Formal & Mobile Money Savings Statistics in Brazil (2026)
In 2024, 38.6% of adults in Brazil saved at a formal financial institution or using a mobile money account, according to World Bank Global Findex data. Up from 25.4% in 2021 to 38.6% in 2024 (+13.3 percentage points). Brazil ranks #1 of 20 economies in Latin America & Caribbean on this measure, and #50 of 142 globally.
Key Statistics
- Latest value (2024)
- 38.6% (2024)
- Formal & Mobile Money Savings in Brazil as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +13.3 pp (2024)
- Up from 25.4% in 2021 to 38.6% in 2024 (+13.3 percentage points).
- Earliest value in this dataset (2011)
- 10.3% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 10.3% in 2011 to 38.6% in 2024.
- Record high (2024)
- 38.6% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Brazil.
- Rank in Latin America & Caribbean
- #1 of 20 (2024)
- Brazil ranks 1 of 20 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #50 of 142 (2024)
- Brazil ranks 50 of 142 countries with data globally.
- Latin America & Caribbean average
- 24.7% (2024)
- Brazil (38.6%) is above the average of 24.7% across the 20 countries in Latin America & Caribbean with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 34.2% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Brazil (2024)
- 84.5% (2024)
- 84.5% of the population in Brazil used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 212 million (2024)
- Brazil had a population of 212 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 38.6% | +13.3 pp |
| 2021 | 25.4% | +10.9 pp |
| 2017 | 14.5% | +2.2 pp |
| 2014 | 12.3% | +2.0 pp |
| 2011 | 10.3% | — |
Frequently asked questions
What share of adults in Brazil saved at a formal financial institution or using a mobile money account?
38.6% of adults in Brazil saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
Where does the formal & mobile money savings data for Brazil come from?
The data comes from the World Bank Global Findex (indicator fin17a.17a1.d). The latest observation for Brazil is from 2024; the snapshot was retrieved on 2026-06-10.
How has formal & mobile money savings in Brazil changed over time?
World Bank Global Findex data show a rise from 10.3% in 2011 to 38.6% in 2024.
How does Brazil compare with other countries in Latin America & Caribbean?
Brazil ranks 1 of 20 countries in Latin America & Caribbean with data, with 38.6% versus a regional average of 24.7% (latest values per country).
Where does Brazil rank globally on formal & mobile money savings?
Brazil ranks 50 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a.17a1.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .