Annual broad money growth in South Africa
South Africa: Annual broad money growth was 6.7% in 2024. ◆ Volatile
Annual broad money growth in South Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual broad money growth in South Africa stood at 6.7%.
That represents a change of down 11.6% on the previous year and down 7.8% over ten years.
Over the whole period, annual broad money growth in South Africa peaked at 23.9% in 2007 and was at its lowest, 1.8%, in 2009.
That places South Africa 94th out of 147 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.2% | — |
| 2001 | 20.2% | +179.8% |
| 2002 | 18.3% | -9.4% |
| 2003 | 13.4% | -27.0% |
| 2004 | 13.2% | -1.5% |
| 2005 | 20.7% | +57.4% |
| 2006 | 22.6% | +9.3% |
| 2007 | 23.9% | +5.8% |
| 2008 | 14.7% | -38.4% |
| 2009 | 1.8% | -88.1% |
| 2010 | 6.9% | +293.7% |
| 2011 | 8.3% | +20.3% |
| 2012 | 5.2% | -38.0% |
| 2013 | 5.9% | +14.4% |
| 2014 | 7.3% | +23.0% |
| 2015 | 10.3% | +41.8% |
| 2016 | 6.1% | -41.1% |
| 2017 | 6.4% | +5.7% |
| 2018 | 5.6% | -12.9% |
| 2019 | 6.1% | +9.1% |
| 2020 | 9.4% | +54.3% |
| 2021 | 5.7% | -39.4% |
| 2022 | 8.6% | +51.3% |
| 2023 | 7.6% | -12.1% |
| 2024 | 6.7% | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.6% | 1.8% | 23.9% | 10 |
| 2010s | 6.8% | 5.2% | 10.3% | 10 |
| 2020s | 7.6% | 5.7% | 9.4% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1225 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 808.52 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 2.19 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 14,463 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0949 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 626.22 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 7,985 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.53 % change on previous year (2025)
Frequently asked questions
- What is annual broad money growth in South Africa?
- Annual broad money growth in South Africa was 6.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in South Africa?
- The highest recorded value was 23.9% in 2007.
- What is the lowest annual broad money growth recorded in South Africa?
- The lowest recorded value was 1.8% in 2009.
- How does South Africa rank for annual broad money growth?
- South Africa ranks 94th out of 147 countries with data for 2024.
- Is annual broad money growth rising or falling in South Africa?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
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