Account ownership at a financial institution or with a in El Salvador
El Salvador: Account ownership at a financial institution or with a was 54.7% 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
In 2024, account ownership at a financial institution or with a in El Salvador stood at 54.7%. That is the highest value across all 5 years on record.
That represents a change of up 22.1% on the previous year and up 30.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in El Salvador peaked at 54.7% in 2024 and was at its lowest, 17.6%, in 2011.
El Salvador ranks 91st of 106 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 | 17.6% | — |
| 2014 | 41.9% | +137.7% |
| 2017 | 37.6% | -10.3% |
| 2021 | 44.8% | +19.2% |
| 2024 | 54.7% | +22.1% |
El Salvador compared with similar countries
- El Salvador's 54.7% is below the median for upper middle income countries, which is 72.4%, 76% of the median. (37 countries reporting)
- El Salvador's 54.7% is below the median for Latin America & Caribbean, which is 65.6%, 83% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.4% | 17.6% | 41.9% | 3 |
| 2020s | 49.7% | 44.8% | 54.7% | 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 54.7% 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 54.7% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in El Salvador?
- The lowest recorded value was 17.6% in 2011.
- How does El Salvador rank for account ownership at a financial institution or with a?
- El Salvador ranks 91st 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 30.6%. 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, male (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (male, % age 15+).