Bank or similar financial institution account in Ecuador

Ecuador: Bank or similar financial institution account was 63.9% in 2024. ▲ Rising

Latest (2024)
63.9%
Change on year
down 0.4%
World rank
64th
of 115 countries
All-time high
64.2%
in 2021
All-time low
36.7%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 36.7 % age 15+2014: 46.2 % age 15+2017: 50.9 % age 15+2021: 64.2 % age 15+2024: 63.9 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Ecuador recorded 63.9% for bank or similar financial institution account in 2024.

Compared with earlier readings it is down 0.4% on the previous year and up 38.4% over ten years.

Over the whole period, bank or similar financial institution account in Ecuador peaked at 64.2% in 2021 and was at its lowest, 36.7%, in 2011.

Ecuador ranks 64th of 115 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account (% age 15+) in Ecuador, 2011 to 2024.
Year % age 15+ Change
2011 36.7%
2014 46.2% +25.8%
2017 50.9% +10.1%
2021 64.2% +26.2%
2024 63.9% -0.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 44.6% 36.7% 50.9% 3
2020s 64.1% 63.9% 64.2% 2

Countries ranked near Ecuador

  1. 61 Armenia 70.5% compare
  2. 62 Kyrgyzstan 70.0% compare
  3. 63 Viet Nam 69.9% compare
  4. 65 Dominican Republic 63.3% compare
  5. 66 Panama 60.9% compare
  6. 67 Nigeria 59.7% compare

See the full ranking of 127 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is bank or similar financial institution account in Ecuador?
Bank or similar financial institution account in Ecuador was 63.9% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Ecuador?
The highest recorded value was 64.2% in 2021.
What is the lowest bank or similar financial institution account recorded in Ecuador?
The lowest recorded value was 36.7% in 2011.
How does Ecuador rank for bank or similar financial institution account?
Ecuador ranks 64th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Ecuador?
Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
Where does this Ecuador data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account in Ecuador. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/ecuador/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 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 similar financial institution, (% age 15+)