Saudi Arabia vs South Africa: Account ownership at a financial institution or with a

Saudi Arabia
78.8%
in 2024
South Africa
81.1%
in 2024
Saudi Arabia rank
57th
South Africa rank
55th

Account ownership at a financial institution or with a over time

  • Saudi Arabia
  • South Africa
020406080201120172024

How they compare

South Africa currently reports 81.1% against 78.8% in Saudi Arabia, a difference of 2.3%.

The two have swapped places 2 times across 5 shared years of data; in 2011 it was South Africa ahead.

Saudi Arabia ranks 57th and South Africa ranks 55th of 117 countries.

South Africa has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Saudi Arabia South Africa Difference Ahead
2010s 62.5% 64.4% 1.9% South Africa
2020s 76.6% 83.3% 6.7% South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account ownership at a financial institution or with a, Saudi Arabia or South Africa?
South Africa, at 81.1% against 78.8% in Saudi Arabia as of 2024.
What is the difference in account ownership at a financial institution or with a between Saudi Arabia and South Africa?
2.3%, with South Africa ahead.
How many years of comparable data are there for Saudi Arabia and South Africa?
5 years are reported by both, from 2011 to 2024.
How do Saudi Arabia and South Africa rank globally for account ownership at a financial institution or with a?
Saudi Arabia ranks 57th and South Africa ranks 55th of 117 countries.
Where does this data come from?
Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Saudi Arabia vs South Africa: Account ownership at a financial institution or with a. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-8/saudi-arabia/south-africa/

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<a href="https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-8/saudi-arabia/south-africa/">Saudi Arabia vs South Africa: Account ownership at a financial institution or with a</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 645 data points, 2011–2024
Last refreshed

Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (% age 15+).