South Africa | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 13.57 12.86 12.62 13.19 13.31 10 [+]
Government Bond 10Y 8.47 8.2 8 8.52 8.6 6.8 percent [+]
Stock Market 50411.09 50757 50275 51427 51434 54700 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 349.82 351 351 355 355 419 USD Billion [+]
GDP Growth Rate -1.30 0.3 0.5 1.1 2.49 2.82 percent [+]
GDP Annual Growth Rate 1.20 1 1.1 0.9 1.16 1.5 percent [+]
GDP Constant Prices 3040592.00 3049713 3051357 3054444 3066403 3318354 ZAR Million [+]
Gross National Product 2944705.00 2967061 2977546 2995134 3002479 3258939 ZAR Million [+]
GDP per capita 6086.45 6088 6088 6094 6094 7953 USD [+]
Gross Fixed Capital Formation 627181.00 626436 626298 626650 627133 719485 ZAR Million [+]
GDP per capita PPP 12446.37 12450 12450 12603 12603 18247 USD [+]
GDP From Agriculture 67151.46 66867 66591 66323 66062 63685 ZAR Million [+]
GDP From Construction 104729.00 105082 105093 105053 105083 108303 ZAR Million [+]
GDP From Manufacturing 375680.72 370993 368752 368426 368779 363134 ZAR Million [+]
GDP From Mining 235539.65 236779 236272 235838 235701 234596 ZAR Million [+]
GDP From Public Administration 468073.00 468137 468211 468205 468117 458977 ZAR Million [+]
GDP From Services 606667.00 610459 613829 616759 619337 629849 ZAR Million [+]
GDP From Transport 256125.48 256254 256359 256375 256315 247898 ZAR Million [+]
GDP From Utilities 67318.06 67056 66930 66751 66583 64670 ZAR Million [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 25.00 25.27 24.51 25.57 24.79 21.6 percent [+]
Employed Persons 8942000.00 8945000 8951000 8994070 9032257 8670000 [+]
Unemployed Persons 5230.00 5530 5532 5347 5013 5130 Thousand [+]
Labor Force Participation Rate 58.10 58.09 58.57 58.45 58.1 57.57 percent [+]
Wages 14911.00 14978 15061 14999 14861 15686 ZAR/Month [+]
Wages in Manufacturing 14912.00 14529 14619 16233 16494 17419 ZAR/Month [+]
Labour Costs 141.70 148 150 152 155 398 Index Points [+]
Population 54.00 54.69 55.03 55.32 55.61 58.02 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 5.00 5.1 5.5 6.61 6.31 3.57 percent [+]
Inflation Rate Mom 1.00 0.59 0.39 0.71 0.72 0.5 percent [+]
Consumer Price Index CPI 116.10 118 122 122 124 183 Index Points [+]
Producer Prices 118.70 119 118 118 118 120 Index Points [+]
Producer Prices Change 3.30 4.74 6.45 7.31 7.29 4.36 percent [+]
Export Prices 127.00 125 126 127 128 126 Index Points [+]
Import Prices 133.40 133 134 134 134 132 Index Points [+]
Food Inflation 4.40 6.94 6.01 4.89 5.09 5.11 percent [+]
Core Consumer Prices 115.80 117 118 120 121 139 Index Points [+]
Core Inflation Rate 5.40 5.2 5.3 4.99 4.97 5.4 percent [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 6.00 6 6 6.25 6.25 4 percent [+]
Interbank Rate 5.92 5.25 5.25 6.53 6.77 3.76 percent [+]
Money Supply M0 207914.00 207556 211858 215783 219438 282852 ZAR Million [+]
Money Supply M1 1346962.00 1354952 1381349 1411873 1439426 1922414 ZAR Million [+]
Money Supply M2 2377430.00 2397521 2434991 2492305 2536712 3329276 ZAR Million [+]
Money Supply M3 2909254.00 2938601 2999242 3062798 3121489 4077542 ZAR Million [+]
Foreign Exchange Reserves 579877.00 579937 579591 579376 578848 585295 ZAR THO Million [+]
Loans to Private Sector 2950151.00 2997402 3028175 3053856 3076102 3821572 ZAR Million [+]
Banks Balance Sheet 4437491.00 4476426 4520975 4543631 4554040 4404240 ZAR Million [+]
Central Bank Balance Sheet 636062.00 633922 634348 634170 634173 634172 ZAR Million [+]
Lending Rate 9.50 9.53 9.58 9.6 9.62 9.63 percent [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -397.36 471 3339 718 1764 -513 ZAR Million [+]
Exports 94213.12 91676 92731 92626 92435 95090 ZAR Million [+]
Imports 94610.48 89464 88884 89181 89099 99700 ZAR Million [+]
Current Account -188675.00 -228511 -360057 -173332 -172524 -266896 ZAR Million [+]
Current Account to GDP -5.40 -5.17 -5.33 -4.31 -3.78 -4.5 percent [+]
External Debt 144406.00 145877 145170 145650 145580 145769 USD Million [+]
Tourist Arrivals 1169290.00 1214075 1300924 1213843 1227590 1297800 [+]
Gold Reserves 125.19 125 125 125 125 125 Tonnes [+]
Crude Oil Production 3.00 3 3 3 3 3 BBL/D/1K [+]
Foreign Direct Investment 1695.00 1718 1725 1729 1731 1677 ZAR Billion [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -3.80 -3.9 -3.9 -4 -4 -2.31 percent of GDP [+]
Government Debt to GDP 39.00 40 40 42 42 41 percent [+]
Government Budget Value -69972.00 -8558 21992 -13384 15376 -3015 ZAR Million [+]
Government Spending 615646.00 632465 618193 618793 619262 650681 ZAR Million [+]
Credit Rating 57.44 [+]
Fiscal Expenditure 139021.00 132126 122566 77992 83116 92057 ZAR Million [+]
Government Revenues 69049.00 80440 82610 82481 82489 100499 ZAR Million [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 43.00 44 50 52 42.2 72 [+]
Manufacturing PMI 48.90 49.23 50.14 49.67 49.83 54.2 [+]
Industrial Production -0.40 -1.06 -1.85 -1.9 1.47 3.87 percent [+]
Industrial Production Mom 0.90 0.5 -0.03 -0.39 0.11 0.14 percent [+]
Capacity Utilization 81.50 81.57 81.83 81.68 81.66 81.65 percent [+]
Changes in Inventories 8812.00 5225 1631 4427 4306 1883 ZAR Million [+]
Bankruptcies 190.00 186 134 193 197 130 Companies [+]
Total Vehicle Sales 51055.00 51314 44601 52599 49869 62167 [+]
Car Registrations 36506.00 33132 33279 32451 32020 45823 Cars [+]
Competitiveness Index 4.35 4.37 4.37 4.5 4.5 4.8 Points [+]
Competitiveness Rank 56.00 56 56 58 58 53 [+]
Corruption Index 44.00 42.09 42.14 42.19 42.25 39.47 Points [+]
Corruption Rank 67.00 68 67 67 66 61 [+]
Ease of Doing Business 43.00 43 43 44 44 42 [+]
Leading Economic Index 94.00 92.76 101 93.11 93.25 110 Index Points [+]
Mining Production 1.10 0.84 0.23 1.6 2.1 1.3 percent [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence -15.00 -10.57 -14.49 -10.37 -12.69 -11.93 [+]
Retail Sales MoM 0.10 0.17 0.14 0.01 0.24 1.38 percent [+]
Retail Sales YoY 3.50 3.32 3.36 2.87 3.25 3.25 percent [+]
Consumer Spending 1856394.00 1880328 1893739 1906198 1918338 2010956 ZAR Million [+]
Disposable Personal Income 2314181.00 2388082 2424928 2461705 2498413 3147497 ZAR Million [+]
Personal Savings -53708.00 -50970 -50579 -50044 -49287 -38340 ZAR Million [+]
Bank Lending Rate 9.50 9.62 10.05 10.47 10.85 7.5 percent [+]
Private Sector Credit 8.38 7.96 8.13 8.06 8.18 8.11 percent [+]
Gasoline Prices 1.00 0.99 0.99 0.99 0.99 0.95 USD/Liter [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 28.00 28 28 28 28 28 percent [+]
Personal Income Tax Rate 41.00 41 41 41 41 41 percent [+]
Sales Tax Rate 14.00 14 14 14 14 14 percent [+]
Social Security Rate 3.00 3 3 3 3 3 percent [+]
Social Security Rate For Companies 2.00 2 2 2 2 2 percent [+]
Social Security Rate For Employees 1.00 1 1 1 1 1 percent [+]



Economic Forecasts for South Africa including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the South Africa economy. 9/4/2015