Time deposits (current LCU) in South Africa
South Africa: Time deposits (current LCU) was 17.61 billion current LCU in 1989. ◆ Volatile
Time deposits in South Africa, 1961–1989
Source: International Monetary Fund. Measured in current LCU.
Analysis
In 1989, time deposits in South Africa stood at 17.61 billion current LCU.
The figure is up 147.7% on the previous year and up 434.4% over ten years.
Over the whole period, time deposits in South Africa peaked at 20.53 billion current LCU in 1984 and was at its lowest, 272.90 million current LCU, in 1962.
South Africa ranks 14th of 35 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Time deposits (current LCU) in South Africa, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 290.70 million current LCU | — |
| 1962 | 272.90 million current LCU | -6.1% |
| 1963 | 413.80 million current LCU | +51.6% |
| 1964 | 572.10 million current LCU | +38.3% |
| 1965 | 633.20 million current LCU | +10.7% |
| 1966 | 470.00 million current LCU | -25.8% |
| 1967 | 1.12 billion current LCU | +139.1% |
| 1968 | 1.67 billion current LCU | +48.9% |
| 1969 | 1.39 billion current LCU | -16.7% |
| 1970 | 2.48 billion current LCU | +77.9% |
| 1971 | 1.35 billion current LCU | -45.5% |
| 1972 | 1.66 billion current LCU | +22.7% |
| 1973 | 2.77 billion current LCU | +67.1% |
| 1974 | 2.90 billion current LCU | +4.6% |
| 1975 | 4.08 billion current LCU | +40.8% |
| 1976 | 2.94 billion current LCU | -27.9% |
| 1977 | 3.50 billion current LCU | +18.8% |
| 1978 | 2.75 billion current LCU | -21.4% |
| 1979 | 3.30 billion current LCU | +19.9% |
| 1980 | 11.03 billion current LCU | +234.6% |
| 1981 | 4.30 billion current LCU | -61.0% |
| 1982 | 6.10 billion current LCU | +41.9% |
| 1983 | 16.74 billion current LCU | +174.4% |
| 1984 | 20.53 billion current LCU | +22.6% |
| 1985 | 8.95 billion current LCU | -56.4% |
| 1988 | 7.11 billion current LCU | -20.6% |
| 1989 | 17.61 billion current LCU | +147.7% |
South Africa compared with similar countries
- South Africa's 17.61 billion current LCU is below the median for upper middle income countries, which is 19.56 billion current LCU, 90% of the median. (5 countries reporting)
- South Africa's 17.61 billion current LCU is above the median for Sub-Saharan Africa, which is 5.17 billion current LCU, 3.4× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 760.33 million current LCU | 272.90 million current LCU | 1.67 billion current LCU | 9 |
| 1970s | 2.77 billion current LCU | 1.35 billion current LCU | 4.08 billion current LCU | 10 |
| 1980s | 11.55 billion current LCU | 4.30 billion current LCU | 20.53 billion current LCU | 8 |
Countries ranked near South Africa
- 11 Madagascar 29.70 billion current LCU compare
- 12 Algeria 21.19 billion current LCU compare
- 13 Mauritius 19.56 billion current LCU
- 15 Comoros 5.79 billion current LCU
- 16 Sao Tome and Principe 5.30 billion current LCU
- 17 Guinea 5.04 billion current LCU
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is time deposits in South Africa?
- Time deposits in South Africa was 17.61 billion current LCU in 1989, according to International Monetary Fund.
- What is the highest time deposits recorded in South Africa?
- The highest recorded value was 20.53 billion current LCU in 1984.
- What is the lowest time deposits recorded in South Africa?
- The lowest recorded value was 272.90 million current LCU in 1962.
- How does South Africa rank for time deposits?
- South Africa ranks 14th out of 35 countries with data for 1989.
- Is time deposits rising or falling in South Africa?
- Over the last ten years it is up 434.4%. The long-run trend across the full record is volatile.
- Where does this South Africa data come from?
- The figures come from International Monetary Fund, published as part of Time deposits (current LCU). Statizoid updates them automatically from the source API.
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About this data
Time deposits.