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Bank Deposits (Local Currency) in South Africa

Source: OECD, South African Reserve Bank, IMF
Last Updated: July 24, 2023

Bank deposits reached ZAR 2,782 bil in 2020 in South Africa, according to the National Central Bank. This is 13.2% more than in the previous year.

Historically, bank deposits in South Africa reached an all time high of ZAR 2,782 bil in 2020 and an all time low of ZAR 185 bil in 1993.

South Africa has been ranked 37th within the group of 110 countries we follow in terms of bank deposits.

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