South Africa | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 12.04 12.56 12.66 10 8.51 7.86 [+]
Government Bond 10Y 7.83 7.5 7.6 7.8 4.5 5.3 [+]
Stock Market 51810.16 52100 50600 59000 63400 75300 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 350.63 417 417 419 650 774 [+]
GDP Growth Rate 4.10 0.4 0.35 2.82 2.01 2.86 [+]
GDP Annual Growth Rate 1.30 1.2 1.1 1.5 2.5 2 [+]
GDP Constant Prices 3040251.00 3066090 3093504 3688105 4769367 6931891 [+]
Gross National Product 3644.00 2919352 2934753 3187698 3649004 4571616 [+]
GDP per capita 5916.46 5940 5943 7953 9953 12953 [+]
Gross Fixed Capital Formation 624408.00 626546 627762 719485 789485 859485 [+]
GDP per capita PPP 12105.55 12177 12597 18247 22247 32247 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 24.30 26.05 25.02 21.6 14.8 14.93 [+]
Employed Persons 8989000.00 8570000 8590000 8670000 985644 10314342 [+]
Unemployed Persons 4908.66 5123 5229 5130 6500 6331 [+]
Labor Force Participation Rate 56.80 57.1 57.61 57.57 63.24 66.84 [+]
Wages 14911.00 14943 15018 16591 19430 25110 [+]
Wages in Manufacturing 15184.00 14489 14519 17419 24419 32366 [+]
Labour Costs 376.50 388 395 398 428 441 [+]
Population 54.00 54.25 54.51 58.02 65.58 77.09 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 3.90 3.62 2.95 3.57 2.9 2.53 [+]
Inflation Rate Mom 0.63 0.43 0.99 0.5 0.6 0.72 [+]
Consumer Price Index CPI 111.50 113 113 183 260 360 [+]
Producer Prices 114.20 114 114 120 131 147 [+]
Producer Prices Change 2.61 3.02 5 4.36 3.49 4.73 [+]
Export Prices 132.40 140 142 157 159 159 [+]
Import Prices 136.40 140 139 139 139 139 [+]
Food Inflation 6.40 8.07 7.51 5.11 4.7 3.45 [+]
Core Consumer Prices 113.10 114 115 139 163 182 [+]
Core Inflation Rate 5.80 5.94 5.5 5.4 2.74 3.69 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 5.75 5.75 5.75 4 3.75 3.5 [+]
Interbank Rate 5.67 5.55 5.5 3.76 4 4 [+]
Money Supply M0 197809.00 203170 202199 202826 202826 202826 [+]
Money Supply M1 1239869.00 1259860 1229963 1237366 1237574 1237574 [+]
Money Supply M2 2225488.00 2258872 2296872 2986349 3774293 4429967 [+]
Money Supply M3 2720252.00 2742133 2777449 3404818 4019282 4407660 [+]
Foreign Exchange Reserves 471900.00 496667 476803 528506 528489 528489 [+]
Loans to Private Sector 2869123.00 2902414 2967074 3998839 4963995 5524973 [+]
Banks Balance Sheet 4289102.00 4329000 4411527 4404240 4604240 4904240 [+]
Central Bank Balance Sheet 601175.00 603691 600020 601463 601463 601463 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -24215.00 -10604 -10096 -4610 -12579 -15579 [+]
Exports 67083.00 82797 83397 95090 107089 127089 [+]
Imports 91298.00 93401 93493 99700 119668 142668 [+]
Current Account -198000.00 -262128 -295318 -266896 -207113 -228131 [+]
Current Account to GDP -5.40 -5.47 -5.42 -4.5 -5 -3.56 [+]
External Debt 142314.00 145496 146453 145832 145740 145740 [+]
Tourist Arrivals 1447598.00 1539603 1466809 1780774 1880774 1980774 [+]
Gold Reserves 125.13 125 125 125 125 125 [+]
Crude Oil Production 3.00 3.49 3.8 3.83 3.85 3.85 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -3.80 -3.78 -3.78 -2.31 -1.61 -1.93 [+]
Government Debt to GDP 46.10 48.82 49.31 52.62 52.79 52.79 [+]
Government Budget Value -29212.00 -2782 16898 6806 4264 1024 [+]
Government Spending 618660.00 621425 627984 650681 748906 848906 [+]
Credit Rating 57.44 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 49.00 50.8 48.42 72 81 67.42 [+]
Manufacturing PMI 47.60 47.32 49.02 54.2 49.6 51.9 [+]
Industrial Production -2.30 -0.45 -0.04 3.87 2.87 0.32 [+]
Industrial Production Mom -1.50 -0.37 0.12 0.24 0.49 0.74 [+]
Capacity Utilization 81.50 80.47 80.29 80.5 80.46 80.46 [+]
Changes in Inventories 3770.00 -2364 -860 1883 -2469 4379 [+]
Bankruptcies 158.00 191 163 130 120 124 [+]
Total Vehicle Sales 51973.00 54070 53853 62167 69346 79383 [+]
Car Registrations 34904.00 39224 38526 45823 53820 59813 [+]
Leading Economic Index 99.10 101 101 110 130 141 [+]
Mining Production -4.70 0.75 0.24 1.3 0.5 -0.15 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 0.00 -4.05 3.05 4.02 2.9 1.91 [+]
Retail Sales MoM -0.10 0.12 0.34 1.38 0.57 0.08 [+]
Retail Sales YoY 1.70 1.22 1.45 2.1 2.1 2.1 [+]
Consumer Spending 1843463.00 1848939 1853989 2010956 2201190 2861190 [+]
Disposable Personal Income 2296674.00 2309248 2347336 2764698 3457380 4851444 [+]
Personal Savings -51439.00 -47322 -58188 -7549 -2749 -2758 [+]
Bank Lending Rate 9.25 9.33 9.48 7.5 7.25 7 [+]
Private Sector Credit 8.67 9.23 9.24 8.99 8.97 8.97 [+]
Gasoline Prices 0.91 0.89 0.85 0.8 0.76 0.73 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 28.00 27.98 27.98 27.97 27.97 27.97 [+]
Personal Income Tax Rate 41.00 40 41 40 40 40 [+]
Sales Tax Rate 14.00 14 14 14 14 14 [+]
Social Security Rate 3.00 3 3 3 3 3 [+]
Social Security Rate For Companies 2.00 2 2 2 2 2 [+]
Social Security Rate For Employees 1.00 1 1 1 1 1 [+]