Inclusión financiera en América Latina, un análisis descriptivo y evolutivo

Abstract

Abstract:This study analyzes the evolution of financial inclusion (FI) in Latin America, taking as data the base published by the World Bank for this area of ​​the world, between the years 2011, 2014 and 2017, the IF index is calculated based on two categories: use and access. The results determine that the FI at the level of Latin America has increased; the countries with the highest performance are: Chile and Uruguay; In these countries, the variables with greater access and use stand out, such as accounts in a financial institution, ATM as the main mode of withdrawal, its main source of emergency fund is savings; On the other hand, Nicaragua and El Salvador, whose performance was lower in these countries, access to financial services is more complicated, especially for vulnerable and small groups, so they are excluded from participation in the formal financial sector. This study allows broadening the discussion about the factors that promote FI in Latin America and suggest certain recommendations that allow improving access to financial products and services.