Formal & Mobile Money Savings Statistics in Laos (2026)

16% of adults in Laos saved at a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Down from 17.2% in 2021 to 16% in 2024 (−1.2 percentage points). Laos ranks #14 of 16 economies in East Asia & Pacific on this measure, and #113 of 142 globally.

Latest value (2024)
16% (2024)
Formal & Mobile Money Savings in Laos as of 2024, the most recent observation in World Bank Global Findex data.
Change since 2021
−1.2 pp (2024)
Down from 17.2% in 2021 to 16% in 2024 (−1.2 percentage points).
Earliest value in this dataset (2011)
19.4% (2011)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 19.4% in 2011 to 16% in 2024.
Peak value (2011)
19.4% (2011)
Highest value in the available series; the 2024 value is 16%.
Rank in East Asia & Pacific
#14 of 16 (2024)
Laos ranks 14 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
Global rank
#113 of 142 (2024)
Laos ranks 113 of 142 countries with data globally.
East Asia & Pacific average
45.4% (2024)
Laos (16%) is below 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)
14.9% (2024)
Related indicator from World Bank Global Findex.
Internet use in Laos (2024)
65.6% (2024)
65.6% of the population in Laos used the internet in 2024 (World Bank); shown for context only.
Population (2024)
7.8 million (2024)
Laos had a population of 7.8 million in 2024 (World Bank); shown for scale only.
Formal & Mobile Money Savings in Laos by year (% of adults (age 15+))
Year % of adults (age 15+) Change
2024 16%−1.2 pp
2021 17.2%−0.8 pp
2017 18%−1.3 pp
2011 19.4%
Formal & Mobile Money Savings in Laos, 2011–2024Line chart of 4 observations from 2011 to 2024. Values range from 16% to 19.4%; the series starts at 19.4% in 2011 and ends at 16% in 2024.15%16%17%18%19%20%201120152020202419.4%16%
Fig. 1 — Formal & Mobile Money Savings in Laos, 2011–2024

Frequently asked questions

What share of adults in Laos saved at a formal financial institution or using a mobile money account?

16% of adults in Laos 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 Laos changed over time?

World Bank Global Findex data show a decline from 19.4% in 2011 to 16% in 2024.

How does Laos compare with other countries in East Asia & Pacific?

Laos ranks 14 of 16 countries in East Asia & Pacific with data, with 16% versus a regional average of 45.4% (latest values per country).

Where does Laos rank globally on formal & mobile money savings?

Laos ranks 113 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.

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 .