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Published on Friday, July 19, 2024

Mexico | Financial inclusion of households or adults in Mexico?

Summary

Base on the National Financial Health Survey (Ensafi) 2023, presented in June 2024, this press article mentions some advantages of having financial inclusion metrics at the household level (inquiring whether any member has any financial product or service).

Key points

  • Key points:
  • In 2023, 55.2% of non-single-person households had at least one member with a bank or financial institution account or card, while 70% of single-person households and 55.0% of adults in Mexico had an account.
  • In 23.1% of non-single-person households there was at least one member with a bank credit card, while 17.5% of single-person households had one and 14.0% of the adult population had one.
  • In 15.4% of non-single-person households there was at least one member with a housing loan, while 6.4% of single-person households and 5.9% of the adult population had one.
  • In 19.4% of non-single-person households there was at least one member who usually saved in a bank account or financial institution, while 31.0% of single-person households and 25.1% of the adult population indicated having had savings in these institutions.

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Topics

Documents and files

Press article (PDF)

NotaPrensa_InclusionFinancieraHogares.pdf

Spanish - July 19, 2024

Authors

GC
Guillermo Jr. Cárdenas Salgado BBVA Research - Senior Economist
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