Account in South Africa
South Africa: Account was 81.1% in 2024. ▲ Rising
Account in South Africa, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, account in South Africa stood at 81.1%.
Compared with earlier readings it is down 5.0% on the previous year and up 15.4% over ten years.
Over the whole period, account in South Africa peaked at 85.4% in 2021 and was at its lowest, 53.6%, in 2011.
South Africa ranks 56th of 116 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 64.4% | 53.6% | 70.3% | 3 |
| 2020s | 83.3% | 81.1% | 85.4% | 2 |
Countries ranked near South Africa
More reference data data for South Africa
- Number of child deaths per woman 0.0792 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 2.22 live births per woman (2023)
- Fertility rate: births per woman 2.22 live births per woman (2023)
- Fertility rate: births per woman 2.22 live births per woman (2023)
- Human Development Index 0.741 (2023)
- Rule of Law - Governance estimate 0.0177 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 57.27 0-100 (2024)
- Voice and Accountability - Governance estimate 0.6073 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 67.48 0-100 (2024)
- Political Stability - Governance score 55.35 0-100 (2024)
Frequently asked questions
- What is account in South Africa?
- Account in South Africa was 81.1% in 2024, according to Global Findex Database.
- What is the highest account recorded in South Africa?
- The highest recorded value was 85.4% in 2021.
- What is the lowest account recorded in South Africa?
- The lowest recorded value was 53.6% in 2011.
- How does South Africa rank for account?
- South Africa ranks 56th out of 116 countries with data for 2024.
- Is account rising or falling in South Africa?
- Over the last ten years it is up 15.4%. 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 Account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)