Online banking penetration in Colombia 2019-2023, with forecasts to 2029

Published by Statista Research Department, Aug 23, 2024

The penetration rate of online banking in Colombia increased significantly between 2019 and 2023, but remained relatively low, under 10 percent. According to Statista, in 2023, just over eight percent of the population used online banking. Statista estimates that the penetration rate will increase further in the coming years, reaching 16 percent by 2029. 

Penetration rate of online banking in Colombia from 2019 to 2023, with forecasts from 2024 to 2029

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Supplementary notes

Figures are estimates. Details on methodology can be found here. 

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