Account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Account ownership at a financial institution or with a was 76.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income), 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
Latin America & Caribbean (excluding high income) recorded 76.5% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
The figure is up 5.5% on the previous year and up 30.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income) peaked at 76.5% in 2024 and was at its lowest, 50.2%, in 2011.
Account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income), year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 50.2% | — |
| 2014 | 58.7% | +17.0% |
| 2017 | 62.7% | +6.8% |
| 2021 | 72.5% | +15.6% |
| 2024 | 76.5% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 57.2% | 50.2% | 62.7% | 3 |
| 2020s | 74.5% | 72.5% | 76.5% | 2 |
Countries ranked near Latin America & Caribbean (excluding high income)
More financial sector data for Latin America & Caribbean (excluding high income)
- Net migration -462,147 (2025)
- Domestic credit to private sector by banks 47.3% (2025)
- Total reserves in months of imports 6.7 (2025)
- Monetary Sector credit to private sector 47.3% (2025)
- Broad money 73.6% (2025)
- Domestic credit to private sector 50.1% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Claims on central government, etc. 35.1% (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income)?
- Account ownership at a financial institution or with a in Latin America & Caribbean (excluding high income) was 76.5% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 76.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 50.2% in 2011.
- How does Latin America & Caribbean (excluding high income) rank for account ownership at a financial institution or with a?
- Latin America & Caribbean (excluding high income) ranks 8th out of 12 groups with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 30.2%. 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, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).