Formal & Mobile Money Borrowing Statistics in Spain (2026)
As of the 2021 data, 51.9% of adults in Spain borrowed from a formal financial institution or using a mobile money account, per World Bank Global Findex. Up from 50.2% in 2017 to 51.9% in 2021 (+1.7 percentage points). Spain ranks #11 of 46 economies in Europe & Central Asia on this measure, and #19 of 142 globally.
Key Statistics
- Latest value (2021)
- 51.9% (2021)
- Formal & Mobile Money Borrowing in Spain as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +1.7 pp (2021)
- Up from 50.2% in 2017 to 51.9% in 2021 (+1.7 percentage points).
- Earliest value in this dataset (2014)
- 50.6% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 50.6% in 2014 to 51.9% in 2021.
- Record high (2021)
- 51.9% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Spain.
- Rank in Europe & Central Asia
- #11 of 46 (2021)
- Spain ranks 11 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #19 of 142 (2021)
- Spain ranks 19 of 142 countries with data globally.
- Europe & Central Asia average
- 33.4% (2021)
- Spain (51.9%) is above the average of 33.4% across the 46 countries in Europe & Central Asia with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2021)
- 51.9% (2021)
- Related indicator from World Bank Global Findex.
- Internet use in Spain (2024)
- 95.8% (2024)
- 95.8% of the population in Spain used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 48.8 million (2024)
- Spain had a population of 48.8 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 51.9% | +1.7 pp |
| 2017 | 50.2% | −0.5 pp |
| 2014 | 50.6% | — |
Frequently asked questions
What share of adults in Spain borrowed from a formal financial institution or using a mobile money account?
51.9% of adults in Spain borrowed from a formal financial institution or using a mobile money account in 2021, according to World Bank Global Findex data.
How does Spain compare with other countries in Europe & Central Asia?
Spain ranks 11 of 46 countries in Europe & Central Asia with data, with 51.9% versus a regional average of 33.4% (latest values per country).
Where does Spain rank globally on formal & mobile money borrowing?
Spain ranks 19 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 borrowing data for Spain?
The most recent observation is from 2021. World Bank Global Findex data is reported with a lag, so 2021 is the latest available year for Spain.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.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 .