Broad Money Supply M3 in South Africa increased by 9.59% year-on-year to an all-time high of ZAR 6,077,956 million in May 2026, from 9.82% in April. Money Supply M3 in South Africa averaged 1200688.53 ZAR Million from 1965 until 2026, reaching an all time high of 6077956.00 ZAR Million in May of 2026 and a record low of 4796.00 ZAR Million in March of 1965. source: South African Reserve Bank

Money Supply M3 in South Africa increased to 6077956 ZAR Million in May from 6046877 ZAR Million in April of 2026.

Money Supply M3 in South Africa increased to 6077956 ZAR Million in May from 6046877 ZAR Million in April of 2026. Money Supply M3 in South Africa is expected to be 5950000.00 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 M3 is projected to trend around 5900000.00 ZAR Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 08:00 AM
M3 Money Supply YoY
Apr 9.82% 8.96%
2026-06-30 06:00 AM
M3 Money Supply YoY
May 9.59% 9.82%
2026-07-29 06:00 AM
M3 Money Supply YoY
Jun 9.59% 9.4%


Related Last Previous Unit Reference
Banks Balance Sheet 9079609.00 9043317.00 ZAR Million May 2026
Central Bank Balance Sheet 1272741.00 1300062.00 ZAR Million Jun 2026
Foreign Exchange Reserves 74115.00 76583.00 USD Million Jun 2026
Interbank Rate 6.86 6.86 percent Jul 2026
Interest Rate 7.00 7.00 percent Jul 2026
Lending Rate 10.50 10.25 percent Jun 2026
Loans to Private Sector 5355723.00 5333966.00 ZAR Million May 2026
Money Supply M0 551651.00 554112.00 ZAR Million May 2026
Money Supply M1 3140298.00 3024348.00 ZAR Million May 2026
Money Supply M2 4878306.00 4910387.00 ZAR Million May 2026
M3 Money Supply YoY 6077956.00 6046877.00 ZAR Million May 2026


South Africa Money Supply M3
South Africa Money Supply M3 includes M2 plus long-term time deposits in banks.
Actual Previous Highest Lowest Dates Unit Frequency
6077956.00 6046877.00 6077956.00 4796.00 1965 - 2026 ZAR Million Monthly
Current Prices, SA