Bank or similar financial institution account, men in South Africa

South Africa: Bank or similar financial institution account, men was 76.9% in 2024. ▲ Rising

Latest (2024)
76.9%
Change on year
down 7.6%
World rank
55th
of 103 countries
All-time high
83.3%
in 2021
All-time low
56.4%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, men in South Africa, 2011–2024

0204060802011201720242011: 56.4 % age 15+2014: 68.8 % age 15+2017: 66.7 % age 15+2021: 83.3 % age 15+2024: 76.9 % age 15+

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

Analysis

South Africa recorded 76.9% for bank or similar financial institution account, men in 2024.

The figure is down 7.6% on the previous year and up 11.9% over ten years.

Over the whole period, bank or similar financial institution account, men in South Africa peaked at 83.3% in 2021 and was at its lowest, 56.4%, in 2011.

That places South Africa 55th out of 103 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, men in South Africa, year by year

Annual values for Bank or similar financial institution account, men (% age 15+) in South Africa, 2011 to 2024.
Year % age 15+ Change
2011 56.4%
2014 68.8% +22.0%
2017 66.7% -3.0%
2021 83.3% +24.9%
2024 76.9% -7.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 63.9% 56.4% 68.8% 3
2020s 80.1% 76.9% 83.3% 2

Countries ranked near South Africa

  1. 52 Russian Federation 81.4% compare
  2. 53 Saudi Arabia 81.1% compare
  3. 54 Bosnia and Herzegovina 79.3% compare
  4. 56 Georgia 75.9% compare
  5. 57 Costa Rica 74.5% compare
  6. 58 Uruguay 74.2% 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 bank or similar financial institution account, men in South Africa?
Bank or similar financial institution account, men in South Africa was 76.9% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account, men recorded in South Africa?
The highest recorded value was 83.3% in 2021.
What is the lowest bank or similar financial institution account, men recorded in South Africa?
The lowest recorded value was 56.4% in 2011.
How does South Africa rank for bank or similar financial institution account, men?
South Africa ranks 55th out of 103 countries with data for 2024.
Is bank or similar financial institution account, men rising or falling in South Africa?
Over the last ten years it is up 11.9%. 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 Bank or similar financial institution account, men (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, men in South Africa. Statizoid, drawing on Global Findex Database. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-men-percent-age-15/south-africa/

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About this data

Indicator
Bank or similar financial institution account, men (% age 15+)
Unit
% age 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 similar financial institution, men (% age 15+)