Owns a debit card, young in South Africa

South Africa: Owns a debit card, young was 47.3% in 2024. ▲ Rising

Latest (2024)
47.3%
Change on year
up 8.7%
World rank
56th
of 87 countries
All-time high
47.3%
in 2024
All-time low
25.9%
in 2017
Years of data
5
2011–2024

Owns a debit card, young in South Africa, 2011–2024

010203040502011201720242011: 33.9 % ages 15-242014: 39.4 % ages 15-242017: 25.9 % ages 15-242021: 43.5 % ages 15-242024: 47.3 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

The most recent figure for owns a debit card, young in South Africa is 47.3%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 8.7% on the previous year and up 20.1% over ten years.

Over the whole period, owns a debit card, young in South Africa peaked at 47.3% in 2024 and was at its lowest, 25.9%, in 2017.

South Africa ranks 56th of 87 countries on this measure, in the middle of the range.

Owns a debit card, young in South Africa, year by year

Annual values for Owns a debit card, young (% ages 15-24) in South Africa, 2011 to 2024.
Year % ages 15-24 Change
2011 33.9%
2014 39.4% +16.2%
2017 25.9% -34.1%
2021 43.5% +67.8%
2024 47.3% +8.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 33.1% 25.9% 39.4% 3
2020s 45.4% 43.5% 47.3% 2

Countries ranked near South Africa

  1. 53 Republic of Moldova 50.5% compare
  2. 54 North Macedonia 49.9% compare
  3. 55 Croatia 49.0% compare
  4. 57 Bosnia and Herzegovina 44.2% compare
  5. 58 Ecuador 44.2% compare
  6. 59 Venezuela, Bolivarian Republic of 43.5% compare

See the full ranking of 95 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is owns a debit card, young in South Africa?
Owns a debit card, young in South Africa was 47.3% in 2024, according to Global Findex database.
What is the highest owns a debit card, young recorded in South Africa?
The highest recorded value was 47.3% in 2024.
What is the lowest owns a debit card, young recorded in South Africa?
The lowest recorded value was 25.9% in 2017.
How does South Africa rank for owns a debit card, young?
South Africa ranks 56th out of 87 countries with data for 2024.
Is owns a debit card, young rising or falling in South Africa?
Over the last ten years it is up 20.1%. 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 Owns a debit card, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Owns a debit card, young in South Africa. Statizoid, drawing on Global Findex database. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/owns-a-debit-card-young-percent-ages-15-24/south-africa/

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About this data

Indicator
Owns a debit card, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 475 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a debit card, young (% ages 15-24)