Formal & Mobile Money Savings Statistics in Iraq (2026)
10.2% of adults in Iraq saved at a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Up from 2.2% in 2021 to 10.2% in 2024 (+8.1 percentage points). Iraq ranks #13 of 18 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #131 of 142 globally.
Key Statistics
- Latest value (2024)
- 10.2% (2024)
- Formal & Mobile Money Savings in Iraq as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +8.1 pp (2024)
- Up from 2.2% in 2021 to 10.2% in 2024 (+8.1 percentage points).
- Earliest value in this dataset (2011)
- 5.4% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 5.4% in 2011 to 10.2% in 2024.
- Record high (2024)
- 10.2% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Iraq.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #13 of 18 (2024)
- Iraq ranks 13 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #131 of 142 (2024)
- Iraq ranks 131 of 142 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 18.6% (2024)
- Iraq (10.2%) is below the average of 18.6% across the 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 7.2% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Iraq (2024)
- 81.5% (2024)
- 81.5% of the population in Iraq used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 46 million (2024)
- Iraq had a population of 46 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 10.2% | +8.1 pp |
| 2021 | 2.2% | +0.5 pp |
| 2017 | 1.6% | −1.9 pp |
| 2014 | 3.5% | −1.9 pp |
| 2011 | 5.4% | — |
Frequently asked questions
What share of adults in Iraq saved at a formal financial institution or using a mobile money account?
10.2% of adults in Iraq saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
Where does Iraq rank globally on formal & mobile money savings?
Iraq ranks 131 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
How recent is the formal & mobile money savings data for Iraq?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Iraq.
Where does the formal & mobile money savings data for Iraq come from?
The data comes from the World Bank Global Findex (indicator fin17a.17a1.d). The latest observation for Iraq is from 2024; the snapshot was retrieved on 2026-06-10.
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 .