Bank branches per 100,000 adults in South Africa
South Africa: Bank branches per 100,000 adults was 38.66 in 2021. ▲ Rising
Bank branches per 100,000 adults in South Africa, 2004–2021
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
South Africa recorded 38.66 for bank branches per 100,000 adults in 2021.
That represents a change of down 15.0% on the previous year and down 33.8% over ten years.
Over the whole period, bank branches per 100,000 adults in South Africa peaked at 59.11 in 2014 and was at its lowest, 28.85, in 2004.
South Africa ranks 13th of 185 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Bank branches per 100,000 adults in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 28.85 | — |
| 2005 | 42.58 | +47.6% |
| 2006 | 43.55 | +2.3% |
| 2007 | 35.14 | -19.3% |
| 2008 | 45.4 | +29.2% |
| 2009 | 53.02 | +16.8% |
| 2010 | 56.36 | +6.3% |
| 2011 | 58.37 | +3.6% |
| 2012 | 55.82 | -4.4% |
| 2013 | 55.86 | +0.1% |
| 2014 | 59.11 | +5.8% |
| 2015 | 56 | -5.3% |
| 2016 | 53.57 | -4.3% |
| 2017 | 54.07 | +0.9% |
| 2018 | 51.92 | -4.0% |
| 2019 | 48.19 | -7.2% |
| 2020 | 45.49 | -5.6% |
| 2021 | 38.66 | -15.0% |
South Africa compared with similar countries
- South Africa's 38.66 is above the median for upper middle income countries, which is 14.09, 2.7× the median. (55 countries reporting)
- South Africa's 38.66 is above the median for Sub-Saharan Africa, which is 4.08, 9.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.42 | 28.85 | 53.02 | 6 |
| 2010s | 54.93 | 48.19 | 59.11 | 10 |
| 2020s | 42.07 | 38.66 | 45.49 | 2 |
Countries ranked near South Africa
- 10 Spain 45.53 compare
- 11 Uzbekistan 42.44 compare
- 12 Macao 39.49 compare
- 14 Italy 37.63 compare
- 15 Saint Kitts and Nevis 37.1 compare
- 16 Switzerland 37.03 compare
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is bank branches per 100,000 adults in South Africa?
- Bank branches per 100,000 adults in South Africa was 38.66 in 2021, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in South Africa?
- The highest recorded value was 59.11 in 2014.
- What is the lowest bank branches per 100,000 adults recorded in South Africa?
- The lowest recorded value was 28.85 in 2004.
- How does South Africa rank for bank branches per 100,000 adults?
- South Africa ranks 13th out of 185 countries with data for 2021.
- Is bank branches per 100,000 adults rising or falling in South Africa?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is rising.
- Where does this South Africa data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.