Mobile Money Transaction Value Statistics in South Africa (2026)
South Africa recorded annual mobile money transaction value of 0% of GDP in 2024, IMF Financial Access Survey data show. Down from 0.1% of GDP in 2023 to 0% of GDP in 2024 (−0.1 percentage points). South Africa ranks #34 of 34 economies in Sub-Saharan Africa on this measure, and #66 of 66 globally.
Key Statistics
- Latest value (2024)
- 0% of GDP (2024)
- Mobile Money Transaction Value in South Africa as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −0.1 pp (2024)
- Down from 0.1% of GDP in 2023 to 0% of GDP in 2024 (−0.1 percentage points).
- Earliest value in this dataset (2013)
- 0% of GDP (2013)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 0% of GDP in 2013 to 0% of GDP in 2024.
- Peak value (2023)
- 0.1% of GDP (2023)
- Highest value in the available series; the 2024 value is 0% of GDP.
- Rank in Sub-Saharan Africa
- #34 of 34 (2024)
- South Africa ranks 34 of 34 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #66 of 66 (2024)
- South Africa ranks 66 of 66 countries with data globally.
- Sub-Saharan Africa average
- 66.1% of GDP (2024)
- South Africa (0% of GDP) is below the average of 66.1% of GDP across the 34 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 0% of GDP (2026)
- Projection based on 10-year trend (CAGR -13.3%); not an official figure.
- Internet use in South Africa (2024)
- 78.4% (2024)
- 78.4% of the population in South Africa used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 64 million (2024)
- South Africa had a population of 64 million in 2024 (World Bank); shown for scale only.
Trend, 2013–2024
| Year | % of GDP (annual flow) | Change |
|---|---|---|
| 2024 | 0% | −0.1 pp |
| 2023 | 0.1% | +0.1 pp |
| 2022 | 0% | +0.0 pp |
| 2021 | 0% | +0.0 pp |
| 2020 | 0% | −0.0 pp |
| 2016 | 0% | −0.0 pp |
| 2015 | 0% | −0.0 pp |
| 2014 | 0% | +0.0 pp |
| 2013 | 0% | — |
Frequently asked questions
What is the latest figure for annual mobile money transaction value in South Africa?
Annual mobile money transaction value in South Africa stood at 0% of GDP in 2024, according to IMF Financial Access Survey data.
How has mobile money transaction value in South Africa changed over time?
IMF Financial Access Survey data show a decline from 0% of GDP in 2013 to 0% of GDP in 2024.
How does South Africa compare with other countries in Sub-Saharan Africa?
South Africa ranks 34 of 34 countries in Sub-Saharan Africa with data, with 0% of GDP versus a regional average of 66.1% of GDP (latest values per country).
Where does South Africa rank globally on mobile money transaction value?
South Africa ranks 66 of 66 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
Source & methodology
Source: IMF Financial Access Survey, indicator
FA65.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .