Commercial bank branches in South Africa
South Africa: Commercial bank branches was 7.98 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in South Africa, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
In 2024, commercial bank branches in South Africa stood at 7.98 per 100,000 adults.
That represents a change of down 1.3% on the previous year and down 24.0% over ten years.
Over the whole period, commercial bank branches in South Africa peaked at 10.5 per 100,000 adults in 2014 and was at its lowest, 4.55 per 100,000 adults, in 2004.
That places South Africa 120th out of 186 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Commercial bank branches in South Africa, year by year
| Year | per 100,000 adults | Change |
|---|---|---|
| 2004 | 4.55 per 100,000 adults | — |
| 2005 | 6.79 per 100,000 adults | +49.4% |
| 2006 | 7.02 per 100,000 adults | +3.3% |
| 2007 | 5.72 per 100,000 adults | -18.5% |
| 2008 | 7.47 per 100,000 adults | +30.5% |
| 2009 | 8.83 per 100,000 adults | +18.2% |
| 2010 | 9.52 per 100,000 adults | +7.8% |
| 2011 | 9.98 per 100,000 adults | +4.8% |
| 2012 | 9.66 per 100,000 adults | -3.2% |
| 2013 | 9.79 per 100,000 adults | +1.3% |
| 2014 | 10.5 per 100,000 adults | +7.2% |
| 2015 | 10.04 per 100,000 adults | -4.4% |
| 2016 | 9.82 per 100,000 adults | -2.1% |
| 2017 | 10.16 per 100,000 adults | +3.4% |
| 2018 | 9.84 per 100,000 adults | -3.1% |
| 2019 | 9.23 per 100,000 adults | -6.3% |
| 2020 | 8.81 per 100,000 adults | -4.6% |
| 2021 | 8.89 per 100,000 adults | +1.0% |
| 2022 | 8.48 per 100,000 adults | -4.7% |
| 2023 | 8.08 per 100,000 adults | -4.6% |
| 2024 | 7.98 per 100,000 adults | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.73 per 100,000 adults | 4.55 per 100,000 adults | 8.83 per 100,000 adults | 6 |
| 2010s | 9.85 per 100,000 adults | 9.23 per 100,000 adults | 10.5 per 100,000 adults | 10 |
| 2020s | 8.45 per 100,000 adults | 7.98 per 100,000 adults | 8.89 per 100,000 adults | 5 |
Countries ranked near South Africa
More financial sector data for South Africa
- Net domestic credit (current LCU), per capita 95,301 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 14.44 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.21 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 141.22 million SDR (2025)
- Gold reserves at market value 12.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 37.46 billion SDR (2025)
- Reserves excluding gold 42.64 billion SDR (2025)
- Total reserves (gold at market value) 55.51 billion SDR (2025)
- Total reserves (gold at national valuation) 55.42 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 855.88 SDR per person (2025)
Frequently asked questions
- What is commercial bank branches in South Africa?
- Commercial bank branches in South Africa was 7.98 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in South Africa?
- The highest recorded value was 10.5 per 100,000 adults in 2014.
- What is the lowest commercial bank branches recorded in South Africa?
- The lowest recorded value was 4.55 per 100,000 adults in 2004.
- How does South Africa rank for commercial bank branches?
- South Africa ranks 120th out of 186 countries with data for 2024.
- Is commercial bank branches rising or falling in South Africa?
- Over the last ten years it is down 24.0%. 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, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.