Saved at a financial institution or using a mobile money account in China

China: Saved at a financial institution or using a mobile money account was 66.5% in 2024. ▲ Rising

Latest (2024)
66.5%
Change on year
up 48.8%
World rank
2nd
of 80 countries
All-time high
66.5%
in 2024
All-time low
32.1%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in China, 2011–2024

02040602011201720242011: 32.1 % age 15+2014: 41.1 % age 15+2017: 33.8 % age 15+2021: 44.7 % age 15+2024: 66.5 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, saved at a financial institution or using a mobile money account in China stood at 66.5%. That is the highest value across all 5 years on record.

That represents a change of up 48.8% on the previous year and up 61.8% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in China peaked at 66.5% in 2024 and was at its lowest, 32.1%, in 2011.

That places China 2nd out of 80 countries with data for 2024, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.7% 32.1% 41.1% 3
2020s 55.6% 44.7% 66.5% 2

Countries ranked near China

  1. 1 Ghana 67.2% compare
  2. 3 Senegal 58.3% compare
  3. 4 Kenya 54.4% compare
  4. 5 Uganda 53.6% compare

See the full ranking of 91 places →

More reference data data for China

All data for China →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in China?
Saved at a financial institution or using a mobile money account in China was 66.5% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in China?
The highest recorded value was 66.5% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in China?
The lowest recorded value was 32.1% in 2011.
How does China rank for saved at a financial institution or using a mobile money account?
China ranks 2nd out of 80 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in China?
Over the last ten years it is up 61.8%. The long-run trend across the full record is rising.
Where does this China data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
91 places, 455 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)