WOCCU’s 2024 Statistical Report Highlights Global Credit Union Trends

Friday 24 October 2025

The World Council of Credit Unions (WOCCU) has released its 2024 Statistical Report, offering the most comprehensive overview to date of the global credit union movement. The report shows modest increases in both membership and assets worldwide, alongside a continued trend of consolidation across the sector.

As of 31 December 2024, WOCCU data shows 412.6 million members across 67,137 credit unions in 101 countries, with total assets exceeding $3.8 trillion. This represents a 0.4% increase in membership and a 2% rise in assets from the previous year, though the total number of credit unions fell by around 10%.

WOCCU’s Director of Member Services, Thomas Belekevich, who led this year’s global data collection, emphasised that while the figures reflect modest growth, they also showcase improvements in data quality and consistency across regions:

“What we’re seeing is really less of a ceiling and more of a reflection of how we’re improving our data collection,” said Belekevich. “Over the years, WOCCU has placed a greater emphasis on tightening our methodology to ensure the numbers that we’re publishing are verifiable and consistent across countries. And so, that means we’ve been more vigorous in identifying reliable data sources, and sometimes that means leaving out figures that can’t be substantiated.”

Reflecting on these global findings, ABCUL notes that the movement in Great Britain continues to demonstrate steady growth and resilience. The latest Bank of England figures show that, credit unions in Great Britain serve 1,575,946 members, holding a combined £2.70 billion in assets and £2.32 billion in shares, with £336.4 million in total capital and £1.82 billion in loans.

These results underline the ongoing importance of credit unions in supporting communities through affordable financial services and promoting financial wellbeing for members across the country.

ABCUL welcomes WOCCU’s continued efforts to strengthen global credit union data and recognises the value of these insights for supporting evidence-based policy and best practice across the sector.

You can view the full WOCCU 2024 Statistical Report here.