Saudi Arabia Bank Account Ownership Rate 2024: 78.84 %
Saudi Arabia's bank account ownership rate in 2024 is 78.84 %, up 6.1% from 2021. It ranks #61 of 139 countries.
Bank account ownership rate indicates financial inclusion levels among adults globally, highlighting economic access.
Source (2024): Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data
Bank Account Ownership Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 78.84 % | +4.52 % | +6.08% | |
| 2021 | 74.32 % | +2.62 % | +3.66% | |
| 2017 | 71.7 % | +2.29 % | +3.30% | |
| 2014 | 69.41 % | +22.99 % | +49.52% | |
| 2011 | 46.42 % | — | — |
Frequently Asked Questions About Saudi Arabia Bank Account Ownership Rate
What is Saudi Arabia's bank account ownership rate in 2024?▾
Saudi Arabia's bank account ownership rate is 78.84 % in 2024, according to Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data.
Is Saudi Arabia's bank account ownership rate increasing or decreasing?▾
Saudi Arabia's bank account ownership rate rose by 6.1% from 2021 (74.32 %) to 2024 (78.84 %). Over the past decade (2014–2024) it rose by 13.6%.
How does Saudi Arabia rank for bank account ownership rate?▾
In 2024, Saudi Arabia has the 61st highest bank account ownership rate out of 139 countries with data.
What was Saudi Arabia's bank account ownership rate in 2011?▾
In 2011, Saudi Arabia's bank account ownership rate was 46.42 %. By 2024 it rose by 69.8%.
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