24Peaks / Africa / South Africa / Borrowed Any Money (% age 15+)

South Africa - Borrowed Any Money (% age 15+) 57.1

World Bank Global Findex · updated 2026-10-03 · 164 economies tracked

Latest value

57.1 (2024)

Global rank

#n/a of 164 economies

Share of global total

1.0%

Growth since 2014

0.66×

Ranking Race — Borrowed Any Money (% age 15+)

1 = global #1 · higher value ranks higher

#1#14#27#40#53#66#7920142024#1#542021 overtook Spain
South AfricaUgandaSierra LeoneKenyaSenegal

Real annual global ranks, 2014 - 2024. South Africa climbed from #1 to #54 (overtook Spain). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2017
Fell 42 places in global rank auto
2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Overtook Spain in global rank auto
2021
Climbed 18 places in global rank auto

Borrowed Any Money (% age 15+), 2014-2024

World Bank Global Findex · % age 15+ · linear scale · ranking in the race above
2014202453.164.175.186.1

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