ReLAC

Credit Unions in Latin America

ReLAC Member Countries

CountryCredit UnionsNumber of MembersSavingsLoansReservesAssetsPenetration Rate
Brazil768 19,118,831 $86,816,278,972$80,111,635,047$20,369,425,274$137,982,973,0670.13%
Colombia172 3,653,147 $3,028,405,975$4,215,588,275$1,093,736,320$5,217,382,9550.10%
Costa Rica65 771,679 $5,717,194,087$6,365,365,222$402,565,688$9,478,376,7390.21%
El Salvador669 1,970,661 $3,303,000,000$3,956,000,000$866,000,000$5,165,000,0000.46%
Guatemala425 2,731,122 $3,596,803,796$3,148,246,513$457,740,481$4,288,000,9010.25%
Mexico154 8,613,990 $11,806,973,631$8,363,186,118$2,783,661,035$14,965,698,8810.10%
Panama137 128,313 $425,286,264$447,392,609$59,710,831$762,066,6350.04%
Peru287 2,190,000 $2,042,368,528$2,521,862,429$641,061,106$3,166,674,1730.10%
Dominican Republic18 1,340,677 $1,973,318,822$1,854,423,147$377,514,438$2,506,492,0150.18%
*The penetration rate is calculated by dividing the total number of credit union members by the economically active population.

Source 2023 World Council Statistical Report.