Bank or similar financial institution account, poorest 40% in Ecuador

Ecuador: Bank or similar financial institution account, poorest 40% was 55.6% in 2024. ▲ Rising

Latest (2024)
55.6%
Change on year
down 6.0%
World rank
63rd
of 102 countries
All-time high
59.1%
in 2021
All-time low
22.8%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Ecuador, 2011–2024

02040602011201720242011: 22.8 % age 15+2014: 31 % age 15+2017: 33.4 % age 15+2021: 59.1 % age 15+2024: 55.6 % age 15+

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

Analysis

Ecuador recorded 55.6% for bank or similar financial institution account, poorest 40% in 2024.

Compared with earlier readings it is down 6.0% on the previous year and up 79.1% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Ecuador peaked at 59.1% in 2021 and was at its lowest, 22.8%, in 2011.

Ecuador ranks 63rd of 102 countries on this measure, in the middle of the range.

Bank or similar financial institution account, poorest 40% in Ecuador, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Ecuador, 2011 to 2024.
Year % age 15+ Change
2011 22.8%
2014 31.0% +36.4%
2017 33.4% +7.6%
2021 59.1% +77.1%
2024 55.6% -6.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.1% 22.8% 33.4% 3
2020s 57.4% 55.6% 59.1% 2

Countries ranked near Ecuador

  1. 60 Uruguay 62.9% compare
  2. 61 Costa Rica 62.8% compare
  3. 62 Uzbekistan 61.7% compare
  4. 64 Romania 55.4% compare
  5. 65 Dominican Republic 51.4% compare
  6. 66 Nepal 50.5% compare

See the full ranking of 114 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Ecuador?
Bank or similar financial institution account, poorest 40% in Ecuador was 55.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Ecuador?
The highest recorded value was 59.1% in 2021.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Ecuador?
The lowest recorded value was 22.8% in 2011.
How does Ecuador rank for bank or similar financial institution account, poorest 40%?
Ecuador ranks 63rd out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Ecuador?
Over the last ten years it is up 79.1%. The long-run trend across the full record is rising.
Where does this Ecuador data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Ecuador. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/ecuador/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed