Account ownership at a financial institution or with a in Saudi Arabia
Saudi Arabia: Account ownership at a financial institution or with a was 81.8% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Saudi Arabia, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
Saudi Arabia recorded 81.8% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 8.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Saudi Arabia peaked at 81.8% in 2024 and was at its lowest, 72.7%, in 2011.
That places Saudi Arabia 54th out of 106 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Saudi Arabia, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 72.7% | — |
| 2014 | 75.3% | +3.6% |
| 2017 | 80.5% | +6.9% |
| 2021 | 81.7% | +1.4% |
| 2024 | 81.8% | +0.2% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 81.8% is below the median for high income countries, which is 97.0%, 84% of the median. (42 countries reporting)
- Saudi Arabia's 81.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 53.9%, 1.5× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 76.2% | 72.7% | 80.5% | 3 |
| 2020s | 81.7% | 81.7% | 81.8% | 2 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Saudi Arabia?
- Account ownership at a financial institution or with a in Saudi Arabia was 81.8% 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 Saudi Arabia?
- The highest recorded value was 81.8% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Saudi Arabia?
- The lowest recorded value was 72.7% in 2011.
- How does Saudi Arabia rank for account ownership at a financial institution or with a?
- Saudi Arabia ranks 54th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Saudi Arabia?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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+).