Formal & Mobile Money Savings Statistics in Zimbabwe (2026)
13.7% of adults in Zimbabwe saved at a formal financial institution or using a mobile money account in 2024, World Bank Global Findex data show. Up from 12% in 2021 to 13.7% in 2024 (+1.7 percentage points). Zimbabwe ranks #33 of 36 economies in Sub-Saharan Africa on this measure, and #120 of 142 globally.
Key Statistics
- Latest value (2024)
- 13.7% (2024)
- Formal & Mobile Money Savings in Zimbabwe as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +1.7 pp (2024)
- Up from 12% in 2021 to 13.7% in 2024 (+1.7 percentage points).
- Earliest value in this dataset (2011)
- 17.3% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 17.3% in 2011 to 13.7% in 2024.
- Peak value (2011)
- 17.3% (2011)
- Highest value in the available series; the 2024 value is 13.7%.
- Rank in Sub-Saharan Africa
- #33 of 36 (2024)
- Zimbabwe ranks 33 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #120 of 142 (2024)
- Zimbabwe ranks 120 of 142 countries with data globally.
- Sub-Saharan Africa average
- 30.8% (2024)
- Zimbabwe (13.7%) is below the average of 30.8% across the 36 countries in Sub-Saharan Africa with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 3.3% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Zimbabwe (2024)
- 41.6% (2024)
- 41.6% of the population in Zimbabwe used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 16.6 million (2024)
- Zimbabwe had a population of 16.6 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 13.7% | +1.7 pp |
| 2021 | 12% | +6.7 pp |
| 2017 | 5.3% | +0.1 pp |
| 2014 | 5.2% | −12.1 pp |
| 2011 | 17.3% | — |
Frequently asked questions
What share of adults in Zimbabwe saved at a formal financial institution or using a mobile money account?
13.7% of adults in Zimbabwe 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 Zimbabwe changed over time?
World Bank Global Findex data show a decline from 17.3% in 2011 to 13.7% in 2024.
How does Zimbabwe compare with other countries in Sub-Saharan Africa?
Zimbabwe ranks 33 of 36 countries in Sub-Saharan Africa with data, with 13.7% versus a regional average of 30.8% (latest values per country).
Where does Zimbabwe rank globally on formal & mobile money savings?
Zimbabwe ranks 120 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 .