24Peaks / Africa / South Africa / Savings Rate and Household Debt Levels

South Africa - Savings Rate and Household Debt Levels 13.16

World Bank WDI · updated 2026-10-15 · 180 economies tracked

Latest value

13.16 (2025)

Global rank

#n/a of 180 economies

vs global median

0.6×

Growth since 1960

0.46×

Ranking Race — Savings Rate and Household Debt Levels

1 = global #1 · lower value ranks higher

#1#22#43#64#85#106#12719601970198019902000201020202025#1#152024 overtook Haiti2025 overtook Guinea
South AfricaSAO Tome and PrincipeSudanSeychellesMalawi

Real annual global ranks, 1960 - 2025. South Africa climbed from #1 to #15 (overtook Haiti). Gaps in a lane = missing data that year.

Key events for South Africa ↓

Key Events — South Africa

Auto-detected from rank data + curated milestones

1975
Fell 16 places in global rank auto
1977
Fell 15 places in global rank auto
1990
Climbed 18 places in global rank auto
1994
Democratic transition curated

Sanctions lift; economy reopens to global markets.

2004
Climbed 15 places in global rank auto
2009
Global crisis recession curated

First recession in 17 years.

2015
Credit rating downgrades curated

Fiscal and growth concerns trigger rating cuts.

2020
COVID-19 recession curated

Deepest contraction in a century.

Savings Rate and Household Debt Levels, 1960-2025

World Bank WDI · % · linear scale · ranking in the race above
19601975199020052020202513.1619.8626.5633.26
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