Money Supply M2 in South Africa increased to 4889290 ZAR Million in June from 4878306 ZAR Million in May of 2026. Money Supply M2 in South Africa averaged 989345.46 ZAR Million from 1965 until 2026, reaching an all time high of 4910387.00 ZAR Million in April of 2026 and a record low of 2887.00 ZAR Million in March of 1965. source: South African Reserve Bank

Money Supply M2 in South Africa is expected to be 4890000.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Money Supply M2 is projected to trend around 4990000.00 ZAR Million in 2027 and 5050000.00 ZAR Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 9216914.00 9079609.00 ZAR Million Jun 2026
Central Bank Balance Sheet 1273238.00 1272741.00 ZAR Million Jul 2026
Foreign Exchange Reserves 73450.00 74110.00 USD Million Jul 2026
Interbank Rate 6.85 6.85 percent Aug 2026
Interest Rate 7.00 7.00 percent Jul 2026
Lending Rate 10.50 10.50 percent Jul 2026
Loans to Private Sector 5367759.00 5355723.00 ZAR Million Jun 2026
Money Supply M0 561134.00 551651.00 ZAR Million Jun 2026
Money Supply M1 3158504.00 3140298.00 ZAR Million Jun 2026
Money Supply M2 4889290.00 4878306.00 ZAR Million Jun 2026
M3 Money Supply YoY 6109974.00 6077956.00 ZAR Million Jun 2026


South Africa Money Supply M2
South Africa Money Supply M2 includes M1 plus short-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
4889290.00 4878306.00 4910387.00 2887.00 1965 - 2026 ZAR Million Monthly
Current Prices, NSA