Account ownership at a financial institution or with a in El Salvador
El Salvador: Account ownership at a financial institution or with a was 36.8% in 2024. ▲ Rising
Account ownership at a financial institution or with a in El Salvador, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.
Analysis
In 2024, account ownership at a financial institution or with a in El Salvador stood at 36.8%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 16.4% on the previous year and up 20.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in El Salvador peaked at 36.8% in 2024 and was at its lowest, 10.0%, in 2011.
That places El Salvador 93rd out of 106 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
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 10.0% | — |
| 2014 | 30.5% | +206.3% |
| 2017 | 23.1% | -24.2% |
| 2021 | 31.7% | +36.9% |
| 2024 | 36.8% | +16.4% |
El Salvador compared with similar countries
- El Salvador's 36.8% is below the median for upper middle income countries, which is 62.0%, 59% of the median. (37 countries reporting)
- El Salvador's 36.8% is below the median for Latin America & Caribbean, which is 57.5%, 64% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.2% | 10.0% | 30.5% | 3 |
| 2020s | 34.2% | 31.7% | 36.8% | 2 |
Countries ranked near El Salvador
- 90 Bangladesh 38.7% compare
- 91 Zimbabwe 38.2% compare
- 92 Serbia 37.9% compare
- 94 Sierra Leone 36.5% compare
- 95 Uzbekistan 35.4% compare
- 96 Guatemala 34.8% compare
More financial sector data for El Salvador
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1980)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1980)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1980)
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 36.8% 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 36.8% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in El Salvador?
- The lowest recorded value was 10.0% in 2011.
- How does El Salvador rank for account ownership at a financial institution or with a?
- El Salvador ranks 93rd out of 106 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 20.8%. 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, young adults (% of population ages 15-24). 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 (young adults, % of population ages 15-24).