Owns a credit card in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Owns a credit card was 25.2% in 2024. ▲ Rising

Latest (2024)
25.2%
Change on year
up 6.3%
Rank
4th
of 10 groups
All-time high
25.2%
in 2024
All-time low
18.3%
in 2011
Years of data
5
2011–2024

Owns a credit card in Latin America & Caribbean (excluding high income), 2011–2024

01020302011201720242011: 18.3 % age 15+2014: 21.7 % age 15+2017: 18.3 % age 15+2021: 23.7 % age 15+2024: 25.2 % age 15+

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

Analysis

In 2024, owns a credit card in Latin America & Caribbean (excluding high income) stood at 25.2%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 6.3% on the previous year and up 15.7% over ten years.

Over the whole period, owns a credit card in Latin America & Caribbean (excluding high income) peaked at 25.2% in 2024 and was at its lowest, 18.3%, in 2011.

Owns a credit card in Latin America & Caribbean (excluding high income), year by year

Annual values for Owns a credit card (% age 15+) in Latin America & Caribbean (excluding high income), 2011 to 2024.
Year % age 15+ Change
2011 18.3%
2014 21.7% +18.7%
2017 18.3% -15.7%
2021 23.7% +29.2%
2024 25.2% +6.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 19.5% 18.3% 21.7% 3
2020s 24.4% 23.7% 25.2% 2

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

  1. 1 China 46.0% compare
  2. 2 Türkiye 43.7% compare
  3. 3 Brazil 43.5% compare
  4. 4 Ukraine 41.1% compare
  5. 5 Croatia 40.6% compare
  6. 6 Saudi Arabia 30.1% compare
  7. 7 Argentina 29.9% compare

See the full ranking of 125 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 owns a credit card in Latin America & Caribbean (excluding high income)?
Owns a credit card in Latin America & Caribbean (excluding high income) was 25.2% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 25.2% in 2024.
What is the lowest owns a credit card recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 18.3% in 2011.
How does Latin America & Caribbean (excluding high income) rank for owns a credit card?
Latin America & Caribbean (excluding high income) ranks 4th out of 10 groups with data for 2024.
Is owns a credit card rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 15.7%. 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 Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

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Owns a credit card in Latin America & Caribbean (excluding high income). Statizoid, drawing on Global Findex Database. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/owns-a-credit-card-percent-age-15/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)