Depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries)
Sub-Saharan Africa (IDA & IBRD countries): Depositors with commercial banks was 457.24 per 1,000 adults in 2024. ◆ Volatile
Depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries), 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Sub-Saharan Africa (IDA & IBRD countries) recorded 457.24 per 1,000 adults for depositors with commercial banks in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 216.3% over ten years.
Over the whole period, depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries) peaked at 457.24 per 1,000 adults in 2024 and was at its lowest, 63.13 per 1,000 adults, in 2006.
Sub-Saharan Africa (IDA & IBRD countries) ranks 24th of 35 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries), year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2006 | 63.13 per 1,000 adults | — |
| 2007 | 68.67 per 1,000 adults | +8.8% |
| 2008 | 87.56 per 1,000 adults | +27.5% |
| 2009 | 93.96 per 1,000 adults | +7.3% |
| 2010 | 127.14 per 1,000 adults | +35.3% |
| 2011 | 125.35 per 1,000 adults | -1.4% |
| 2012 | 134.08 per 1,000 adults | +7.0% |
| 2013 | 138.86 per 1,000 adults | +3.6% |
| 2014 | 144.57 per 1,000 adults | +4.1% |
| 2015 | 144.88 per 1,000 adults | +0.2% |
| 2016 | 176.44 per 1,000 adults | +21.8% |
| 2017 | 187.42 per 1,000 adults | +6.2% |
| 2018 | 214.02 per 1,000 adults | +14.2% |
| 2019 | 220.28 per 1,000 adults | +2.9% |
| 2020 | 206.16 per 1,000 adults | -6.4% |
| 2021 | 269.68 per 1,000 adults | +30.8% |
| 2022 | 312.3 per 1,000 adults | +15.8% |
| 2023 | 437.68 per 1,000 adults | +40.1% |
| 2024 | 457.24 per 1,000 adults | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.33 per 1,000 adults | 63.13 per 1,000 adults | 93.96 per 1,000 adults | 4 |
| 2010s | 161.3 per 1,000 adults | 125.35 per 1,000 adults | 220.28 per 1,000 adults | 10 |
| 2020s | 336.61 per 1,000 adults | 206.16 per 1,000 adults | 457.24 per 1,000 adults | 5 |
Countries ranked near Sub-Saharan Africa (IDA & IBRD countries)
More financial sector data for Sub-Saharan Africa (IDA & IBRD countries)
- Net migration -223,909 (2025)
- Total reserves in months of imports 6.46 (2025)
- Broad money 38.7% (2023)
- Claims on central government, etc. 12.2% (2022)
- Domestic credit to private sector 29.4% (2022)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 20.18 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 22.9% (2022)
- Net migration, annual growth rate 67.11 % change on previous year (2025)
Frequently asked questions
- What is depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries)?
- Depositors with commercial banks in Sub-Saharan Africa (IDA & IBRD countries) was 457.24 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The highest recorded value was 457.24 per 1,000 adults in 2024.
- What is the lowest depositors with commercial banks recorded in Sub-Saharan Africa (IDA & IBRD countries)?
- The lowest recorded value was 63.13 per 1,000 adults in 2006.
- How does Sub-Saharan Africa (IDA & IBRD countries) rank for depositors with commercial banks?
- Sub-Saharan Africa (IDA & IBRD countries) ranks 24th out of 35 groups with data for 2024.
- Is depositors with commercial banks rising or falling in Sub-Saharan Africa (IDA & IBRD countries)?
- Over the last ten years it is up 216.3%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (IDA & IBRD countries) data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.