South Africa (2024)
123.4
% of GDP
+4.9pp YoY
YoY Change
+4.9pp
percentage points
Trend
up
Series length
50
years of data

Data

South Africa Domestic Credit to Private Sector (% of GDP) (2024) — source data. World Bank.
Year % of GDP YoY Change
2024 123.4 +4.9pp
2023 118.5 unchanged
2022 118.5 -3.6pp
2021 122.1 -18.2pp
2020 140.3 -5.1pp
2019 145.4 -0.2pp
2018 145.6 -8.3pp
2017 153.9 +3.3pp
2016 150.6 +0.4pp
2015 150.2 -5.8pp
2014 156 +3.4pp
2013 152.6 +0.1pp
2012 152.5 +8.4pp
2011 144.1 -8.7pp
2010 152.8 -0.2pp
2009 153 +2.2pp
2008 150.8 -20.6pp
2007 171.4 +0.9pp
2006 170.5 +12.8pp
2005 157.7 +8.3pp

About this Dataset

South Africa recorded 123.4 % of GDP in 2024. The latest change was +4.9pp. Across 1974–2024 the series ranges from 68.8 in 1980 to 171.4 in 2007.

This page tracks domestic credit extended to the private sector as a share of GDP in South Africa from 1990 to present. This is the standard measure of financial deepening and bank credit intermediation depth.

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 domestic credit extended to the private sector as a share of GDP in South Africa from 1990 to present. This is the standard measure of financial deepening and bank credit intermediation depth. It is published by World Bank and updated annually.

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 1974–2024 (50 observations).

The series peaked at 171.4 % of GDP in 2007 and reached its lowest recorded value of 68.8 in 1980. The latest reading of 123.4 in 2024 represents a change of +4.9pp.