Account ownership at a financial institution … male in Venezuela
Venezuela: Account ownership at a financial institution … male was 86.9% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Venezuela, 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 Venezuela stood at 86.9%.
The figure is down 2.4% on the previous year and up 42.3% over ten years.
Over the whole period, account ownership at a financial institution or with a in Venezuela peaked at 89.1% in 2021 and was at its lowest, 53.1%, in 2011.
Venezuela ranks 48th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution … male in Venezuela, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 53.1% | — |
| 2014 | 61.1% | +15.2% |
| 2017 | 77.3% | +26.5% |
| 2021 | 89.1% | +15.2% |
| 2024 | 86.9% | -2.4% |
Venezuela compared with similar countries
- Venezuela's 86.9% is above the median for lower middle income countries, which is 60.3%, 1.4× the median. (22 countries reporting)
- Venezuela's 86.9% is above the median for Latin America & Caribbean, which is 65.6%, 1.3× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 63.8% | 53.1% | 77.3% | 3 |
| 2020s | 88.0% | 86.9% | 89.1% | 2 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- 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 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 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 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 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 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 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 Venezuela?
- Account ownership at a financial institution or with a in Venezuela was 86.9% 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 Venezuela?
- The highest recorded value was 89.1% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Venezuela?
- The lowest recorded value was 53.1% in 2011.
- How does Venezuela rank for account ownership at a financial institution or with a?
- Venezuela ranks 48th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Venezuela?
- Over the last ten years it is up 42.3%. The long-run trend across the full record is rising.
- Where does this Venezuela 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
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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 (male, % age 15+).