According to a three-year survey, one out of four Mexicans owned a debit card in 2017 but only 13 percent used one. While there was research for 2021 - which was released in mid-2022 - Mexico is one of the few countries that did not receive new figures, hence why data only goes up to 2017. The difference between ownership and usage was roughly 11 percentage points in 2017, an increase when compared to 2017. The report adds that men were more likely than women to own such a payment card in the North American country. Gen Z - or the age group 15 to 24 years in this survey - generally owned fewer debit cards than their older counterparts.
Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level
Entire civilian, noninstitutionalized population; * The data for 2021 and 2024 are forecasts calculated by Statista; The figures shown are from a global survey held every 3 years. Data for 2021 - the most recent year available - was released in June 2022.
Method of interview
Face-to-face interviews, telephone interviews
Supplementary notes
This question was phrased by the source as follows: "A/An [insert local terminology for ATM/debit card] is a card connected to an account at a financial institution that allows you to withdraw money, and the money is taken out of THAT ACCOUNT right away. Do you, personally, have a/an [insert local terminology for ATM/debit card]? Yes or no?"
Figures for 2021 and 2024 are forecasts from Statista. Historical figures were used in a linear trend, to form a simple trend projection. This extrapolation uses the method of least squares. Mexico was one of the few countries that did not feature in the most recent release of this survey.
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Statista. (March 11, 2024). Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/
Statista. "Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level." Chart. March 11, 2024. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/
Statista. (2024). Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/
Statista. "Share of Individuals Who Own a Debit Card in Mexico in 2011, 2014, 2017 with Forecasts for 2021 and 2024, by Age, Gender, and Income Level." Statista, Statista Inc., 11 Mar 2024, https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/
Statista, Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level Statista, https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/ (last visited December 11, 2024)
Share of individuals who own a debit card in Mexico in 2011, 2014, 2017 with forecasts for 2021 and 2024, by age, gender, and income level [Graph], Statista, March 11, 2024. [Online]. Available: https://www.statista.com/statistics/1362132/debit-card-ownership-rate-mexico/