Bank or similar financial institution account in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Bank or similar financial institution account was 66.4% in 2024. ▲ Rising
Bank or similar financial institution account in Latin America & Caribbean (excluding high income), 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, bank or similar financial institution account in Latin America & Caribbean (excluding high income) stood at 66.4%. That is the highest value across all 5 years on record.
The figure is up 2.2% on the previous year and up 29.5% over ten years.
Over the whole period, bank or similar financial institution account in Latin America & Caribbean (excluding high income) peaked at 66.4% in 2024 and was at its lowest, 39.5%, in 2011.
Bank or similar financial institution account in Latin America & Caribbean (excluding high income), year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 39.5% | — |
| 2014 | 51.3% | +30.0% |
| 2017 | 53.5% | +4.2% |
| 2021 | 65.0% | +21.6% |
| 2024 | 66.4% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.1% | 39.5% | 53.5% | 3 |
| 2020s | 65.7% | 65.0% | 66.4% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, annual growth rate 2.35 % change on previous year (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry 4.89 million number (2019)
- School age population, one year before than official primary entry 5.10 million number (2019)
- School age population, one year before than official primary entry 9.99 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- School life expectancy, primary, female 6.12 years (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is bank or similar financial institution account in Latin America & Caribbean (excluding high income)?
- Bank or similar financial institution account in Latin America & Caribbean (excluding high income) was 66.4% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 66.4% in 2024.
- What is the lowest bank or similar financial institution account recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 39.5% in 2011.
- How does Latin America & Caribbean (excluding high income) rank for bank or similar financial institution account?
- Latin America & Caribbean (excluding high income) ranks 8th out of 12 groups with data for 2024.
- Is bank or similar financial institution account rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 29.5%. 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 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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About this data
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+)