Saved at a bank or similar financial institution in Lower middle income
Lower middle income: Saved at a bank or similar financial institution was 20.9% in 2024. ▲ Rising
Saved at a bank or similar financial institution in Lower middle income, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Lower middle income recorded 20.9% for saved at a bank or similar financial institution in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 62.0% on the previous year and up 42.2% over ten years.
Over the whole period, saved at a bank or similar financial institution in Lower middle income peaked at 20.9% in 2024 and was at its lowest, 11.9%, in 2011.
Saved at a bank or similar financial institution in Lower middle income, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 11.9% | — |
| 2014 | 14.7% | +23.2% |
| 2017 | 16.6% | +12.8% |
| 2021 | 12.9% | -22.2% |
| 2024 | 20.9% | +62.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.4% | 11.9% | 16.6% | 3 |
| 2020s | 16.9% | 12.9% | 20.9% | 2 |
Countries ranked near Lower middle income
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 28.75 million number (2019)
- School age population, one year before than official primary entry 59.49 million number (2019)
- School age population, one year before than official primary entry 30.74 million number (2019)
- School life expectancy, primary, both sexes 5.41 years (2019)
- School life expectancy, primary, male 5.44 years (2019)
- School life expectancy, primary, female 5.37 years (2019)
- Share of all students in secondary education enrolled in general 95.5% (2019)
Frequently asked questions
- What is saved at a bank or similar financial institution in Lower middle income?
- Saved at a bank or similar financial institution in Lower middle income was 20.9% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Lower middle income?
- The highest recorded value was 20.9% in 2024.
- What is the lowest saved at a bank or similar financial institution recorded in Lower middle income?
- The lowest recorded value was 11.9% in 2011.
- How does Lower middle income rank for saved at a bank or similar financial institution?
- Lower middle income ranks 6th out of 10 groups with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in Lower middle income?
- Over the last ten years it is up 42.2%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)