Saved at a financial institution or using a mobile money account in Burkina Faso

Burkina Faso: Saved at a financial institution or using a mobile money account was 32.9% in 2024. ◆ Volatile

Latest (2024)
32.9%
Change on year
up 106.8%
World rank
23rd
of 82 countries
All-time high
32.9%
in 2024
All-time low
7.9%
in 2011
Years of data
5
2011–2024

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

1020302011201720242011: 7.9 % age 15+2014: 8.7 % age 15+2017: 12.1 % age 15+2021: 15.9 % age 15+2024: 32.9 % 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 Burkina Faso stood at 32.9%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 106.8% on the previous year and up 280.4% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Burkina Faso peaked at 32.9% in 2024 and was at its lowest, 7.9%, in 2011.

That places Burkina Faso 23rd out of 82 countries with data for 2024, putting it in the middle of the range.

Saved at a financial institution or using a mobile money account in Burkina Faso, year by year

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Burkina Faso, 2011 to 2024.
Year % age 15+ Change
2011 7.9%
2014 8.7% +9.4%
2017 12.1% +39.4%
2021 15.9% +31.9%
2024 32.9% +106.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.5% 7.9% 12.1% 3
2020s 24.4% 15.9% 32.9% 2

Countries ranked near Burkina Faso

  1. 20 South Africa 35.8% compare
  2. 21 Argentina 35.8% compare
  3. 22 Costa Rica 34.9% compare
  4. 24 Panama 32.9% compare
  5. 25 North Macedonia 32.4% compare
  6. 26 Togo 32.1% compare

See the full ranking of 92 places →

More reference data data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Burkina Faso?
Saved at a financial institution or using a mobile money account in Burkina Faso was 32.9% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Burkina Faso?
The highest recorded value was 32.9% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Burkina Faso?
The lowest recorded value was 7.9% in 2011.
How does Burkina Faso rank for saved at a financial institution or using a mobile money account?
Burkina Faso ranks 23rd out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Burkina Faso?
Over the last ten years it is up 280.4%. The long-run trend across the full record is volatile.
Where does this Burkina Faso 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 Burkina Faso. Statizoid, drawing on Global Findex Database. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/burkina-faso/

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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+)