Saved at a bank or similar financial institution in Upper middle income

Upper middle income: Saved at a bank or similar financial institution was 54.1% in 2024. ▲ Rising

Latest (2024)
54.1%
Change on year
up 57.1%
Rank
2nd
of 10 groups
All-time high
54.1%
in 2024
All-time low
24.2%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Upper middle income, 2011–2024

02040602011201720242011: 24.2 % age 15+2014: 31.7 % age 15+2017: 26.7 % age 15+2021: 34.4 % age 15+2024: 54.1 % age 15+

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

Analysis

Upper middle income recorded 54.1% for saved at a bank or similar financial institution in 2024. That is the highest value across all 5 years on record.

That represents a change of up 57.1% on the previous year and up 70.9% over ten years.

Over the whole period, saved at a bank or similar financial institution in Upper middle income peaked at 54.1% in 2024 and was at its lowest, 24.2%, in 2011.

Saved at a bank or similar financial institution in Upper middle income, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Upper middle income, 2011 to 2024.
Year % age 15+ Change
2011 24.2%
2014 31.7% +30.7%
2017 26.7% -15.6%
2021 34.4% +28.9%
2024 54.1% +57.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 27.5% 24.2% 31.7% 3
2020s 44.3% 34.4% 54.1% 2

Countries ranked near Upper middle income

  1. 1 China 66.5% compare
  2. 2 Thailand 49.3% compare
  3. 3 Malaysia 47.7% compare
  4. 4 Bulgaria 47.7% compare
  5. 5 Poland 45.8% compare

See the full ranking of 90 places →

More reference data data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is saved at a bank or similar financial institution in Upper middle income?
Saved at a bank or similar financial institution in Upper middle income was 54.1% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Upper middle income?
The highest recorded value was 54.1% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Upper middle income?
The lowest recorded value was 24.2% in 2011.
How does Upper middle income rank for saved at a bank or similar financial institution?
Upper middle income ranks 2nd out of 10 groups with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Upper middle income?
Over the last ten years it is up 70.9%. The long-run trend across the full record is rising.
Where does this Upper 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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Saved at a bank or similar financial institution in Upper middle income. Statizoid, drawing on Global Findex Database. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/upper-middle-income/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

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+)