South Africa - Gross savings (% of GDP)
Gross savings (% of GDP) in South Africa was 14.65 as of 2020. Its highest value over the past 60 years was 32.36 in 1980, while its lowest value was 13.47 in 2019.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
Year | Value |
---|---|
1960 | 24.49 |
1961 | 24.92 |
1962 | 25.83 |
1963 | 28.11 |
1964 | 26.76 |
1965 | 27.32 |
1966 | 27.67 |
1967 | 29.72 |
1968 | 28.07 |
1969 | 27.88 |
1970 | 25.73 |
1971 | 24.26 |
1972 | 25.63 |
1973 | 29.81 |
1974 | 31.92 |
1975 | 26.25 |
1976 | 25.33 |
1977 | 25.76 |
1978 | 26.80 |
1979 | 28.55 |
1980 | 32.36 |
1981 | 27.90 |
1982 | 24.41 |
1983 | 23.49 |
1984 | 22.09 |
1985 | 22.30 |
1986 | 21.16 |
1987 | 19.62 |
1988 | 19.61 |
1989 | 20.31 |
1990 | 16.12 |
1991 | 16.48 |
1992 | 15.95 |
1993 | 15.82 |
1994 | 15.37 |
1995 | 16.72 |
1996 | 15.67 |
1997 | 14.87 |
1998 | 14.77 |
1999 | 14.41 |
2000 | 15.11 |
2001 | 14.76 |
2002 | 17.95 |
2003 | 18.39 |
2004 | 16.98 |
2005 | 17.70 |
2006 | 18.11 |
2007 | 17.01 |
2008 | 16.32 |
2009 | 17.38 |
2010 | 17.14 |
2011 | 16.10 |
2012 | 13.50 |
2013 | 13.84 |
2014 | 13.68 |
2015 | 14.29 |
2016 | 14.29 |
2017 | 14.24 |
2018 | 13.57 |
2019 | 13.47 |
2020 | 14.65 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts