Deposits at digital banks in Latin America 2017-2023, with forecasts to 2029

Published by Statista Research Department, Jul 26, 2024

The value of deposits at digital banking institutions in Latin America increased gradually between 2017 and 2023. As of 2023, the total deposit value was estimated at 1.14 trillion U.S. dollars. According to Statista, the value of deposits held by digital banks will increase further in the following years, exceeding two trillion U.S. dollars in 2028. 

Value of customer deposits at digital banks in Latin America from 2017 to 2023, with forecasts from 2024 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Digital Banks refer to the emerging market for purely digital banks that offer financial services via online and mobile platforms. 

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