Gross national savings — all countries

Gross national savings — South Africa

Gross national savings in South Africa in 2025 — 12.9%. Ranked 68 in the world out of 73. Since 1960, the indicator has fallen by 14.9 pp.

2025 12.9% −0.7 pp vs 2024
World rank 68of 73
Period maximum 32.3%1974
Period minimum 12.9%2025

Trend over time

1960–2025 · % of GDP

Gross national savings — South Africa, 1960–202510152025303519601967197419811988199520022009201620231960: 27.8%1962: 29.2%1964: 29.5%1966: 30.4%1968: 30.5%1970: 27.8%1972: 27.1%1974: 32.3%1976: 25.8%1978: 26.5%1980: 30.1%1982: 23.3%1984: 21.2%1986: 20%1988: 18.3%1990: 14.5%1992: 14.8%1994: 15.4%1996: 15.7%1998: 14.8%2000: 15.1%2002: 17.9%2004: 17%2006: 18.1%2008: 16.3%2010: 17.1%2012: 13.5%2014: 13.7%2016: 14.3%2018: 13.2%2020: 14.3%2022: 15.3%2024: 13.6%2025: 12.9%
Change over the period: −14.9 pp Annual average: -0.23 pp
Gross national savings — South Africa, by year South Africa All countries CSV XLSX
Year % Change, pp
2025 12.9 −0.7 pp
2024 13.6 −1.1 pp
2023 14.7 −0.6 pp
2022 15.3 −1.2 pp
2021 16.6 +2.3 pp
2020 14.3 +1.1 pp
2019 13.2 −0 pp
2018 13.2 −1 pp
2017 14.2 −0 pp
2016 14.3 −0 pp
2015 14.3 +0.6 pp
2014 13.7 −0.2 pp
2013 13.8 +0.3 pp
2012 13.5 −2.6 pp
2011 16.1 −1 pp
2010 17.1 −0.2 pp
2009 17.4 +1.1 pp
2008 16.3 −0.7 pp
2007 17 −1.1 pp
2006 18.1 +0.4 pp
2005 17.7 +0.7 pp
2004 17 −1.4 pp
2003 18.4 +0.4 pp
2002 17.9 +3.2 pp
2001 14.8 −0.3 pp
2000 15.1 +0.7 pp
1999 14.4 −0.4 pp
1998 14.8 −0.1 pp
1997 14.9 −0.8 pp
1996 15.7 −1.1 pp
1995 16.7 +1.4 pp
1994 15.4 −0.4 pp
1993 15.8 +1.1 pp
1992 14.8 −0.2 pp
1991 14.9 +0.4 pp
1990 14.5 −4.5 pp
1989 19 +0.7 pp
1988 18.3 −0 pp
1987 18.3 −1.7 pp
1986 20 −1.3 pp
1985 21.3 +0.1 pp
1984 21.2 −1.2 pp
1983 22.4 −0.9 pp
1982 23.3 −3 pp
1981 26.3 −3.8 pp
1980 30.1 +2.3 pp
1979 27.8 +1.3 pp
1978 26.5 +0.5 pp
1977 26 +0.2 pp
1976 25.8 −0.8 pp
1975 26.5 −5.7 pp
1974 32.3 +1.8 pp
1973 30.4 +3.3 pp
1972 27.1 +0.7 pp
1971 26.4 −1.5 pp
1970 27.8 −1.9 pp
1969 29.8 −0.7 pp
1968 30.5 −1.6 pp
1967 32.1 +1.7 pp
1966 30.4 +0.1 pp
1965 30.3 +0.8 pp
1964 29.5 −1.4 pp
1963 30.9 +1.7 pp
1962 29.2 +0.6 pp
1961 28.6 +0.8 pp
1960 27.8

Southern Africa, 2025

The same indicator for neighboring countries — with links to their pages

LS Lesotho 13.6 ZA South Africa 12.9

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.