Credit card penetration in El Salvador in 2011, 2014, 2017, and 2021, by demographic

Published by Statista Research Department, May 22, 2024
This statistic presents a timeline with the share of individuals who owned a credit card in El Salvador between 2011 and 2017. In 2017, approximately 5.7 percent of El Salvadorians owned a credit card, down from eight percent in 2014.

Share of individuals who own a credit card in El Salvador from 2011 to 2021, by age, gender, and income level

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Source

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Release date

June 2022

Region

El Salvador

Survey time period

August to November 2021

Number of respondents

approx. 1,000 per country

Age group

15 years and older

Special properties

Entire civilian, noninstitutionalized population; The figures shown are from a global survey held every 3 years. The data for 2021 is the most recent available as of the mid of 2022.

Method of interview

Face-to-face interviews, telephone interviews

Supplementary notes

This question was phrased by the source as follows: "A credit card is a card that allows you to BORROW money in order to make payments or buy things, and you can pay the balance off later. Do you, personally, have a credit card?"

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