Account ownership at a financial institution or with a in Nicaragua
Nicaragua: Account ownership at a financial institution or with a was 28.3% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Nicaragua, 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 Nicaragua stood at 28.3%.
That represents a change of down 4.1% on the previous year and up 154.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Nicaragua peaked at 29.6% in 2021 and was at its lowest, 8.3%, in 2011.
That places Nicaragua 101st out of 106 countries with data for 2024, putting it in the bottom quarter.
Account ownership at a financial institution or with a in Nicaragua, year by year
| Year | % of population ages 15-24 | Change |
|---|---|---|
| 2011 | 8.3% | — |
| 2014 | 11.1% | +34.6% |
| 2017 | 26.7% | +140.1% |
| 2021 | 29.6% | +10.6% |
| 2024 | 28.3% | -4.1% |
Nicaragua compared with similar countries
- Nicaragua's 28.3% is below the median for lower middle income countries, which is 43.2%, 66% of the median. (22 countries reporting)
- Nicaragua's 28.3% is below the median for Latin America & Caribbean, which is 57.5%, 49% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.4% | 8.3% | 26.7% | 3 |
| 2020s | 29.0% | 28.3% | 29.6% | 2 |
Countries ranked near Nicaragua
More financial sector data for Nicaragua
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Nicaragua?
- Account ownership at a financial institution or with a in Nicaragua was 28.3% 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 Nicaragua?
- The highest recorded value was 29.6% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Nicaragua?
- The lowest recorded value was 8.3% in 2011.
- How does Nicaragua rank for account ownership at a financial institution or with a?
- Nicaragua ranks 101st out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Nicaragua?
- Over the last ten years it is up 154.6%. The long-run trend across the full record is rising.
- Where does this Nicaragua 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).