Online banking penetration in Brazil 2019-2024, with forecasts until 2029

Published by Statista Research Department, Feb 21, 2025

The penetration rate of online banking in Brazil increased significantly between 2019 and 2024. According to Statista, in 2024, more than 50 percent of the population used online banking. Statista estimates that the penetration rate will increase further in the coming years, exceeding 68 percent in 2029. 

Penetration rate of online banking in Brazil from 2019 to 2024, with forecasts until 2029

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Release date

December 2024

Region

Brazil

Survey time period

2019 to 2024

Supplementary notes

Figures are estimates. Details on methodology can be found here. 

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