Table 3

Descriptive statistics of sociodemographic variables

Freq.%
Economy
Argentina1,0036.9
Bolivia1,0006.9
Brazil1,0026.9
Colombia1,0006.9
Costa Rica1,0016.9
The Dominican Republic1,0006.9
Ecuador1,0006.9
El Salvador1,0026.9
Honduras1,0006.9
Jamaica 5023.5
Nicaragua1,0076.9
Panama1,0026.9
Paraguay1,0006.9
Peru1,0006.9
Venezuela, RB1,0006.9
Country category
Group 3 Low influence of the fintech sector4,51131.07
Group 2 Medium influence of the fintech sector5,00334.46
Group 1 High influence of the fintech sector5,00534.47
Life cycle
Under 18 years of age 4733.3
18–252,86419.8
26–353,25322.4
36–493,54324.4
50–642,79319.3
More than 651,57310.8
Education level
Completed primary school or less3,89027.1
Completed secondary school7,78854.3
Completed secondary education or more2,66518.6
Housing income
Quin12,34716.17
Quin2 24416.81
Quin32,64118.19
Quin43,21522.14
Quin53,87626.70
Is the respondent in the workforce?
No3,54824.44
Yes10,97175.56
Source(s): Authors’ elaboration using the Global Findex Database (2021)

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