Household Saving Rate in South Africa decreased to -1.10 percent in the fourth quarter of 2023 from -1 percent in the third quarter of 2023. Personal Savings in South Africa averaged 4.42 percent from 1960 until 2023, reaching an all time high of 23.80 percent in the second quarter of 1972 and a record low of -2.40 percent in the fourth quarter of 2007. source: Statistics South Africa




Related Last Previous Unit Reference
Prime Overdraft Rate 11.25 11.50 percent Nov 2024
Consumer Confidence -5.00 -10.00 points Sep 2024
Consumer Spending 3133096.00 3089260.00 ZAR Million Jun 2024
Disposable Personal Income 4681981.00 4606815.00 ZAR Million Jun 2024
Gasoline Prices 1.19 1.55 USD/Liter Oct 2024
Households Debt to GDP 34.60 34.40 percent of GDP Mar 2024
Households Debt to Income 62.40 62.00 percent Dec 2023
Personal Savings -1.10 -1.00 percent Dec 2023
Private Sector Credit YoY 4.63 4.95 percent Sep 2024
Retail Sales MoM -0.80 0.60 percent Sep 2024
Retail Sales YoY 0.90 3.30 percent Sep 2024

South Africa Household Saving Ratio
In South Africa, household saving ratio refers to the income saved by household during a certain period of time. Based on current prices.
Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -1.00 23.80 -2.40 1960 - 2023 percent Quarterly
SA