Sub-Saharan Africa (excluding high income): Depositors with commercial banks (per 1,000 adults)

Key figures

What the numbers say

In 2024, Sub-Saharan Africa (excluding high income)'s depositors with commercial banks (per 1,000 adults) rose 19.57 on 2023 (from 437.67 to 457.24).

Across the 17 yearly changes before that (2007 to 2023), the average change was +22.03 and a typical year strayed about 32.64 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 125.38 in 2023 and the biggest yearly fall was 14.12 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 32.83 a year. A straight line explains 84% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

What this measures

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.

Limitations: For many countries data cover the total number of deposit accounts due to lack of information on account holders.

Regional and income-group figures are computed by the World Bank as a median.

All 19 values

Depositors with commercial banks (per 1,000 adults) in nearby economies

• Afghanistan — 199.74 (2019)
• Djibouti — 160.11 (2024)
• Egypt, Arab Rep. — 420.76 (2024)
• Israel — 1,098 (2024)
• Kuwait — 1,252 (2024)
• Lebanon — 440.82 (2024)
• Malta — 1,449 (2024)
• Pakistan — 617.49 (2024)
• Qatar — 956.65 (2021)
• Saudi Arabia

More financial sector data for Sub-Saharan Africa (excluding high income)

• Inflation, GDP deflator (annual % growth) — 4.3% (2025)
• Broad money (% of GDP) — 42.55% (2025)
• Domestic credit to private sector by banks (% of GDP) — 24.71% (2023)
• Monetary sector credit to private sector (% of GDP) — 24.81% (2023)
• Claims on central government, etc. (% of GDP) — 12.88% (2023)
• Domestic credit to private sector (% of GDP) — 31.68% (2023)
• Stocks traded, turnover ratio of domestic shares (%) — 23.74% (2024)
• Inflation, consumer prices (annual % growth)

Reading data like this

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Questions people ask

What is Sub-Saharan Africa (excluding high income)'s depositors with commercial banks (per 1,000 adults)?

457.24 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 624.28% from 63.13 in 2006 (11.63% a year on average, compounded). The highest value was 457.24 in 2024 and the lowest 63.13 in 2006.

Is the latest change in depositors with commercial banks (per 1,000 adults) unusual for Sub-Saharan Africa (excluding high income)?

In 2024, Sub-Saharan Africa (excluding high income)'s depositors with commercial banks (per 1,000 adults) rose 19.57 on 2023 (from 437.67 to 457.24). Across the 17 yearly changes before that (2007 to 2023), the average change was +22.03 and a typical year strayed about 32.64 from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FB.CBK.DPTR.P3, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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