Money Supply M2 in South Africa increased to 4875388 ZAR Million in March from 4769080 ZAR Million in February of 2026. Money Supply M2 in South Africa averaged 973370.09 ZAR Million from 1965 until 2026, reaching an all time high of 4875388.00 ZAR Million in March 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 4550000.00 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 4750000.00 ZAR Million in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 9081083.00 9025584.00 ZAR Million Mar 2026
Central Bank Balance Sheet 1383747.00 1346237.00 ZAR Million Mar 2026
Foreign Exchange Reserves 77760.00 81060.00 USD Million Mar 2026
Interbank Rate 6.60 6.60 percent May 2026
Interest Rate 6.75 6.75 percent Apr 2026
Lending Rate 10.25 10.25 percent Apr 2026
Loans to Private Sector 5289884.00 5306367.00 ZAR Million Mar 2026
Money Supply M0 541072.00 512302.00 ZAR Million Mar 2026
Money Supply M1 3157977.00 2899449.00 ZAR Million Mar 2026
Money Supply M2 4875388.00 4769080.00 ZAR Million Mar 2026
M3 Money Supply YoY 5967908.00 5912319.00 ZAR Million Mar 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
4875388.00 4769080.00 4875388.00 2887.00 1965 - 2026 ZAR Million Monthly
Current Prices, NSA