Bank or similar financial institution account, secondary education or in South Africa

South Africa: Bank or similar financial institution account, secondary education or was 82.8% in 2024. ▲ Rising

Latest (2024)
82.8%
Change on year
down 5.3%
World rank
55th
of 105 countries
All-time high
87.4%
in 2021
All-time low
58.3%
in 2011
Years of data
5
2011–2024

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

0204060802011201720242011: 58.3 % age 15+2014: 72 % age 15+2017: 69.6 % age 15+2021: 87.4 % age 15+2024: 82.8 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

South Africa recorded 82.8% for bank or similar financial institution account, secondary education or in 2024.

The figure is down 5.3% on the previous year and up 15.0% over ten years.

Over the whole period, bank or similar financial institution account, secondary education or in South Africa peaked at 87.4% in 2021 and was at its lowest, 58.3%, in 2011.

South Africa ranks 55th of 105 countries on this measure, in the middle of the range.

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

Annual values for Bank or similar financial institution account, secondary education or more (% age 15+) in South Africa, 2011 to 2024.
Year % age 15+ Change
2011 58.3%
2014 72.0% +23.5%
2017 69.6% -3.4%
2021 87.4% +25.7%
2024 82.8% -5.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 66.6% 58.3% 72.0% 3
2020s 85.1% 82.8% 87.4% 2

Countries ranked near South Africa

  1. 52 Uruguay 86.3% compare
  2. 53 Türkiye 84.7% compare
  3. 54 Sri Lanka 83.8% compare
  4. 56 Georgia 82.3% compare
  5. 57 Russian Federation 81.3% compare
  6. 58 Costa Rica 81.1% compare

See the full ranking of 117 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is bank or similar financial institution account, secondary education or in South Africa?
Bank or similar financial institution account, secondary education or in South Africa was 82.8% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, secondary education or recorded in South Africa?
The highest recorded value was 87.4% in 2021.
What is the lowest bank or similar financial institution account, secondary education or recorded in South Africa?
The lowest recorded value was 58.3% in 2011.
How does South Africa rank for bank or similar financial institution account, secondary education or?
South Africa ranks 55th out of 105 countries with data for 2024.
Is bank or similar financial institution account, secondary education or rising or falling in South Africa?
Over the last ten years it is up 15.0%. 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, secondary education or more (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, secondary education or in South Africa. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-secondary-education-or-more-percent-age-15/south-africa/

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About this data

Indicator
Bank or similar financial institution account, secondary education or more (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 585 data points, 2011–2024
Last refreshed