South Africa - M2 Money Supply Growth 2023
7.59%
−1.04pp from 2022
South Africa's m2 money supply growth was 7.59% in 2023, decreased +1.04pp from 8.64% in 2022. This was the 62nd highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | -9.64% | -130.6% |
| 2nd | Burkina Faso | -2.88% | -222.2% |
| 3rd | United Kingdom | -2.63% | -130.6% |
| 4th | St. Kitts and Nevis | -1.85% | -149.6% |
| 5th | Sweden | -1.28% | -144.6% |
| 6th | Mali | -1.13% | -110.5% |
| 7th | Guinea-Bissau | -1.10% | -131.3% |
| 8th | Niger | -0.92% | -107.8% |
| 9th | Dominica | -0.45% | 64.2% |
| 10th | Benin | -0.39% | -103.0% |
| 11th | Norway | 0.43% | -92.2% |
| 12th | Aruba | 0.79% | -76.3% |
| 13th | Barbados | 0.94% | -82.5% |
| 14th | Kuwait | 1.01% | -84.4% |
| 15th | Macao SAR, China | 1.10% | -75.0% |
| 16th | Qatar | 1.14% | -93.4% |
| 17th | Uruguay | 1.34% | 178.0% |
| 18th | Grenada | 1.36% | -86.2% |
| 19th | Trinidad and Tobago | 1.40% | -25.3% |
| 20th | United States | 1.78% | 310.8% |
| 21st | Thailand | 1.95% | -49.7% |
| 22nd | Tonga | 1.99% | -44.8% |
| 23rd | Jordan | 2.09% | -61.2% |
| 24th | Japan | 2.16% | -4.9% |
| 25th | Albania | 2.35% | -51.8% |
| 26th | Chile | 2.61% | -31.1% |
| 27th | Brunei Darussalam | 2.69% | 114.9% |
| 28th | Timor-Leste | 2.71% | -68.5% |
| 29th | Côte d'Ivoire | 3.33% | -63.0% |
| 30th | Antigua and Barbuda | 3.34% | -27.3% |
| 31st | Indonesia | 3.50% | -58.1% |
| 32nd | Mozambique | 3.55% | -59.4% |
| 33rd | New Zealand | 3.56% | 94.5% |
| 34th | Hungary | 3.62% | -57.2% |
| 35th | St. Vincent and the Grenadines | 3.77% | 1,971.3% |
| 36th | Hong Kong SAR, China | 3.87% | 18.4% |
| 37th | Korea | 3.89% | -2.7% |
| 38th | Morocco | 3.91% | -51.2% |
| 39th | Australia | 3.93% | -49.8% |
| 40th | Israel | 4.64% | -20.0% |
| 41st | Denmark | 4.81% | -51.0% |
| 42nd | Costa Rica | 4.97% | 311.2% |
| 43rd | Ecuador | 5.22% | -48.5% |
| 44th | Azerbaijan | 5.25% | -77.8% |
| 45th | Seychelles | 5.73% | 846.9% |
| 46th | Malaysia | 5.83% | 45.9% |
| 47th | North Macedonia | 5.89% | 11.7% |
| 48th | Vanuatu | 5.95% | -18.8% |
| 49th | Algeria | 5.99% | -58.2% |
| 50th | São Tomé and Principe | 5.99% | -33.7% |
| 51st | Bhutan | 6.00% | -43.1% |
| 52nd | Guatemala | 6.06% | -13.5% |
| 53rd | Colombia | 6.08% | -41.6% |
| 54th | Solomon Islands | 6.13% | 16.4% |
| 55th | Cabo Verde | 6.27% | 8.1% |
| 56th | Togo | 6.68% | -56.5% |
| 57th | West Bank and Gaza | 6.80% | 5,544.2% |
| 58th | Maldives | 6.98% | 15.7% |
| 59th | Bangladesh | 7.01% | -6.5% |
| 60th | Mauritius | 7.27% | 38.2% |
| 61st | Iraq | 7.54% | -62.9% |
| 62nd | South Africa | 7.59% | -12.1% |
| 63rd | Bosnia and Herzegovina | 7.67% | 40.3% |
| 64th | Djibouti | 7.68% | 554.4% |
| 65th | Belize | 8.21% | 136.0% |
| 66th | Madagascar | 8.23% | -40.1% |
| 67th | Iceland | 8.32% | -6.2% |
| 68th | Poland | 8.54% | 62.7% |
| 69th | Bulgaria | 8.70% | -34.1% |
| 70th | Paraguay | 8.71% | 111.2% |
| 71st | Equatorial Guinea | 8.73% | -60.3% |
| 72nd | Fiji | 8.76% | 72.4% |
| 73rd | El Salvador | 8.88% | 91.1% |
| 74th | Tunisia | 8.95% | -2.0% |
| 75th | Gambia, The | 9.27% | 19.8% |
| 76th | Botswana | 9.35% | 37.8% |
| 77th | Comoros | 9.36% | 26.8% |
| 78th | Senegal | 9.61% | -55.5% |
| 79th | Congo, Republic of | 9.64% | 7.9% |
| 80th | Czechia | 9.73% | 59.4% |
| 81st | China | 9.85% | -15.6% |
| 82nd | Romania | 10.50% | 53.5% |
| 83rd | Uganda | 10.66% | 42.1% |
| 84th | Honduras | 10.97% | -11.5% |
| 85th | St. Lucia | 10.98% | 170.7% |
| 86th | Mexico | 11.02% | 50.4% |
| 87th | Kosovo | 11.28% | -3.4% |
| 88th | Kazakhstan | 11.68% | -16.2% |
| 89th | Jamaica | 11.86% | 39.2% |
| 90th | Montenegro | 11.97% | -47.8% |
| 91st | Uzbekistan | 12.16% | -59.7% |
| 92nd | Cambodia | 12.54% | 53.1% |
| 93rd | Serbia | 12.66% | 84.6% |
| 94th | Samoa | 13.68% | 86.5% |
| 95th | Tanzania | 14.06% | 20.8% |
| 96th | Dominican Republic | 14.48% | 160.1% |
| 97th | Nepal | 14.56% | 90.5% |
| 98th | Brazil | 14.69% | 15.2% |
| 99th | Georgia | 14.93% | 35.3% |
| 100th | Burundi | 15.45% | -58.4% |
| 101st | Pakistan | 16.25% | 119.3% |
| 102nd | Armenia | 17.40% | 8.0% |
| 103rd | Moldova | 18.32% | 247.5% |
| 104th | United Arab Emirates | 18.74% | 108.3% |
| 105th | Suriname | 19.62% | -58.1% |
| 106th | Kenya | 19.87% | 164.0% |
| 107th | Egypt, Arab Republic of | 19.92% | -26.6% |
| 108th | Guyana | 22.09% | 42.5% |
| 109th | Ukraine | 23.01% | 10.8% |
| 110th | Zambia | 24.58% | 0.3% |
| 111th | Rwanda | 24.76% | 8.1% |
| 112th | Mongolia | 26.83% | 315.0% |
| 113th | Malawi | 32.23% | -16.9% |
| 114th | Sierra Leone | 32.83% | -21.4% |
| 115th | Ghana | 37.41% | 16.8% |
| 116th | Angola | 37.76% | 2,772.4% |
| 117th | Tajikistan | 50.64% | 769.9% |
| 118th | South Sudan | 63.40% | -30.2% |
| 119th | Türkiye | 69.94% | 15.9% |
| 120th | Argentina | 158.55% | 80.8% |
| 121st | Zimbabwe | 708.93% | 80.9% |
FAQ
What was South Africa's m2 money supply growth in 2023?▾
South Africa's m2 money supply growth in 2023 was 7.59%. This ranked 62nd globally.
How did South Africa's m2 money supply growth change in 2023?▾
South Africa's m2 money supply growth decreased by 12.1% in 2023 compared to 2022.
Which country had the highest m2 money supply growth in 2023?▾
Zimbabwe had the highest m2 money supply growth in 2023 at 708.93%.
What is the m2 money supply growth of South Africa in 2023?▾
The m2 money supply growth of South Africa in 2023 was 7.59%. This ranked 62nd globally.
How does 2023 compare to 2022 for South Africa's m2 money supply growth?▾
South Africa's m2 money supply growth went from 8.64% in 2022 to 7.59% in 2023, a 12.1% decrease.
Related
2022
2024
All years
Full ranking 2023
Lending Rate
Deposit Rate
Real Interest Rate
Credit to GDP
Non-Performing Loans
Peak: 1988
Lowest: 2009
M2 Money Supply Growth 1990s
M2 Money Supply Growth 2000s
M2 Money Supply Growth 2010s
M2 Money Supply Growth 2020s
Highest ever
Lowest ever
Average
vs Paraguay
vs Fiji
vs Suriname
vs Guatemala
G20 M2 Money Supply Growth
BRICS+ M2 Money Supply Growth
African Union M2 Money Supply Growth
Global Ranking