Account ownership at a financial institution or with a in El Salvador
El Salvador: Account ownership at a financial institution or with a was 24.7% 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
The most recent figure for account ownership at a financial institution or with a in El Salvador is 24.7%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 7.1% on the previous year and up 12.7% over ten years.
Over the whole period, account ownership at a financial institution or with a in El Salvador peaked at 24.7% in 2024 and was at its lowest, 5.1%, in 2011.
El Salvador ranks 98th of 102 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 | 5.1% | — |
| 2014 | 21.9% | +329.7% |
| 2017 | 19.3% | -12.1% |
| 2021 | 23.1% | +19.7% |
| 2024 | 24.7% | +7.1% |
El Salvador compared with similar countries
- El Salvador's 24.7% is below the median for upper middle income countries, which is 64.0%, 39% of the median. (37 countries reporting)
- El Salvador's 24.7% is below the median for Latin America & Caribbean, which is 45.6%, 54% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.4% | 5.1% | 21.9% | 3 |
| 2020s | 23.9% | 23.1% | 24.7% | 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 24.7% 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 24.7% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in El Salvador?
- The lowest recorded value was 5.1% in 2011.
- How does El Salvador rank for account ownership at a financial institution or with a?
- El Salvador ranks 98th out of 102 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 12.7%. 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, poorest 40% (% 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 (poorest 40%, share of population ages 15+).