Owns a credit card in Low & middle income

Low & middle income: Owns a credit card was 19.8% in 2024. ▲ Rising

Latest (2024)
19.8%
Change on year
up 26.7%
Rank
5th
of 10 groups
All-time high
19.8%
in 2024
All-time low
6.8%
in 2011
Years of data
5
2011–2024

Owns a credit card in Low & middle income, 2011–2024

51015202011201720242011: 6.8 % age 15+2014: 9.8 % age 15+2017: 10.4 % age 15+2021: 15.7 % age 15+2024: 19.8 % age 15+

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

Analysis

The most recent figure for owns a credit card in Low & middle income is 19.8%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 26.7% on the previous year and up 103.0% over ten years.

Over the whole period, owns a credit card in Low & middle income peaked at 19.8% in 2024 and was at its lowest, 6.8%, in 2011.

Owns a credit card in Low & middle income, year by year

Annual values for Owns a credit card (% age 15+) in Low & middle income, 2011 to 2024.
Year % age 15+ Change
2011 6.8%
2014 9.8% +43.8%
2017 10.4% +6.3%
2021 15.7% +50.8%
2024 19.8% +26.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.0% 6.8% 10.4% 3
2020s 17.8% 15.7% 19.8% 2

Countries ranked near Low & middle income

  1. 2 Türkiye 43.7% compare
  2. 3 Brazil 43.5% compare
  3. 4 Ukraine 41.1% compare
  4. 5 Croatia 40.6% compare
  5. 6 Saudi Arabia 30.1% compare
  6. 7 Argentina 29.9% compare
  7. 8 Kazakhstan 26.5% compare

See the full ranking of 125 places →

More reference data data for Low & middle income

All data for Low & middle income →

Frequently asked questions

What is owns a credit card in Low & middle income?
Owns a credit card in Low & middle income was 19.8% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Low & middle income?
The highest recorded value was 19.8% in 2024.
What is the lowest owns a credit card recorded in Low & middle income?
The lowest recorded value was 6.8% in 2011.
How does Low & middle income rank for owns a credit card?
Low & middle income ranks 5th out of 10 groups with data for 2024.
Is owns a credit card rising or falling in Low & middle income?
Over the last ten years it is up 103.0%. The long-run trend across the full record is rising.
Where does this Low & middle 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 Low & middle income. Statizoid, drawing on Global Findex Database. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/owns-a-credit-card-percent-age-15/low-and-middle-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+)