Global Mobile Money Account Adoption by Country

The data from 2024 indicates a significant variation in mobile money account adoption across countries, with Kenya leading at 66.04% among men aged 15+. Countries like Mongolia, Thailand, and Ghana also show strong adoption rates above 50%. Other African nations such as Uganda, Zimbabwe, and Namibia have notable middle-tier adoption rates, whereas South American countries like Argentina and Brazil are much lower, below 35%. Asian giants like India and Pakistan remain at the lower end, with adoption rates under 6%. Year-over-year, most countries show nominal to no change.

Looking ahead, increasing smartphone penetration and improved internet access in low-adoption countries could drive further mobile money adoption. Regulatory support and digital literacy will play critical roles in accelerating this growth. Watch for initiatives targeting underserved areas and technological innovations that simplify mobile transactions.

Top countries in Mobile Money Account Adoption by Country

# 10 Countries Percent of Men Aged 15+ Last Year
1 1 Kenya 66.04 2021 View data
2 2 Mongolia 60.11 2021 View data
3 3 Thailand 56.61 2021 View data
4 4 Ghana 55 2021 View data
5 5 Gabon 54.57 2021 View data
6 6 Uganda 53.15 2021 View data
7 7 Zimbabwe 45.9 2021 View data
8 8 Namibia 41.03 2021 View data
9 9 Tanzania 40.29 2021 View data
10 10 Zambia 39.28 2021 View data

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