Account ownership at a financial institution or with a in El Salvador
El Salvador: Account ownership at a financial institution or with a was 43.4% 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+.
Analysis
The most recent figure for account ownership at a financial institution or with a in El Salvador is 43.4%, measured in 2024. That is the highest value across all 5 years on record.
That represents a change of up 21.1% on the previous year and up 18.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in El Salvador peaked at 43.4% in 2024 and was at its lowest, 13.8%, in 2011.
El Salvador ranks 99th of 117 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in El Salvador, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 13.8% | — |
| 2014 | 36.7% | +166.8% |
| 2017 | 30.4% | -17.3% |
| 2021 | 35.8% | +18.1% |
| 2024 | 43.4% | +21.1% |
El Salvador compared with similar countries
- El Salvador's 43.4% is below the median for upper middle income countries, which is 70.6%, 62% of the median. (37 countries reporting)
- El Salvador's 43.4% is below the median for Latin America & Caribbean, which is 64.1%, 68% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.9% | 13.8% | 36.7% | 3 |
| 2020s | 39.6% | 35.8% | 43.4% | 2 |
Countries ranked near El Salvador
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 43.4% 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 43.4% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in El Salvador?
- The lowest recorded value was 13.8% in 2011.
- How does El Salvador rank for account ownership at a financial institution or with a?
- El Salvador ranks 99th out of 117 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 18.2%. 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 (% 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 (% age 15+).