Account, income, richest 60% in South Africa

South Africa: Account, income, richest 60% was 84.8% in 2024. ▲ Rising

Latest (2024)
84.8%
Change on year
down 6.1%
World rank
56th
of 103 countries
All-time high
90.4%
in 2021
All-time low
63.0%
in 2011
Years of data
5
2011–2024

Account, income, richest 60% in South Africa, 2011–2024

0204060801002011201720242011: 63 % ages 15+2014: 79.6 % ages 15+2017: 73.6 % ages 15+2021: 90.4 % ages 15+2024: 84.8 % ages 15+

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

Analysis

In 2024, account, income, richest 60% in South Africa stood at 84.8%.

That represents a change of down 6.1% on the previous year and up 6.6% over ten years.

Over the whole period, account, income, richest 60% in South Africa peaked at 90.4% in 2021 and was at its lowest, 63.0%, in 2011.

South Africa ranks 56th of 103 countries on this measure, in the middle of the range.

Account, income, richest 60% in South Africa, year by year

Annual values for Account, income, richest 60% (% ages 15+) in South Africa, 2011 to 2024.
Year % ages 15+ Change
2011 63.0%
2014 79.6% +26.4%
2017 73.6% -7.6%
2021 90.4% +22.8%
2024 84.8% -6.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 72.1% 63.0% 79.6% 3
2020s 87.6% 84.8% 90.4% 2

Countries ranked near South Africa

  1. 53 Viet Nam 85.5% compare
  2. 54 Georgia 85.3% compare
  3. 55 Russian Federation 85.2% compare
  4. 57 Sri Lanka 82.7% compare
  5. 58 Bosnia and Herzegovina 82.1% compare
  6. 59 Romania 82.0% compare

See the full ranking of 115 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is account, income, richest 60% in South Africa?
Account, income, richest 60% in South Africa was 84.8% in 2024, according to Global Findex database.
What is the highest account, income, richest 60% recorded in South Africa?
The highest recorded value was 90.4% in 2021.
What is the lowest account, income, richest 60% recorded in South Africa?
The lowest recorded value was 63.0% in 2011.
How does South Africa rank for account, income, richest 60%?
South Africa ranks 56th out of 103 countries with data for 2024.
Is account, income, richest 60% rising or falling in South Africa?
Over the last ten years it is up 6.6%. 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, income, richest 60% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, richest 60% in South Africa. Statizoid, drawing on Global Findex database. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/account-income-richest-60-percent-percent-ages-15/south-africa/

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About this data

Indicator
Account, income, richest 60% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 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"), richest 60% (% ages 15+)