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

Latin America & Caribbean (excluding high income): Bank or similar financial institution account, young was 58.8% in 2024. ▲ Rising

Latest (2024)
58.8%
Change on year
up 1.7%
Rank
8th
of 12 groups
All-time high
58.8%
in 2024
All-time low
26.2%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 26.2 % ages 15-242014: 37 % ages 15-242017: 37.3 % ages 15-242021: 57.8 % ages 15-242024: 58.8 % ages 15-24

Source: World Bank. Measured in % ages 15-24.

Analysis

In 2024, bank or similar financial institution account, young in Latin America & Caribbean (excluding high income) stood at 58.8%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 1.7% on the previous year and up 58.8% over ten years.

Over the whole period, bank or similar financial institution account, young in Latin America & Caribbean (excluding high income) peaked at 58.8% in 2024 and was at its lowest, 26.2%, in 2011.

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

Annual values for Bank or similar financial institution account, young (% ages 15-24) in Latin America & Caribbean (excluding high income), 2011 to 2024.
Year % ages 15-24 Change
2011 26.2%
2014 37.0% +41.3%
2017 37.3% +0.7%
2021 57.8% +55.2%
2024 58.8% +1.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 33.5% 26.2% 37.3% 3
2020s 58.3% 57.8% 58.8% 2

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

  1. 9 Australia 98.7% compare
  2. 10 Finland 98.6% compare
  3. 11 Slovenia 98.6% compare

See the full ranking of 118 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, young in Latin America & Caribbean (excluding high income)?
Bank or similar financial institution account, young in Latin America & Caribbean (excluding high income) was 58.8% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, young recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 58.8% in 2024.
What is the lowest bank or similar financial institution account, young recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 26.2% in 2011.
How does Latin America & Caribbean (excluding high income) rank for bank or similar financial institution account, young?
Latin America & Caribbean (excluding high income) ranks 8th out of 12 groups with data for 2024.
Is bank or similar financial institution account, young rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 58.8%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account, young in Latin America & Caribbean (excluding high income). Statizoid. Retrieved 16 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/latin-america-and-caribbean-excluding-high-income/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-young-percent-ages-15-24/latin-america-and-caribbean-excluding-high-income/">Bank or similar financial institution account, young in Latin America & Caribbean (excluding high income)</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account, young (% ages 15-24)
Unit
% ages 15-24
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed