Gross savings in South Africa
South Africa: Gross savings was 986.33 billion current LCU in 2025. ◆ Volatile
Latest (2025)
986.33 billion current LCU
Change on year
down 1.2%
World rank
63rd
of 177 countries
All-time high
1.04 trillion current LCU
in 2023
All-time low
1.74 billion current LCU
in 1960
Years of data
66
1960–2025
Gross savings in South Africa, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
South Africa recorded 986.33 billion current LCU for gross savings in 2025.
Compared with earlier readings it is down 1.2% on the previous year and up 56.1% over ten years.
Over the whole period, gross savings in South Africa peaked at 1.04 trillion current LCU in 2023 and was at its lowest, 1.74 billion current LCU, in 1960.
That places South Africa 63rd out of 177 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 1.74 billion current LCU | — |
| 1961 | 1.88 billion current LCU | +8.3% |
| 1962 | 2.05 billion current LCU | +8.8% |
| 1963 | 2.39 billion current LCU | +16.9% |
| 1964 | 2.52 billion current LCU | +5.1% |
| 1965 | 2.83 billion current LCU | +12.3% |
| 1966 | 3.08 billion current LCU | +9.0% |
| 1967 | 3.63 billion current LCU | +17.7% |
| 1968 | 3.73 billion current LCU | +2.8% |
| 1969 | 4.09 billion current LCU | +9.9% |
| 1970 | 4.22 billion current LCU | +3.0% |
| 1971 | 4.41 billion current LCU | +4.7% |
| 1972 | 5.10 billion current LCU | +15.7% |
| 1973 | 7.02 billion current LCU | +37.6% |
| 1974 | 9.07 billion current LCU | +29.2% |
| 1975 | 8.42 billion current LCU | -7.2% |
| 1976 | 9.21 billion current LCU | +9.4% |
| 1977 | 10.25 billion current LCU | +11.2% |
| 1978 | 11.89 billion current LCU | +16.0% |
| 1979 | 14.75 billion current LCU | +24.0% |
| 1980 | 20.99 billion current LCU | +42.3% |
| 1981 | 21.51 billion current LCU | +2.5% |
| 1982 | 21.75 billion current LCU | +1.1% |
| 1983 | 24.04 billion current LCU | +10.5% |
| 1984 | 26.54 billion current LCU | +10.4% |
| 1985 | 30.54 billion current LCU | +15.1% |
| 1986 | 33.52 billion current LCU | +9.8% |
| 1987 | 36.00 billion current LCU | +7.4% |
| 1988 | 43.20 billion current LCU | +20.0% |
| 1989 | 53.81 billion current LCU | +24.6% |
| 1990 | 47.40 billion current LCU | -11.9% |
| 1991 | 55.70 billion current LCU | +17.5% |
| 1992 | 61.88 billion current LCU | +11.1% |
| 1993 | 76.08 billion current LCU | +22.9% |
| 1994 | 83.79 billion current LCU | +10.1% |
| 1995 | 104.17 billion current LCU | +24.3% |
| 1996 | 109.96 billion current LCU | +5.6% |
| 1997 | 115.80 billion current LCU | +5.3% |
| 1998 | 124.92 billion current LCU | +7.9% |
| 1999 | 133.42 billion current LCU | +6.8% |
| 2000 | 159.10 billion current LCU | +19.2% |
| 2001 | 172.09 billion current LCU | +8.2% |
| 2002 | 244.19 billion current LCU | +41.9% |
| 2003 | 274.02 billion current LCU | +12.2% |
| 2004 | 280.60 billion current LCU | +2.4% |
| 2005 | 325.11 billion current LCU | +15.9% |
| 2006 | 372.56 billion current LCU | +14.6% |
| 2007 | 399.10 billion current LCU | +7.1% |
| 2008 | 426.31 billion current LCU | +6.8% |
| 2009 | 485.56 billion current LCU | +13.9% |
| 2010 | 523.81 billion current LCU | +7.9% |
| 2011 | 535.72 billion current LCU | +2.3% |
| 2012 | 481.37 billion current LCU | -10.1% |
| 2013 | 535.34 billion current LCU | +11.2% |
| 2014 | 565.59 billion current LCU | +5.7% |
| 2015 | 631.69 billion current LCU | +11.7% |
| 2016 | 680.04 billion current LCU | +7.7% |
| 2017 | 723.32 billion current LCU | +6.4% |
| 2018 | 709.56 billion current LCU | -1.9% |
| 2019 | 743.43 billion current LCU | +4.8% |
| 2020 | 795.93 billion current LCU | +7.1% |
| 2021 | 1.03 trillion current LCU | +29.2% |
| 2022 | 1.02 trillion current LCU | -0.5% |
| 2023 | 1.04 trillion current LCU | +1.3% |
| 2024 | 998.57 billion current LCU | -3.6% |
| 2025 | 986.33 billion current LCU | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.79 billion current LCU | 1.74 billion current LCU | 4.09 billion current LCU | 10 |
| 1970s | 8.44 billion current LCU | 4.22 billion current LCU | 14.75 billion current LCU | 10 |
| 1980s | 31.19 billion current LCU | 20.99 billion current LCU | 53.81 billion current LCU | 10 |
| 1990s | 91.31 billion current LCU | 47.40 billion current LCU | 133.42 billion current LCU | 10 |
| 2000s | 313.87 billion current LCU | 159.10 billion current LCU | 485.56 billion current LCU | 10 |
| 2010s | 612.99 billion current LCU | 481.37 billion current LCU | 743.43 billion current LCU | 10 |
| 2020s | 977.89 billion current LCU | 795.93 billion current LCU | 1.04 trillion current LCU | 6 |
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)
- GDP (constant 2015 US$), annual growth rate 1.11 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8659 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 5,713 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.11 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 11.04 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 72,846 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.5972 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1528 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in South Africa?
- Gross savings in South Africa was 986.33 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in South Africa?
- The highest recorded value was 1.04 trillion current LCU in 2023.
- What is the lowest gross savings recorded in South Africa?
- The lowest recorded value was 1.74 billion current LCU in 1960.
- How does South Africa rank for gross savings?
- South Africa ranks 63rd out of 177 countries with data for 2025.
- Is gross savings rising or falling in South Africa?
- Over the last ten years it is up 56.1%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.