Bank assets as a share of GDP reached 133 % in 2020 in South Africa, according to the National Central Bank. This is 14.2 % more than in the previous year.
Historically, bank assets as a share of GDP in South Africa reached an all time high of 135 % in 2008 and an all time low of % in. When compared to South Africa's main peers, bank assets as a share of GDP in Botswana amounted to 0.058 %, 0.059 % in Lesotho and 83.0 % in Namibia in 2020.
South Africa has been ranked 10th within the group of 53 countries we follow in terms of bank assets as a share of GDP, 34 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.