Formal & Mobile Money Savings Statistics in China (2026)
66.5% of adults in China saved at a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Up from 44.7% in 2021 to 66.5% in 2024 (+21.8 percentage points). China ranks #3 of 16 economies in East Asia & Pacific on this measure, and #9 of 142 globally.
Key Statistics
- Latest value (2024)
- 66.5% (2024)
- Formal & Mobile Money Savings in China as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +21.8 pp (2024)
- Up from 44.7% in 2021 to 66.5% in 2024 (+21.8 percentage points).
- Earliest value in this dataset (2011)
- 32.1% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 32.1% in 2011 to 66.5% in 2024.
- Record high (2024)
- 66.5% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for China.
- Rank in East Asia & Pacific
- #3 of 16 (2024)
- China ranks 3 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #9 of 142 (2024)
- China ranks 9 of 142 countries with data globally.
- East Asia & Pacific average
- 45.4% (2024)
- China (66.5%) is above the average of 45.4% across the 16 countries in East Asia & Pacific with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 66.5% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in China (2025)
- 91.6% (2025)
- 91.6% of the population in China used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 1.4 billion (2024)
- China had a population of 1.4 billion in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 66.5% | +21.8 pp |
| 2021 | 44.7% | +10.9 pp |
| 2017 | 33.8% | −7.3 pp |
| 2014 | 41.1% | +9.0 pp |
| 2011 | 32.1% | — |
Frequently asked questions
What share of adults in China saved at a formal financial institution or using a mobile money account?
66.5% of adults in China saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How has formal & mobile money savings in China changed over time?
World Bank Global Findex data show a rise from 32.1% in 2011 to 66.5% in 2024.
How does China compare with other countries in East Asia & Pacific?
China ranks 3 of 16 countries in East Asia & Pacific with data, with 66.5% versus a regional average of 45.4% (latest values per country).
Where does China rank globally on formal & mobile money savings?
China ranks 9 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 .