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

Ecuador: Saved at a financial institution or using a mobile money account was 22.3% in 2024. ▲ Rising

Latest (2024)
22.3%
Change on year
up 70.5%
World rank
50th
of 82 countries
All-time high
22.3%
in 2024
All-time low
12.2%
in 2017
Years of data
5
2011–2024

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

051015202011201720242011: 14.5 % age 15+2014: 14.3 % age 15+2017: 12.2 % age 15+2021: 13.1 % age 15+2024: 22.3 % age 15+

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

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Ecuador is 22.3%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 70.5% on the previous year and up 56.6% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Ecuador peaked at 22.3% in 2024 and was at its lowest, 12.2%, in 2017.

Ecuador ranks 50th of 82 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.7% 12.2% 14.5% 3
2020s 17.7% 13.1% 22.3% 2

Countries ranked near Ecuador

  1. 47 Guinea 23.3% compare
  2. 48 Venezuela, Bolivarian Republic of 23.2% compare
  3. 49 Sri Lanka 23.2% compare
  4. 51 Sierra Leone 22.0% compare
  5. 52 Nepal 20.8% compare
  6. 53 Ukraine 20.7% compare

See the full ranking of 92 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Ecuador?
Saved at a financial institution or using a mobile money account in Ecuador was 22.3% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Ecuador?
The highest recorded value was 22.3% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Ecuador?
The lowest recorded value was 12.2% in 2017.
How does Ecuador rank for saved at a financial institution or using a mobile money account?
Ecuador ranks 50th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Ecuador?
Over the last ten years it is up 56.6%. The long-run trend across the full record is rising.
Where does this Ecuador 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 Ecuador. Statizoid, drawing on Global Findex Database. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/ecuador/

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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+)