South Africa - Gross savings (current US$)

The latest value for Gross savings (current US$) in South Africa was $49,139,200,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $73,779,880,000 in 2011 and $1,854,999,000 in 1960.

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

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

See also:

Year Value
1960 $1,854,999,000
1961 $1,986,599,000
1962 $2,195,199,000
1963 $2,648,799,000
1964 $2,776,199,000
1965 $3,096,799,000
1966 $3,418,799,000
1967 $4,094,998,000
1968 $4,180,398,000
1969 $4,678,798,000
1970 $4,738,998,000
1971 $4,932,787,000
1972 $5,473,906,000
1973 $8,732,724,000
1974 $11,750,160,000
1975 $10,004,450,000
1976 $9,272,450,000
1977 $10,473,050,000
1978 $12,525,800,000
1979 $16,455,580,000
1980 $26,851,350,000
1981 $23,838,770,000
1982 $19,139,920,000
1983 $20,534,570,000
1984 $17,089,150,000
1985 $13,175,080,000
1986 $14,287,720,000
1987 $17,375,610,000
1988 $18,660,470,000
1989 $20,116,920,000
1990 $18,628,220,000
1991 $20,424,310,000
1992 $21,466,460,000
1993 $23,283,820,000
1994 $23,596,950,000
1995 $28,719,150,000
1996 $25,575,350,000
1997 $25,130,370,000
1998 $22,596,630,000
1999 $21,838,830,000
2000 $22,925,580,000
2001 $19,989,230,000
2002 $23,166,510,000
2003 $36,223,370,000
2004 $43,439,140,000
2005 $51,124,240,000
2006 $55,018,960,000
2007 $56,646,250,000
2008 $51,604,300,000
2009 $57,302,620,000
2010 $71,546,420,000
2011 $73,779,880,000
2012 $58,632,680,000
2013 $55,473,980,000
2014 $52,154,770,000
2015 $49,541,280,000
2016 $46,233,600,000
2017 $54,332,450,000
2018 $54,917,780,000
2019 $52,238,250,000
2020 $49,139,200,000

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.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts