Saved at a financial institution or using a mobile money account in Benin

Benin: Saved at a financial institution or using a mobile money account was 23.4% in 2024. ◆ Volatile

Latest (2024)
23.4%
Change on year
up 84.6%
World rank
46th
of 82 countries
All-time high
23.4%
in 2024
All-time low
7.0%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Benin, 2011–2024

5101520252011201720242011: 7 % age 15+2014: 7.1 % age 15+2017: 9.8 % age 15+2021: 12.7 % age 15+2024: 23.4 % age 15+

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

Analysis

In 2024, saved at a financial institution or using a mobile money account in Benin stood at 23.4%. That is the highest value across all 5 years on record.

That represents a change of up 84.6% on the previous year and up 227.1% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Benin peaked at 23.4% in 2024 and was at its lowest, 7.0%, in 2011.

That places Benin 46th out of 82 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.0% 7.0% 9.8% 3
2020s 18.0% 12.7% 23.4% 2

Countries ranked near Benin

  1. 43 Colombia 25.0% compare
  2. 44 Bosnia and Herzegovina 24.1% compare
  3. 45 Philippines 23.9% compare
  4. 47 Guinea 23.3% compare
  5. 48 Venezuela, Bolivarian Republic of 23.2% compare
  6. 49 Sri Lanka 23.2% compare

See the full ranking of 92 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Benin?
Saved at a financial institution or using a mobile money account in Benin was 23.4% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Benin?
The highest recorded value was 23.4% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Benin?
The lowest recorded value was 7.0% in 2011.
How does Benin rank for saved at a financial institution or using a mobile money account?
Benin ranks 46th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Benin?
Over the last ten years it is up 227.1%. The long-run trend across the full record is volatile.
Where does this Benin data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Benin. Statizoid, drawing on Global Findex Database. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/benin/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 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 or using a mobile money account to save in the past year, (% age 15+)