Saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Saved at a financial institution or using a mobile money account was 28.8% in 2024. ▲ Rising
Saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income), 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Latin America & Caribbean (excluding high income) recorded 28.8% for saved at a financial institution or using a mobile money account in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 60.8% on the previous year and up 115.1% over ten years.
Over the whole period, saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income) peaked at 28.8% in 2024 and was at its lowest, 9.6%, in 2011.
Saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income), year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 9.6% | — |
| 2014 | 13.4% | +38.9% |
| 2017 | 12.2% | -9.2% |
| 2021 | 17.9% | +47.4% |
| 2024 | 28.8% | +60.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.7% | 9.6% | 13.4% | 3 |
| 2020s | 23.4% | 17.9% | 28.8% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry 9.99 million number (2019)
- School age population, one year before than official primary entry 4.89 million number (2019)
- School age population, one year before than official primary entry 5.10 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- School life expectancy, primary, female 6.12 years (2019)
- Share of all students in secondary education enrolled in general 87.4% (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income)?
- Saved at a financial institution or using a mobile money account in Latin America & Caribbean (excluding high income) was 28.8% in 2024, according to Global Findex Database.
- What is the highest saved at a financial institution or using a mobile money account recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 28.8% in 2024.
- What is the lowest saved at a financial institution or using a mobile money account recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 9.6% in 2011.
- How does Latin America & Caribbean (excluding high income) rank for saved at a financial institution or using a mobile money account?
- Latin America & Caribbean (excluding high income) ranks 5th out of 10 groups with data for 2024.
- Is saved at a financial institution or using a mobile money account rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 115.1%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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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About this data
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+)