Mexico's National Banking and Securities Commission (CNBV) and the National Institute of Statistics and Geography (INEGI) published the results of the 2024 National Survey of Financial Inclusion (ENIF), providing an overview of financial inclusion and financial education among Mexico’s adult population. The survey found that in 2024 nearly eight in ten people reported having at least one formal financial product, the highest level recorded since 2015. The ENIF is intended to generate official national statistics and indicators to support diagnostics, public policy design and target-setting on financial inclusion and education. It covers ownership of savings products and deposit accounts, credit, insurance and retirement savings, as well as the use and availability of financial infrastructure, and it includes measures of financial education and financial well-being. Key findings also include an eight-point increase in financial well-being between 2021 and 2024, with improvements among women and people in rural localities; stronger growth in account ownership for women and rural localities than for men and urban areas; lower product ownership and lower use of digital finance among indigenous populations (by self-identification), indigenous language speakers and rural residents; and no significant change in the financial literacy index since 2018.
Mexico Comision Nacional Bancaria y de Valores (CNBV) 2025-03-13
Mexico's National Banking and Securities Commission and INEGI publish 2024 financial inclusion survey results showing eight in ten adults hold a formal product
Mexico's National Banking and Securities Commission (CNBV) and the National Institute of Statistics and Geography (INEGI) released the 2024 National Survey of Financial Inclusion (ENIF), highlighting that nearly 80% of adults now have at least one formal financial product, the highest since 2015. The survey noted an eight-point rise in financial well-being from 2021 to 2024, with improvements among women and rural populations, though indigenous groups and rural residents still lag in digital finance usage.