The statistic comes from the World Bank report, The Little Data Book of Financial Inclusion report, published in April 2018.
Uruguay has a population of over 3.4 million people of which, 2.7 million are aged 15 and over. According to the World Bank report, approximately, 36% of adults in Uruguay live unbanked and rely on cash to get by.
Other findings
- 64% of people in Latin America & the Caribbean are unbanked
- 44.6% of people in Latin America & the Caribbean are unbanked
- 35% of people in Europe and Central Asia are unbanked
- 66.5% of people in the Middle East and North Africa are unbanked
- 31.5% of adults globally do not have bank accounts...that's 1.7 billion people!