Account at financial institution in South Africa
South Africa: Account at financial institution was 81.13 in 2024. ▲ Rising
Latest (2024)
81.13
Change on year
down 5.0%
World rank
55th
of 115 countries
All-time high
85.38
in 2021
All-time low
53.65
in 2011
Years of data
5
2011–2024
Account at financial institution in South Africa, 2011–2024
Source: Our World in Data.
Analysis
South Africa recorded 81.13 for account at financial institution in 2024.
That represents a change of down 5.0% on the previous year and up 15.4% over ten years.
Over the whole period, account at financial institution in South Africa peaked at 85.38 in 2021 and was at its lowest, 53.65, in 2011.
South Africa ranks 55th of 115 countries on this measure, in the middle of the range.
Account at financial institution in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 53.65 | — |
| 2014 | 70.32 | +31.1% |
| 2017 | 69.22 | -1.6% |
| 2021 | 85.38 | +23.3% |
| 2024 | 81.13 | -5.0% |
South Africa compared with similar countries
- South Africa's 81.13 is above the median for upper middle income countries, which is 70.96, 1.1× the median. (36 countries reporting)
- South Africa's 81.13 is above the median for Sub-Saharan Africa, which is 56.5, 1.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 64.39 | 53.65 | 70.32 | 3 |
| 2020s | 83.25 | 81.13 | 85.38 | 2 |
Countries ranked near South Africa
More reference data data for South Africa
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 8.71 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.63 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7468 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.63 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.71 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.49 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.1 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 63.65 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.07 (2050)
Frequently asked questions
- What is account at financial institution in South Africa?
- Account at financial institution in South Africa was 81.13 in 2024, according to Our World in Data.
- What is the highest account at financial institution recorded in South Africa?
- The highest recorded value was 85.38 in 2021.
- What is the lowest account at financial institution recorded in South Africa?
- The lowest recorded value was 53.65 in 2011.
- How does South Africa rank for account at financial institution?
- South Africa ranks 55th out of 115 countries with data for 2024.
- Is account at financial institution rising or falling in South Africa?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Our World in Data, published as part of Account at financial institution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).