Saved at a bank or similar financial institution in South Africa
South Africa: Saved at a bank or similar financial institution was 32.0% in 2024. ▲ Rising
Saved at a bank or similar financial institution in South Africa, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for saved at a bank or similar financial institution in South Africa is 32.0%, measured in 2024.
Compared with earlier readings it is down 14.1% on the previous year and down 2.3% over ten years.
Over the whole period, saved at a bank or similar financial institution in South Africa peaked at 37.2% in 2021 and was at its lowest, 22.1%, in 2011.
South Africa ranks 14th of 80 countries on this measure, in the top quarter.
Saved at a bank or similar financial institution in South Africa, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 22.1% | — |
| 2014 | 32.7% | +48.2% |
| 2017 | 22.1% | -32.5% |
| 2021 | 37.2% | +68.4% |
| 2024 | 32.0% | -14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.6% | 22.1% | 32.7% | 3 |
| 2020s | 34.6% | 32.0% | 37.2% | 2 |
Countries ranked near South Africa
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 saved at a bank or similar financial institution in South Africa?
- Saved at a bank or similar financial institution in South Africa was 32.0% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in South Africa?
- The highest recorded value was 37.2% in 2021.
- What is the lowest saved at a bank or similar financial institution recorded in South Africa?
- The lowest recorded value was 22.1% in 2011.
- How does South Africa rank for saved at a bank or similar financial institution?
- South Africa ranks 14th out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in South Africa?
- Over the last ten years it is down 2.3%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)