Owns a credit card in Sub-Saharan Africa (excluding high income)

Sub-Saharan Africa (excluding high income): Owns a credit card was 3.1% in 2024. ▬ Flat

Latest (2024)
3.1%
Change on year
up 12.9%
Rank
9th
of 10 groups
All-time high
3.2%
in 2017
All-time low
2.7%
in 2014
Years of data
5
2011–2024

Owns a credit card in Sub-Saharan Africa (excluding high income), 2011–2024

01232011201720242011: 2.9 % age 15+2014: 2.7 % age 15+2017: 3.2 % age 15+2021: 2.7 % age 15+2024: 3.1 % age 15+

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

Analysis

In 2024, owns a credit card in Sub-Saharan Africa (excluding high income) stood at 3.1%.

The figure is up 12.9% on the previous year and up 14.4% over ten years.

Over the whole period, owns a credit card in Sub-Saharan Africa (excluding high income) peaked at 3.2% in 2017 and was at its lowest, 2.7%, in 2014.

Owns a credit card in Sub-Saharan Africa (excluding high income), year by year

Annual values for Owns a credit card (% age 15+) in Sub-Saharan Africa (excluding high income), 2011 to 2024.
Year % age 15+ Change
2011 2.9%
2014 2.7% -7.4%
2017 3.2% +17.2%
2021 2.7% -13.5%
2024 3.1% +12.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.9% 2.7% 3.2% 3
2020s 2.9% 2.7% 3.1% 2

Countries ranked near Sub-Saharan Africa (excluding high income)

  1. 6 Saudi Arabia 30.1% compare
  2. 7 Argentina 29.9% compare
  3. 8 Kazakhstan 26.5% compare
  4. 9 North Macedonia 26.0% compare
  5. 10 Serbia 24.3% compare
  6. 11 Romania 22.2% compare
  7. 12 Dominican Republic 21.4% compare

See the full ranking of 125 places →

More reference data data for Sub-Saharan Africa (excluding high income)

All data for Sub-Saharan Africa (excluding high income) →

Frequently asked questions

What is owns a credit card in Sub-Saharan Africa (excluding high income)?
Owns a credit card in Sub-Saharan Africa (excluding high income) was 3.1% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Sub-Saharan Africa (excluding high income)?
The highest recorded value was 3.2% in 2017.
What is the lowest owns a credit card recorded in Sub-Saharan Africa (excluding high income)?
The lowest recorded value was 2.7% in 2014.
How does Sub-Saharan Africa (excluding high income) rank for owns a credit card?
Sub-Saharan Africa (excluding high income) ranks 9th out of 10 groups with data for 2024.
Is owns a credit card rising or falling in Sub-Saharan Africa (excluding high income)?
Over the last ten years it is up 14.4%. The long-run trend across the full record is flat.
Where does this Sub-Saharan Africa (excluding high income) data come from?
The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

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Owns a credit card in Sub-Saharan Africa (excluding high income). Statizoid, drawing on Global Findex Database. Retrieved 03 September 2026, from https://reference.statizoid.com/stat/owns-a-credit-card-percent-age-15/sub-saharan-africa-excluding-high-income/

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About this data

Indicator
Owns a credit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 625 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a credit card, (% age 15+)