24Peaks / Africa / South Africa / Financial Institution Account (% age 15+)

South Africa - Financial Institution Account (% age 15+) 78.4

World Bank Global Findex · updated 2026-10-03 · 167 economies tracked

Latest value

78.4 (2024)

Global rank

#n/a of 167 economies

Share of global total

0.9%

Growth since 2011

1.46×

Ranking Race — Financial Institution Account (% age 15+)

1 = global #1 · higher value ranks higher

#1#12#23#34#45#56201120212024#58#602014 overtook Bosnia and Herzegovina2021 overtook Namibia
South AfricaIcelandFinlandAustriaUnited Kingdom

Real annual global ranks, 2011 - 2024. South Africa climbed from #58 to #60 (overtook Bosnia and Herzegovina). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

2014
Overtook Bosnia and Herzegovina in global rank auto
2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2020
COVID-19 recession curated

Deepest contraction in a century.

2021
Overtook Namibia in global rank auto
2021
Climbed 15 places in global rank auto

Financial Institution Account (% age 15+), 2011-2024

World Bank Global Findex · % age 15+ · linear scale · ranking in the race above
20112021202453.663.7773.9384.1

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