South Africa: Percent people with bank accounts

* indicates monthly or quarterly data series
 South Africa

People with bank accounts, percent of the population over 14 years of age

 Latest value 84.11
 Year 2021
 Measure percent
 Data availability 2011 - 2021
 Average 68.49
 Min - Max 53.65 - 84.11
 Source The World Bank
The latest value from 2021 is 84.11 percent, an increase from 67.44 percent in 2017. In comparison, the world average is 65.76 percent, based on data from 121 countries. Historically, the average for South Africa from 2011 to 2021 is 68.49 percent. The minimum value, 53.65 percent, was reached in 2011 while the maximum of 84.11 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
South Africa - Percent people with bank accounts  - Recent values chart




Definition: The percentage of respondents with an account (self or together with someone else) at a bank, credit union, another financial institution (e.g., cooperative, microfinance institution), or the post office (if applicable) including respondents who reported having a debit card (% age 15+).

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 ATMs per 100,000 adults 43.55 2021 ATMs per 100,000 adults
 Bank branches per 100,000 people 38.66 2021 bank branches
 Firms using credit to finance investment 15.40 2020 percent
 Small firms with bank credit 5.60 2020 percent
 Percent people with credit cards 10.01 2021 percent
 Percent people with debit cards 58.87 2021 percent
 Domestic credit to the private sector 112.00 2020 percent
 Bank credit to the private sector 57.62 2023 percent
 Liquid liabilities, percent of GDP 69.94 2021 percent
 Bank assets to GDP 74.29 2021 percent
 Financial system deposits, percent of GDP 60.38 2021 percent
 Bank credit to government 16.94 2020 percent
 Banking system concentration 79.45 2021 percent
 Foreign bank assets 23.00 2013 percent of total bank assets
 Percent people with bank accounts 84.11 2021 percent
This site uses cookies.
Learn more here


OK