Money Supply M3 in South Africa grew by 9.3% year-on-year to ZAR 4,967,592 million in July 2023, slowing from an 11.15% rise in the previous month and below market forecasts of 10.8%. source: South African Reserve Bank
Money Supply M3 in South Africa averaged 994354.52 ZAR Million from 1965 until 2023, reaching an all time high of 4998990.00 ZAR Million in June of 2023 and a record low of 4796.00 ZAR Million in March of 1965. This page provides the latest reported value for - South Africa Money Supply M3 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Money Supply M3 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
Money Supply M3 in South Africa is expected to be 4620000.00 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 4580000.00 ZAR Million in 2024 and 4550000.00 ZAR Million in 2025, according to our econometric models.