South Africa: Savings, percent of GDP

The latest value from 2025 is 12.91 percent, a decline from 13.58 percent in 2024. In comparison, the world average is 23.38 percent, based on data from 72 countries. Historically, the average for South Africa from 1960 to 2025 is 20.43 percent. The minimum value, 12.91 percent, was reached in 2025 while the maximum of 32.26 percent was recorded in 1974. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in South Africa and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.