South Africa M2 Growth

Key information about South Africa M2 Growth

• South Africa Money Supply M2 increased 6.9 % YoY in Jan 2026, compared with a growth of 8.1 % in the previous month
• South Africa Money Supply M2 growth data is updated monthly, available from Mar 1966 to Jan 2026
• The data reached an all-time high of 37.5 % in Sep 1988 and a record low of -1.2 % in Feb 2010

CEIC calculates M2 Growth Rate from monthly M2. South African Reserve Bank provides M2 in local currency.


Further information about South Africa M2 Growth

• In the latest reports, South Africa Foreign Exchange Reserves was measured at 52.4 USD bn in Jan 2026
• The Foreign Exchange Reserves equaled 5.8 Months of Import in Jan 2026
• South Africa Domestic Credit reached 383.5 USD bn in Jan 2026, representing an increased of 9.3 % YoY
• The country's Non Performing Loans Ratio stood at 4.8 % in Nov 2025, compared with the ratio of 4.9 % in the previous month
• Household Debt of South Africa reached 178.9 USD bn in Sep 2025, accounting for 41.0 % of the country's Nominal GDP

View South Africa's M2 Growth from Mar 1966 to Jan 2026 in the chart:

What was South Africa's M2 Growth in Jan 2026?

South Africa Money Supply M2 increased 6.9 % YoY in Jan 2026, compared with a growth of 8.1 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
6.9 Jan 2026	8.1 Dec 2025	-1.2 Feb 2010	37.5 Sep 1988	%	monthly	Mar 1966 - Jan 2026

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South Africa Key Series

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