In 2020, after the introduction of various social benefit programs during the COVID-19 pandemic, there was an overall decrease in the unbanked population throughout Latin America. Brazil exhibited the largest change, with a significant decrease of 73 percent. Although experiencing less change, the trend remained true for Argentina and Colombia, with a reduction of 18 percent and eight percent, respectively.
Change in unbanked population due to the COVID-19 pandemic in selected countries in Latin America in 2020
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MasterCard. (October 12, 2020). Change in unbanked population due to the COVID-19 pandemic in selected countries in Latin America in 2020 [Graph]. In Statista. Retrieved August 11, 2022, from https://www.statista.com/statistics/1229094/latin-america-change-unbanked-population/
MasterCard. "Change in unbanked population due to the COVID-19 pandemic in selected countries in Latin America in 2020." Chart. October 12, 2020. Statista. Accessed August 11, 2022. https://www.statista.com/statistics/1229094/latin-america-change-unbanked-population/
MasterCard. (2020). Change in unbanked population due to the COVID-19 pandemic in selected countries in Latin America in 2020. Statista. Statista Inc.. Accessed: August 11, 2022. https://www.statista.com/statistics/1229094/latin-america-change-unbanked-population/
MasterCard. "Change in Unbanked Population Due to The Covid-19 Pandemic in Selected Countries in Latin America in 2020." Statista, Statista Inc., 12 Oct 2020, https://www.statista.com/statistics/1229094/latin-america-change-unbanked-population/
MasterCard, Change in unbanked population due to the COVID-19 pandemic in selected countries in Latin America in 2020 Statista, https://www.statista.com/statistics/1229094/latin-america-change-unbanked-population/ (last visited August 11, 2022)