Account, older in South Africa

South Africa: Account, older was 85.8% in 2024. ▲ Rising

Latest (2024)
85.8%
Change on year
down 1.7%
Rank
50th
of 105 groups
All-time high
87.3%
in 2021
All-time low
59.1%
in 2011
Years of data
5
2011–2024

Account, older in South Africa, 2011–2024

0204060802011201720242011: 59.1 % age 25+2014: 77 % age 25+2017: 71.7 % age 25+2021: 87.3 % age 25+2024: 85.8 % age 25+

Source: Global Findex database. Measured in % age 25+.

Analysis

In 2024, account, older in South Africa stood at 85.8%.

The figure is down 1.7% on the previous year and up 11.4% over ten years.

Over the whole period, account, older in South Africa peaked at 87.3% in 2021 and was at its lowest, 59.1%, in 2011.

That places South Africa 50th out of 105 groups with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 69.3% 59.1% 77.0% 3
2020s 86.5% 85.8% 87.3% 2

Countries ranked near South Africa

  1. 47 Ukraine 87.0% compare
  2. 48 Brazil 86.8% compare
  3. 49 Hungary 85.8% compare
  4. 51 Turkey 85.6% compare
  5. 52 Bulgaria 85.3% compare
  6. 53 Chile 85.0% compare

See the full ranking of 118 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is account, older in South Africa?
Account, older in South Africa was 85.8% in 2024, according to Global Findex database.
What is the highest account, older recorded in South Africa?
The highest recorded value was 87.3% in 2021.
What is the lowest account, older recorded in South Africa?
The lowest recorded value was 59.1% in 2011.
How does South Africa rank for account, older?
South Africa ranks 50th out of 105 groups with data for 2024.
Is account, older rising or falling in South Africa?
Over the last ten years it is up 11.4%. 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, older (% age 25+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account, older (% age 25+)
Unit
% age 25+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 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"), older (% age 25+)