South Africa - Gross savings (current LCU)

The value for Gross savings (current LCU) in South Africa was 808,787,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 808,787,000,000 in 2020 and a minimum value of 1,325,000,000 in 1960.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

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

Year Value
1960 1,325,000,000
1961 1,419,000,000
1962 1,568,000,000
1963 1,892,000,000
1964 1,983,000,000
1965 2,212,000,000
1966 2,442,000,000
1967 2,925,000,000
1968 2,986,000,000
1969 3,342,000,000
1970 3,385,000,000
1971 3,528,013,000
1972 4,207,929,000
1973 6,060,153,000
1974 7,983,966,000
1975 7,398,371,000
1976 8,063,000,000
1977 9,107,000,000
1978 10,892,000,000
1979 13,855,970,000
1980 20,912,740,000
1981 20,920,410,000
1982 20,782,430,000
1983 22,877,560,000
1984 25,211,230,000
1985 29,362,970,000
1986 32,647,900,000
1987 35,377,320,000
1988 42,423,980,000
1989 52,760,190,000
1990 48,197,190,000
1991 56,397,660,000
1992 61,222,350,000
1993 76,084,550,000
1994 83,788,060,000
1995 104,167,000,000
1996 109,956,000,000
1997 115,801,000,000
1998 124,921,000,000
1999 133,424,000,000
2000 159,099,000,000
2001 172,091,000,000
2002 244,191,000,000
2003 274,019,000,000
2004 280,604,000,000
2005 325,114,000,000
2006 372,561,000,000
2007 399,096,000,000
2008 426,313,000,000
2009 485,565,000,000
2010 523,806,000,000
2011 535,723,000,000
2012 481,368,000,000
2013 535,335,000,000
2014 565,587,000,000
2015 631,686,000,000
2016 680,041,000,000
2017 723,322,000,000
2018 726,776,000,000
2019 754,759,000,000
2020 808,787,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts