In 2020, financial services in Africa generated revenue of around 150 billion U.S. dollars. The value increased by approximately 40 billion U.S. dollars compared to 2015. As the continent's financial services expand, revenue is forecast to increase in the coming years. By 2025, the value could reach 230 billion U.S. dollars.
Revenue of financial services in Africa from 2015 to 2025
(in billion U.S. dollars)
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McKinsey & Company. (August 30, 2022). Revenue of financial services in Africa from 2015 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 05, 2025, from https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/
McKinsey & Company. "Revenue of financial services in Africa from 2015 to 2025 (in billion U.S. dollars)." Chart. August 30, 2022. Statista. Accessed January 05, 2025. https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/
McKinsey & Company. (2022). Revenue of financial services in Africa from 2015 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 05, 2025. https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/
McKinsey & Company. "Revenue of Financial Services in Africa from 2015 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/
McKinsey & Company, Revenue of financial services in Africa from 2015 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/ (last visited January 05, 2025)
Revenue of financial services in Africa from 2015 to 2025 (in billion U.S. dollars) [Graph], McKinsey & Company, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1347724/financial-services-revenue-in-africa/