Financial Health: Driving Growth in Latin America and the Caribbean
According to the latest Global Findex database, the proportion of adults in Latin America and the Caribbean (LAC) with account ownership rose from 39% in 2011 to over 75% in 2025. This increase was driven by the rise of digital-first financial service providers, expanded government transfers, and innovations that enhance the value proposition, such as the growth of e-commerce and instant payment systems in countries like Brazil, Peru, and Costa Rica.