Saved at a financial institution or using a mobile money account in Low income

Low income: Saved at a financial institution or using a mobile money account was 27.6% in 2024. ◆ Volatile

Latest (2024)
27.6%
Change on year
up 67.5%
Rank
6th
of 10 groups
All-time high
27.6%
in 2024
All-time low
5.3%
in 2011
Years of data
5
2011–2024

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

510152025302011201720242011: 5.3 % age 15+2014: 8.1 % age 15+2017: 11.7 % age 15+2021: 16.4 % age 15+2024: 27.6 % age 15+

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

Analysis

Low income recorded 27.6% 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 67.5% on the previous year and up 238.4% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Low income peaked at 27.6% in 2024 and was at its lowest, 5.3%, in 2011.

Saved at a financial institution or using a mobile money account in Low income, year by year

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Low income, 2011 to 2024.
Year % age 15+ Change
2011 5.3%
2014 8.1% +53.9%
2017 11.7% +43.7%
2021 16.4% +40.6%
2024 27.6% +67.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.4% 5.3% 11.7% 3
2020s 22.0% 16.4% 27.6% 2

Countries ranked near Low income

  1. 3 Senegal 58.3% compare
  2. 4 Kenya 54.4% compare
  3. 5 Uganda 53.6% compare
  4. 6 Thailand 53.6% compare
  5. 7 Malaysia 52.5% compare
  6. 8 Zambia 50.1% compare
  7. 9 Bulgaria 47.7% compare

See the full ranking of 92 places →

More reference data data for Low income

All data for Low income →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Low income?
Saved at a financial institution or using a mobile money account in Low income was 27.6% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Low income?
The highest recorded value was 27.6% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Low income?
The lowest recorded value was 5.3% in 2011.
How does Low income rank for saved at a financial institution or using a mobile money account?
Low income ranks 6th out of 10 groups with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Low income?
Over the last ten years it is up 238.4%. The long-run trend across the full record is volatile.
Where does this Low 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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Saved at a financial institution or using a mobile money account in Low income. Statizoid, drawing on Global Findex Database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/low-income/

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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+)