Bank or similar financial institution account in South Africa
South Africa: Bank or similar financial institution account was 78.4% in 2024. ▲ Rising
Bank or similar financial institution account in South Africa, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
South Africa recorded 78.4% for bank or similar financial institution account in 2024.
That represents a change of down 6.8% on the previous year and up 14.1% over ten years.
Over the whole period, bank or similar financial institution account in South Africa peaked at 84.1% in 2021 and was at its lowest, 53.6%, in 2011.
South Africa ranks 54th of 115 countries on this measure, in the middle of the range.
Bank or similar financial institution account in South Africa, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 53.6% | — |
| 2014 | 68.8% | +28.2% |
| 2017 | 67.4% | -1.9% |
| 2021 | 84.1% | +24.7% |
| 2024 | 78.4% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 63.3% | 53.6% | 68.8% | 3 |
| 2020s | 81.3% | 78.4% | 84.1% | 2 |
Countries ranked near South Africa
- 51 Sri Lanka 81.2% compare
- 52 Russian Federation 79.2% compare
- 53 Georgia 78.8% compare
- 55 Saudi Arabia 78.0% compare
- 56 Bosnia and Herzegovina 77.5% compare
- 57 Uruguay 73.7% compare
More reference data data for South Africa
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 8.71 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.63 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.7468 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.63 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.71 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.49 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.1 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 63.65 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 4.07 (2050)
Frequently asked questions
- What is bank or similar financial institution account in South Africa?
- Bank or similar financial institution account in South Africa was 78.4% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in South Africa?
- The highest recorded value was 84.1% in 2021.
- What is the lowest bank or similar financial institution account recorded in South Africa?
- The lowest recorded value was 53.6% in 2011.
- How does South Africa rank for bank or similar financial institution account?
- South Africa ranks 54th out of 115 countries with data for 2024.
- Is bank or similar financial institution account rising or falling in South Africa?
- Over the last ten years it is up 14.1%. 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 Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)