Saved at a bank or similar financial institution in Zambia
Zambia: Saved at a bank or similar financial institution was 9.5% in 2024. ▼ Falling
Saved at a bank or similar financial institution in Zambia, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for saved at a bank or similar financial institution in Zambia is 9.5%, measured in 2024.
Compared with earlier readings it is up 17.1% on the previous year and down 43.3% over ten years.
Over the whole period, saved at a bank or similar financial institution in Zambia peaked at 16.8% in 2014 and was at its lowest, 8.2%, in 2021.
That places Zambia 54th out of 80 countries with data for 2024, putting it in the middle of the range.
Saved at a bank or similar financial institution in Zambia, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 11.8% | — |
| 2014 | 16.8% | +43.2% |
| 2017 | 13.6% | -19.5% |
| 2021 | 8.2% | -39.9% |
| 2024 | 9.5% | +17.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.1% | 11.8% | 16.8% | 3 |
| 2020s | 8.8% | 8.2% | 9.5% | 2 |
Countries ranked near Zambia
- 51 Philippines 10.3% compare
- 52 Guatemala 10.3% compare
- 53 Bangladesh 9.7% compare
- 55 Burkina Faso 9.5% compare
- 56 Chad 9.4% compare
- 57 Cambodia 9.3% compare
More reference data data for Zambia
- Spring temperature anomalies -0.0386 °C (2026)
- Summer temperature anomalies -0.018 °C (2026)
- Temperature anomalies by month 0.3261 °C (2026)
- Exchange rate, new LCU per USD extended backward, period average 19.51 (2026)
- Exchange rate, old LCU per USD extended forward, period average 19.51 (2026)
- Official exchange rate, LCU per USD, period average 19.51 (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.5273 °C (2025)
- Winter temperature anomalies -0.2981 °C (2025)
- Consumer price index 483.32 2010 = 100 (2025)
Frequently asked questions
- What is saved at a bank or similar financial institution in Zambia?
- Saved at a bank or similar financial institution in Zambia was 9.5% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Zambia?
- The highest recorded value was 16.8% in 2014.
- What is the lowest saved at a bank or similar financial institution recorded in Zambia?
- The lowest recorded value was 8.2% in 2021.
- How does Zambia rank for saved at a bank or similar financial institution?
- Zambia ranks 54th out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in Zambia?
- Over the last ten years it is down 43.3%. The long-run trend across the full record is falling.
- Where does this Zambia 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+)