Broad Money Supply M3 in South Africa increased by 8.89% year-on-year to an all-time high of ZAR 6,142,378 million in August 2026, accelerating from an 8.57% rise in the previous month. Money Supply M3 in South Africa averaged 1220687.19 ZAR Million from 1965 until 2026, reaching an all time high of 6142378.00 ZAR Million in August 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 6142378 ZAR Million in August from 6108725 ZAR Million in July of 2026.

Money Supply M3 in South Africa increased to 6142378 ZAR Million in August from 6108725 ZAR Million in July of 2026. Money Supply M3 in South Africa is expected to be 6150000.00 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 6320000.00 ZAR Million in 2027 and 6400000.00 ZAR Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-31 06:00 AM
M3 Money Supply YoY
Jul 8.57% 9.31% 9.2%
2026-09-30 06:00 AM
M3 Money Supply YoY
Aug 8.89% 8.57%
2026-10-29 06:00 AM
M3 Money Supply YoY
Sep 8.89%


Related Last Previous Unit Reference
Banks Balance Sheet 9137546.00 9216914.00 ZAR Million Jul 2026
Central Bank Balance Sheet 1280080.00 1273238.00 ZAR Million Aug 2026
Foreign Exchange Reserves 75954.00 73451.00 USD Million Aug 2026
Interbank Rate 7.11 7.11 percent Sep 2026
Interest Rate 7.25 7.00 percent Sep 2026
Lending Rate 10.50 10.50 percent Aug 2026
Loans to Private Sector 5414262.00 5370071.00 ZAR Million Aug 2026
Money Supply M0 558111.00 552305.00 ZAR Million Aug 2026
Money Supply M1 3204984.00 3000540.00 ZAR Million Aug 2026
Money Supply M2 5018479.00 4942453.00 ZAR Million Aug 2026
M3 Money Supply YoY 6142378.00 6108725.00 ZAR Million Aug 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
6142378.00 6108725.00 6142378.00 4796.00 1965 - 2026 ZAR Million Monthly
Current Prices, SA