Account ownership at a financial institution … poorest in Venezuela
Venezuela: Account ownership at a financial institution … poorest was 84.4% 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
Venezuela recorded 84.4% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
The figure is up 8.0% on the previous year and up 75.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Venezuela peaked at 84.4% in 2024 and was at its lowest, 30.7%, in 2011.
That places Venezuela 33rd out of 102 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution … poorest in Venezuela, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 30.7% | — |
| 2014 | 48.0% | +56.2% |
| 2017 | 60.2% | +25.3% |
| 2021 | 78.2% | +29.9% |
| 2024 | 84.4% | +8.0% |
Venezuela compared with similar countries
- Venezuela's 84.4% is above the median for lower middle income countries, which is 44.9%, 1.9× the median. (21 countries reporting)
- Venezuela's 84.4% is above the median for Latin America & Caribbean, which is 45.6%, 1.9× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 46.3% | 30.7% | 60.2% | 3 |
| 2020s | 81.3% | 78.2% | 84.4% | 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 84.4% 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 Venezuela?
- The highest recorded value was 84.4% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Venezuela?
- The lowest recorded value was 30.7% in 2011.
- How does Venezuela rank for account ownership at a financial institution or with a?
- Venezuela ranks 33rd out of 102 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 75.8%. 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, poorest 40% (% 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 (poorest 40%, share of population ages 15+).