Home South Africa Economy & Growth Gross Savings

South Africa Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

12.25% −1.34% (-9.8%)
Year 2025 Rank #139 Global Peak 32.26% (1974) Source World Bank

South Africa Gross Savings (1960–2025)

Overview

South Africa's gross savings stood at 12.25% in 2025, a decline of +1.34% from 2024. The IMF projects 12.25% by 2025. South Africa ranked 139th globally.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 12.34% - -
2029* IMF 12.18% - -
2028* IMF 12.12% - -
2027* IMF 12.08% - -
2026* IMF 12.21% - -
2025* IMF 12.25% - -
2025 12.25% −1.34% #139
2024 13.58% −0.72% #140
2023 14.72% −0.63% #141
2022 15.34% −1.23% #145
2021 16.57% +2.25% #137
2020 14.31% +1.09% #146
2019 13.22% −0.03% #160
2018 13.23% −1.01% #157
2017 14.24% −0.04% #151
2016 14.29% −0.01% #143
2015 14.29% +0.61% #141
2014 13.68% −0.16% #140
2013 13.84% −0.06% #137
2012 13.50% −3.35% #140
2011 16.10% −0.16% #129
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.4% GDP growth 3.2% C/A balance 0.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

South Africa matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is South Africa's gross savings?

South Africa's gross savings was 12.25% in 2025. Ranked 139th globally. This represents a 9.8% decrease from the previous year.

What was the highest gross savings in South Africa?

South Africa's gross savings peaked at 32.26% in 1974.

What was the lowest gross savings in South Africa?

The lowest gross savings in South Africa was 12.25% in 2025.

How does South Africa rank in gross savings?

South Africa ranks 139th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of South Africa in 2025?

South Africa's gross savings is projected to reach 12.25% by 2025 based on IMF projection.

What is the gross savings of South Africa in 2025?

The gross savings of South Africa in 2025 was 12.25%. This ranks 139th in the world.

Cite this page

APA
South Africa Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/south-africa/gross-savings
BibTeX
@misc{historysaid_south-africa_gross-savings, title = {South Africa Gross Savings}, url = {https://historysaid.com/south-africa/gross-savings}, publisher = {HistorySaid}, year = {2026} }