Account ownership at a financial institution or with a in Saudi Arabia

Saudi Arabia: Account ownership at a financial institution or with a was 82.3% in 2024. ▲ Rising

Latest (2024)
82.3%
Change on year
up 9.3%
World rank
54th
of 106 countries
All-time high
82.3%
in 2024
All-time low
56.8%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Saudi Arabia, 2011–2024

0204060802011201720242011: 56.8 % of population ages 25+2014: 70.9 % of population ages 25+2017: 76 % of population ages 25+2021: 75.3 % of population ages 25+2024: 82.3 % of population ages 25+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.

Analysis

Saudi Arabia recorded 82.3% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.

That represents a change of up 9.3% on the previous year and up 16.1% over ten years.

Over the whole period, account ownership at a financial institution or with a in Saudi Arabia peaked at 82.3% in 2024 and was at its lowest, 56.8%, in 2011.

Saudi Arabia ranks 54th 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

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+) in Saudi Arabia, 2011 to 2024.
Year % of population ages 25+ Change
2011 56.8%
2014 70.9% +24.7%
2017 76.0% +7.2%
2021 75.3% -0.9%
2024 82.3% +9.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 67.9% 56.8% 76.0% 3
2020s 78.8% 75.3% 82.3% 2

Countries ranked near Saudi Arabia

  1. 51 Bulgaria 85.3% compare
  2. 52 Chile 85.0% compare
  3. 53 Sri Lanka 83.4% compare
  4. 55 Ghana 81.8% compare
  5. 56 Argentina 81.1% compare
  6. 57 Bosnia and Herzegovina 81.0% compare

See the full ranking of 118 places →

More financial sector data for Saudi Arabia

All data for Saudi Arabia →

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 82.3% 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 82.3% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Saudi Arabia?
The lowest recorded value was 56.8% in 2011.
How does Saudi Arabia rank for account ownership at a financial institution or with a?
Saudi Arabia ranks 54th 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 16.1%. 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, older adults (% of population ages 25+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Saudi Arabia. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-4/saudi-arabia/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+)
Unit
% of population ages 25+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

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 (older adults, % of population ages 25+).