Account, out of labor force in South Africa

South Africa: Account, out of labor force was 76.3% in 2024. ▲ Rising

Latest (2024)
76.3%
Change on year
down 3.0%
World rank
41st
of 99 countries
All-time high
78.6%
in 2021
All-time low
39.3%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 39.3 % age 15+2014: 58.8 % age 15+2017: 61 % age 15+2021: 78.6 % age 15+2024: 76.3 % age 15+

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

Analysis

The most recent figure for account, out of labor force in South Africa is 76.3%, measured in 2024.

The figure is down 3.0% on the previous year and up 29.8% over ten years.

Over the whole period, account, out of labor force in South Africa peaked at 78.6% in 2021 and was at its lowest, 39.3%, in 2011.

South Africa ranks 41st of 99 countries on this measure, in the middle of the range.

Account, out of labor force in South Africa, year by year

Annual values for Account, out of labor force (% age 15+) in South Africa, 2011 to 2024.
Year % age 15+ Change
2011 39.3%
2014 58.8% +49.7%
2017 61.0% +3.7%
2021 78.6% +28.9%
2024 76.3% -3.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 53.0% 39.3% 61.0% 3
2020s 77.5% 76.3% 78.6% 2

Countries ranked near South Africa

  1. 38 Hungary 77.5% compare
  2. 39 Sri Lanka 77.3% compare
  3. 40 Chile 77.1% compare
  4. 42 Kazakhstan 75.9% compare
  5. 43 North Macedonia 75.4% compare
  6. 44 Georgia 74.6% compare

See the full ranking of 111 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is account, out of labor force in South Africa?
Account, out of labor force in South Africa was 76.3% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in South Africa?
The highest recorded value was 78.6% in 2021.
What is the lowest account, out of labor force recorded in South Africa?
The lowest recorded value was 39.3% in 2011.
How does South Africa rank for account, out of labor force?
South Africa ranks 41st out of 99 countries with data for 2024.
Is account, out of labor force rising or falling in South Africa?
Over the last ten years it is up 29.8%. 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, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, out of labor force in South Africa. Statizoid, drawing on Global Findex database. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/account-out-of-labor-force-percent-age-15/south-africa/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 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"), out of labor force (% age 15+)