Mexico | Evolution and gender gaps: urgent action against women's financial exclusion

Summary

This note contains information related to financial inclusion. Its objective is to present the latest trends and data on savings and transactional accounts and payroll accounts (in commercial banks), and retirement savings funds, disaggregated by gender.

Key points

• Key points:
• Considering the combined effect of demographic and economic dynamics, it is estimated that approximately 3.5 million new potential users (individuals and legal entities) are incorporated into the formal financial system each year.
• The balances in accounts managed by the Retirement Savings System (SAR) are the most dynamic among those in savings accounts and open market and payroll transactions, as they have recorded six consecutive quarters of real growth.
• Although women have a relatively higher number of savings and transaction accounts than men, when analyzing the nominal balances at the cut-off date, the gap is reversed: men hold a larger volume of balances, with a difference of approximately 0.1 trillion current pesos in their favor.
• The gap in the number of payroll accounts favors men, and its reduction has been slower compared to that observed in savings and transactional accounts. This gap decreased from 4.2 million accounts in August 2022 to 3.9 million in April 2025, indicating moderate progress.
• The gap in the balances of accounts managed by the Retirement Savings System (SAR) has shown an upward trend, going from 1.42 trillion pesos in August 2022 to 1.78 trillion in April 2025, in both cases in favor of men.

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