South Africa Bank Account Ownership (% of Population 15+) (2024)
South Africa's Bank Account Ownership (% of Population 15+): 81.1 % of adults (15+) in 2024, -4.3pp vs 2021. World Bank (FX.OWN.TOTL.ZS), 2011–2024.
South Africa (2024)
81.1
% of adults (15+)
-4.3pp vs 2021
Change vs. prior observation
-4.3pp
percentage points
Trend
down
Series length
5
years of data
Data
| Year | % of adults (15+) | Change |
|---|---|---|
| 2024 | 81.1 | -4.3pp |
| 2021 | 85.4 | +16.2pp |
| 2017 | 69.2 | -1.1pp |
| 2014 | 70.3 | +16.7pp |
| 2011 | 53.6 | n/a |
About this Dataset
South Africa recorded 81.1 % of adults (15+) in 2024. The latest change was -4.3pp. Across 2011–2024 the series ranges from 53.6 in 2011 to 85.4 in 2021.
This page tracks the share of adults (15+) with a bank or mobile money account in South Africa. Based on the World Bank Global Findex database (triennial survey). Account ownership is the gateway to the formal financial system.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks the share of adults (15+) with a bank or mobile money account in South Africa. Based on the World Bank Global Findex database (triennial survey). Account ownership is the gateway to the formal financial system. It is published by World Bank and updated every 3 years.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 2011–2024 (5 observations).
The series peaked at 85.4 % of adults (15+) in 2021 and reached its lowest recorded value of 53.6 in 2011. The latest reading of 81.1 in 2024 represents a change of -4.3pp.