Employment in the financial and business services sector, aged 15-64 in South Africa

South Africa: Employment in the financial and business services sector, aged 15-64 was 0.2% in 2020. ▲ Rising

Latest (2020)
0.2%
Change on year
up 1.7%
World rank
4th
of 88 countries
All-time high
0.2%
in 2020
All-time low
0.1%
in 1995
Years of data
19
1995–2020

Employment in the financial and business services sector, aged 15-64 in South Africa, 1995–2020

00.050.10.150.21995200720201995: 0.093 % of urban employed population in working age2000: 0.107 % of urban employed population in working age2001: 0.112 % of urban employed population in working age2002: 0.129 % of urban employed population in working age2003: 0.122 % of urban employed population in working age2004: 0.119 % of urban employed population in working age2008: 0.142 % of urban employed population in working age2009: 0.153 % of urban employed population in working age2010: 0.147 % of urban employed population in working age2011: 0.149 % of urban employed population in working age2012: 0.152 % of urban employed population in working age2013: 0.158 % of urban employed population in working age2014: 0.158 % of urban employed population in working age2015: 0.165 % of urban employed population in working age2016: 0.171 % of urban employed population in working age2017: 0.172 % of urban employed population in working age2018: 0.175 % of urban employed population in working age2019: 0.178 % of urban employed population in working age2020: 0.181 % of urban employed population in working age

Source: World Bank. Measured in % of urban employed population in working age.

Analysis

South Africa recorded 0.2% for employment in the financial and business services sector, aged 15-64 in 2020. That is the highest value across all 19 years on record.

The figure is up 1.7% on the previous year and up 22.8% over ten years.

Over the whole period, employment in the financial and business services sector, aged 15-64 in South Africa peaked at 0.2% in 2020 and was at its lowest, 0.1%, in 1995.

South Africa ranks 4th of 88 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 19 years of available data.

Employment in the financial and business services sector, aged 15-64 in South Africa, year by year

Annual values for Employment in the financial and business services sector, aged 15-64, urban (% of urban employed population in working age) in South Africa, 1995 to 2020.
Year % of urban employed population in working age Change
1995 0.1%
2000 0.1% +14.8%
2001 0.1% +4.2%
2002 0.1% +15.2%
2003 0.1% -4.9%
2004 0.1% -2.9%
2008 0.1% +19.6%
2009 0.2% +7.7%
2010 0.1% -3.8%
2011 0.1% +1.3%
2012 0.2% +2.2%
2013 0.2% +3.5%
2014 0.2% +0.3%
2015 0.2% +4.2%
2016 0.2% +3.5%
2017 0.2% +0.6%
2018 0.2% +2.1%
2019 0.2% +1.3%
2020 0.2% +1.7%

South Africa compared with similar countries

  • South Africa's 0.2% is above the median for upper middle income countries, which is 0.1%, 2.3× the median. (27 countries reporting)
  • South Africa's 0.2% is above the median for Sub-Saharan Africa, which is 0.0%, 4.9× the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1% 0.1% 0.1% 1
2000s 0.1% 0.1% 0.2% 7
2010s 0.2% 0.1% 0.2% 10
2020s 0.2% 0.2% 0.2% 1

Countries ranked near South Africa

  1. 1 Luxembourg 0.3% compare
  2. 2 United States of America 0.2% compare
  3. 3 Sweden 0.2% compare
  4. 5 Ireland 0.2% compare
  5. 6 United Kingdom of Great Britain and Northern Ireland 0.2% compare
  6. 7 Cyprus 0.2% compare

See the full ranking of 88 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is employment in the financial and business services sector, aged 15-64 in South Africa?
Employment in the financial and business services sector, aged 15-64 in South Africa was 0.2% in 2020, according to the World Bank.
What is the highest employment in the financial and business services sector, aged 15-64 recorded in South Africa?
The highest recorded value was 0.2% in 2020.
What is the lowest employment in the financial and business services sector, aged 15-64 recorded in South Africa?
The lowest recorded value was 0.1% in 1995.
How does South Africa rank for employment in the financial and business services sector, aged 15-64?
South Africa ranks 4th out of 88 countries with data for 2020.
Is employment in the financial and business services sector, aged 15-64 rising or falling in South Africa?
Over the last ten years it is up 22.8%. 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 Employment in the financial and business services sector, aged 15-64, urban (% of urban employed population in working age). Statizoid updates them automatically from the source API.

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Employment in the financial and business services sector, aged 15-64 in South Africa. Statizoid. Retrieved 15 September 2026, from https://reference.statizoid.com/stat/employment-in-the-financial-and-business-services-sector-aged-15-64-urban-percent-of/south-africa/

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About this data

Indicator
Employment in the financial and business services sector, aged 15-64, urban (% of urban employed population in working age)
Unit
% of urban employed population in working age
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
88 places, 1,180 data points, 1970–2021
Last refreshed