th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Mexico?
Over the last ten years it is up 68.2%. The long-run trend across the full record is rising.
Where does this Mexico 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 Mexico. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/mexico/

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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