Account, in labor force in South Africa

South Africa: Account, in labor force was 87.8% in 2024. β–² Rising

Latest (2024)
87.8%
Change on year
down 4.9%
World rank
50th
of 98 countries
All-time high
92.3%
in 2021
All-time low
79.6%
in 2017
Years of data
5
2011–2024

Account, in labor force in South Africa, 2011–2024

0204060801002011201720242011: 81.6 % age 15+2014: 86 % age 15+2017: 79.6 % age 15+2021: 92.3 % age 15+2024: 87.8 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

The most recent figure for account, in labor force in South Africa is 87.8%, measured in 2024.

The figure is down 4.9% on the previous year and up 2.1% over ten years.

Over the whole period, account, in labor force in South Africa peaked at 92.3% in 2021 and was at its lowest, 79.6%, in 2017.

South Africa ranks 50th of 98 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 82.4% 79.6% 86.0% 3
2020s 90.0% 87.8% 92.3% 2

Countries ranked near South Africa

  1. 47 Chile 90.2% compare
  2. 48 Venezuela 88.8% compare
  3. 49 Argentina 87.9% compare
  4. 51 Ghana 87.0% compare
  5. 52 Sri Lanka 86.7% compare
  6. 53 Romania 85.6% compare

See the full ranking of 110 places β†’

More reference data data for South Africa

All data for South Africa β†’

Frequently asked questions

What is account, in labor force in South Africa?
Account, in labor force in South Africa was 87.8% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in South Africa?
The highest recorded value was 92.3% in 2021.
What is the lowest account, in labor force recorded in South Africa?
The lowest recorded value was 79.6% in 2017.
How does South Africa rank for account, in labor force?
South Africa ranks 50th out of 98 countries with data for 2024.
Is account, in labor force rising or falling in South Africa?
Over the last ten years it is up 2.1%. The long-run trend across the full record is rising.
Where does this South Africa data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, in labor force in South Africa. Statizoid, drawing on Global Findex database. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/account-in-labor-force-percent-age-15/south-africa/

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)