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

Malaysia: Saved at a financial institution or using a mobile money account was 52.5% in 2024. ▲ Rising

Latest (2024)
52.5%
Change on year
up 6.9%
World rank
7th
of 82 countries
All-time high
52.5%
in 2024
All-time low
33.8%
in 2014
Years of data
5
2011–2024

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

02040602011201720242011: 35.4 % age 15+2014: 33.8 % age 15+2017: 37.8 % age 15+2021: 49.1 % age 15+2024: 52.5 % age 15+

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

Analysis

Malaysia recorded 52.5% 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.

That represents a change of up 6.9% on the previous year and up 55.5% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Malaysia peaked at 52.5% in 2024 and was at its lowest, 33.8%, in 2014.

Malaysia ranks 7th of 82 countries on this measure, in the top 10%.

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

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Malaysia, 2011 to 2024.
Year % age 15+ Change
2011 35.4%
2014 33.8% -4.6%
2017 37.8% +11.8%
2021 49.1% +30.0%
2024 52.5% +6.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.6% 33.8% 37.8% 3
2020s 50.8% 49.1% 52.5% 2

Countries ranked near Malaysia

  1. 4 Kenya 54.4% compare
  2. 5 Uganda 53.6% compare
  3. 6 Thailand 53.6% compare
  4. 8 Zambia 50.1% compare
  5. 9 Bulgaria 47.7% compare
  6. 10 Poland 45.8% compare

See the full ranking of 92 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Malaysia?
Saved at a financial institution or using a mobile money account in Malaysia was 52.5% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Malaysia?
The highest recorded value was 52.5% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Malaysia?
The lowest recorded value was 33.8% in 2014.
How does Malaysia rank for saved at a financial institution or using a mobile money account?
Malaysia ranks 7th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Malaysia?
Over the last ten years it is up 55.5%. The long-run trend across the full record is rising.
Where does this Malaysia 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 Malaysia. Statizoid, drawing on Global Findex Database. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/malaysia/

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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+)