South Africa - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in South Africa was 943,895,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 943,895,000,000 in 2020 and a minimum value of 1,560,000,000 in 1960.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,560,000,000
1961 1,683,000,000
1962 1,792,000,000
1963 2,118,000,000
1964 2,240,000,000
1965 2,494,000,000
1966 2,736,000,000
1967 3,227,000,000
1968 3,321,000,000
1969 3,749,000,000
1970 3,854,000,000
1971 3,999,000,000
1972 4,756,000,000
1973 6,741,000,000
1974 8,832,000,000
1975 8,500,000,000
1976 9,349,000,000
1977 10,616,000,000
1978 12,584,000,000
1979 15,803,000,000
1980 23,389,000,000
1981 23,968,000,000
1982 24,157,000,000
1983 26,842,000,000
1984 29,992,000,000
1985 35,483,000,000
1986 39,463,000,000
1987 42,302,000,000
1988 50,184,000,000
1989 62,155,000,000
1990 60,068,000,000
1991 66,679,000,000
1992 70,665,000,000
1993 86,883,480,000
1994 94,549,520,000
1995 116,935,000,000
1996 126,574,000,000
1997 133,981,000,000
1998 146,521,000,000
1999 158,686,000,000
2000 187,553,000,000
2001 210,625,000,000
2002 279,456,000,000
2003 316,421,000,000
2004 319,342,000,000
2005 372,139,000,000
2006 423,333,000,000
2007 484,478,000,000
2008 519,460,000,000
2009 564,471,000,000
2010 600,014,000,000
2011 627,883,000,000
2012 601,932,000,000
2013 659,690,000,000
2014 702,330,000,000
2015 766,292,000,000
2016 828,704,000,000
2017 901,630,000,000
2018 911,361,000,000
2019 929,266,000,000
2020 943,895,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts