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

0250.0B500.0B750.0B1.0T196019922025

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 60 Germany 1.18 trillion current LCU compare
  2. 61 Iceland 1.14 trillion current LCU compare
  3. 62 Denmark 1.04 trillion current LCU compare
  4. 64 Hong Kong 930.55 billion current LCU compare
  5. 65 Ukraine 862.19 billion current LCU compare
  6. 66 Togo 841.37 billion current LCU compare

See the full ranking of 177 places →

More economy & growth data for South Africa

All data for South Africa →

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

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

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.