Bank or similar financial institution account, poorest 40% in South Africa
South Africa: Bank or similar financial institution account, poorest 40% was 72.0% in 2024. ▲ Rising
Latest (2024)
72.0%
Change on year
down 5.2%
World rank
52nd
of 102 countries
All-time high
75.9%
in 2021
All-time low
39.6%
in 2011
Years of data
5
2011–2024
Bank or similar financial institution account, poorest 40% in South Africa, 2011–2024
Source: World Bank. Measured in % age 15+.
Analysis
South Africa recorded 72.0% for bank or similar financial institution account, poorest 40% in 2024.
The figure is down 5.2% on the previous year and up 30.9% over ten years.
Over the whole period, bank or similar financial institution account, poorest 40% in South Africa peaked at 75.9% in 2021 and was at its lowest, 39.6%, in 2011.
South Africa ranks 52nd of 102 countries on this measure, in the middle of the range.
Bank or similar financial institution account, poorest 40% in South Africa, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 39.6% | — |
| 2014 | 55.0% | +39.0% |
| 2017 | 61.2% | +11.4% |
| 2021 | 75.9% | +23.9% |
| 2024 | 72.0% | -5.2% |
South Africa compared with similar countries
- South Africa's 72.0% is above the median for upper middle income countries, which is 63.0%, 1.1× the median. (37 countries reporting)
- South Africa's 72.0% is above the median for Sub-Saharan Africa, which is 18.3%, 3.9× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 51.9% | 39.6% | 61.2% | 3 |
| 2020s | 73.9% | 72.0% | 75.9% | 2 |
Countries ranked near South Africa
- 49 Chile 75.4% compare
- 50 Serbia 75.1% compare
- 51 Saudi Arabia 74.0% compare
- 53 Bosnia and Herzegovina 70.4% compare
- 54 Russian Federation 70.4% compare
- 55 Georgia 69.1% 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, poorest 40% in South Africa?
- Bank or similar financial institution account, poorest 40% in South Africa was 72.0% in 2024, according to the World Bank.
- What is the highest bank or similar financial institution account, poorest 40% recorded in South Africa?
- The highest recorded value was 75.9% in 2021.
- What is the lowest bank or similar financial institution account, poorest 40% recorded in South Africa?
- The lowest recorded value was 39.6% in 2011.
- How does South Africa rank for bank or similar financial institution account, poorest 40%?
- South Africa ranks 52nd out of 102 countries with data for 2024.
- Is bank or similar financial institution account, poorest 40% rising or falling in South Africa?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from the World Bank, published as part of Bank or similar financial institution account, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.
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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).