Account ownership at a financial institution or with a in El Salvador

El Salvador: Account ownership at a financial institution or with a was 56.8% in 2024. ▲ Rising

Latest (2024)
56.8%
Change on year
up 12.1%
World rank
95th
of 105 countries
All-time high
56.8%
in 2024
All-time low
23.0%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in El Salvador, 2011–2024

02040602011201720242011: 23 % of population ages 15+2014: 52.2 % of population ages 15+2017: 39.8 % of population ages 15+2021: 50.7 % of population ages 15+2024: 56.8 % of population ages 15+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.

Analysis

El Salvador recorded 56.8% 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 12.1% on the previous year and up 8.8% over ten years.

Over the whole period, account ownership at a financial institution or with a in El Salvador peaked at 56.8% in 2024 and was at its lowest, 23.0%, in 2011.

That places El Salvador 95th out of 105 countries with data for 2024, putting it in the bottom quarter.

Account ownership at a financial institution or with a in El Salvador, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, secondary education or more (% of population ages 15+) in El Salvador, 2011 to 2024.
Year % of population ages 15+ Change
2011 23.0%
2014 52.2% +127.2%
2017 39.8% -23.7%
2021 50.7% +27.2%
2024 56.8% +12.1%

El Salvador compared with similar countries

  • El Salvador's 56.8% is below the median for upper middle income countries, which is 75.2%, 76% of the median. (37 countries reporting)
  • El Salvador's 56.8% is below the median for Latin America & Caribbean, which is 70.4%, 81% of the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.3% 23.0% 52.2% 3
2020s 53.7% 50.7% 56.8% 2

Countries ranked near El Salvador

  1. 92 Azerbaijan 58.6% compare
  2. 93 Philippines 57.9% compare
  3. 94 Republic of Moldova 57.0% compare
  4. 96 Bangladesh 50.3% compare
  5. 97 Guatemala 50.1% compare
  6. 98 Jordan 48.4% compare

See the full ranking of 117 places →

More financial sector data for El Salvador

All data for El Salvador →

Frequently asked questions

What is account ownership at a financial institution or with a in El Salvador?
Account ownership at a financial institution or with a in El Salvador was 56.8% 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 El Salvador?
The highest recorded value was 56.8% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in El Salvador?
The lowest recorded value was 23.0% in 2011.
How does El Salvador rank for account ownership at a financial institution or with a?
El Salvador ranks 95th out of 105 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in El Salvador?
Over the last ten years it is up 8.8%. The long-run trend across the full record is rising.
Where does this El Salvador 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, secondary education or more (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in El Salvador. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-6/el-salvador/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, secondary education or more (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 585 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 (secondary education or more, % of population ages 15+).