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A economics concept which refers to the average proportion of a person's salary which they will save in the economy. In South Africa, the marginal propensity to save is mostly less than 2% - which means that as a nation we save less than 2% of what we earn. A very low savings rate means that businesses have to rely on other sources of capital to fund their growth. Countries which have a very strong savings rate (like Japan where the savings rate is above 10%) tend to grow more rapidly.