Account ownership at a financial institution or with a in Saudi Arabia
Saudi Arabia: Account ownership at a financial institution or with a was 73.5% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Saudi Arabia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Saudi Arabia stood at 73.5%. That is the highest value across all 5 years on record.
That represents a change of up 15.7% on the previous year and up 20.1% over ten years.
Over the whole period, account ownership at a financial institution or with a in Saudi Arabia peaked at 73.5% in 2024 and was at its lowest, 15.2%, in 2011.
Saudi Arabia ranks 58th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Saudi Arabia, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 15.2% | — |
| 2014 | 61.1% | +301.4% |
| 2017 | 58.2% | -4.9% |
| 2021 | 63.5% | +9.1% |
| 2024 | 73.5% | +15.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 44.9% | 15.2% | 61.1% | 3 |
| 2020s | 68.5% | 63.5% | 73.5% | 2 |
Countries ranked near Saudi Arabia
- 55 Russian Federation 77.3% compare
- 56 North Macedonia 77.2% compare
- 57 Bosnia and Herzegovina 75.7% compare
- 59 Uruguay 73.3% compare
- 60 Türkiye 71.7% compare
- 61 Zambia 70.2% compare
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Saudi Arabia?
- Account ownership at a financial institution or with a in Saudi Arabia was 73.5% 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 Saudi Arabia?
- The highest recorded value was 73.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Saudi Arabia?
- The lowest recorded value was 15.2% in 2011.
- How does Saudi Arabia rank for account ownership at a financial institution or with a?
- Saudi Arabia ranks 58th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Saudi Arabia?
- Over the last ten years it is up 20.1%. 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, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, female (% 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 (female, % age 15+).