Money Supply M3 in South Africa increased to 3551630 ZAR Million in January from 3540330 ZAR Million in December of 2018. Money Supply M3 in South Africa averaged 723274.70 ZAR Million from 1965 until 2019, reaching an all time high of 3551630 ZAR Million in January of 2019 and a record low of 4796 ZAR Million in March of 1965.
Money Supply M3 in South Africa is expected to be 3582249.35 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M3 in South Africa to stand at 3714962.11 in 12 months time. In the long-term, the South Africa Money Supply M3 is projected to trend around 4043366.57 ZAR Million in 2020, according to our econometric models.