Adjusted savings: net national savings in South Africa
South Africa: Adjusted savings: net national savings was 14.44 billion current US$ in 2021. ◆ Volatile
Latest (2021)
14.44 billion current US$
Change on year
up 594.8%
World rank
56th
of 176 countries
All-time high
17.59 billion current US$
in 2006
All-time low
-2.95 billion current US$
in 2019
Years of data
52
1970–2021
Adjusted savings: net national savings in South Africa, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: net national savings in South Africa stood at 14.44 billion current US$.
Compared with earlier readings it is up 594.8% on the previous year and down 1.8% over ten years.
Over the whole period, adjusted savings: net national savings in South Africa peaked at 17.59 billion current US$ in 2006 and was at its lowest, -2.95 billion current US$, in 2019.
That places South Africa 56th out of 176 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.53 billion current US$ | — |
| 1971 | 3.44 billion current US$ | -2.8% |
| 1972 | 3.63 billion current US$ | +5.6% |
| 1973 | 6.23 billion current US$ | +71.6% |
| 1974 | 8.53 billion current US$ | +37.0% |
| 1975 | 5.72 billion current US$ | -33.0% |
| 1976 | 4.57 billion current US$ | -20.2% |
| 1977 | 4.85 billion current US$ | +6.2% |
| 1978 | 5.53 billion current US$ | +14.1% |
| 1979 | 7.57 billion current US$ | +36.8% |
| 1980 | 14.11 billion current US$ | +86.4% |
| 1981 | 10.66 billion current US$ | -24.4% |
| 1982 | 6.17 billion current US$ | -42.2% |
| 1983 | 5.55 billion current US$ | -9.9% |
| 1984 | 4.20 billion current US$ | -24.4% |
| 1985 | 2.54 billion current US$ | -39.5% |
| 1986 | 1.21 billion current US$ | -52.4% |
| 1987 | 622.09 million current US$ | -48.5% |
| 1988 | 1.30 billion current US$ | +109.5% |
| 1989 | 2.40 billion current US$ | +84.3% |
| 1990 | -2.19 billion current US$ | -191.4% |
| 1991 | -919.43 million current US$ | -58.1% |
| 1992 | -298.84 million current US$ | -67.5% |
| 1993 | 2.38 billion current US$ | -896.2% |
| 1994 | 2.24 billion current US$ | -6.0% |
| 1995 | 5.35 billion current US$ | +139.1% |
| 1996 | 3.89 billion current US$ | -27.3% |
| 1997 | 2.77 billion current US$ | -28.7% |
| 1998 | 1.89 billion current US$ | -31.7% |
| 1999 | 952.21 million current US$ | -49.6% |
| 2000 | 2.54 billion current US$ | +166.5% |
| 2001 | 1.86 billion current US$ | -26.9% |
| 2002 | 6.16 billion current US$ | +232.0% |
| 2003 | 10.84 billion current US$ | +76.1% |
| 2004 | 12.15 billion current US$ | +12.1% |
| 2005 | 16.37 billion current US$ | +34.7% |
| 2006 | 17.59 billion current US$ | +7.4% |
| 2007 | 15.01 billion current US$ | -14.6% |
| 2008 | 9.63 billion current US$ | -35.8% |
| 2009 | 12.01 billion current US$ | +24.7% |
| 2010 | 16.51 billion current US$ | +37.4% |
| 2011 | 14.69 billion current US$ | -11.0% |
| 2012 | 1.55 billion current US$ | -89.4% |
| 2013 | 777.73 million current US$ | -49.9% |
| 2014 | -467.67 million current US$ | -160.1% |
| 2015 | 1.56 billion current US$ | -434.5% |
| 2016 | 360.00 million current US$ | -77.0% |
| 2017 | 1.97 billion current US$ | +447.8% |
| 2018 | -2.61 billion current US$ | -232.1% |
| 2019 | -2.95 billion current US$ | +13.1% |
| 2020 | -2.92 billion current US$ | -1.0% |
| 2021 | 14.44 billion current US$ | -594.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.36 billion current US$ | 3.44 billion current US$ | 8.53 billion current US$ | 10 |
| 1980s | 4.88 billion current US$ | 622.09 million current US$ | 14.11 billion current US$ | 10 |
| 1990s | 1.60 billion current US$ | -2.19 billion current US$ | 5.35 billion current US$ | 10 |
| 2000s | 10.42 billion current US$ | 1.86 billion current US$ | 17.59 billion current US$ | 10 |
| 2010s | 3.14 billion current US$ | -2.95 billion current US$ | 16.51 billion current US$ | 10 |
| 2020s | 5.76 billion current US$ | -2.92 billion current US$ | 14.44 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)
- Industry (including construction), value added (constant 2015 US$) -1.57 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1684 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,111 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.57 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 2.15 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 14,168 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6307 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in South Africa?
- Adjusted savings: net national savings in South Africa was 14.44 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in South Africa?
- The highest recorded value was 17.59 billion current US$ in 2006.
- What is the lowest adjusted savings: net national savings recorded in South Africa?
- The lowest recorded value was -2.95 billion current US$ in 2019.
- How does South Africa rank for adjusted savings: net national savings?
- South Africa ranks 56th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in South Africa?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.