Owns a credit card in Lower middle income
Lower middle income: Owns a credit card was 5.0% in 2024. β² Rising
Latest (2024)
5.0%
Change on year
up 19.6%
Rank
7th
of 10 groups
All-time high
5.0%
in 2024
All-time low
2.8%
in 2011
Years of data
5
2011β2024
Owns a credit card in Lower middle income, 2011β2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Lower middle income recorded 5.0% for owns a credit card in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 19.6% on the previous year and up 35.6% over ten years.
Over the whole period, owns a credit card in Lower middle income peaked at 5.0% in 2024 and was at its lowest, 2.8%, in 2011.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.3% | 2.8% | 3.7% | 3 |
| 2020s | 4.6% | 4.1% | 5.0% | 2 |
Countries ranked near Lower middle income
- 4 Ukraine 41.1% compare
- 5 Croatia 40.6% compare
- 6 Saudi Arabia 30.1% compare
- 7 Argentina 29.9% compare
- 8 Kazakhstan 26.5% compare
- 9 North Macedonia 26.0% compare
- 10 Serbia 24.3% compare
More reference data data for Lower middle income
- Exchange rate, new LCU per USD extended backward, period average 6,782 (2021)
- CPI Price, nominal 469.5 (2026)
- CPI Price, nominal, seas. adj. 475.87 (2026)
- School age population, one year before than official primary entry age 28.75 million number (2019)
- School age population, one year before than official primary entry age 59.49 million number (2019)
- School age population, one year before than official primary entry age 30.74 million number (2019)
- School life expectancy, primary, both sexes 5.41 years (2019)
- School life expectancy, primary, female 5.37 years (2019)
- School life expectancy, primary, male 5.44 years (2019)
- Share of all students in secondary education enrolled in general progr 95.5% (2019)
Frequently asked questions
- What is owns a credit card in Lower middle income?
- Owns a credit card in Lower middle income was 5.0% in 2024, according to Global Findex Database.
- What is the highest owns a credit card recorded in Lower middle income?
- The highest recorded value was 5.0% in 2024.
- What is the lowest owns a credit card recorded in Lower middle income?
- The lowest recorded value was 2.8% in 2011.
- How does Lower middle income rank for owns a credit card?
- Lower middle income ranks 7th out of 10 groups with data for 2024.
- Is owns a credit card rising or falling in Lower middle income?
- Over the last ten years it is up 35.6%. The long-run trend across the full record is rising.
- Where does this Lower 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.
Download this data
CSV Β· JSON β 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The percentage of respondents who report having a credit card, (% age 15+)