Formal & Mobile Money Savings Statistics in Mexico (2026)
As of the 2024 data, 17.3% of adults in Mexico saved at a formal financial institution or using a mobile money account, per World Bank Global Findex. Up from 13.7% in 2022 to 17.3% in 2024 (+3.7 percentage points). Mexico ranks #16 of 20 economies in Latin America & Caribbean on this measure, and #109 of 142 globally.
Key Statistics
- Latest value (2024)
- 17.3% (2024)
- Formal & Mobile Money Savings in Mexico as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2022
- +3.7 pp (2024)
- Up from 13.7% in 2022 to 17.3% in 2024 (+3.7 percentage points).
- Earliest value in this dataset (2011)
- 6.7% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 6.7% in 2011 to 17.3% in 2024.
- Record high (2024)
- 17.3% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Mexico.
- Rank in Latin America & Caribbean
- #16 of 20 (2024)
- Mexico ranks 16 of 20 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #109 of 142 (2024)
- Mexico ranks 109 of 142 countries with data globally.
- Latin America & Caribbean average
- 24.7% (2024)
- Mexico (17.3%) is below 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)
- 17.2% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Mexico (2024)
- 83.1% (2024)
- 83.1% of the population in Mexico used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 130.9 million (2024)
- Mexico had a population of 130.9 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 17.3% | +3.7 pp |
| 2022 | 13.7% | +4.4 pp |
| 2017 | 9.3% | −5.2 pp |
| 2014 | 14.5% | +7.8 pp |
| 2011 | 6.7% | — |
Frequently asked questions
What share of adults in Mexico saved at a formal financial institution or using a mobile money account?
17.3% of adults in Mexico 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 Mexico changed over time?
World Bank Global Findex data show a rise from 6.7% in 2011 to 17.3% in 2024.
How does Mexico compare with other countries in Latin America & Caribbean?
Mexico ranks 16 of 20 countries in Latin America & Caribbean with data, with 17.3% versus a regional average of 24.7% (latest values per country).
Where does Mexico rank globally on formal & mobile money savings?
Mexico ranks 109 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 .