Bank branches — all countries

Bank branches — South Africa

Bank branches in South Africa in 2024 — 7.98 per 100k. Ranked 106 in the world out of 153. Since 2004, the indicator has risen by 75.5%.

2024 7.98 per 100k −1.3% vs 2023
World rank 106of 153
Period maximum 10.5 per 100k2014
Period minimum 4.55 per 100k2004

Trend over time

2004–2024 · per 100,000 adults

Bank branches — South Africa, 2004–20244681012200420062008201020122014201620182020202220242004: 4.55 per 100k2005: 6.79 per 100k2006: 7.02 per 100k2007: 5.72 per 100k2008: 7.47 per 100k2009: 8.83 per 100k2010: 9.52 per 100k2011: 9.98 per 100k2012: 9.66 per 100k2013: 9.79 per 100k2014: 10.5 per 100k2015: 10.04 per 100k2016: 9.82 per 100k2017: 10.16 per 100k2018: 9.84 per 100k2019: 9.23 per 100k2020: 8.81 per 100k2021: 8.89 per 100k2022: 8.48 per 100k2023: 8.08 per 100k2024: 7.98 per 100k
Change over the period: +3.43 (+75.47%) Average annual rate: 2.85 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Africa

South Africa 7.98 per 100k
World 11.12 per 100k
Sub-Saharan Africa 4.01 per 100k
Southern Africa computed 7.8 per 100k
Upper-middle-income countries computed 10.22 per 100k
Bank branches — South Africa, by year South Africa All countries CSV XLSX
Year per 100k Change Change, %
2024 7.98 −0.11 −1.3%
2023 8.08 −0.39 −4.64%
2022 8.48 −0.42 −4.68%
2021 8.89 +0.09 +1%
2020 8.81 −0.42 −4.57%
2019 9.23 −0.62 −6.28%
2018 9.84 −0.31 −3.08%
2017 10.16 +0.33 +3.4%
2016 9.82 −0.21 −2.12%
2015 10.04 −0.46 −4.37%
2014 10.5 +0.71 +7.22%
2013 9.79 +0.13 +1.33%
2012 9.66 −0.32 −3.16%
2011 9.98 +0.46 +4.79%
2010 9.52 +0.69 +7.82%
2009 8.83 +1.36 +18.25%
2008 7.47 +1.75 +30.53%
2007 5.72 −1.3 −18.5%
2006 7.02 +0.22 +3.3%
2005 6.79 +2.25 +49.44%
2004 4.55

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.

Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.

Source: World Development Indicators (World Bank), license CC BY 4.0.