Saved at a financial institution or using a mobile money account in Saudi Arabia

Saudi Arabia: Saved at a financial institution or using a mobile money account was 41.7% in 2024. ▲ Rising

Latest (2024)
41.7%
Change on year
up 17.5%
World rank
14th
of 82 countries
All-time high
41.7%
in 2024
All-time low
14.3%
in 2017
Years of data
5
2011–2024

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

102030402011201720242011: 17.2 % age 15+2014: 15.5 % age 15+2017: 14.3 % age 15+2021: 35.5 % age 15+2024: 41.7 % age 15+

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

Analysis

Saudi Arabia recorded 41.7% 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 17.5% on the previous year and up 168.5% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Saudi Arabia peaked at 41.7% in 2024 and was at its lowest, 14.3%, in 2017.

Saudi Arabia ranks 14th of 82 countries on this measure, in the top quarter.

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

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Saudi Arabia, 2011 to 2024.
Year % age 15+ Change
2011 17.2%
2014 15.5% -9.9%
2017 14.3% -7.8%
2021 35.5% +147.9%
2024 41.7% +17.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.7% 14.3% 17.2% 3
2020s 38.6% 35.5% 41.7% 2

Countries ranked near Saudi Arabia

  1. 11 Croatia 45.8% compare
  2. 12 Viet Nam 44.5% compare
  3. 13 Nigeria 43.4% compare
  4. 15 Botswana 40.1% compare
  5. 16 Gabon 39.1% compare
  6. 17 Brazil 38.6% compare

See the full ranking of 92 places →

More reference data data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Saudi Arabia?
Saved at a financial institution or using a mobile money account in Saudi Arabia was 41.7% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Saudi Arabia?
The highest recorded value was 41.7% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Saudi Arabia?
The lowest recorded value was 14.3% in 2017.
How does Saudi Arabia rank for saved at a financial institution or using a mobile money account?
Saudi Arabia ranks 14th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Saudi Arabia?
Over the last ten years it is up 168.5%. The long-run trend across the full record is rising.
Where does this Saudi Arabia 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 Saudi Arabia. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/saudi-arabia/

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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+)