The debit card penetration in Africa was forecast to continuously increase between 2024 and 2029 by in total 0.8 percentage points. After the fifteenth consecutive increasing year, the debit card penetration is estimated to reach 22.54 percent and therefore a new peak in 2029. Notably, the debit card penetration of was continuously increasing over the past years.The penetration rate refers to the share of the total population who use debit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the debit card penetration in countries like Australia & Oceania and North America.

The debit card penetration in South Africa was forecast to continuously increase between 2024 and 2029 by in total 2.7 percentage points. After the twelfth consecutive increasing year, the debit card penetration is estimated to reach 64.4 percent and therefore a new peak in 2029. The penetration rate refers to the share of the total population who use debit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the debit card penetration in countries like Lesotho and Botswana.