Adjusted savings: gross savings in South Africa
South Africa: Adjusted savings: gross savings was 67.81 billion current US$ in 2021. ◆ Volatile
Latest (2021)
67.81 billion current US$
Change on year
up 41.0%
World rank
41st
of 178 countries
All-time high
73.78 billion current US$
in 2011
All-time low
5.90 billion current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: gross savings in South Africa, 1970–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
South Africa recorded 67.81 billion current US$ for adjusted savings: gross savings in 2021.
That represents a change of up 41.0% on the previous year and down 8.1% over ten years.
Over the whole period, adjusted savings: gross savings in South Africa peaked at 73.78 billion current US$ in 2011 and was at its lowest, 5.90 billion current US$, in 1970.
That places South Africa 41st out of 178 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 5.90 billion current US$ | — |
| 1971 | 6.17 billion current US$ | +4.5% |
| 1972 | 6.64 billion current US$ | +7.6% |
| 1973 | 10.12 billion current US$ | +52.5% |
| 1974 | 13.35 billion current US$ | +31.9% |
| 1975 | 11.39 billion current US$ | -14.7% |
| 1976 | 10.60 billion current US$ | -6.9% |
| 1977 | 11.78 billion current US$ | +11.2% |
| 1978 | 13.67 billion current US$ | +16.0% |
| 1979 | 17.52 billion current US$ | +28.1% |
| 1980 | 26.95 billion current US$ | +53.8% |
| 1981 | 24.51 billion current US$ | -9.0% |
| 1982 | 20.03 billion current US$ | -18.3% |
| 1983 | 21.58 billion current US$ | +7.7% |
| 1984 | 17.99 billion current US$ | -16.6% |
| 1985 | 13.70 billion current US$ | -23.8% |
| 1986 | 14.67 billion current US$ | +7.1% |
| 1987 | 17.68 billion current US$ | +20.5% |
| 1988 | 19.00 billion current US$ | +7.5% |
| 1989 | 20.52 billion current US$ | +8.0% |
| 1990 | 18.32 billion current US$ | -10.7% |
| 1991 | 20.17 billion current US$ | +10.1% |
| 1992 | 21.70 billion current US$ | +7.6% |
| 1993 | 23.28 billion current US$ | +7.3% |
| 1994 | 23.60 billion current US$ | +1.3% |
| 1995 | 28.72 billion current US$ | +21.7% |
| 1996 | 25.58 billion current US$ | -10.9% |
| 1997 | 25.13 billion current US$ | -1.7% |
| 1998 | 22.60 billion current US$ | -10.1% |
| 1999 | 21.84 billion current US$ | -3.4% |
| 2000 | 22.93 billion current US$ | +5.0% |
| 2001 | 19.99 billion current US$ | -12.8% |
| 2002 | 23.17 billion current US$ | +15.9% |
| 2003 | 36.22 billion current US$ | +56.4% |
| 2004 | 43.44 billion current US$ | +19.9% |
| 2005 | 51.12 billion current US$ | +17.7% |
| 2006 | 55.02 billion current US$ | +7.6% |
| 2007 | 56.65 billion current US$ | +3.0% |
| 2008 | 51.60 billion current US$ | -8.9% |
| 2009 | 57.30 billion current US$ | +11.0% |
| 2010 | 71.55 billion current US$ | +24.9% |
| 2011 | 73.78 billion current US$ | +3.1% |
| 2012 | 58.63 billion current US$ | -20.5% |
| 2013 | 55.47 billion current US$ | -5.4% |
| 2014 | 52.15 billion current US$ | -6.0% |
| 2015 | 49.54 billion current US$ | -5.0% |
| 2016 | 46.23 billion current US$ | -6.7% |
| 2017 | 54.33 billion current US$ | +17.5% |
| 2018 | 53.49 billion current US$ | -1.5% |
| 2019 | 51.62 billion current US$ | -3.5% |
| 2020 | 48.11 billion current US$ | -6.8% |
| 2021 | 67.81 billion current US$ | +41.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.71 billion current US$ | 5.90 billion current US$ | 17.52 billion current US$ | 10 |
| 1980s | 19.66 billion current US$ | 13.70 billion current US$ | 26.95 billion current US$ | 10 |
| 1990s | 23.09 billion current US$ | 18.32 billion current US$ | 28.72 billion current US$ | 10 |
| 2000s | 41.74 billion current US$ | 19.99 billion current US$ | 57.30 billion current US$ | 10 |
| 2010s | 56.68 billion current US$ | 46.23 billion current US$ | 73.78 billion current US$ | 10 |
| 2020s | 57.96 billion current US$ | 48.11 billion current US$ | 67.81 billion current US$ | 2 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Services, value added (constant LCU), per capita 48,868 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8998 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 5,937 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.79 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 16.1 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 106,203 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: gross savings in South Africa?
- Adjusted savings: gross savings in South Africa was 67.81 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in South Africa?
- The highest recorded value was 73.78 billion current US$ in 2011.
- What is the lowest adjusted savings: gross savings recorded in South Africa?
- The lowest recorded value was 5.90 billion current US$ in 1970.
- How does South Africa rank for adjusted savings: gross savings?
- South Africa ranks 41st out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in South Africa?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.