Owns a debit card, income, poorest 40% in Lower middle income

Lower middle income: Owns a debit card, income, poorest 40% was 23.8% in 2024. ▲ Rising

Latest (2024)
23.8%
Change on year
up 28.8%
Rank
7th
of 8 groups
All-time high
23.8%
in 2024
All-time low
5.6%
in 2011
Years of data
5
2011–2024

Owns a debit card, income, poorest 40% in Lower middle income, 2011–2024

5101520252011201720242011: 5.6 % ages 15+2014: 11.9 % ages 15+2017: 16.5 % ages 15+2021: 18.4 % ages 15+2024: 23.8 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

The most recent figure for owns a debit card, income, poorest 40% in Lower middle income is 23.8%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 28.8% on the previous year and up 98.9% over ten years.

Over the whole period, owns a debit card, income, poorest 40% in Lower middle income peaked at 23.8% in 2024 and was at its lowest, 5.6%, in 2011.

Owns a debit card, income, poorest 40% in Lower middle income, year by year

Annual values for Owns a debit card, income, poorest 40% (% ages 15+) in Lower middle income, 2011 to 2024.
Year % ages 15+ Change
2011 5.6%
2014 11.9% +114.2%
2017 16.5% +38.3%
2021 18.4% +11.7%
2024 23.8% +28.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.3% 5.6% 16.5% 3
2020s 21.1% 18.4% 23.8% 2

Countries ranked near Lower middle income

  1. 4 Sweden 96.4% compare
  2. 5 Netherlands 96.1% compare
  3. 6 Denmark 95.9% compare
  4. 7 Canada 95.5% compare
  5. 8 Austria 95.3% compare
  6. 9 Germany 94.8% compare
  7. 10 Ireland 94.5% compare

See the full ranking of 93 places →

More reference data data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is owns a debit card, income, poorest 40% in Lower middle income?
Owns a debit card, income, poorest 40% in Lower middle income was 23.8% in 2024, according to Global Findex database.
What is the highest owns a debit card, income, poorest 40% recorded in Lower middle income?
The highest recorded value was 23.8% in 2024.
What is the lowest owns a debit card, income, poorest 40% recorded in Lower middle income?
The lowest recorded value was 5.6% in 2011.
How does Lower middle income rank for owns a debit card, income, poorest 40%?
Lower middle income ranks 7th out of 8 groups with data for 2024.
Is owns a debit card, income, poorest 40% rising or falling in Lower middle income?
Over the last ten years it is up 98.9%. 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 debit card, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Owns a debit card, income, poorest 40% in Lower middle income. Statizoid, drawing on Global Findex database. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/owns-a-debit-card-income-poorest-40-percent-percent-ages-15/lower-middle-income/

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About this data

Indicator
Owns a debit card, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
93 places, 465 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a debit card, poorest 40% (% ages 15+)