In March 2024, the credit card consumer default index (CDI) in South Africa was measured at 7.63 points. This represented a relative deterioration rate of around five percent from the previous year. In the period under review, the most notable improvement was recorded in March 2022 at 6.44 points, with a relative improvement rate of almost 23 percent.
Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024
According to the source, the Experian Consumer Default Index (CDI) regularly measures the default behavior of consumers in South Africa with Home Loan, Vehicle Loan, Personal Loan, Credit Card, and Retail Loan accounts. It tracks the marginal default rate, measuring the total of balances that are defaulted for the first time as a share of the overall sum of balances outstanding.
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Experian Information Solutions. (May 27, 2024). Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/
Experian Information Solutions. "Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024." Chart. May 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/
Experian Information Solutions. (2024). Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/
Experian Information Solutions. "Year-on-year Credit Card Consumer Default Index (Cdi) in South Africa from 2021 to 2024." Statista, Statista Inc., 27 May 2024, https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/
Experian Information Solutions, Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024 Statista, https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/ (last visited November 21, 2024)
Year-on-year credit card consumer default index (CDI) in South Africa from 2021 to 2024 [Graph], Experian Information Solutions, May 27, 2024. [Online]. Available: https://www.statista.com/statistics/1473794/credit-card-consumer-default-index-in-south-africa/
